MRBIX

About MRBIX

MFS Total Return Bond Fund I Shares is a mutual fund specializing in the fixed income market, aiming for high total return through a combination of current income and long-term capital growth. The fund primarily invests at least 65% of its assets in a diversified portfolio of bonds and other fixed income securities, focusing on U.S. issuers. It belongs to the intermediate core-plus bond category, providing exposure to a broad range of credit qualities and maturities. Utilizing an active management approach, the fund incorporates U.S. Treasuries, mortgage-backed securities, corporate bonds, and related derivatives to navigate shifting interest rate and credit environments. Notable features include a low expense ratio and monthly income distributions, making it suitable for investors seeking steady cash flow from bond market investments. With a large asset base and a history dating back to 1999, the fund holds a significant position in the core bond arena, serving institutions and individuals alike who are seeking diversified fixed income exposure within their portfolios.