Fact sheet: MFS Meridian US TtlRtrBnd

Fund information

Fund name
MFS Meridian US Total Return Bond W1 USD
Fund company manager
MFS Meridian Funds
Fund type
SIB
Fund manager
Jeffrey S Wakelin
since 19/08/2002
Fund objective
The fund's investment objective is to seek total return, measured in US dollars. Primarily investment-grade U.S. dollar bond fund that integrates macro, bottom-up, and quantitative perspectives in an effort to add value through sector allocation, security selection, and duration/yield curve decisions. Through a collaborative process, portfolio managers set the strategy's risk budget and work with analysts to select securities. This credit-biased portfolio has the flexibility to invest in all core investment-grade sectors as well as emerging markets and high-yield securities.
Benchmark
Barclays US Aggregate Bond Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.52 %

1 Year rank in sector

-

Sector

FO Fixed Int - USD Investment Grade

Yield
-
Fund size

£ 645.8 m

FE Risk score

42

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    89.73%
  • UK
    2.14%
  • Switzerland
    1.54%
  • Canada
    1.39%
  • Cash & Cash Equivalents
    1.16%
  • Corporate Bonds
    42.17%
  • Asset/Mortgage-Backed Securities
    37.27%
  • Government Bonds
    16.47%
  • Cash & Cash Equivalents
    1.16%
  • Government Agency Bonds
    1.14%
  • Global Investment Grade Fixed Interest
    35.7%
  • Global Corporate Fixed Interest
    32.1%
  • US Government Fixed Interest
    18.2%
  • Global High Yield Fixed Interest
    5.9%
  • Global Fixed Interest
    5.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.15 %3.32 %1.52 %8.43 %13.21 %
Sector-0.09 %2.29 %1.03 %6.87 %13.15 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund3.8 %3.54 %-0.56 %5.93 %-1.17 %
Sector2.81 %3.82 %-0.74 %5.96 %-1.08 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha0.67
Beta0.93
Sharpe-0
Volatility2.76
Tracking error0.96
Information ratio0.55
R-Squared0.88

Price movement

52 week high13.45
52 week low12.76
Current bid price0
Current offer price0
Current mid price13.37

Holdings by region

  • 89.73% USA
  • 2.14% UK
  • 1.54% Switzerland
  • 1.39% Canada
  • 1.16% Cash & Cash Equivalents
  • 0.71% France
  • 0.69% China
  • 0.6% Netherlands
  • 0.59% Portugal
  • 0.5% Italy

Holdings by sector

  • 42.17% Corporate Bonds
  • 37.27% Asset/Mortgage-Backed Securities
  • 16.47% Government Bonds
  • 1.16% Cash & Cash Equivalents
  • 1.14% Government Agency Bonds
  • 0.86% Debt
  • 0.71% Local Government Bonds
  • 0.22% Others

Holdings by asset type

  • 35.7% Global Investment Grade Fixed Interest
  • 32.1% Global Corporate Fixed Interest
  • 18.2% US Government Fixed Interest
  • 5.9% Global High Yield Fixed Interest
  • 5.5% Global Fixed Interest
  • 1.9% Cash & Cash Equivalents
  • 0.9% Global Emerging Market Fixed Interest
  • 0.7% Global Government Fixed Interest
  • -0.9% Others

Individual holdings

  • 6.7% US Treasury Note 1.625% JUN 30 19
  • 3.86% United States Treasury Note 2.875 MAY 15 43
  • 3.35% US Treasury Note 1.625% NOV 30 20
  • 1.06% Freddie Mac Gold 3% OCT 01 46
  • 0.91% United States Treasury Note 4.5 AUG 15 39
  • 0.81% Reckitt Benckiser Treasury Services PLC 144A 2.75% JUN 26 24
  • 0.76% FHLMC Multifamily Structured Pass Through Certificates 2.355% JUL 25 22
  • 0.76% GS Mortgage Securities Trust 2017-GS6 3.433% MAY 10 50
  • 0.75% GMF Floorplan Owner Revolving Trust 144A FRB JAN 18 22
  • 0.73% Wells Fargo Commercial Mortgage Trust 2016-LC25 3.457% NOV 15 26