MFS High Income Fund (MHITX)
The investment seeks total return with an emphasis on high current income, but also considering capital appreciation. The fund normally invests at least 80% of the fund's net assets in high income debt instruments. It may invest the fund's assets in other types of debt instruments. Debt instruments include corporate bonds, foreign government securities, floating rate loans, and other obligations to repay money borrowed.
Fund Info
US5529841067
552984106
Feb 17, 1978
$1,000
Expense Ratio
MHITX features an expense ratio of 0.86%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MFS High Income Fund had a return of 0.97% year-to-date (YTD) and 8.27% in the last 12 months. Over the past 10 years, MFS High Income Fund had an annualized return of 3.98%, while the S&P 500 had an annualized return of 11.04%, indicating that MFS High Income Fund did not perform as well as the benchmark.
MHITX
0.97%
0.00%
2.94%
8.27%
3.02%
3.98%
^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of MHITX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.97% | 0.97% | |||||||||||
| 2024 | -0.33% | -0.16% | 1.65% | -0.78% | 1.19% | 0.86% | 1.51% | 1.50% | 1.48% | -0.76% | 1.17% | -0.77% | 6.70% |
| 2023 | 3.90% | -1.57% | 1.81% | 0.50% | -0.84% | 1.20% | 1.19% | 0.17% | -1.17% | -1.19% | 4.36% | 3.53% | 12.28% |
| 2022 | -2.58% | -0.84% | -1.16% | -3.67% | 0.72% | -6.71% | 5.98% | -2.89% | -4.01% | 2.92% | 2.54% | -0.64% | -10.49% |
| 2021 | 0.06% | 0.06% | 0.06% | 0.94% | 0.06% | 1.23% | 0.35% | 0.35% | -0.23% | -0.23% | -1.11% | 1.66% | 3.21% |
| 2020 | -0.20% | -1.08% | -9.05% | 3.03% | 3.59% | 0.09% | 4.42% | 0.69% | -1.09% | 0.39% | 3.09% | 1.23% | 4.49% |
| 2019 | 4.54% | 1.33% | 1.03% | 1.31% | -1.07% | 2.23% | 0.71% | 1.00% | 0.09% | 0.67% | 0.67% | 1.26% | 14.58% |
| 2018 | 0.41% | -1.05% | -0.80% | 0.39% | -0.51% | 0.42% | 1.03% | 0.72% | 0.42% | -1.67% | -0.79% | -1.73% | -3.14% |
| 2017 | 1.03% | 1.58% | -0.46% | 1.28% | 0.70% | 0.11% | 0.98% | -0.17% | 0.98% | 0.40% | -0.46% | 0.12% | 6.26% |
| 2016 | -1.41% | 0.16% | 3.71% | 3.32% | 0.19% | 1.10% | 2.00% | 1.97% | 0.45% | 0.15% | -0.44% | 1.64% | 13.47% |
| 2015 | 0.75% | 2.18% | -0.39% | 1.31% | 0.17% | -1.24% | -0.69% | -1.86% | -2.20% | 2.90% | -2.23% | -2.30% | -3.71% |
| 2014 | 0.50% | 1.90% | 0.22% | 0.50% | 0.74% | 0.74% | -1.17% | 1.58% | -2.00% | 1.29% | -0.67% | -1.24% | 2.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, MHITX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS High Income Fund (MHITX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS High Income Fund provided a 5.59% dividend yield over the last twelve months, with an annual payout of $0.17 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.19 | $0.17 | $0.15 | $0.15 | $0.16 | $0.16 | $0.17 | $0.17 | $0.19 | $0.19 | $0.21 |
Dividend yield | 5.59% | 6.14% | 5.67% | 5.31% | 4.34% | 4.49% | 4.74% | 5.21% | 4.91% | 5.44% | 5.96% | 5.89% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2017 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS High 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 High Income Fund was 36.80%, occurring on Dec 12, 2008. Recovery took 247 trading sessions.
The current MFS High Income Fund drawdown is 0.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.8% | Jun 6, 2007 | 384 | Dec 12, 2008 | 247 | Dec 7, 2009 | 631 |
| -24.91% | Jun 14, 1989 | 414 | Jan 14, 1991 | 127 | Jul 10, 1991 | 541 |
| -19.29% | Feb 24, 2020 | 21 | Mar 23, 2020 | 112 | Aug 31, 2020 | 133 |
| -15.49% | Sep 20, 2021 | 260 | Sep 29, 2022 | 312 | Dec 27, 2023 | 572 |
| -13.81% | Mar 13, 2000 | 645 | Oct 10, 2002 | 138 | Apr 30, 2003 | 783 |
Volatility
Volatility Chart
The current MFS High Income Fund volatility is 0.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.