Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.95% -8.79% 33.69M 40261.07
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
5.73% 44.00% -- Upgrade

Basic Info

Investment Strategy
The fund’s investment objective is to seek high current income, but may also consider capital appreciation. The fund’s objective may be changed without shareholder approval.MFS normally invests at least 80% of the fund’s net assets, including borrowings for investment purposes, in high income debt instruments.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name MFS
Prospectus Benchmark Index
Bloomberg US Corp. high yield 2% IC 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Cole 16.85 yrs
Michael Skatrud 6.09 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 24, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
25.72%
-19.90%
42.97%
0.46%
17.82%
-32.26%
11.82%
-0.08%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.13%
10.68%
-7.98%
23.57%
4.53%
14.54%
-20.77%
13.11%
3.33%
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-10.27%
11.69%
0.38%
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12.93%
0.62%
As of April 24, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -41.75% Upgrade Upgrade
Stock -0.04% Upgrade Upgrade
Bond 141.3% Upgrade Upgrade
Convertible 0.21% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.30% Upgrade Upgrade

Basic Info

Investment Strategy
The fund’s investment objective is to seek high current income, but may also consider capital appreciation. The fund’s objective may be changed without shareholder approval.MFS normally invests at least 80% of the fund’s net assets, including borrowings for investment purposes, in high income debt instruments.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name MFS
Prospectus Benchmark Index
Bloomberg US Corp. high yield 2% IC 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Cole 16.85 yrs
Michael Skatrud 6.09 yrs

Top Portfolio Holders

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