MFS Corporate Bond A (MFBFX - MF report) a Zacks Rank #1 (Strong Buy) invests, under normal market conditions, the majority of its net assets in fixed income securities that include corporate bonds, U.S. government securities and mortgage-backed and asset-backed securities.

The MFS Corporate Bond A fund, managed by MFS, carries an expense ratio of 0.82%, and requires a minimal initial investment of $1,000.

MFBFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 7.85%, 3 year 5.03% and 5 year 4.79%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, click here.

MFBFX’s performance, as of the last filing, when compared to funds in its category was in the top 6% for 1 year, top 10% over the past 3 years, and in the 10% over the past 5 years.