MFS Investment Management has filed paperwork with the Securities and Exchange Commission to launch a pair of mutual funds in September.
First, the firm is looking to launch the MFS High Yield Pooled on Sept. 12. The fund will primarily bet on high-income debt and can invest up to 100% in below-investment-grade bonds, according to a filing to launch. David Cole and William Adams are the portfolio managers of the fund.
The firm has also filed to launch the MFS Equity Income fund on Sept. 30. The fund will bet on dividend-paying common stocks and will be managed by Jonathan Sage.
A spokesman for the firm declined to comment on the new offerings.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access