MFS Total Return Bond I (MRBIX - Free Report) a Zacks Rank #2 (Buy) invests, under normal market conditions, the majority of its net assets in fixed income securities. These securities include U.S. investment grade corporate fixed income securities, U.S. government securities, U.S. high yield fixed income securities, foreign fixed income securities and mortgage-backed and asset-backed securities.
The MFS Total Return Bond I fund, managed by MFS, carries an expense ratio of 0.59%.
MRBIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.8%, 3 year 4.04% and 5 year 3.92%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
MRBIX’s performance, as of the last filing, when compared to funds in its category was in the top 31% in 1 year, top 20% over the past 3 years, and in the 33% over the past 5 years.
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