MFS Income Fund - Class A (MFIOX)
MFS Income Fund - Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $5.82, up 0.00% on the session, giving a market capitalisation of $288.1M. Its beta of 0.95 implies it has historically moved less than the broad market.
This investment product seeks to deliver an attractive overall return, placing a significant emphasis on generating robust current income while simultaneously pursuing capital growth. MFS typically allocates the fund's assets predominantly across a wide variety of debt instruments. These obligations are issued by both domestic and international corporations, governmental agencies, and other types of entities. The strategy permits holdings of below-investment-grade quality debt and fixed-income securities originating from developing market countries. Specifically, MFS concentrates its investments on corporate bonds, mortgage-backed securities, other structured financial instruments, U.S. government debt, and bonds from emerging market issuers.
MFS Income Fund - Class A is most often compared with the following Financial Services names: