COMPETITIVE PERFORMANCE RESULTS VERSUS PEERS
MFS® Diversified Income Fund
Q1 I 2017
Income potential —
The fund seeks total
return with an emphasis
on current income,
but also considers
capital appreciation.
AS OF 3/31/17
Diversification —
The fund invests in
income-generating
securities, such as bonds,
dividend-paying stocks
and real estate holdings.
Ranked in the top quartile —
The fund ranked favorably
within the Morningstar
Allocation — 30% to 50%
Equity category for various
portfolio characteristics.
MFS Diversified Income Fund: Impressive rankings vs. its peers
Percentile rankings
Fund rank/# of funds in category
Morningstar Allocation — 30%–50% Equity since-inception* rankings, Class I, for the period ended 3/31/17
TOTAL RETURN
ALPHA
INFORMATION RATIO
SHARPE RATIO
UP CAPTURE RATIO
1st
5th
2nd
19th
6th
Percentile
3/212
Percentile
11/212
Percentile
4/212
Overall Morningstar RatingTM: Class I as of 3/31/171
(320 funds)
Category: Allocation — 30% to 50% Equity

(408 funds) | 5 years
10 years
Percentile
14/212
Lipper Leaders Overall Total Return Rating: 2 Class I as of 3/31/17
(408 funds)
3 years
Percentile
41/212
Category: Mixed-Asset Target Allocation Conservative
(350 funds)
(243 funds)
3 years
(320 funds) | 5 years
10 years
(292 funds)
(216 funds)
As of 3/31/17 the fund’s 3-year, 5-year and 10-year rankings for alpha were 34/408, 34/350, and 28/243 respectively; information ratio were 21/408, 25/350, and 11/243; Sharpe
ratio were 53/408, 68/350, and 59/243; up capture ratio were 69/408, 84/350, and 27/243. As of 3/31/17, the fund’s 1-year, 3-year, 5-year and 10-year rankings for total return
% were 232/513, 23/408, 33/350, and 10/243, respectively.
As of 3/31/17, since inception alpha was 1.56, information ratio was -0.15, Sharpe ratio was 0.63, and up capture ratio was 63.52.
*All inception data as of 6/1/06; fund’s actual inception date is 5/26/06.
Morningstar rankings may vary among share classes and are based on historical total returns, which are not indicative of future results.
1 The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered
a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5%
receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a
weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three year rating for
36-59 months of total returns, 60% five-year rating/40% threeyear rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating
for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
2
© Thomson Reuters 2017. All rights reserved. Lipper ratings do not take into account the effects of sales charges. The ratings are subject to change every month and are
calculated for all the following periods: three-year, five-year, ten-year and overall. The overall calculation is based on an equal-weighted average of percentile ranks over three-, fiveand ten-year periods (if applicable). The highest 20% of funds in each classification are named Lipper Leaders, the next 20% receive a rating of 4, the middle 20% are rated 3, the next
20% are rated 2 and the lowest 20% are rated 1. Keep in mind that, a high relative ranking does not always mean the fund achieved a positive return during the period.
Lipper rankings do not take into account sales charges and are based on historical total returns, which are not indicative of future results. Rankings for other share
classes may be higher or lower.
For more information on MFS Diversified Income Fund call your MFS® sales team
at 1-800-343-2829 or visit mfs.com.
FOR INVESTMENT PROFESSIONAL AND INSTITUTIONAL USE ONLY. Should not be shown, quoted, or distributed to the public.
NOT FDIC INSURED • MAY LOSE VALUE • NO BANK GUARANTEE
See the reverse side for other important information.
Fund and other information, Class I, as of 3/31/17
Average annual returns (%)
MFS Diversified Income Fund Class I (DIFIX)
Inception
1 yr.
3 yrs.
5 yrs.
10 yrs.
05/26/06
8.03
5.18
6.70
6.23
17.17
10.37
13.30
7.51
S&P 500 Index
Performance data shown represent past performance and are no guarantee of future results. Investment return and principal value fluctuate, so your
shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted. For most recent
month-end performance, please visit mfs.com.
Class I shares (“I”) have no sales charge or Rule 12b-1 fees and are available only to eligible investors.
Other share classes are available for which performance and expenses will differ. Performance results reflect any applicable expense subsidies and waivers in effect during the periods
shown. Without such subsidies and waivers, the fund’s performance results would be less favorable. All results assume the reinvestment of dividends and capital gains. The performance
is as of the date shown; it may not include the fund’s entire investment portfolio and is subject to change.
You should recommend products based on your client’s financial needs, goals, and risk tolerance.
Important risk considerations: The fund may not achieve its objective and/or you could lose money on your investment in the fund. • Stock markets and
investments in individual stocks are volatile and can decline significantly in response to issuer, market, economic, industry, political, regulatory, geopolitical, and
other conditions. • Investments in debt instruments may decline in value as the result of declines in the credit quality of the issuer, borrower, counterparty, or
other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments
can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually
fall), therefore the Fund’s share price may decline during rising rate environments as the underlying debt instruments in the portfolio adjust to the rise in rates.
Funds that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times,
and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may
be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable
price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument
purchased at a negative interest rate is expected to produce a negative return if held to maturity. • Investments in foreign markets can involve greater risk
and volatility than U.S. investments because of adverse market, economic, industry, political, regulatory, geopolitical, or other conditions. • Emerging markets
can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, and economic instability than developed
markets. • Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and
involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk. • Investments in
small-cap companies can be more volatile than investments in larger companies. • Investments in below investment grade quality debt instruments can be more
volatile and have greater risk of default, or already be in default, than higher-quality debt instruments. • Real estate-related investments can be volatile because
of general, regional, and local economic conditions, fluctuations in interest rates and property tax rates; shifts in zoning laws, environmental regulation and other
governmental actions; increased operation expenses; lack of availability of mortgage funds; losses due to natural disasters; changes in property values and rental
rates; overbuilding; losses due to casualty or condemnation, cash flows; and other factors. • Please see the prospectus for further information on these and other
risk considerations.
©2017 Morningstar, Inc. All rights reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar; (2) may not be copied; and (3) is
not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of
this information.
Before investing, consider the fund’s investment objectives, risks, charges, and expenses. For a prospectus
or summary prospectus containing this and other information, contact MFS® or view online at mfs.com.
Please read it carefully.
FOR INVESTMENT PROFESSIONAL AND INSTITUTIONAL USE ONLY.
Should not be shown, quoted,or distributed to the public.
UPDATED PERFORMANCE
MFS Fund Distributors, Inc., Boston, MAMFSB-DIFMSTR-SFL-5/17
21165.28