MFS Total Return Bond Fund (MRBIX)
The fund normally invests at least 80% of its net assets in debt instruments. Debt instruments include corporate bonds, U.S. government securities, foreign government securities, securitized instruments, municipal instruments and other obligations to repay money borrowed. It primarily invests the fund's assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.
Fund Info
| ISIN | US55272P7785 |
|---|---|
| CUSIP | 55272P778 |
| Issuer | MFS |
| Inception Date | Jan 4, 1999 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
MRBIX features an expense ratio of 0.45%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MRBIX vs. FSRIX, MRBIX vs. MIGFX, MRBIX vs. WOBDX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Total Return 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.
Returns By Period
MFS Total Return Bond Fund had a return of 2.49% year-to-date (YTD) and 8.72% in the last 12 months. Over the past 10 years, MFS Total Return Bond Fund had an annualized return of 1.71%, while the S&P 500 had an annualized return of 11.31%, indicating that MFS Total Return Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.49% | 24.72% |
| 1 month | -1.62% | 2.30% |
| 6 months | 3.11% | 12.31% |
| 1 year | 8.72% | 32.12% |
| 5 years (annualized) | 0.20% | 13.81% |
| 10 years (annualized) | 1.71% | 11.31% |
Monthly Returns
The table below presents the monthly returns of MRBIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.04% | -1.23% | 0.98% | -2.42% | 1.66% | 1.11% | 2.29% | 1.51% | 1.38% | -2.21% | 2.49% | ||
| 2023 | 3.88% | -2.48% | 2.15% | 0.65% | -1.03% | 0.03% | 0.25% | -0.60% | -2.54% | -1.62% | 4.79% | 3.87% | 7.24% |
| 2022 | -2.26% | -1.31% | -2.44% | -3.94% | 0.21% | -2.28% | 2.59% | -2.78% | -4.30% | -1.25% | 3.71% | -0.52% | -13.91% |
| 2021 | -0.58% | -1.47% | -1.06% | 0.89% | 0.27% | 0.98% | 1.06% | -0.17% | -0.71% | -0.02% | -0.02% | -1.26% | -2.11% |
| 2020 | 2.06% | 1.39% | -4.63% | 3.11% | 1.68% | 1.48% | 2.35% | -0.54% | -0.21% | -0.13% | 1.78% | 0.03% | 8.43% |
| 2019 | 1.52% | 0.26% | 1.91% | 0.28% | 1.41% | 1.68% | 0.36% | 2.46% | -0.57% | 0.34% | -0.04% | -0.04% | 9.96% |
| 2018 | -0.91% | -1.01% | 0.32% | -0.63% | 0.42% | -0.24% | 0.24% | 0.53% | -0.43% | -1.11% | 0.36% | 1.44% | -1.04% |
| 2017 | 0.33% | 0.71% | -0.14% | 0.89% | 0.78% | 0.12% | 0.50% | 0.77% | -0.43% | 0.21% | -0.16% | 0.50% | 4.14% |
| 2016 | 1.01% | 0.63% | 1.39% | 0.73% | -0.02% | 1.65% | 0.98% | 0.06% | -0.04% | -0.69% | -2.17% | 0.24% | 3.78% |
| 2015 | 1.79% | -0.41% | 0.31% | -0.31% | -0.21% | -1.22% | 0.44% | -0.39% | 0.28% | 0.28% | -0.30% | -0.70% | -0.46% |
| 2014 | 1.31% | 0.83% | -0.00% | 0.93% | 1.18% | 0.17% | -0.29% | 1.16% | -0.93% | 0.87% | 0.50% | -0.04% | 5.83% |
| 2013 | -0.45% | 0.43% | 0.06% | 1.15% | -1.55% | -1.95% | 0.44% | -0.59% | 0.82% | 1.29% | -0.28% | -0.24% | -0.90% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MRBIX is 23, indicating that it is in the bottom 23% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Total Return Bond Fund (MRBIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Total Return Bond Fund provided a 4.26% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.39 | $0.29 | $0.24 | $0.31 | $0.34 | $0.30 | $0.28 | $0.32 | $0.36 | $0.39 | $0.34 |
Dividend yield | 4.26% | 4.12% | 3.12% | 2.13% | 2.64% | 3.05% | 2.86% | 2.64% | 3.00% | 3.45% | 3.53% | 3.18% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Total Return Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.33 | |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.05 | $0.29 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.31 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
| 2015 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.36 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 | $0.39 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
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 Total Return 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 Total Return Bond Fund was 19.71%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current MFS Total Return Bond Fund drawdown is 7.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.71% | Sep 15, 2021 | 280 | Oct 24, 2022 | — | — | — |
| -11.39% | Mar 9, 2020 | 10 | Mar 20, 2020 | 71 | Jul 1, 2020 | 81 |
| -10.58% | Jan 24, 2008 | 212 | Nov 24, 2008 | 127 | May 29, 2009 | 339 |
| -5.38% | Jun 16, 2003 | 41 | Aug 13, 2003 | 103 | Jan 9, 2004 | 144 |
| -4.96% | Nov 8, 2001 | 94 | Mar 25, 2002 | 123 | Sep 19, 2002 | 217 |
Volatility
Volatility Chart
The current MFS Total Return Bond Fund volatility is 1.66%, 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.