MFS Global Opportunistic Bond Fund (MGBJX)

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The chart shows the growth of an initial investment of $10,000 in MFS Global Opportunistic Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

MFS Global Opportunistic Bond Fund (MGBJX) has returned -1.20% so far this year and 3.63% over the past 12 months. Over the last ten years, MGBJX has returned 2.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 1, 2010, MGBJX's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, your investment would double in approximately 34.0 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 2023 with a return of +4.7%, while the worst month was May 2013 at -5.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, MGBJX closed higher 44% of trading days. The best single day was Mar 26, 2020 with a return of +2.3%, while the worst single day was Mar 18, 2020 at -3.8%.

MFS Global Opportunistic Bond Fund has an annualized alpha of 1.60%, beta of 0.03, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 02, 2010.

• This fund participated in 23.31% of S&P 500 Index downside but only 15.43% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.03 may look defensive, but with R² of 0.01 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 0.01 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.

MGBJX has an expense ratio of 0.68%, placing it in the medium range.

MGBJX ranks 61 for risk / return — better than 61% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for MFS Global Opportunistic Bond Fund (MGBJX) and compare them to a chosen benchmark (S&P 500 Index).

MFS Global Opportunistic Bond Fund provided a 4.39% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for MFS Global Opportunistic Bond 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 Global Opportunistic Bond 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 Global Opportunistic Bond Fund was 17.96%, occurring on Oct 21, 2022. Recovery took 726 trading sessions.

The current MFS Global Opportunistic Bond Fund drawdown is 2.89%.

The chart below shows the rolling one-month volatility.