MFS Income Fund (MFIOX)

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MFS Income Fund (MFIOX) is up 0.6% since the beginning of the year. MFIOX is currently trading at $6 per share. Investors who bought $1,000 worth of MFIOX shares 5 years ago would now be looking at an investment worth $1,028.

MFS Income Fund (MFIOX) has returned 0.63% so far this year and 5.31% over the past 12 months. Over the last ten years, MFIOX has returned 2.72% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Oct 29, 1987, MFIOX's average daily return is +0.02%, while the average monthly return is +0.52%. At this rate, an investment would double in approximately 11.1 years.

Historically, 68% of months were positive and 32% were negative. The best month was Feb 1991 with a return of +4.8%, while the worst month was Aug 1998 at -9.1%. The longest winning streak lasted 23 consecutive months, and the longest losing streak was 5 months.

On a daily basis, MFIOX closed higher 36% of trading days. The best single day was Jan 31, 1989 with a return of +3.5%, while the worst single day was Aug 31, 1990 at -4.9%.

MFS Income Fund has an annualized alpha of 6.15%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 29, 1987.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (27.71%) than losses (14.12%) - typical of diversified or defensive assets.
• Beta of 0.02 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MFIOX has an expense ratio of 0.73%, placing it in the medium range.

MFIOX ranks 30 for risk / return — below 30% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

MFS Income Fund provided a 4.70% dividend yield over the last twelve months, with an annual payout of $0.28 per share.

The table displays the monthly dividend distributions for MFS Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MFS Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MFS Income Fund was 19.07%, occurring on Oct 24, 2022. Recovery took 745 trading sessions.

The current MFS Income Fund drawdown is 0.97%.

The chart below shows the rolling one-month volatility.