Global Credit Fund
THIS INFORMATION IS FOR MARKETING PURPOSES ONLY
Please note that this is an actively managed product.
Class I shares are only available to certain qualifying institutional investors.
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Fact Sheet - Documents
Global Credit Fund
INVESTMENT OBJECTIVE
Seeks total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars.
INVESTMENT FOCUS
Focuses on global investment grade, corporate bonds of developed countries that MFS believes 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
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 22-Dec-2009
- Net Assets (US$ M) As of 31-Dec-24 US$145.35
- Fiscal Year End JANUARY
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SFDR Classification
Article 8
Article 6: Integrates sustainability risks into the investment process.
Article 8: Systematically promotes a stated environmental or social characteristic and provides enhanced disclosure accordingly.
Article 9: Typically for "impact" funds, which have a dual objective of financial return and specific environmental or social outcomes.
- Benchmark Bloomberg Global Aggregate Credit Index
Share Class Information
- Class Inception 22-Dec-2009
- Net Asset Value (NAV) As of 06-Feb-25 $143.11
- Most Recent NAV Change As of 06-Feb-25 $0.12 | 0.08%
- ISIN LU0458496519
- SEDOL B54L0M5
- WKN A0YCTY
- Bloomberg MGLBI1U LX
- CUSIP L63667403
- Maximum Sales Charge --
- Benchmark Bloomberg Global Aggregate Credit Index
MANAGERS
Top 10 Holdings
- UST Bond 2Yr Future MAR 31 25
- UST Bond 30Yr Future MAR 20 25
- European Union RegS 1.625% DEC 04 29
- UBS Group AG 144A FRB FEB 11 33
- Ubisoft Entertainment SA RegS 0.878% NOV 24 27
- B&M European Value Retail SA RegS 6.5% NOV 27 31
- Nestle Finance International Ltd RegS 3.125% OCT 28 36
- Euro BOBL Future MAR 06 25*
- Euro Bund 10Yr Future MAR 06 25*
- UST 10Yr Ultra Bond Future MAR 20 25*
Pilar Gomez-Bravo, CFA
Portfolio Manager
Pilar Gomez-Bravo, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, she has joint oversight of MFS' global fixed income team and works collaboratively with MFS' investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve the firm's clients globally. She is also a fixed income portfolio manager with oversight of the firm's Global Aggregate and Global Credit portfolio management teams. She is based in MFS' London office. Pilar joined MFS in 2013 as a portfolio manager from Imperial Capital, where she served as a managing director. She was named director of Fixed Income -- Europe in 2017 before being named co-CIO in 2023. She previously served as a portfolio manager and head of research at Negentropy Capital, within Matrix Asset Management, and cofounded Marengo Asset Management. From 2006 through 2010, she served as a senior portfolio manager and head of credit, Europe, for Neuberger Berman. She began her career in financial services at Lehman Brothers in 1997 and spent nine years with the firm, including serving as head of investment grade credit research for Europe. Pilar earned the equivalent of an LL.B degree in Law and a Bachelor of Science degree in Economics and Business Science from Universidad Pontificia Comillas (ICADE E-3, Spain). She also earned a Master of Business Administration degree from the Massachusetts Institute of Technology's Sloan School of Management. She has held the Chartered Financial Analyst designation since 2000.
Andy Li, CFA
Portfolio Manager
Andy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst designation.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Jay Mitchell, CFA
Portfolio Manager
Jay Mitchell, CFA, is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). In this role, he collaborates with the full MFS global investment organization to develop and implement portfolio strategies that seek to achieve long-term performance objectives. His responsibilities encompass all aspects of portfolio construction, including risk budgeting, asset allocation, security selection and risk management. Jay joined MFS in 2000, first serving in the firm's retirement services division. In 2003, he was named fixed income trading associate and in 2004 was named fixed income research associate. In 2007, he was promoted to research analyst and in 2017 was named director of emerging market corporate research. He added portfolio responsibilities in 2020, and in 2023 was named portfolio manager on the US and global credit strategies. Jay earned a bachelor's degree in finance and a Master of Business Administration degree from Boston College. He holds the Chartered Financial Analyst designation from the CFA Institute and is a member of the CFA Society Boston.
Owen David Murfin, CFA
Institutional Portfolio Manager
Owen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst designation.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Freida Tay
Institutional Portfolio Manager
Freida Tay is an investment officer and fixed income institutional portfolio manager with MFS Investment Management® (MFS®). In her role, she is a member of several portfolio management teams and an active participant in portfolio strategy and positioning discussions. She is responsible for aligning the implementation of the investment process with client expectations and provides transparency on the firm's fixed income investment philosophy, portfolio strategy and performance. She is based in Singapore. Freida joined the firm in 2022 in her current role. She spent seven years at PIMCO Asia Pte Ltd., Singapore, where she was a senior vice president. She also worked for eight years at Fullerton Fund Management, Singapore, where she was a vice president and a fixed income portfolio manager and product specialist. She began her career in the financial services industry in 1995. Freida earned a Bachelor of Arts degree in economics from York University and a Master of Business Administration degree from Nanyang Technological University. She was recognized as a Female Champion by the Financial Women's Association of Singapore and was a member of 100 Women in Finance, a global organization committed to gender equality in finance.
Performance
12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Jan-25 [updated monthly]| 12 month period ending: |
31-Jan-21
or Life
Life performance is only shown when 5 years of performance is not available. |
31-Jan-22 | 31-Jan-23 | 31-Jan-24 | 31-Jan-25 | YTD % * | Class Inception |
|---|---|---|---|---|---|---|---|
| Class I1 Shares, US Dollars at NAV | 10.93 | -4.11 | -11.96 | 6.47 | 4.75 | 1.57 | 22-Dec-2009 |
| Bloomberg Global Aggregate Credit Index | 7.37 | -5.20 | -11.23 | 4.56 | 2.01 | - | - |
| 12 month period ending: | Class I1 Shares, US Dollars at NAV | |
|---|---|---|
|
31-Jan-21
or Life
Life performance is only shown when 5 years of performance is not available. |
10.93 | |
| 31-Jan-22 | -4.11 | |
| 31-Jan-23 | -11.96 | |
| 31-Jan-24 | 6.47 | |
| 31-Jan-25 | 4.75 | |
| YTD % * | 1.57 | |
| Class Inception | 22-Dec-2009 | 22-Dec-2009 |
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Average Annual Total Returns (%)
Average Annual Total Returns (%)
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
It is expected that the Fund’s deviation from the benchmark will be significant.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Annual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: Bloomberg Global Aggregate Credit Index|
Life
Life performance as of 31-Jan-25 |
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 2.34 | -4.35 | 5.69 | 9.35 | -3.91 | 13.06 | 13.73 | -1.80 | -18.45 | 11.90 | 3.50 |
| Bloomberg Global Aggregate Credit Index | - | -3.55 | 3.67 | 8.93 | -3.17 | 10.74 | 10.03 | -3.21 | -16.96 | 9.24 | 0.71 |
| At NAV | Bloomberg Global Aggregate Credit Index | |
|---|---|---|
| 2024 | 3.5 | 0.71 |
| 2023 | 11.9 | 9.24 |
| 2022 | -18.45 | -16.96 |
| 2021 | -1.8 | -3.21 |
| 2020 | 13.73 | 10.03 |
| 2019 | 13.06 | 10.74 |
| 2018 | -3.91 | -3.17 |
| 2017 | 9.35 | 8.93 |
| 2016 | 5.69 | 3.67 |
| 2015 | -4.35 | -3.55 |
|
Life
Life performance as of 31-Jan-25 |
2.34 | - |
Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Pricing History
- NAV at Close of Trading on: 06-Feb-25
- Net Asset Value (NAV): $143.11
- Change ($) (since 05-Feb-25): 0.12
- Change (%) (since 05-Feb-25): 0.08
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Swing Pricing
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
-
Overview
INVESTMENT OBJECTIVE
Seeks total return with an emphasis on current income, but also considering capital appreciation, measured in US dollars.
INVESTMENT FOCUS
Focuses on global investment grade, corporate bonds of developed countries that MFS believes 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
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Please see the prospectus for further information on these and other risk considerations.
Fund Information
- Fund Inception 22-Dec-2009
- Net Assets (US$ M) As of 31-Dec-24 US$145.35
- Fiscal Year End JANUARY
-
SFDR Classification
Article 8
Article 6: Integrates sustainability risks into the investment process.
Article 8: Systematically promotes a stated environmental or social characteristic and provides enhanced disclosure accordingly.
Article 9: Typically for "impact" funds, which have a dual objective of financial return and specific environmental or social outcomes.
- Benchmark Bloomberg Global Aggregate Credit Index
Share Class Information
- Class Inception 22-Dec-2009
- Net Asset Value (NAV) As of 06-Feb-25 $143.11
- Most Recent NAV Change As of 06-Feb-25 $0.12 | 0.08%
- ISIN LU0458496519
- SEDOL B54L0M5
- WKN A0YCTY
- Bloomberg MGLBI1U LX
- CUSIP L63667403
- Maximum Sales Charge --
- Benchmark Bloomberg Global Aggregate Credit Index
MANAGERS
Top 10 Holdings
As of 31-Dec-24- UST Bond 2Yr Future MAR 31 25
- UST Bond 30Yr Future MAR 20 25
- European Union RegS 1.625% DEC 04 29
- UBS Group AG 144A FRB FEB 11 33
- Ubisoft Entertainment SA RegS 0.878% NOV 24 27
- B&M European Value Retail SA RegS 6.5% NOV 27 31
- Nestle Finance International Ltd RegS 3.125% OCT 28 36
- Euro BOBL Future MAR 06 25*
- Euro Bund 10Yr Future MAR 06 25*
- UST 10Yr Ultra Bond Future MAR 20 25*
Pilar Gomez-Bravo, CFA
Portfolio Manager
VIEW FULL PROFILE28YEARS WITH INDUSTRY
10YEARS WITH PORTFOLIOPilar Gomez-Bravo, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, she has joint oversight of MFS' global fixed income team and works collaboratively with MFS' investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve the firm's clients globally. She is also a fixed income portfolio manager with oversight of the firm's Global Aggregate and Global Credit portfolio management teams. She is based in MFS' London office. Pilar joined MFS in 2013 as a portfolio manager from Imperial Capital, where she served as a managing director. She was named director of Fixed Income -- Europe in 2017 before being named co-CIO in 2023. She previously served as a portfolio manager and head of research at Negentropy Capital, within Matrix Asset Management, and cofounded Marengo Asset Management. From 2006 through 2010, she served as a senior portfolio manager and head of credit, Europe, for Neuberger Berman. She began her career in financial services at Lehman Brothers in 1997 and spent nine years with the firm, including serving as head of investment grade credit research for Europe. Pilar earned the equivalent of an LL.B degree in Law and a Bachelor of Science degree in Economics and Business Science from Universidad Pontificia Comillas (ICADE E-3, Spain). She also earned a Master of Business Administration degree from the Massachusetts Institute of Technology's Sloan School of Management. She has held the Chartered Financial Analyst designation since 2000.
Andy Li, CFA
Portfolio Manager
19YEARS WITH INDUSTRY
6YEARS WITH PORTFOLIOAndy Li, CFA, is a fixed income portfolio manager at MFS Investment Management (MFS). In this role, he is responsible for final buy and sell decisions, portfolio construction, risk assessment and cash management. He also participates in the research process and strategy discussions. He is based in London.
Prior to joining MFS in 2018, Andy worked for four years as a portfolio manager at Man GLG. He previously served as a portfolio manager for ECM Asset Management for seven years and a management consultant at Accenture for two years. He began his career in financial services in 2005.
Andy earned a Bachelor of Engineering degree in computer science with honors from Imperial College, London. He holds the Chartered Financial Analyst designation.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Jay Mitchell, CFA
Portfolio Manager
25YEARS WITH INDUSTRY
2YEARS WITH PORTFOLIOJay Mitchell, CFA, is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). In this role, he collaborates with the full MFS global investment organization to develop and implement portfolio strategies that seek to achieve long-term performance objectives. His responsibilities encompass all aspects of portfolio construction, including risk budgeting, asset allocation, security selection and risk management. Jay joined MFS in 2000, first serving in the firm's retirement services division. In 2003, he was named fixed income trading associate and in 2004 was named fixed income research associate. In 2007, he was promoted to research analyst and in 2017 was named director of emerging market corporate research. He added portfolio responsibilities in 2020, and in 2023 was named portfolio manager on the US and global credit strategies. Jay earned a bachelor's degree in finance and a Master of Business Administration degree from Boston College. He holds the Chartered Financial Analyst designation from the CFA Institute and is a member of the CFA Society Boston.
Owen David Murfin, CFA
Institutional Portfolio Manager
28YEARS WITH INDUSTRY
7YEARS WITH PORTFOLIOOwen Murfin, CFA, is an investment officer and institutional fixed income portfolio manager at MFS Investment Management® (MFS®). He is a member of the MFS Global Fixed Income portfolio management team. In this capacity, he participates in portfolio strategy discussions, customizes portfolios to client objectives and guidelines and communicates portfolio investment strategy and positioning. He is based in London.
Prior to joining MFS in 2017, Owen served as managing director and global fixed income portfolio manager at BlackRock for 15 years. Before that, he worked as an associate and global fixed income portfolio manager at Goldman Sachs Asset Management for five years.
Owen earned Bachelor of Science degree with first class honors from University College London. He holds the Chartered Financial Analyst designation.
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration and active risk management.
Freida Tay
Institutional Portfolio Manager
30YEARS WITH INDUSTRY
2YEARS WITH PORTFOLIOFreida Tay is an investment officer and fixed income institutional portfolio manager with MFS Investment Management® (MFS®). In her role, she is a member of several portfolio management teams and an active participant in portfolio strategy and positioning discussions. She is responsible for aligning the implementation of the investment process with client expectations and provides transparency on the firm's fixed income investment philosophy, portfolio strategy and performance. She is based in Singapore. Freida joined the firm in 2022 in her current role. She spent seven years at PIMCO Asia Pte Ltd., Singapore, where she was a senior vice president. She also worked for eight years at Fullerton Fund Management, Singapore, where she was a vice president and a fixed income portfolio manager and product specialist. She began her career in the financial services industry in 1995. Freida earned a Bachelor of Arts degree in economics from York University and a Master of Business Administration degree from Nanyang Technological University. She was recognized as a Female Champion by the Financial Women's Association of Singapore and was a member of 100 Women in Finance, a global organization committed to gender equality in finance.
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Performance
Performance
12 Month Total Returns12 Month Total Returns (%)
12 Month Total Returns (%)
As of 31-Jan-25 [updated monthly]These results represent the percent change in net asset value.*YTD Updated Daily as of 06-Feb-25, subject to revision and not annualized.12 month period ending: 31-Jan-21or LifeLife performance is only shown when 5 years of performance is not available.
31-Jan-22 31-Jan-23 31-Jan-24 31-Jan-25 YTD % * Class Inception Class I1 Shares, US Dollars at NAV 10.93 -4.11 -11.96 6.47 4.75 1.57 22-Dec-2009 Bloomberg Global Aggregate Credit Index 7.37 -5.20 -11.23 4.56 2.01 - - 12 month period ending: Class I1 Shares, US Dollars at NAV 31-Jan-21 or Life Life performance is only shown when 5 years of performance is not available.
10.93 31-Jan-22 -4.11 31-Jan-23 -11.96 31-Jan-24 6.47 31-Jan-25 4.75 YTD % * 1.57 Class Inception 22-Dec-2009 22-Dec-2009 Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Average Annual Total ReturnsAverage Annual Total Returns (%)
Average Annual Total Returns (%)
These results represent the percent change in net asset value.Updated monthly as of 31-Jan-25*YTD Updated Daily as of 06-Feb-25, subject to revision and not annualized.Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
The source for all fund data is MFS. Source for benchmark performance: SPAR, FactSet Research Systems Inc.It is expected that the Fund’s deviation from the benchmark will be significant.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Annual Rate of ReturnAnnual Rate of Return (%)
Annual Rate of Return (%)
As of 31-Dec-24 Benchmark: Bloomberg Global Aggregate Credit Indexannual rate of return table LifeLife performance as of 31-Jan-25
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 2.34 -4.35 5.69 9.35 -3.91 13.06 13.73 -1.80 -18.45 11.90 3.50 Bloomberg Global Aggregate Credit Index - -3.55 3.67 8.93 -3.17 10.74 10.03 -3.21 -16.96 9.24 0.71 At NAV Bloomberg Global Aggregate Credit Index 2024 3.5 0.71 2023 11.9 9.24 2022 -18.45 -16.96 2021 -1.8 -3.21 2020 13.73 10.03 2019 13.06 10.74 2018 -3.91 -3.17 2017 9.35 8.93 2016 5.69 3.67 2015 -4.35 -3.55 LifeLife performance as of 31-Jan-25
2.34 - Performance results reflect ongoing charges and any applicable expense subsidies and waivers in effect during the periods shown. All historic results assume distributions within the fund and/or the share class are reinvested.
Past performance is not a reliable indicator for future results. All financial investments involve an element of risk. The value of investments may rise and fall so you may get back less than originally invested.
Investors should consider the risks, including lower returns, related to currency movements between their investing currency and the portfolio's base currency, if different.
Important Performance Information
Class I1 Roll-Up shares do not pay distributions to shareholders.
The fund's investment policies changed to permit increased derivatives usage on 31 October 2014; performance shown before this date reflects the fund’s policies prior this change.
Pricing & DistributionsPricing History
- NAV at Close of Trading on: 06-Feb-25
- Net Asset Value (NAV): $143.11
- Change ($) (since 05-Feb-25): 0.12
- Change (%) (since 05-Feb-25): 0.08
- Market Price (MP):
Maximum data displayed is for the most recent 10 yearsHistorical NAV LookupEnter date for which you wish to obtain a Historical NAV for this fundHistorical NAV may not be available for all dates.
Historical MP LookupEnter date for which you wish to obtain a Historical MP for this fundHistorical MP may not be available for all dates.
Swing Pricing
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
There are no distributions for this share class or distributions are currently not available