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Quick Guide to MFS Emerging Markets Debt A Fund (MEDAX)

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MFS Emerging Markets Debt A (MEDAX - Free Report) a Zacks Ranked #1 (Strong Buy) seeks total return. MEDAX invests, under normal market conditions, a major portion of its net assets in fixed income securities and other investments that are issued by, or which provide exposure to, government, government-related, supranational and corporate issuers located, or primarily conducting their business, in emerging market countries. MEDAX is a non-diversified mutual fund. MEDAX offers dividends monthly and capital gains annually.

The MFS Emerging Markets Debt A fund, managed by MFS, carries an expense ratio of 1.09.  Moreover, MEDAX requires a minimal initial investment of $1,000.

MEDAX has a history of strong positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 0.86%, and 5 year 4.26%.  To see how this fund performed compared in its category, please click here.  

MEDAX’s performance, as of the last filing, when compared to funds in its category was in the top 24% in 1 year , top 31% over the past 3 years, and in the 13% over the past 5 years.

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