MEDDX

About MEDDX

MFS Emerging Markets Debt Fund R1 Shares is an actively managed mutual fund focused on sovereign and quasi-sovereign bonds from emerging economies, aiming for total return with an emphasis on high current income while considering capital appreciation. The strategy is research-intensive, seeking outperformance primarily through country and security selection, with a strong emphasis on managing downside risk. The portfolio maintains broad diversification and uses liquid holdings and U.S. Treasury futures to help manage volatility and interest-rate exposure. Its reference benchmark is the JPMorgan Emerging Markets Bond Index Global Diversified, reflecting exposure to U.S. dollar–denominated emerging market debt. As of mid-2025, the fund’s asset mix is predominantly emerging markets debt, complemented by U.S. Treasuries and modest corporate exposure, alongside cash for flexibility. Class R1 shares have no front-end or deferred sales charges and include a 12b-1 distribution fee, available to eligible investors. The fund provides transparent reporting of returns, yields, and historical performance versus its benchmark, supporting assessment of risk and income characteristics within the emerging markets fixed income segment.