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MGBAX MFS Global Bond A

5 lower fee alternatives found

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Fund MGBAX MFS Global Bond A IHY VanEck Vectors Intl Hi Yld Bd ETF PRSNX T. Rowe Price Global Multi-Sector Bd  
100% 85% 85%
Annual Fees
(1.05% Exp. Ratio)
(0.40% Exp. Ratio)
(0.77% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.83% annual return
$12,551.11 $15,275.26 $13,661.49
Est. savings over 30 yrs +$2,724.14 +$1,110.38
As of 9/30/16
1 YR RETURN 9.48%
3 YR 0.93%
5 YR 0.16%
10 YR --
1 YR RETURN 12.18%
3 YR 2.94%
5 YR --
10 YR --
1 YR RETURN 9.61%
3 YR 4.57%
5 YR 5.32%
10 YR --
The investment seeks total return with an emphasis on current income, but also considering capital appreciation. The fund normally invests at least 80% of the fund's net assets in debt instruments of U.S. and foreign issuers, including emerging markets issuers. Debt instruments include U.S. government securities, corporate bonds, foreign government securities, and other obligations to repay money borrowed. It is non-diversified.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The BofA Merrill Lynch Global Ex-US Issuers High Yield Constrained Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of below investment grade bonds issued by corporations located throughout the world (which may include emerging market countries) excluding the United States denominated in Euros, U.S. dollars, Canadian dollars or pound sterling and issued in the major domestic or eurobond markets.
The investment seeks high income and some capital appreciation. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds. It may invest in a variety of holdings in an effort to enhance income and achieve some capital growth. Up to 50% of the fund's net assets can be invested in non-U.S. dollar-denominated foreign debt securities. Up to 65% of the fund's net assets can be invested in securities and other holdings that are rated noninvestment-grade (below BBB, or an equivalent rating).

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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