CLASS
|
TICKER SYMBOL
|
Class A
|
MHOAX
|
Class B
|
MHOBX
|
Class C
|
MHOCX
|
Class I
|
MHOIX
|
Class R1
|
MHORX
|
Class R2
|
MHOSX
|
Class R3
|
MHOTX
|
Class R4
|
MHOUX
|
Class R6
|
MHOVX
|
Shareholder Fees (fees paid directly from your investment):
|
||||||||||||||||||||
|
Share Class
|
|
A
|
|
B
|
|
C
|
|
I
|
|
R1
|
|
R2
|
|
R3
|
|
R4
|
|
R6
|
|
|
Maximum Sales Charge (Load)
Imposed on Purchases (as a percentage of offering price) |
|
4.25%
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
|
Maximum Deferred Sales Charge (Load)
(as a percentage of original purchase price or redemption proceeds, whichever is less) |
|
1.00%#
|
|
4.00%
|
|
1.00%
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
|
|||||||||||||||||||||
|
Share Class
|
|
A
|
|
|
B
|
|
C
|
|
I
|
|
R1
|
|
R2
|
|
R3
|
|
R4
|
|
R6
|
|
|
Management Fee
|
|
0.65%
|
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
0.65%
|
|
|
Distribution and/or Service (12b-1) Fees
|
|
0.25%
|
|
|
1.00%
|
|
1.00%
|
|
None
|
|
1.00%
|
|
0.50%
|
|
0.25%
|
|
None
|
|
None
|
|
|
Other Expenses
|
|
0.26%
|
|
|
0.26%
|
|
0.26%
|
|
0.26%
|
|
0.26%
|
|
0.26%
|
|
0.26%
|
|
0.26%
|
|
0.16%
|
|
|
Acquired (Underlying) Fund Fees and Expenses
|
|
0.01%
|
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
0.01%
|
|
|
Total Annual Fund Operating Expenses
|
|
1.17%
|
|
|
1.92%
|
|
1.92%
|
|
0.92%
|
|
1.92%
|
|
1.42%
|
|
1.17%
|
|
0.92%
|
|
0.82%
|
|
|
Fee Reductions and/or Expense Reimbursements1
|
|
(0.11)%
|
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.11)%
|
|
(0.08)%
|
|
|
Total Annual Fund Operating Expenses After Fee Reductions and/or Expense Reimbursements
|
|
1.06%
|
|
|
1.81%
|
|
1.81%
|
|
0.81%
|
|
1.81%
|
|
1.31%
|
|
1.06%
|
|
0.81%
|
|
0.74%
|
|
# |
This contingent deferred sales charge (CDSC) applies to shares purchased without an initial sales charge and redeemed within 18 months of purchase.
|
1 |
Massachusetts Financial Services Company (MFS) has agreed in writing to waive at least 0.01%
of the fund's management fee as part of an agreement pursuant to which MFS has agreed to reduce its management fee by a specified amount if certain MFS mutual fund assets exceed thresholds agreed to by MFS and the fund's Board of Trustees.
The agreement to waive at least 0.01% of the management fee will continue until modified by the fund's Board of Trustees, but such agreement will continue until at least May 31, 2023. MFS has agreed in writing to bear the fund's expenses, excluding interest, taxes, extraordinary expenses, brokerage and transaction costs, and investment-related expenses (such as interest and borrowing
expenses incurred in connection with the fund's investment activity, and fees and expenses associated with investments in investment companies and other similar investment vehicles), such that "Total Annual Fund Operating Expenses" do not exceed 1.05% of the class' average daily net assets
annually for each of Class A and Class R3 shares, 1.80% of the class' average daily net assets annually for each of Class B, Class C, and Class R1 shares, 0.80% of the class' average daily net assets annually for each of Class I and Class
R4 shares, 1.30% of the class' average daily net assets annually for Class R2 shares, and 0.73% of the class' average daily net assets annually for Class R6 shares. This written agreement will continue until modified by the fund's Board of
Trustees, but such agreement will continue until at least May 31, 2023.
|
|
|
|
1 YEAR
|
|
3 YEARS
|
|
5 YEARS
|
|
10 YEARS
|
|
|
Class A Shares
|
|
$528
|
|
$770
|
|
$1,031
|
|
$1,776
|
|
|
Class B Shares assuming1
|
|
|
|
|
|
|
|
|
|
|
redemption at end of period
|
|
$584
|
|
$892
|
|
$1,227
|
|
$2,039
|
|
|
no redemption at end of period
|
|
$184
|
|
$592
|
|
$1,027
|
|
$2,039
|
|
|
Class C Shares assuming1
|
|
|
|
|
|
|
|
|
|
|
redemption at end of period
|
|
$284
|
|
$592
|
|
$1,027
|
|
$2,039
|
|
|
no redemption at end of period
|
|
$184
|
|
$592
|
|
$1,027
|
|
$2,039
|
|
|
Class I Shares
|
|
$83
|
|
$282
|
|
$499
|
|
$1,121
|
|
|
Class R1 Shares
|
|
$184
|
|
$592
|
|
$1,027
|
|
$2,234
|
|
|
Class R2 Shares
|
|
$133
|
|
$439
|
|
$766
|
|
$1,692
|
|
|
Class R3 Shares
|
|
$108
|
|
$361
|
|
$633
|
|
$1,411
|
|
|
Class R4 Shares
|
|
$83
|
|
$282
|
|
$499
|
|
$1,121
|
|
|
Class R6 Shares
|
|
$76
|
|
$254
|
|
$447
|
|
$1,006
|
|
1 |
Shares automatically convert to Class A shares approximately eight years after purchase; therefore, the expense examples reflect Class A share expenses after eight
years.
|
Average Annual Total Returns
|
||||||
(For the Periods Ended December 31, 2021)
|
|
Share Class
|
|
1 YEAR
|
|
5 YEARS
|
|
10 YEARS
|
|
|
Returns Before Taxes
|
|||||||
|
B Shares
|
|
(1.95)%
|
|
3.67%
|
|
4.84%
|
|
|
C Shares
|
|
0.96%
|
|
4.02%
|
|
4.86%
|
|
|
I Shares
|
|
2.96%
|
|
5.06%
|
|
5.72%
|
|
|
R1 Shares
|
|
1.94%
|
|
3.98%
|
|
4.67%
|
|
|
R2 Shares
|
|
2.46%
|
|
4.54%
|
|
5.21%
|
|
|
R3 Shares
|
|
2.72%
|
|
4.90%
|
|
5.52%
|
|
|
R4 Shares
|
|
2.98%
|
|
5.06%
|
|
5.79%
|
|
|
R6 Shares
|
|
3.23%
|
|
5.17%
|
|
5.83%
|
|
|
A Shares
|
|
(1.66)%
|
|
3.89%
|
|
5.02%
|
|
|
Returns After Taxes on Distributions
|
|
|
|
|
|
|
|
|
A Shares
|
|
(3.74)%
|
|
1.95%
|
|
2.73%
|
|
|
Returns After Taxes on Distributions and Sale of Fund Shares
|
|
|
|
|
|
|
|
|
A Shares
|
|
(0.99)%
|
|
2.12%
|
|
2.82%
|
|
|
Index Comparison (Reflects no deduction for fees, expenses, or taxes)
|
|
|
|
|
|
|
|
|
ICE BofA Global High Yield - Constrained Index (USD Hedged)
|
3.04%
|
|
5.89%
|
|
7.06%
|
|
Portfolio Manager
|
Since
|
Title
|
David Cole
|
2006
|
Investment Officer of MFS
|
Michael Skatrud
|
2018
|
Investment Officer of MFS
|
Matt Ryan
|
2005
|
Investment Officer of MFS
|
Class
|
Initial Minimum
|
Subsequent Minimum
|
|
Class A, Class B, Class C
|
None – automatic
investment plans and certain asset-based fee programs
$25 – employer-sponsored
retirement plans
$250 – Traditional and
Roth IRAs
$1,000 – other accounts
|
$50 – by check and
non-systematic written exchange request, and via MFSC telephone representatives
None – other purchases
|
|
Class I, Class R1, Class R2, Class R3, Class R4, Class R6
|
None
|
None
|