MGBRX Fees and Costs — MFS Global Total Return Fund, Class R2
Data updated: 2026-09-28
The net expense ratio is 1.34%: a 0.78% management fee, a 0.50% 12b-1 fee plus 0.17% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $167K in broker commissions, 0.0134% of average net assets, and portfolio turnover was 62%.
MGBRX Fees and Expenses
Annual operating expenses and sales charges of MGBRX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.45% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.34% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MGBRX Costs Over Time
On $10,000 invested in MGBRX, assuming 5% a year before costs, total costs come to $841 over 5 years, cutting the return by 1.42% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.34%) | $141 | $437 | $756 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $142 | $464 | $841 |
| Value after costs | $10,358 | $11,113 | $11,922 |
| Impact on return, per year | 1.42% | 1.42% | 1.42% |
MGBRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0134%
- Total broker commissions: $167K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $3.7M
- Net income from securities lending: $26K (0.002% of average net assets)
MGBRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $42K | 29.33% |
| J.P. Morgan Securities LLC | $23K | 16.04% |
| Jefferies LLC | $21K | 14.27% |
| UBS Securities LLC | $16K | 11.08% |
| Goldman Sachs & Co. LLC | $15K | 10.35% |
| Morgan Stanley & Co. LLC | $12K | 8.01% |
| Citigroup Global Markets Inc. | $5K | 3.75% |
| Liquidnet, Inc. | $5K | 3.65% |
| BNP Paribas Securities Corp. | $3K | 1.80% |
| RBC Capital Markets, LLC | $2K | 1.72% |
MGBRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $90.1M | 13.87% |
| Citigroup Global Markets Inc. | $80.5M | 12.38% |
| Goldman Sachs & Co. LLC | $80.1M | 12.33% |
| J.P. Morgan Securities LLC | $79.4M | 12.22% |
| Mizuho Securities USA LLC | $67.4M | 10.37% |
| Morgan Stanley & Co. LLC | $62.6M | 9.64% |
| HSBC Securities (USA) Inc. | $57.3M | 8.82% |
| Deutsche Bank Securities Inc. | $55.6M | 8.55% |
| BNP Paribas Securities Corp. | $39.8M | 6.13% |
| Societe Generale | $37.1M | 5.70% |
MFS Global Total Return Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MFWLX | Class R6 | 0.77% | none |
| MFWIX | Class I | 0.84% | none |
| MFWJX | Class R4 | 0.84% | none |
| MFWHX | Class R3 | 1.09% | none |
| MFWTX | Class A | 1.09% | 5.75% |
| MGBRX | Class R2 | 1.34% | none |
| MFWBX | Class B | 1.84% | none |
| MFWCX | Class C | 1.84% | none |
| MFWGX | Class R1 | 1.84% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.