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MFS Limited Maturity Fund
mutual fund
MQLBX
Payout Change
Pending
Price as of:
$5.85
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
MQLBX (Mutual Fund)
MFS Limited Maturity Fund
Payout Change
Pending
Price as of:
$5.85
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
MQLBX (Mutual Fund)
MFS Limited Maturity Fund
Payout Change
Pending
Price as of:
$5.85
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.8%
1 yr return
5.7%
3 Yr Avg Return
1.4%
5 Yr Avg Return
1.4%
Net Assets
$2.78 B
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
$5.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.49%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MQLBX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 1.4%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.84%
- Dividend Yield 3.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameMFS Limited Maturity Fund
-
Fund Family NameMFS Funds
-
Inception DateSep 13, 1995
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlexander Mackey
Fund Description
MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the fund’s assets primarily in debt instruments. Debt instruments include U.S. Government securities, corporate bonds, foreign government securities, securitized instruments (including mortgage-backed securities and other asset-backed securities), and other obligations to repay money borrowed.
The fund’s dollar-weighted average effective maturity will normally not exceed five years.
MFS generally invests substantially all of the fund’s assets in investment grade quality debt instruments.
MFS invests the fund’s assets in U.S. securities and U.S. dollar-denominated foreign securities.
MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry, sector, country, or region.
MFS may invest a significant percentage of the fund’s assets in a single issuer or a small number of issuers.
While MFS may use derivatives for any investment purpose, to the extent MFS uses derivatives, MFS expects to use derivatives primarily to increase or decrease exposure to a particular market, segment of the market, or security, to increase or decrease interest rate exposure, or as alternatives to direct investments. Derivatives include futures, forward contracts, options, and swaps.
MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual instruments and their issuers. Quantitative screening tools that systematically evaluate instruments may also be considered. In structuring the fund, MFS also considers top-down factors.
MQLBX - Performance
Return Ranking - Trailing
| Period | MQLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | 1.1% | 19.9% | 68.33% |
| 1 Yr | 5.7% | 2.6% | 21.5% | 78.89% |
| 3 Yr | 1.4%* | -4.9% | 6.1% | 65.95% |
| 5 Yr | 1.4%* | -3.7% | 5.8% | 77.78% |
| 10 Yr | 1.1%* | -18.6% | 170.6% | 88.54% |
* Annualized
Return Ranking - Calendar
| Period | MQLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.3% | -1.6% | 7.6% | 38.27% |
| 2022 | -6.0% | -17.7% | -2.6% | 24.07% |
| 2021 | -1.6% | -4.0% | 4.4% | 56.14% |
| 2020 | 1.8% | -7.1% | 7.6% | 46.09% |
| 2019 | 2.2% | -2.3% | 9.3% | 34.47% |
Total Return Ranking - Trailing
| Period | MQLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | 1.1% | 19.9% | 68.33% |
| 1 Yr | 5.7% | 2.6% | 21.5% | 78.89% |
| 3 Yr | 1.4%* | -4.9% | 6.1% | 65.95% |
| 5 Yr | 1.4%* | -3.7% | 5.8% | 77.78% |
| 10 Yr | 1.1%* | -18.6% | 170.6% | 88.54% |
* Annualized
Total Return Ranking - Calendar
| Period | MQLBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.4% | 1.8% | 15.2% | 57.31% |
| 2022 | -5.0% | -17.3% | -1.3% | 52.05% |
| 2021 | -0.9% | -2.7% | 7.7% | 84.31% |
| 2020 | 3.5% | -2.4% | 14.5% | 72.63% |
| 2019 | 4.3% | 0.6% | 12.6% | 64.68% |
NAV & Total Return History
MQLBX - Holdings
Concentration Analysis
| MQLBX | Category Low | Category High | MQLBX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.78 B | 14.5 K | 57.3 B | 28.74% |
| Number of Holdings | 371 | 2 | 8314 | 55.75% |
| Net Assets in Top 10 | 936 M | 1.05 M | 6.81 B | 27.78% |
| Weighting of Top 10 | 32.74% | 2.0% | 108.1% | 27.20% |
Top 10 Holdings
- U.S. Treasury Notes 9.66%
- U.S. Treasury Notes 7.72%
- U.S. Treasury Notes 6.56%
- U.S. Treasury Notes 4.05%
- MFS Institutional Money Market Portfolio, Class A 1.34%
- Thermo Fisher Scientific, Inc. 0.87%
- Bank of America Corp. 0.75%
- Microchip Technology, Inc. 0.63%
- Entergy Louisiana LLC 0.62%
- Equitable Financial Life Global Funding 0.54%
Asset Allocation
| Weighting | Return Low | Return High | MQLBX % Rank | |
|---|---|---|---|---|
| Bonds | 93.78% | 0.00% | 131.65% | 26.63% |
| Other | 4.94% | -0.97% | 73.75% | 58.05% |
| Convertible Bonds | 4.53% | 0.00% | 27.71% | 19.58% |
| Cash | 1.34% | -20.59% | 68.64% | 67.82% |
| Stocks | 0.00% | 0.00% | 99.96% | 35.06% |
| Preferred Stocks | 0.00% | 0.00% | 24.12% | 30.84% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MQLBX % Rank | |
|---|---|---|---|---|
| Corporate | 50.74% | 0.00% | 99.82% | 29.94% |
| Government | 21.72% | 0.00% | 73.63% | 41.65% |
| Securitized | 18.86% | 0.00% | 97.27% | 73.13% |
| Municipal | 1.81% | 0.00% | 14.41% | 9.98% |
| Cash & Equivalents | 1.34% | 0.00% | 68.64% | 59.77% |
| Derivative | 0.11% | -0.72% | 25.70% | 17.05% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MQLBX % Rank | |
|---|---|---|---|---|
| US | 93.78% | 0.00% | 126.86% | 22.99% |
| Non US | 0.00% | 0.00% | 87.70% | 30.08% |
MQLBX - Expenses
Operational Fees
| MQLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.49% | 0.01% | 3.29% | 8.46% |
| Management Fee | 0.36% | 0.00% | 1.19% | 62.84% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 85.39% |
| Administrative Fee | N/A | 0.01% | 0.41% | N/A |
Sales Fees
| MQLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 5.75% | N/A |
| Deferred Load | 4.00% | 0.50% | 4.00% | 1.79% |
Trading Fees
| MQLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MQLBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 35.00% | 2.00% | 500.00% | 15.80% |
MQLBX - Distributions
Dividend Yield Analysis
| MQLBX | Category Low | Category High | MQLBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.45% | 0.00% | 11.11% | 81.42% |
Dividend Distribution Analysis
| MQLBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| MQLBX | Category Low | Category High | MQLBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.84% | -1.27% | 4.98% | 69.01% |
Capital Gain Distribution Analysis
| MQLBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.017 | OrdinaryDividend |
| Oct 31, 2024 | $0.017 | OrdinaryDividend |
| Sep 30, 2024 | $0.017 | OrdinaryDividend |
| Aug 30, 2024 | $0.017 | OrdinaryDividend |
| Jul 31, 2024 | $0.017 | OrdinaryDividend |
| Apr 30, 2024 | $0.016 | OrdinaryDividend |
| Mar 28, 2024 | $0.016 | OrdinaryDividend |
| Feb 29, 2024 | $0.016 | OrdinaryDividend |
| Jan 31, 2024 | $0.015 | OrdinaryDividend |
| Dec 29, 2023 | $0.018 | OrdinaryDividend |
| Nov 30, 2023 | $0.015 | OrdinaryDividend |
| Oct 31, 2023 | $0.014 | OrdinaryDividend |
| Sep 29, 2023 | $0.014 | OrdinaryDividend |
| Aug 31, 2023 | $0.014 | OrdinaryDividend |
| Jul 31, 2023 | $0.013 | OrdinaryDividend |
| Jun 30, 2023 | $0.013 | OrdinaryDividend |
| May 31, 2023 | $0.013 | OrdinaryDividend |
| Apr 28, 2023 | $0.013 | OrdinaryDividend |
| Mar 31, 2023 | $0.010 | OrdinaryDividend |
| Feb 28, 2023 | $0.008 | OrdinaryDividend |
| Jan 31, 2023 | $0.008 | OrdinaryDividend |
| Dec 30, 2022 | $0.013 | OrdinaryDividend |
| Nov 30, 2022 | $0.008 | OrdinaryDividend |
| Oct 31, 2022 | $0.008 | OrdinaryDividend |
| Sep 30, 2022 | $0.007 | OrdinaryDividend |
| Aug 31, 2022 | $0.006 | OrdinaryDividend |
| Jul 29, 2022 | $0.005 | OrdinaryDividend |
| Jun 30, 2022 | $0.004 | OrdinaryDividend |
| May 31, 2022 | $0.003 | OrdinaryDividend |
| Apr 29, 2022 | $0.002 | OrdinaryDividend |
| Mar 31, 2022 | $0.002 | OrdinaryDividend |
| Feb 28, 2022 | $0.001 | OrdinaryDividend |
| Jan 31, 2022 | $0.001 | OrdinaryDividend |
| Dec 31, 2021 | $0.001 | OrdinaryDividend |
| Nov 30, 2021 | $0.001 | OrdinaryDividend |
| Oct 29, 2021 | $0.002 | OrdinaryDividend |
| Sep 30, 2021 | $0.003 | OrdinaryDividend |
| Aug 31, 2021 | $0.004 | OrdinaryDividend |
| Jul 30, 2021 | $0.005 | OrdinaryDividend |
| Jun 30, 2021 | $0.004 | OrdinaryDividend |
| May 28, 2021 | $0.004 | OrdinaryDividend |
| Apr 30, 2021 | $0.004 | OrdinaryDividend |
| Mar 31, 2021 | $0.004 | OrdinaryDividend |
| Feb 26, 2021 | $0.004 | OrdinaryDividend |
| Jan 29, 2021 | $0.005 | OrdinaryDividend |
| Dec 31, 2020 | $0.005 | OrdinaryDividend |
| Nov 30, 2020 | $0.006 | OrdinaryDividend |
| Oct 30, 2020 | $0.007 | OrdinaryDividend |
| Sep 30, 2020 | $0.008 | OrdinaryDividend |
| Aug 31, 2020 | $0.008 | OrdinaryDividend |
| Jul 31, 2020 | $0.009 | OrdinaryDividend |
| Jun 30, 2020 | $0.009 | OrdinaryDividend |
| May 29, 2020 | $0.008 | OrdinaryDividend |
| Apr 30, 2020 | $0.008 | OrdinaryDividend |
| Mar 31, 2020 | $0.008 | OrdinaryDividend |
| Feb 28, 2020 | $0.008 | OrdinaryDividend |
| Jan 31, 2020 | $0.008 | OrdinaryDividend |
| Dec 31, 2019 | $0.009 | OrdinaryDividend |
| Nov 29, 2019 | $0.009 | OrdinaryDividend |
| Oct 31, 2019 | $0.009 | OrdinaryDividend |
| Sep 30, 2019 | $0.009 | OrdinaryDividend |
| Aug 30, 2019 | $0.009 | OrdinaryDividend |
| Jul 31, 2019 | $0.009 | OrdinaryDividend |
| Jun 28, 2019 | $0.010 | OrdinaryDividend |
MQLBX - Fund Manager Analysis
Managers
Alexander Mackey
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Alexander M. Mackey, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management(r) (MFS(r)). He has portfolio management responsibilities on the firm's limited duration and multi-sector fixed income strategies. He also has research analyst responsibilities. Alexander joined MFS in 1998 as a financial control assistant and was promoted to section manager in 2000. He joined the Fixed Income Department as a research associate in 2001 was promoted to fixed income research analyst in 2004. He took on portfolio management responsibilities in 2017. Alexander has a bachelor's degree from Trinity College and holds the Chartered Financial Analyst (CFA) designation. He is a member of the CFA Society of Boston.
Philipp Burgener
Start Date
Tenure
Tenure Rank
Feb 01, 2017
5.33
5.3%
Philipp S. Burgener, CFA, is an investment officer and fixed income portfolio manager with MFS Investment Management(r) (MFS(r)). He is a member of the firm's limited duration portfolio management team. He also has research analyst responsibilities. Philipp joined MFS in 2000 as an inside wholesaler and transferred to the Fixed Income Department in 2002 as an analytic support associate in the Quantitative Group. In 2003 he joined the Structured Products Group and was promoted to an Investment Grade Research Analyst in 2005. He took on portfolio management responsibilities in 2017. Philipp earned a Bachelor of Arts degree from Colgate University and his Master of Science degree from Boston University. He is also a member of the CFA Institute and Boston Security Analysts Society, Inc.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.07 | 28.77 | 6.16 | 2.41 |
