MFS® Absolute Return Fund

U.S. News evaluated 75 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all MFS funds

See full Nontraditional Bond rankings

See more fund rankings

Performance

The fund has returned -0.44 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date -0.4%
1 Year -0.4%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more MRNAX performance

Summary

The investment seeks total return. The fund seeks to achieve the fund's objective by generating returns from a combination of (1) individual security selection of primarily debt instruments and (2) a tactical asset allocation overlay primarily using derivative instruments to manage the fund's exposure to asset classes, markets and currencies. Derivatives include futures, forward contracts, options, structured securities, inverse floating rate instruments, and swaps.

Fees

Fees are Above Average compared to funds in the same category.
MFS® Absolute Return Fund has an expense ratio of 1.15 percent.

See more MRNAX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more MRNAX risk