Fact sheet: MFS Meridian US CrpBnd

Fund information

Fund name
MFS Meridian US Corporate Bond W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager
Robert D Persons
since 31/03/2013
Fund objective
The fund's investment objective is to seek total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars. Focuses on investment-grade debt and corporate bonds of U.S. issuers believed to have solid/improving fundamentals May also include high-yield, international and/or emerging market debt Portfolio based on intensive fundamental research and collaborative research organization that aims to avoid adverse credit events, and focuses on bottom-up security selection.
Benchmark
Barclays U.S. Credit Bond Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.75 %

1 Year rank in sector

11/24

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 237.0 m

FE Risk score

48

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    84.17%
  • Canada
    3.03%
  • France
    2.37%
  • UK
    2.26%
  • Switzerland
    1.86%
  • Corporate Bonds
    97.7%
  • Cash & Cash Equivalents
    1.09%
  • Government Bonds
    0.71%
  • Debt
    0.49%
  • Others
    0.02%
  • US Fixed Interest
    86.3%
  • US Corporate Fixed Interest
    11.9%
  • Money Market
    1.1%
  • US Government Fixed Interest
    0.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.35 %3.84 %1.75 %11.09 %0 %
Sector0.59 %3.1 %2.79 %10.35 %18.69 %
Rank within sector30 / 337 / 3111 / 249 / 19 /
Quartile th4 th1 st2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund4.78 %6.02 %-0.29 %5.53 %0 %
Sector4.05 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector11 / 3110 / 209 / 1913 / 18 /
Quartile th2 nd2 nd2 nd3 rd th

Risk statistics

Alpha0.31
Beta1.06
Sharpe0.1
Volatility3.92
Tracking error1.59
Information ratio0.3
R-Squared0.84

Price movement

52 week high11.71
52 week low10.98
Current bid price0
Current offer price0
Current mid price11.62

Holdings by region

  • 84.17% USA
  • 3.03% Canada
  • 2.37% France
  • 2.26% UK
  • 1.86% Switzerland
  • 1.52% Netherlands
  • 1.09% Cash & Cash Equivalents
  • 0.79% Germany
  • 0.68% Portugal
  • 0.64% Australia

Holdings by sector

  • 97.7% Corporate Bonds
  • 1.09% Cash & Cash Equivalents
  • 0.71% Government Bonds
  • 0.49% Debt
  • 0.02% Others

Holdings by asset type

  • 86.3% US Fixed Interest
  • 11.9% US Corporate Fixed Interest
  • 1.1% Money Market
  • 0.7% US Government Fixed Interest

Individual holdings

  • 1.36% Anheuser-Busch InBev Finance Inc 4.7% FEB 01 36
  • 1.31% SunTrust Banks Inc 2.7% JAN 27 22
  • 1.2% Morgan Stanley 3.125% JUL 27 26
  • 1.19% Constellation Brands Inc 4.250 MAY 01 23
  • 1.02% Sempra Energy 3.25% JUN 15 27
  • 1% Reckitt Benckiser Treasury Services PLC 144A 3% JUN 26 27
  • 0.97% JPMorgan Chase & Co 3.25 SEP 23 22
  • 0.96% Verizon Communications Inc 4.500 SEP 15 20
  • 0.91% Equinix Inc 5.750 JAN 01 25
  • 0.9% AT&T Inc 2.45% JUN 30 20