Issuer | Shares/Par | Value ($) | ||
Bonds – 85.2% | ||||
Brazil – 11.7% | ||||
Federative Republic of Brazil, 0.01%, 1/01/2026 | BRL | 123,464,000 | $20,846,636 | |
Federative Republic of Brazil, 10%, 1/01/2027 | 200,031,000 | 40,488,289 | ||
$61,334,925 | ||||
Chile – 4.4% | ||||
AES Gener S.A., 6.35% to 4/07/2025, FLR (CMT - 5yr. + 4.917%) to 4/07/2030, FLR (CMT - 5yr. + 5.167%) to 4/07/2045, FLR (CMT - 5yr. + 5.917%) to 10/07/2079 (n) | $ | 936,000 | $884,913 | |
Codelco, Inc. (Republic of Chile), 6.44%, 1/26/2036 (n) | 622,000 | 635,037 | ||
Republic of Chile, 2.5%, 3/01/2025 | CLP | 5,750,000,000 | 5,985,340 | |
Republic of Chile, 5%, 10/01/2028 (n) | 8,795,000,000 | 9,502,015 | ||
Republic of Chile, 4.7%, 9/01/2030 | 3,670,000,000 | 3,820,039 | ||
Republic of Chile, Inflation Linked Bond, 3.4%, 10/01/2039 | 2,075,081,150 | 2,510,227 | ||
$23,337,571 | ||||
China – 4.5% | ||||
China Development Bank, 3.45%, 9/20/2029 | CNY | 39,970,000 | $5,838,550 | |
People's Republic of China, 2.75%, 2/17/2032 | 24,780,000 | 3,512,215 | ||
People's Republic of China, 2.88%, 2/25/2033 | 100,560,000 | 14,457,399 | ||
$23,808,164 | ||||
Colombia – 8.3% | ||||
Empresas Publicas de Medellin E.S.P., 8.375%, 11/08/2027 (n) | COP | 4,009,000,000 | $892,687 | |
Republic of Colombia, 7.5%, 8/26/2026 | 21,450,800,000 | 5,338,839 | ||
Republic of Colombia, 5.75%, 11/03/2027 | 91,004,300,000 | 21,106,839 | ||
Republic of Colombia, 7.25%, 10/18/2034 | 33,511,800,000 | 7,292,692 | ||
Republic of Colombia, “B”, 7.75%, 9/18/2030 | 37,543,600,000 | 9,028,767 | ||
$43,659,824 | ||||
Czech Republic – 5.1% | ||||
Czech Republic, 2.5%, 8/25/2028 | CZK | 311,370,000 | $12,907,546 | |
Czech Republic, 2.75%, 7/23/2029 | 48,800,000 | 2,028,904 | ||
Czech Republic, 2%, 10/13/2033 | 265,630,000 | 9,873,879 | ||
EPH Financing International A.S., 6.651%, 11/13/2028 | EUR | 1,161,000 | 1,282,065 | |
PPF Telecom Group B.V., 3.25%, 9/29/2027 | 900,000 | 943,078 | ||
$27,035,472 | ||||
Dominican Republic – 0.6% | ||||
Dominican Republic, 13.625%, 2/03/2033 (n) | DOP | 159,700,000 | $3,292,603 | |
Guatemala – 0.1% | ||||
Central America Bottling Co., 5.25%, 4/27/2029 (n) | $ | 546,000 | $510,035 | |
Hungary – 4.7% | ||||
Republic of Hungary, 4.5%, 3/23/2028 | HUF | 4,289,600,000 | $11,502,424 | |
Republic of Hungary, 2.25%, 4/20/2033 | 3,199,470,000 | 6,705,814 | ||
Republic of Hungary, 2.25%, 6/22/2034 | 3,212,630,000 | 6,535,737 | ||
$24,743,975 | ||||
India – 0.8% | ||||
Republic of India, 7.18%, 8/14/2033 | INR | 209,610,000 | $2,521,223 | |
Shriram Transport Finance Co. Ltd., 4.4%, 3/13/2024 (n) | $ | 1,720,000 | 1,712,948 | |
$4,234,171 |
Issuer | Shares/Par | Value ($) | ||
Bonds – continued | ||||
Indonesia – 8.1% | ||||
Republic of Indonesia, 6.375%, 8/15/2028 | IDR | 236,665,000,000 | $14,970,336 | |
Republic of Indonesia, 9%, 3/15/2029 | 36,969,000,000 | 2,592,515 | ||
Republic of Indonesia, 7%, 9/15/2030 | 123,476,000,000 | 7,999,101 | ||
Republic of Indonesia, 6.375%, 4/15/2032 | 58,369,000,000 | 3,643,180 | ||
Republic of Indonesia, 7.5%, 8/15/2032 | 103,331,000,000 | 6,905,235 | ||
Republic of Indonesia, 8.375%, 4/15/2039 | 80,644,000,000 | 5,839,689 | ||
Republic of Indonesia, 7.125%, 6/15/2043 | 6,000,000,000 | 390,061 | ||
$42,340,117 | ||||
Jamaica – 0.2% | ||||
Government of Jamaica, 9.625%, 11/03/2030 | JMD | 190,000,000 | $1,282,326 | |
Malaysia – 4.1% | ||||
Government of Malaysia, 3.733%, 6/15/2028 | MYR | 9,985,000 | $2,121,333 | |
Government of Malaysia, 4.232%, 6/30/2031 | 28,665,000 | 6,245,154 | ||
Government of Malaysia, 3.582%, 7/15/2032 | 25,387,000 | 5,260,171 | ||
Government of Malaysia, 3.757%, 5/22/2040 | 16,760,000 | 3,403,946 | ||
Government of Malaysia, 4.065%, 6/15/2050 | 20,945,000 | 4,335,676 | ||
$21,366,280 | ||||
Mexico – 10.8% | ||||
Buffalo Energy Mexico Holdings S.A. de C.V., 7.875%, 2/15/2039 (n) | $ | 1,031,000 | $1,065,951 | |
Electricidad Firme de Mexico, 4.9%, 11/20/2026 (n) | 1,096,000 | 1,010,958 | ||
Grupo Axo S.A.P.I. de C.V., 5.75%, 6/08/2026 (n) | 764,000 | 713,873 | ||
Petroleos Mexicanos, 7.47%, 11/12/2026 | MXN | 10,559,900 | 536,113 | |
Red de Carreteras de Occidente SAPIB de C.V., 9%, 6/10/2028 (z) | 9,279,900 | 503,980 | ||
United Mexican States, 10%, 12/05/2024 | 23,970,000 | 1,384,136 | ||
United Mexican States, 5.75%, 3/05/2026 | 79,400,000 | 4,253,366 | ||
United Mexican States, 8.5%, 5/31/2029 | 279,900,000 | 15,846,066 | ||
United Mexican States, 7.75%, 5/29/2031 | 246,200,000 | 13,222,262 | ||
United Mexican States, 7.5%, 5/26/2033 | 86,400,000 | 4,482,225 | ||
United Mexican States, 7.75%, 11/23/2034 | 265,300,000 | 13,836,478 | ||
$56,855,408 | ||||
Peru – 2.5% | ||||
Banco de Credito del Peru, 4.65%, 9/17/2024 (n) | PEN | 10,403,000 | $2,685,906 | |
Hunt Oil Co. of Peru LLC, 8.55%, 9/18/2033 (n) | $ | 766,000 | 815,803 | |
Peru LNG, 5.375%, 3/22/2030 | 1,360,000 | 1,119,575 | ||
Republic of Peru, 6.95%, 8/12/2031 | PEN | 27,605,000 | 7,572,889 | |
San Miguel Industrias PET S.A., 3.5%, 8/02/2028 (n) | $ | 945,000 | 817,425 | |
$13,011,598 | ||||
Philippines – 0.5% | ||||
Republic of Philippines, 6.875%, 1/10/2029 | PHP | 140,000,000 | $2,562,297 | |
Poland – 2.5% | ||||
Can-Pack S.A./Eastern PA Land Investment Holding LLC, 3.875%, 11/15/2029 (n) | $ | 1,113,000 | $980,898 | |
Republic of Poland, 2.75%, 4/25/2028 | PLN | 13,830,000 | 3,173,845 | |
Republic of Poland, 1.25%, 10/25/2030 | 21,424,000 | 4,226,234 | ||
Republic of Poland, 1.75%, 4/25/2032 | 21,249,000 | 4,126,100 | ||
Synthos S.A., 2.5%, 6/07/2028 (n) | EUR | 573,000 | 534,616 | |
$13,041,693 | ||||
Romania – 4.0% | ||||
Republic of Romania, 4.75%, 2/24/2025 | RON | 50,935,000 | $10,930,040 | |
Republic of Romania, 8.75%, 10/30/2028 | 14,700,000 | 3,515,713 | ||
Republic of Romania, 4.25%, 4/28/2036 | 35,715,000 | 6,379,741 | ||
$20,825,494 |
Issuer | Shares/Par | Value ($) | ||
Bonds – continued | ||||
Slovenia – 0.1% | ||||
United Group B.V., 6.75%, 2/15/2031 (n) | EUR | 311,000 | $334,609 | |
South Africa – 6.0% | ||||
Eskom Holdings SOC Ltd. (Republic of South Africa), 7.85%, 4/02/2026 | ZAR | 36,000,000 | $1,859,525 | |
Republic of South Africa, 8%, 1/31/2030 | 65,563,000 | 3,225,710 | ||
Republic of South Africa, 7%, 2/28/2031 | 99,671,000 | 4,467,028 | ||
Republic of South Africa, 8.875%, 2/28/2035 | 156,479,000 | 7,039,779 | ||
Republic of South Africa, 9%, 1/31/2040 | 336,069,000 | 13,963,310 | ||
Transnet SOC Ltd. (Republic of South Africa), 13.5%, 4/18/2028 | 14,800,000 | 830,757 | ||
$31,386,109 | ||||
Sri Lanka – 0.3% | ||||
Republic of Sri Lanka, 6.75%, 4/18/2028 (a)(d) | $ | 2,408,000 | $1,229,073 | |
Republic of Sri Lanka, 7.85%, 3/14/2029 (a)(d)(n) | 972,000 | 490,969 | ||
$1,720,042 | ||||
Thailand – 4.1% | ||||
Kingdom of Thailand, 3.775%, 6/25/2032 | THB | 459,633,000 | $14,070,637 | |
Kingdom of Thailand, 1.6%, 6/17/2035 | 141,450,000 | 3,546,304 | ||
Kingdom of Thailand, 3.3%, 6/17/2038 | 84,884,000 | 2,499,860 | ||
Kingdom of Thailand, 2%, 6/17/2042 | 63,517,000 | 1,536,360 | ||
$21,653,161 | ||||
Uruguay – 1.8% | ||||
Oriental Republic of Uruguay, 8.5%, 3/15/2028 | UYU | 249,281,000 | $6,191,476 | |
Oriental Republic of Uruguay, 8.25%, 5/21/2031 | 67,477,000 | 1,623,273 | ||
Oriental Republic of Uruguay, 9.75%, 7/20/2033 | 64,341,000 | 1,693,918 | ||
$9,508,667 | ||||
Total Bonds | $447,844,541 |
Underlying/Expiration Date/Exercise Price | Put/Call | Counterparty | Notional Amount | Par Amount/ Number of Contracts | |
Purchased Options – 0.0% | |||||
Equity ETFs – 0.0% | |||||
iShares MSCI Emerging Markets ETF – June 2024 @ $37 | Put | Goldman Sachs International | $5,758,500 | 1,500 | $136,500 |
iShares MSCI Emerging Markets ETF – September 2024 @ $34 | Put | Goldman Sachs International | 3,570,270 | 930 | 69,750 |
$206,250 |
Issuer | Shares/Par | |||
Investment Companies (h) – 10.8% | ||||
Money Market Funds – 10.8% | ||||
MFS Institutional Money Market Portfolio, 5.4% (v) | 56,637,088 | $56,642,752 | ||
Other Assets, Less Liabilities – 4.0% | 21,262,479 | |||
Net Assets – 100.0% | $525,956,022 |
(a) | Non-income producing security. |
(d) | In default. |
(h) | An affiliated issuer, which may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $56,642,752 and $448,050,791, respectively. |
(n) | Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate value of these securities was $26,881,246, representing 5.1% of net assets. |
(v) | Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end. |
(z) | Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. The fund holds the following restricted securities: |
Restricted Securities | Acquisition Date | Cost | Value |
Red de Carreteras de Occidente SAPIB de C.V., 9%, 6/10/2028 | 12/10/2014 | $628,591 | $503,980 |
% of Net assets | 0.1% |
The following abbreviations are used in this report and are defined: | |
BUBOR | Budapest Interbank Offered Rate |
BZDIOVRA | Brazil Interbank Deposit Rate |
CLOIS | Sinacofi Chile Interbank Rate Average |
CMT | Constant Maturity Treasury |
ETF | Exchange-Traded Fund |
FLR | Floating Rate. Interest rate resets periodically based on the parenthetically disclosed reference rate plus a spread (if any). The period-end rate reported may not be the current rate. All reference rates are USD unless otherwise noted. |
KLIBOR | Kuala Lumpur Interbank Offered Rate |
PRIBOR | Prague Interbank Offered Rate |
SOFR | Secured Overnight Financing Rate |
THBFIX | Thai Baht Floating Rate Fixed |
TIIE | Interbank Equilibrium Interest Rate |
USA-CPI-U | Consumer Price Index - Urban Consumers |
WIBOR | Warsaw Interbank Offered Rate |
Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise indicated. A list of abbreviations is shown below: | |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
CLP | Chilean Peso |
CNH | Chinese Yuan Renminbi (Offshore) |
CNY | China Yuan Renminbi |
COP | Colombian Peso |
CZK | Czech Koruna |
EUR | Euro |
HUF | Hungarian Forint |
IDR | Indonesian Rupiah |
INR | Indian Rupee |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
PEN | Peruvian Nuevo Sol |
PHP | Philippine Peso |
PLN | Polish Zloty |
RON | Romanian New Leu |
SGD | Singapore Dollar |
THB | Thai Baht |
TRY | Turkish Lira |
UYU | Uruguayan Peso |
ZAR | South African Rand |
Derivative Contracts at 1/31/24 | ||||||
Forward Foreign Currency Exchange Contracts | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||
Asset Derivatives | ||||||
COP | 2,014,717,090 | USD | 500,940 | Barclays Bank PLC | 4/17/2024 | $9,242 |
COP | 2,769,338,760 | USD | 692,593 | JPMorgan Chase Bank N.A. | 4/17/2024 | 8,681 |
Forward Foreign Currency Exchange Contracts − continued | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||
Asset Derivatives − continued | ||||||
MXN | 9,639,377 | USD | 552,550 | Morgan Stanley Capital Services, Inc. | 4/19/2024 | $409 |
MXN | 13,412,626 | USD | 768,586 | State Street Bank Corp. | 4/19/2024 | 825 |
TRY | 255,984,321 | USD | 7,691,166 | BNP Paribas S.A. | 4/19/2024 | 114,918 |
ZAR | 9,763,233 | USD | 512,104 | Brown Brothers Harriman | 4/19/2024 | 5,979 |
ZAR | 46,940,947 | USD | 2,490,646 | State Street Bank Corp. | 4/19/2024 | 264 |
USD | 10,607,857 | AUD | 15,772,622 | HSBC Bank | 4/19/2024 | 234,661 |
USD | 646,618 | BRL | 3,178,000 | Banco Santander S.A. | 2/02/2024 | 5,168 |
USD | 5,927,648 | BRL | 29,317,701 | Barclays Bank PLC | 2/02/2024 | 10,138 |
USD | 3,547,047 | BRL | 17,629,357 | Barclays Bank PLC | 5/03/2024 | 22,161 |
USD | 4,146,687 | BRL | 20,450,630 | Citibank N.A. | 2/02/2024 | 18,916 |
USD | 1,880,542 | BRL | 9,278,969 | Goldman Sachs International | 2/22/2024 | 10,946 |
USD | 1,710,672 | BRL | 8,508,556 | Goldman Sachs International | 5/03/2024 | 9,436 |
USD | 252,790 | CAD | 337,423 | HSBC Bank | 4/19/2024 | 1,561 |
USD | 11,109,547 | CLP | 10,292,655,674 | Barclays Bank PLC | 4/12/2024 | 92,247 |
USD | 759,653 | CLP | 704,046,137 | Citibank N.A. | 4/12/2024 | 6,039 |
USD | 486,629 | CLP | 444,861,985 | Morgan Stanley Capital Services, Inc. | 4/12/2024 | 10,447 |
USD | 1,153,401 | CNH | 8,233,081 | HSBC Bank | 4/19/2024 | 2,449 |
USD | 257,760 | EUR | 235,793 | HSBC Bank | 4/19/2024 | 2,102 |
USD | 1,310,779 | EUR | 1,191,248 | State Street Bank Corp. | 4/19/2024 | 19,168 |
USD | 3,862,295 | HUF | 1,344,945,314 | BNP Paribas S.A. | 4/19/2024 | 101,035 |
USD | 1,314,347 | JPY | 190,504,772 | Morgan Stanley Capital Services, Inc. | 4/19/2024 | 4,261 |
USD | 8,041,850 | KRW | 10,381,189,431 | Barclays Bank PLC | 2/16/2024 | 257,607 |
USD | 564,224 | PEN | 2,130,176 | Goldman Sachs International | 2/29/2024 | 4,706 |
USD | 2,364,615 | PHP | 131,900,608 | Barclays Bank PLC | 2/07/2024 | 21,861 |
USD | 2,633,147 | PLN | 10,424,418 | Merrill Lynch International | 4/19/2024 | 32,354 |
USD | 1,230,961 | RON | 5,583,621 | UBS AG | 4/19/2024 | 19,299 |
USD | 1,114,435 | THB | 38,897,000 | JPMorgan Chase Bank N.A. | 4/03/2024 | 18,415 |
$1,045,295 | ||||||
Liability Derivatives | ||||||
BRL | 3,178,000 | USD | 641,566 | Banco Santander S.A. | 2/02/2024 | $(117) |
BRL | 29,317,701 | USD | 5,949,824 | Barclays Bank PLC | 2/02/2024 | (32,315) |
BRL | 20,450,630 | USD | 4,128,521 | Citibank N.A. | 2/02/2024 | (750) |
CNH | 78,286,387 | USD | 10,984,757 | State Street Bank Corp. | 4/19/2024 | (40,625) |
CZK | 123,724,084 | USD | 5,478,931 | HSBC Bank | 4/19/2024 | (102,102) |
EUR | 273,681 | USD | 298,345 | HSBC Bank | 4/19/2024 | (1,606) |
EUR | 2,382,035 | USD | 2,623,537 | Merrill Lynch International | 4/19/2024 | (40,816) |
EUR | 1,861,666 | USD | 2,033,835 | State Street Bank Corp. | 4/19/2024 | (15,324) |
HUF | 71,311,889 | USD | 200,431 | HSBC Bank | 4/19/2024 | (1,001) |
IDR | 113,919,444,569 | USD | 7,335,444 | Barclays Bank PLC | 2/12/2024 | (117,243) |
IDR | 19,808,726,299 | USD | 1,268,650 | Morgan Stanley Capital Services, Inc. | 2/12/2024 | (13,524) |
JPY | 1,110,459,131 | USD | 7,651,547 | HSBC Bank | 4/19/2024 | (15,010) |
MXN | 749,638 | USD | 43,093 | HSBC Bank | 4/19/2024 | (90) |
MYR | 144,194,085 | USD | 30,822,869 | Barclays Bank PLC | 3/14/2024 | (262,226) |
PEN | 21,230,000 | USD | 5,687,033 | Barclays Bank PLC | 2/29/2024 | (110,707) |
PEN | 2,840,113 | USD | 757,869 | Citibank N.A. | 4/29/2024 | (12,581) |
PEN | 11,154,000 | USD | 2,989,448 | Merrill Lynch International | 2/29/2024 | (59,710) |
PLN | 60,063,326 | USD | 15,106,237 | HSBC Bank | 4/19/2024 | (121,013) |
PLN | 67,130,545 | USD | 16,892,862 | Merrill Lynch International | 4/19/2024 | (144,435) |
RON | 2,513,919 | USD | 548,497 | HSBC Bank | 4/19/2024 | (2,969) |
SGD | 3,456,419 | USD | 2,586,395 | State Street Bank Corp. | 4/19/2024 | (1,103) |
THB | 117,728,601 | USD | 3,392,364 | Barclays Bank PLC | 4/03/2024 | (75,069) |
THB | 1,123,968,456 | USD | 32,381,689 | JPMorgan Chase Bank N.A. | 4/03/2024 | (711,090) |
USD | 12,691,367 | CAD | 17,102,522 | State Street Bank Corp. | 4/19/2024 | (42,363) |
USD | 4,020,690 | COP | 16,180,261,145 | Barclays Bank PLC | 4/17/2024 | (76,601) |
Forward Foreign Currency Exchange Contracts − continued | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||
Liability Derivatives − continued | ||||||
USD | 13,620,978 | COP | 54,763,141,138 | Goldman Sachs International | 4/17/2024 | $(246,567) |
USD | 2,395,308 | JPY | 350,334,296 | Citibank N.A. | 4/19/2024 | (13,913) |
USD | 203,969 | PEN | 777,305 | Citibank N.A. | 4/29/2024 | (7) |
USD | 9,475,413 | PEN | 36,812,929 | Merrill Lynch International | 2/29/2024 | (193,963) |
USD | 5,000,069 | THB | 177,788,912 | JPMorgan Chase Bank N.A. | 4/03/2024 | (9,574) |
USD | 1,163,597 | TRY | 38,641,059 | State Street Bank Corp. | 4/19/2024 | (14,738) |
$(2,479,152) |
Futures Contracts | ||||||
Description | Long/ Short | Currency | Contracts | Notional Amount | Expiration Date | Value/Unrealized Appreciation (Depreciation) |
Asset Derivatives | ||||||
Interest Rate Futures | ||||||
Euro-Bobl 5 yr | Long | EUR | 210 | $26,900,028 | March – 2024 | $106,800 |
U.S. Treasury Note 10 yr | Long | USD | 90 | 10,109,531 | March – 2024 | 174,769 |
U.S. Treasury Note 2 yr | Long | USD | 160 | 32,905,000 | March – 2024 | 296,767 |
U.S. Treasury Note 5 yr | Long | USD | 400 | 43,356,250 | March – 2024 | 846,464 |
$1,424,800 |
Cleared Swap Agreements | ||||||||||
Maturity Date | Notional Amount | Counterparty | Cash Flows to Receive/ Frequency | Cash Flows to Pay/ Frequency | Unrealized Appreciation (Depreciation) | Net Unamortized Upfront Payments (Receipts) | Value | |||
Asset Derivatives | ||||||||||
Interest Rate Swaps | ||||||||||
1/02/29 | BRL | 22,600,000 | centrally cleared | 11.18% / At Maturity | Daily BZDIOVRA / At Maturity | $139,644 | $— | $139,644 | ||
1/02/29 | BRL | 10,545,000 | centrally cleared | 11.12% / At Maturity | Daily BZDIOVRA / At Maturity | 61,845 | — | 61,845 | ||
9/20/25 | CLP | 4,375,000,000 | centrally cleared | 5.61% / Semi-annually | Daily CLOIS / Semi-annually | 669 | — | 669 | ||
6/20/27 | CZK | 228,000,000 | centrally cleared | 3.94% / Annually | PRIBOR / Semi-annually | 110,542 | 55,213 | 165,755 | ||
12/22/27 | CZK | 727,831,000 | centrally cleared | 3.17% / Annually | PRIBOR / Semi-annually | 45,198 | 19,697 | 64,895 | ||
4/13/32 | USD | 2,916,000 | centrally cleared | 3.116% / At Maturity | USA-CPI-U / At Maturity | 71,760 | — | 71,760 | ||
$429,658 | $74,910 | $504,568 | ||||||||
Liability Derivatives | ||||||||||
Interest Rate Swaps | ||||||||||
1/02/26 | BRL | 25,000,000 | centrally cleared | 10.045% / At Maturity | Daily BZDIOVRA / At Maturity | $(11,661) | $— | $(11,661) | ||
1/02/26 | BRL | 48,270,000 | centrally cleared | 9.9975% / At Maturity | Daily BZDIOVRA / At Maturity | (3,761) | — | (3,761) | ||
1/02/26 | BRL | 39,635,000 | centrally cleared | 10.08% / At Maturity | Daily BZDIOVRA / At Maturity | (21,904) | — | (21,904) | ||
1/02/26 | BRL | 15,000,000 | centrally cleared | 9.9325% / At Maturity | Daily BZDIOVRA / At Maturity | (12,153) | — | (12,153) |
Cleared Swap Agreements − continued | ||||||||||
Maturity Date | Notional Amount | Counterparty | Cash Flows to Receive/ Frequency | Cash Flows to Pay/ Frequency | Unrealized Appreciation (Depreciation) | Net Unamortized Upfront Payments (Receipts) | Value | |||
Liability Derivatives − continued | ||||||||||
Interest Rate Swaps − continued | ||||||||||
1/02/29 | BRL | 79,677,000 | centrally cleared | 10.255% / At Maturity | Daily BZDIOVRA / At Maturity | $(28,546) | $— | $(28,546) | ||
4/28/33 | CLP | 3,953,502,000 | centrally cleared | Daily CLOIS / Semi-annually | 5.17% / Semi-annually | (96,413) | — | (96,413) | ||
10/23/33 | CLP | 2,251,371,000 | centrally cleared | Daily CLOIS / Semi-annually | 6.1% / Semi-annually | (228,049) | — | (228,049) | ||
12/22/27 | CZK | 949,069,000 | centrally cleared | 3.05% / Annually | PRIBOR / Semi-annually | (44,911) | 38,069 | (6,842) | ||
12/20/33 | HUF | 2,205,927,000 | centrally cleared | 6.05% / Annually | BUBOR / Semi-annually | (29,953) | — | (29,953) | ||
12/18/30 | MXN | 270,727,000 | centrally cleared | 7.905% / 28 Days | 28 day TIIE / 28 days | (66,691) | (24) | (66,715) | ||
12/18/30 | MXN | 75,855,000 | centrally cleared | 7.85% / 28 Days | 28 day TIIE / 28 days | (27,587) | 482 | (27,105) | ||
12/17/31 | PLN | 21,083,000 | centrally cleared | 3.86% / Annually | WIBOR / Semi-annually | (99,496) | (9,238) | (108,734) | ||
7/27/32 | THB | 200,000,000 | centrally cleared | 2.47% / Quarterly | 6-Month THBFIX / Quarterly | (42,866) | — | (42,866) | ||
4/28/33 | USD | 4,867,000 | centrally cleared | 3.149% / Annually | Daily SOFR / Annually | (262,105) | — | (262,105) | ||
$(976,096) | $29,289 | $(946,807) |
Uncleared Swap Agreements | ||||||||||
Maturity Date | Notional Amount | Counterparty | Cash Flows to Receive/ Frequency | Cash Flows to Pay/ Frequency | Unrealized Appreciation (Depreciation) | Net Unamortized Upfront Payments (Receipts) | Value | |||
Asset Derivatives | ||||||||||
Interest Rate Swaps | ||||||||||
7/07/27 | MYR | 36,564,000 | JPMorgan Chase Bank N.A. | 3.65% / Quarterly | 3-Month KLIBOR / Quarterly | $43,762 | $— | $43,762 |
Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
Equity Securities: | ||||
United States | $— | $206,250 | $— | $206,250 |
Non - U.S. Sovereign Debt | — | 431,927,910 | — | 431,927,910 |
Foreign Bonds | — | 15,916,631 | — | 15,916,631 |
Mutual Funds | 56,642,752 | — | — | 56,642,752 |
Total | $56,642,752 | $448,050,791 | $— | $504,693,543 |
Other Financial Instruments | ||||
Futures Contracts – Assets | $1,424,800 | $— | $— | $1,424,800 |
Forward Foreign Currency Exchange Contracts – Assets | — | 1,045,295 | — | 1,045,295 |
Forward Foreign Currency Exchange Contracts – Liabilities | — | (2,479,152) | — | (2,479,152) |
Swap Agreements – Assets | — | 548,330 | — | 548,330 |
Swap Agreements – Liabilities | — | (946,807) | — | (946,807) |
Affiliated Issuers | Beginning Value | Purchases | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Appreciation or Depreciation | Ending Value |
MFS Institutional Money Market Portfolio | $24,854,062 | $62,169,197 | $30,381,672 | $807 | $358 | $56,642,752 |
Affiliated Issuers | Dividend Income | Capital Gain Distributions |
MFS Institutional Money Market Portfolio | $605,189 | $— |
Czech Republic | 21.1% |
Brazil | 18.7% |
Mexico | 14.8% |
Colombia | 8.5% |
Indonesia | 8.3% |
South Africa | 6.1% |
Hungary | 6.0% |
Malaysia | 5.6% |
United States | (23.1)% |
Other Countries | 34.0% |