# EDGAR Filing Document

**Accession Number:** 0000225604
**File Stem:** 0002071691-26-015569
**Filing Date:** 2026-6
**Character Count:** 99607
**Document Hash:** 15d86cb2d42b9856db80287b37b9ce63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-015569.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0002071691-26-015569

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20270131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST III
- **CENTRAL INDEX KEY:** 0000225604

**ORGANIZATION NAME:**
- **EIN:** 046414785
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02794
- **FILM NUMBER:** 261132299

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST III /MA
- **DATE OF NAME CHANGE:** 19940411

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 19930408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASSACHUSETTS FINANCIAL HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MFS Global High Yield Fund (Series ID: S000002428)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006484 | A            | MHOAX           |
| C000006485 | B            | MHOBX           |
| C000006486 | C            | MHOCX           |
| C000006487 | I            | MHOIX           |
| C000064677 | R1           | MHORX           |
| C000064678 | R2           | MHOSX           |
| C000064679 | R3           | MHOTX           |
| C000064680 | R4           | MHOUX           |
| C000064681 | R6           | MHOVX           |

## Nport-Ex

HYO-Q1

![](img4f7ff4b91.gif)

**Quarterly Report**

April 30, 2026

MFS<sup>®</sup> Global High Yield Fund

![](imgc3d6ec912.gif)

------

**Portfolio of Investments**

4/30/26 (unaudited)

The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – 32.0%  | Bonds – 32.0%  | Bonds – 32.0%  |
| Aerospace & Defense – 0.5% | Aerospace & Defense – 0.5% | Aerospace & Defense – 0.5% |
| Czechoslovak Group A.S., 5.25%, 1/10/2031 (n) | 638000 | &nbsp;&nbsp;&nbsp; $771238 |
| Czechoslovak Group A.S., 5.25%, 1/10/2031  | 100000 | &nbsp;&nbsp;&nbsp; 120884 |
|  |  | &nbsp;&nbsp;&nbsp; $892122 |
| Auto & Auto Components – 0.7% | Auto & Auto Components – 0.7% | Auto & Auto Components – 0.7% |
| Clarios Global LP/Clarios US Finance Co., 4.75%, 6/15/2031 (n) | 100000 | &nbsp;&nbsp;&nbsp; $117280 |
| Forvia SE, 5.5%, 6/15/2031  | 534000 | &nbsp;&nbsp;&nbsp; 637316 |
| Mahle GmbH, 6.5%, 5/02/2031  | 356000 | &nbsp;&nbsp;&nbsp; 433089 |
|  |  | &nbsp;&nbsp;&nbsp; $1187685 |
| Business Services – 0.7% | Business Services – 0.7% | Business Services – 0.7% |
| ams-OSRAM AG, 10.5%, 3/30/2029  | 570000 | &nbsp;&nbsp;&nbsp; $704606 |
| Worldline S.A., 5.5%, 6/10/2030  | 500000 | &nbsp;&nbsp;&nbsp; 515354 |
|  |  | &nbsp;&nbsp;&nbsp; $1219960 |
| Cable TV – 0.6% | Cable TV – 0.6% | Cable TV – 0.6% |
| Summer BidCo B.V., 8.875%, 1/31/2031 (n)(p) | 545000 | &nbsp;&nbsp;&nbsp; $646101 |
| Ziggo B.V., 2.875%, 1/15/2030 (n) | 260000 | &nbsp;&nbsp;&nbsp; 288042 |
| Ziggo B.V., 2.875%, 1/15/2030  | 100000 | &nbsp;&nbsp;&nbsp; 110785 |
|  |  | &nbsp;&nbsp;&nbsp; $1044928 |
| Chemicals – 1.4% | Chemicals – 1.4% | Chemicals – 1.4% |
| Currenta Group Holdings S.à r.l., 5.5%, 5/15/2030 (n) | 504000 | &nbsp;&nbsp;&nbsp; $595025 |
| FIS Fabbrica Italiana Sintetici S.p.A., 5.25%, 2/05/2031 (n) | 425000 | &nbsp;&nbsp;&nbsp; 493809 |
| Maxam Prill S.à r.l., 6%, 7/15/2030  | 353000 | &nbsp;&nbsp;&nbsp; 418383 |
| Sasol Financing (USA) LLC, 5.5%, 3/18/2031  | $1019000 | &nbsp;&nbsp;&nbsp; 960578 |
|  |  | &nbsp;&nbsp;&nbsp; $2467795 |
| Conglomerates – 0.3% | Conglomerates – 0.3% | Conglomerates – 0.3% |
| SCC Power PLC, 8%, 12/31/2028 (n) | $850966 | &nbsp;&nbsp;&nbsp; $508452 |
| SCC Power PLC, 4%, 5/17/2032 (n) | 460939 | &nbsp;&nbsp;&nbsp; 115235 |
|  |  | &nbsp;&nbsp;&nbsp; $623687 |
| Consumer Products – 0.6% | Consumer Products – 0.6% | Consumer Products – 0.6% |
| Dometic Group AB, 5%, 9/11/2030  | 512000 | &nbsp;&nbsp;&nbsp; $592131 |
| Flos B&B Italia S.p.A., 10%, 11/15/2028 (n) | 326400 | &nbsp;&nbsp;&nbsp; 402055 |
| Flos B&B ltalia S.p.A., 10%, 11/15/2028  | 120000 | &nbsp;&nbsp;&nbsp; 147814 |
|  |  | &nbsp;&nbsp;&nbsp; $1142000 |
| Consumer Services – 1.1% | Consumer Services – 1.1% | Consumer Services – 1.1% |
| Aegis Lux 1A S.à r.l., 5.625%, 10/29/2031 (n)(p) | 421000 | &nbsp;&nbsp;&nbsp; $495250 |
| Amber Finco PLC, 6.625%, 7/15/2029 (n) | 250000 | &nbsp;&nbsp;&nbsp; 303380 |
| Amber Finco PLC, 6.625%, 7/15/2029  | 437000 | &nbsp;&nbsp;&nbsp; 530307 |
| Verisure Midholding AB, 5.25%, 2/15/2029  | 591000 | &nbsp;&nbsp;&nbsp; 694403 |
|  |  | &nbsp;&nbsp;&nbsp; $2023340 |
| Containers – 0.3% | Containers – 0.3% | Containers – 0.3% |
| San Miguel Industrias PET S.A., 3.75%, 8/02/2028 (n)  | $640000 | &nbsp;&nbsp;&nbsp; $617664 |
| Diversified Financial Services – 1.6% | Diversified Financial Services – 1.6% | Diversified Financial Services – 1.6% |
| Heimstaden AB, 6.75%, 1/15/2174  | 200000 | &nbsp;&nbsp;&nbsp; $236880 |
| IIFL Finance Ltd., 8.75%, 7/24/2028 (n) | $354000 | &nbsp;&nbsp;&nbsp; 361576 |
| Intrum Investments & Financing AB, 7.75%, 9/11/2028 (n) | 681779 | &nbsp;&nbsp;&nbsp; 726953 |
| Muangthai Capital PCL, 7.55%, 7/21/2030 (n) | $750000 | &nbsp;&nbsp;&nbsp; 760765 |
| Muthoot Finance Ltd., 7.125%, 2/14/2028 (n) | 686000 | &nbsp;&nbsp;&nbsp; 696420 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Diversified Financial Services – continued | Diversified Financial Services – continued | Diversified Financial Services – continued |
| Muthoot Finance Ltd., 6.375%, 3/02/2030 (n) | $200000 | &nbsp;&nbsp;&nbsp; $201433 |
|  |  | &nbsp;&nbsp;&nbsp; $2984027 |
| Emerging Market Quasi-Sovereign – 2.7% | Emerging Market Quasi-Sovereign – 2.7% | Emerging Market Quasi-Sovereign – 2.7% |
| Bulgarian Energy Holding EAD, 2.45%, 7/22/2028  | 970000 | &nbsp;&nbsp;&nbsp; $1098849 |
| Navoi Mining & Metallurgical Co. (Republic of Uzbekistan), 6.95%, 10/17/2031 (n) | $731000 | &nbsp;&nbsp;&nbsp; 776392 |
| Petroleos Mexicanos, 6.84%, 1/23/2030  | 289000 | &nbsp;&nbsp;&nbsp; 294177 |
| Petroleos Mexicanos, 10%, 2/07/2033  | 460000 | &nbsp;&nbsp;&nbsp; 539040 |
| Petroleos Mexicanos, 6.5%, 6/02/2041  | 1063000 | &nbsp;&nbsp;&nbsp; 935189 |
| Petroleos Mexicanos, 7.69%, 1/23/2050  | 640000 | &nbsp;&nbsp;&nbsp; 585319 |
| Telecommunications Co. (Republic of Serbia), 7%, 10/28/2029 (n) | 697000 | &nbsp;&nbsp;&nbsp; 697903 |
|  |  | &nbsp;&nbsp;&nbsp; $4926869 |
| Energy - Independent – 1.0% | Energy - Independent – 1.0% | Energy - Independent – 1.0% |
| Azule Energy Finance PLC, 8.125%, 1/23/2030 (n) | $671000 | &nbsp;&nbsp;&nbsp; $690521 |
| SierraCol Energy Andina LLC/SierraCol Energy, 9%, 11/14/2030 (n) | 589000 | &nbsp;&nbsp;&nbsp; 597246 |
| Trident Energy Finance PLC, 12.5%, 11/30/2029 (n) | 448000 | &nbsp;&nbsp;&nbsp; 478298 |
|  |  | &nbsp;&nbsp;&nbsp; $1766065 |
| Entertainment & Leisure – 0.4% | Entertainment & Leisure – 0.4% | Entertainment & Leisure – 0.4% |
| Pinnacle Bidco PLC, 10%, 10/11/2028  | 560000 | &nbsp;&nbsp;&nbsp; $794489 |
| Food & Beverages – 1.3% | Food & Beverages – 1.3% | Food & Beverages – 1.3% |
| Arcor S.A.I.C., 7.6%, 7/31/2033 (n) | $726000 | &nbsp;&nbsp;&nbsp; $747780 |
| Central American Bottling Corp., 5.25%, 4/27/2029 (n) | 716000 | &nbsp;&nbsp;&nbsp; 707846 |
| Grupo Nutresa S.A., 8%, 5/12/2030 (n) | 896000 | &nbsp;&nbsp;&nbsp; 945065 |
|  |  | &nbsp;&nbsp;&nbsp; $2400691 |
| Industrial – 0.4% | Industrial – 0.4% | Industrial – 0.4% |
| Multiversity S.p.A., 7.125%, 5/17/2031 (n) | 310000 | &nbsp;&nbsp;&nbsp; $377985 |
| Multiversity S.p.A., 7.125%, 5/17/2031  | 250000 | &nbsp;&nbsp;&nbsp; 304826 |
|  |  | &nbsp;&nbsp;&nbsp; $682811 |
| Insurance - Property & Casualty – 0.2% | Insurance - Property & Casualty – 0.2% | Insurance - Property & Casualty – 0.2% |
| Ardonagh Finco Ltd., 6.875%, 2/15/2031  | 363000 | &nbsp;&nbsp;&nbsp; $426524 |
| International Market Quasi-Sovereign – 0.3% | International Market Quasi-Sovereign – 0.3% | International Market Quasi-Sovereign – 0.3% |
| Wolf Midstream Canada LP, 6.4%, 7/18/2029 (n)  | 813000 | &nbsp;&nbsp;&nbsp; $621264 |
| Media – 0.2% | Media – 0.2% | Media – 0.2% |
| Arqiva Broadcast Finance PLC, 8.625%, 7/01/2030  | 300000 | &nbsp;&nbsp;&nbsp; $349398 |
| Medical & Health Technology & Services – 0.7% | Medical & Health Technology & Services – 0.7% | Medical & Health Technology & Services – 0.7% |
| Ephios Subco 3 S.à r.l., 7.875%, 1/31/2031 (n) | 388000 | &nbsp;&nbsp;&nbsp; $480165 |
| Ephios Subco 3 S.à r.l., 7.875%, 1/31/2031  | 100000 | &nbsp;&nbsp;&nbsp; 123754 |
| Gruppo San Donato S.p.A., 6.5%, 10/31/2031 (n) | 343000 | &nbsp;&nbsp;&nbsp; 402059 |
| Gruppo San Donato S.p.A., 6.5%, 10/31/2031  | 150000 | &nbsp;&nbsp;&nbsp; 175827 |
|  |  | &nbsp;&nbsp;&nbsp; $1181805 |
| Metals & Mining – 2.6% | Metals & Mining – 2.6% | Metals & Mining – 2.6% |
| Artemis Gold, Inc., 5.625%, 2/15/2031 (n) | 725000 | &nbsp;&nbsp;&nbsp; $537072 |
| Baffinland Iron Mines Corp./Baffinland Iron Mines LP, 8.75%, 7/15/2026 (n) | $140000 | &nbsp;&nbsp;&nbsp; 112000 |
| Capstone Copper Corp., 6.75%, 3/31/2033 (n) | 415000 | &nbsp;&nbsp;&nbsp; 422338 |
| Compania de Minas Buenaventura S.A.A., 6.8%, 2/04/2032 (n) | 525000 | &nbsp;&nbsp;&nbsp; 538219 |
| Eldorado Gold Corp., 6.25%, 9/01/2029 (n) | 342000 | &nbsp;&nbsp;&nbsp; 341276 |
| Endeavour Mining PLC, 7%, 5/28/2030 (n) | 591000 | &nbsp;&nbsp;&nbsp; 604892 |
| First Quantum Minerals Ltd., 8%, 3/01/2033 (n) | 835000 | &nbsp;&nbsp;&nbsp; 877368 |
| Petra Diamonds US$ Treasury PLC, 9.75%, 3/08/2030 (a)(z) | 359667 | &nbsp;&nbsp;&nbsp; 199233 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Metals & Mining – continued | Metals & Mining – continued | Metals & Mining – continued |
| Samarco Mineracao S.A., 4%(4% Cash + 5% PIK) to 12/30/2026, (5.5% Cash + 3.5% PIK) to 12/30/2027, 9.25% Cash to <br> 12/30/2029, 9.5% Cash to 6/30/2031 (p)<br>| $1116213 | &nbsp;&nbsp;&nbsp; $1119858 |
|  |  | &nbsp;&nbsp;&nbsp; $4752256 |
| Network & Telecom – 1.2% | Network & Telecom – 1.2% | Network & Telecom – 1.2% |
| Iliad Holding S.A.S., 5.625%, 10/15/2028 (n) | 280000 | &nbsp;&nbsp;&nbsp; $331235 |
| Iliad Holding S.A.S., 5.375%, 4/15/2030 (n) | 224000 | &nbsp;&nbsp;&nbsp; 268089 |
| Iliad Holding S.A.S., 6.875%, 4/15/2031 (n) | 151000 | &nbsp;&nbsp;&nbsp; 186184 |
| Iliad S.A., 5.625%, 2/15/2030  | 300000 | &nbsp;&nbsp;&nbsp; 370457 |
| Kaixo Bondco Telecom S.A., 5.125%, 9/30/2029 (n) | 735000 | &nbsp;&nbsp;&nbsp; 866647 |
| Kaixo Bondco Telecom S.A., 5.125%, 9/30/2029  | 100000 | &nbsp;&nbsp;&nbsp; 117911 |
|  |  | &nbsp;&nbsp;&nbsp; $2140523 |
| Non-Global Systemically Important Banks – 0.8% | Non-Global Systemically Important Banks – 0.8% | Non-Global Systemically Important Banks – 0.8% |
| BBVA Bancomer S.A. (Texas), 8.125%, 1/08/2039 (n) | $356000 | &nbsp;&nbsp;&nbsp; $385434 |
| Industrial Subordinated Trust 2.0, 6.55% to 4/15/2031, FLR (CMT - 5yr. + 2.864%) to 4/15/2036 (n) | 529000 | &nbsp;&nbsp;&nbsp; 537200 |
| Ipoteka-Bank Akib, 6.45%, 10/09/2030  | 500000 | &nbsp;&nbsp;&nbsp; 501776 |
|  |  | &nbsp;&nbsp;&nbsp; $1424410 |
| Oil Services – 0.3% | Oil Services – 0.3% | Oil Services – 0.3% |
| Forsea Holding S.A., 7.5%, 6/15/2030 (n)  | $450000 | &nbsp;&nbsp;&nbsp; $446073 |
| Pharmaceuticals & Biotechnology – 1.2% | Pharmaceuticals & Biotechnology – 1.2% | Pharmaceuticals & Biotechnology – 1.2% |
| Biocon Biologics Global PLC, 6.67%, 10/09/2029 (n) | $450000 | &nbsp;&nbsp;&nbsp; $452157 |
| Cheplapharm Arzneimittel GmbH, 6.75%, 2/15/2032 (n) | 441000 | &nbsp;&nbsp;&nbsp; 517540 |
| Grifols S.A., 7.125%, 5/01/2030  | 394000 | &nbsp;&nbsp;&nbsp; 480036 |
| Neopharmed Gentili S.p.A., 7.125%, 4/08/2030 (n) | 596000 | &nbsp;&nbsp;&nbsp; 720776 |
|  |  | &nbsp;&nbsp;&nbsp; $2170509 |
| Pollution Control – 0.6% | Pollution Control – 0.6% | Pollution Control – 0.6% |
| Ambipar Lux S.à r.l., 10.875%, 2/05/2033 (a)(d) | $385000 | &nbsp;&nbsp;&nbsp; $56787 |
| Biffa Group Holdings Ltd., 5.25%, 6/15/2031 (n) | 499000 | &nbsp;&nbsp;&nbsp; 578470 |
| Itelyum Regeneration S.p.A, 5.75%, 4/15/2030  | 432000 | &nbsp;&nbsp;&nbsp; 510909 |
|  |  | &nbsp;&nbsp;&nbsp; $1146166 |
| Real Estate - Storage & Office – 0.3% | Real Estate - Storage & Office – 0.3% | Real Estate - Storage & Office – 0.3% |
| Alexandrite Monnet UK HoldCo PLC, 6.875%, 5/31/2031 (n)  | 414000 | &nbsp;&nbsp;&nbsp; $486508 |
| Refining – 0.4% | Refining – 0.4% | Refining – 0.4% |
| MC Brazil Downstream Trading S.à r.l., 7.25%, 6/30/2031 (n)  | $690500 | &nbsp;&nbsp;&nbsp; $645695 |
| Restaurants – 0.4% | Restaurants – 0.4% | Restaurants – 0.4% |
| Punch Finance PLC, 7.875%, 12/30/2030 (n) | 383000 | &nbsp;&nbsp;&nbsp; $528490 |
| Punch Finance PLC, 7.875%, 12/30/2030  | 100000 | &nbsp;&nbsp;&nbsp; 137987 |
|  |  | &nbsp;&nbsp;&nbsp; $666477 |
| Retail & E-commerce – 1.2% | Retail & E-commerce – 1.2% | Retail & E-commerce – 1.2% |
| Beach Acquisition Bidco LLC, 5.25%, 7/15/2032 (n) | 189000 | &nbsp;&nbsp;&nbsp; $220730 |
| CD&R Firefly Bidco PLC, 8.625%, 4/30/2029  | 100000 | &nbsp;&nbsp;&nbsp; 140124 |
| CD&R Firefly Bidco PLC, 8.625%, 4/30/2029 (n) | 350000 | &nbsp;&nbsp;&nbsp; 490435 |
| Cesar S.p.A, 6.5%, 9/30/2031 (n) | 450000 | &nbsp;&nbsp;&nbsp; 533728 |
| Cesar S.p.A., 6.5%, 9/30/2031  | 200000 | &nbsp;&nbsp;&nbsp; 237212 |
| Fressnapf Holding SE, 5.25%, 10/31/2031  | 500000 | &nbsp;&nbsp;&nbsp; 582328 |
|  |  | &nbsp;&nbsp;&nbsp; $2204557 |
| Semiconductor & Electronic Components – 0.4% | Semiconductor & Electronic Components – 0.4% | Semiconductor & Electronic Components – 0.4% |
| MKS, Inc., 4.25%, 2/15/2034 (n)  | 618000 | &nbsp;&nbsp;&nbsp; $699983 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Bonds – continued  | Bonds – continued  | Bonds – continued  |
| Supermarkets – 0.6% | Supermarkets – 0.6% | Supermarkets – 0.6% |
| Eroski Sociedad Cooperativa, 5.75%, 5/15/2031 (n) | 431000 | &nbsp;&nbsp;&nbsp; $522177 |
| FR Bondco S.A.S., 6.875%, 10/31/2032  | 449000 | &nbsp;&nbsp;&nbsp; 527874 |
|  |  | &nbsp;&nbsp;&nbsp; $1050051 |
| Telecommunications - Wireless – 2.6% | Telecommunications - Wireless – 2.6% | Telecommunications - Wireless – 2.6% |
| Altice France S.A., 5.5%, 10/15/2031  | 384017 | &nbsp;&nbsp;&nbsp; $442741 |
| HTA Group Ltd./Mauritius, 6.75%, 4/01/2031 (n) | $754000 | &nbsp;&nbsp;&nbsp; 765555 |
| IHS Holding Ltd., 6.25%, 11/29/2028 (n) | 785000 | &nbsp;&nbsp;&nbsp; 782738 |
| PLT VII Finance S.à r.l., 6%, 6/15/2031 (n) | 448000 | &nbsp;&nbsp;&nbsp; 537611 |
| PLT VII Finance S.à r.l., 6%, 6/15/2031  | 100000 | &nbsp;&nbsp;&nbsp; 120003 |
| SoftBank Group Corp., 5.875%, 7/10/2031  | 100000 | &nbsp;&nbsp;&nbsp; 115259 |
| SoftBank Group Corp., 5.75%, 7/08/2032  | 450000 | &nbsp;&nbsp;&nbsp; 507703 |
| VMED O2 UK Financing I PLC, 4%, 1/31/2029  | 299000 | &nbsp;&nbsp;&nbsp; 383293 |
| WP/AP Telecom Holdings III B.V., 5.5%, 1/15/2030  | 752000 | &nbsp;&nbsp;&nbsp; 878091 |
| Zegona Finance PLC, 6.75%, 7/15/2029 (n) | 112500 | &nbsp;&nbsp;&nbsp; 137195 |
|  |  | &nbsp;&nbsp;&nbsp; $4670189 |
| Transportation & Logistics – 0.8% | Transportation & Logistics – 0.8% | Transportation & Logistics – 0.8% |
| Edge Finco PLC, 8.125%, 8/15/2031 (n) | 414000 | &nbsp;&nbsp;&nbsp; $578392 |
| Edge Finco PLC, 8.125%, 8/15/2031  | 100000 | &nbsp;&nbsp;&nbsp; 139708 |
| Kingston Airport Revenue Ltd., 6.75%, 12/15/2036 (n) | $735000 | &nbsp;&nbsp;&nbsp; 744922 |
|  |  | &nbsp;&nbsp;&nbsp; $1463022 |
| Travel, Gaming, & Lodging – 0.8% | Travel, Gaming, & Lodging – 0.8% | Travel, Gaming, & Lodging – 0.8% |
| 888 Acquisitions Ltd., 10.75%, 5/15/2030  | 370000 | &nbsp;&nbsp;&nbsp; $493399 |
| Allwyn Entertainment Financing (UK) PLC, 4.125%, 2/15/2031  | 598000 | &nbsp;&nbsp;&nbsp; 680687 |
| Wynn Macau Ltd., 5.625%, 8/26/2028 (n) | $294000 | &nbsp;&nbsp;&nbsp; 291807 |
|  |  | &nbsp;&nbsp;&nbsp; $1465893 |
| Utilities – 2.2% | Utilities – 2.2% | Utilities – 2.2% |
| AES Andes S.A., 8.15% to 6/10/2030, FLR (CMT - 5yr. + 3.835%) to 6/10/2035, FLR (CMT - 5yr. + 4.085%) to 6/10/2050, FLR <br> (CMT - 5yr. + 4.835%) to 6/10/2055 (n)<br>| $672000 | &nbsp;&nbsp;&nbsp; $706504 |
| Energuate Trust, 6.35%, 9/15/2035 (n) | 601000 | &nbsp;&nbsp;&nbsp; 602220 |
| Mong Duong Finance Holdings B.V., 5.125%, 5/07/2029 (n) | 544039 | &nbsp;&nbsp;&nbsp; 536787 |
| PT Sorik Marapi Geothermal Power, 7.75%, 8/05/2031  | 466650 | &nbsp;&nbsp;&nbsp; 473904 |
| ReNew Wind Energy AP2/ReNew Power Private Ltd., 4.5%, 7/14/2028 (n) | 329000 | &nbsp;&nbsp;&nbsp; 316384 |
| Saavi Energia S.à r.l., 8.875%, 2/10/2035 (n) | 574000 | &nbsp;&nbsp;&nbsp; 638460 |
| Termocandelaria Power S.A., 7.75%, 9/17/2031 (n) | 376000 | &nbsp;&nbsp;&nbsp; 386603 |
| Termocandelaria Power S.A., 7.75%, 9/17/2031  | 400000 | &nbsp;&nbsp;&nbsp; 411280 |
|  |  | &nbsp;&nbsp;&nbsp; $4072142 |
| Utilities - Other – 0.6% | Utilities - Other – 0.6% | Utilities - Other – 0.6% |
| Aegea Finance S.à r.l., 7.625%, 1/20/2036 (n) | $710000 | &nbsp;&nbsp;&nbsp; $515637 |
| Nova Securitisation S.à r.l., 5.75%, 2/03/2031 (n) | 611000 | &nbsp;&nbsp;&nbsp; 595151 |
|  |  | &nbsp;&nbsp;&nbsp; $1110788 |
| **Total Bonds**  |  | &nbsp;&nbsp; **$57968366** |
| Common Stocks – 0.0%  | Common Stocks – 0.0%  | Common Stocks – 0.0%  |
| Metals & Mining – 0.0% | Metals & Mining – 0.0% |  |
| Petra Diamonds Ltd. (a)  | 24457 | &nbsp;&nbsp;&nbsp; $5757 |
| Mutual Funds (h) – 67.5%  | Mutual Funds (h) – 67.5%  | Mutual Funds (h) – 67.5%  |
| Bond Funds – 65.7% | Bond Funds – 65.7% | Bond Funds – 65.7% |
| MFS High Yield Pooled Portfolio (v)  | 14249518 | &nbsp;&nbsp;&nbsp; $119268465 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Mutual Funds (h) – continued  | Mutual Funds (h) – continued  | Mutual Funds (h) – continued  |
| Money Market Funds – 1.8% | Money Market Funds – 1.8% |  |
| MFS Institutional Money Market Portfolio, 3.7% (v)  | 3209623 | &nbsp;&nbsp;&nbsp; $3209944 |
| **Total Mutual Funds**  | **Total Mutual Funds**  | &nbsp;&nbsp; **$122478409** |
| Other Assets, Less Liabilities – 0.5% |  | &nbsp;&nbsp;&nbsp; 932346 |
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; **$181384878** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(d) In default.

&nbsp;&nbsp;&nbsp;&nbsp;(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 $122,478,409 and $57,974,123, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(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 $36,609,884, representing 20.2% of net assets.

&nbsp;&nbsp;&nbsp;&nbsp;(p) Payment-in-kind (PIK) security for which interest income may be received in additional
 securities and/or cash.

&nbsp;&nbsp;&nbsp;&nbsp;(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.

&nbsp;&nbsp;&nbsp;&nbsp;(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:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| **Restricted Securities** | &nbsp;&nbsp; **Acquisition** <br>**Date**<br>| **Cost** | **Value** |
| Petra Diamonds US$ Treasury PLC, 9.75%, 3/08/2030 | 3/10/2021-1/31/2022 | $357304 | $199233 |
| % of Net assets |  |  | 0.1% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| The following abbreviations are used in this report and are defined: | The following abbreviations are used in this report and are defined: |
| CMT | Constant Maturity Treasury  |
| FLR | Floating Rate. Interest rate resets periodically based on the parenthetically disclosed reference rate plus a spread (if any). The period-end rate <br> reported may not be the current rate. All reference rates are USD unless otherwise noted.<br>|
| Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise <br> indicated. A list of abbreviations is shown below: | Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise <br> indicated. A list of abbreviations is shown below: |
| CAD | Canadian Dollar |
| EUR | Euro |
| GBP | British Pound |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** | **Derivative Contracts at 4/30/26** |
| **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  | **Forward Foreign Currency Exchange Contracts**  |
| **Currency** <br>**Purchased** | **Currency** <br>**Purchased** | &nbsp;&nbsp; **Currency** <br>**Sold** | &nbsp;&nbsp; **Currency** <br>**Sold** | **Counterparty** | &nbsp;&nbsp; **Settlement** <br>**Date**<br>| **Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>|
| **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** | **Asset Derivatives** |
| EUR | &nbsp;&nbsp; 2189949 | USD | &nbsp;&nbsp; 2548990 | State Street Corp. | 7/17/2026 | &nbsp;&nbsp; $29935 |
| GBP | &nbsp;&nbsp; 400130 | USD | &nbsp;&nbsp; 529563 | State Street Corp. | 7/17/2026 | &nbsp;&nbsp; 14779 |
| USD | &nbsp;&nbsp; 28855239 | EUR | &nbsp;&nbsp; 24360691 | State Street Corp. | 7/17/2026 | &nbsp;&nbsp; 167629 |
|  |  |  |  |  |  | &nbsp;&nbsp; $212343 |
| **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** | **Liability Derivatives** |
| EUR | &nbsp;&nbsp; 448224 | USD | &nbsp;&nbsp; 530454 | UBS AG | 7/17/2026 | &nbsp;&nbsp; $(2617)<br>|
| USD | &nbsp;&nbsp; 1157835 | CAD | &nbsp;&nbsp; 1588128 | Merrill Lynch International | 7/17/2026 | &nbsp;&nbsp; (15079)<br>|
| USD | &nbsp;&nbsp; 486384 | EUR | &nbsp;&nbsp; 414937 | UBS AG | 7/17/2026 | &nbsp;&nbsp; (2255)<br>|
| USD | &nbsp;&nbsp; 2055544 | GBP | &nbsp;&nbsp; 1516256 | Barclays Bank PLC | 7/17/2026 | &nbsp;&nbsp; (7186)<br>|
| USD | &nbsp;&nbsp; 2622379 | GBP | &nbsp;&nbsp; 1933373 | Merrill Lynch International | 7/17/2026 | &nbsp;&nbsp; (7803)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp; $(34940)<br>|

---

See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.

------

**Supplemental Information**

4/30/26 (unaudited)

The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial

Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.

**(1) Investment Valuations**

The investments of the fund and the MFS High Yield Pooled Portfolio are valued as described below.

Subject to its oversight, the fund's Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund's investments to MFS as the fund's adviser, pursuant to the fund's valuation policy and procedures which have been adopted by the adviser and approved by the Board. In accordance with Rule 2a-5 under the Investment Company Act of 1940, the Board of Trustees designated the adviser as the "valuation designee" of the fund. If the adviser, as valuation designee, determines that reliable market quotations are not readily available for an investment, the investment is valued at fair value as determined in good faith by the adviser in accordance with the adviser's fair valuation policy and procedures.

Under the fund's valuation policy and procedures, equity securities, including restricted equity securities, are generally valued at the last sale or official closing price on their primary market or exchange as provided by a third-party pricing service. Equity securities, for which there were no sales reported that day, are generally valued at the last quoted daily bid quotation on their primary market or exchange as provided

by a third-party pricing service. Debt instruments and floating rate loans, including restricted debt instruments, are generally valued at an

evaluated or composite bid as provided by a third-party pricing service. Short-term instruments with a maturity at issuance of 60 days or less

may be valued at amortized cost, which approximates market value. Exchange-traded options are generally valued at the last sale or official closing price on their primary exchange as provided by a third-party pricing service. Exchange-traded options for which there were no sales reported that day are generally valued at the last daily bid quotation on their primary exchange as provided by a third-party pricing service. For put options, the position may be valued at the last daily ask quotation if there are no trades reported during the day. Options not traded on an exchange are generally valued at a broker/dealer bid quotation. Foreign currency options are generally valued at valuations provided

by a third-party pricing service. Futures contracts are generally valued at last posted settlement price on their primary exchange as provided by a third-party pricing service. Futures contracts for which there were no trades that day for a particular position are generally valued at the

closing bid quotation on their primary exchange as provided by a third-party pricing service. Forward foreign currency exchange contracts are generally valued at the mean of bid and asked prices for the time period interpolated from rates provided by a third-party pricing service for

proximate time periods. Open-end investment companies are generally valued at net asset value per share. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.

Under the fund's valuation policy and procedures, market quotations are not considered to be readily available for debt instruments, floating rate loans, and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services or otherwise determined by the adviser in accordance with the adviser's fair valuation policy and procedures. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, spreads and other market data. Pricing services generally value debt instruments assuming orderly transactions of institutional round lot sizes, but a fund may hold or transact in such securities in smaller, odd lot sizes. In instances where a fund holds an odd lot size position in a debt instrument, such position will typically be valued using the pricing agent's institutional round lot price for the debt instrument. Odd lots may trade at lower prices than institutional round lots, and the fund may receive different prices when it sells odd lot positions than it would receive for sales of institutional round lot positions. An investment may also be valued at fair value if the adviser determines that the investment's value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund's net asset value, or after the halt of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund's net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund's net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net

asset value per share.

Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk).

------

*Supplemental Information (unaudited) – continued*

Level 3 includes significant unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as forward foreign currency exchange contracts. The following is a summary of the levels used as of April 30, 2026 in valuing the fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Equity Securities | &nbsp;&nbsp;&nbsp; $5757 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $5757 |
| Non - U.S. Sovereign Debt | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5548133 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 5548133 |
| U.S. Corporate Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1037993 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1037993 |
| Foreign Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 51382240 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 51382240 |
| Investment Companies | &nbsp;&nbsp;&nbsp; 122478409 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 122478409 |
| Total | &nbsp;&nbsp;&nbsp; $122484166 | &nbsp;&nbsp;&nbsp; $57968366 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $180452532 |
| **Other Financial Instruments** |  |  |  |  |
| Forward Foreign Currency Exchange Contracts – Assets | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $212343 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $212343 |
| Forward Foreign Currency Exchange Contracts – Liabilities | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (34940)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; (34940)<br>|

---

For further information regarding security characteristics, see the Portfolio of Investments. Please refer to the MFS High Yield Pooled

Portfolio's financial statements for further information regarding the levels used in valuing its assets and liabilities.

**(2) Investments in Affiliated Issuers**

An affiliated issuer 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. The following were affiliated issuers for the period ended April 30, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Beginning** <br>**Value**<br>| **Purchases** | **Sales** <br>**Proceeds**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation or** <br>**Depreciation**<br>| **Ending** <br>**Value**<br>|
| MFS High Yield Pooled Portfolio  | &nbsp;&nbsp; $136159264 | &nbsp;&nbsp; $4746422 | &nbsp;&nbsp; $19774457 | &nbsp;&nbsp; $(386682)<br>| &nbsp;&nbsp; $(1476082)<br>| &nbsp;&nbsp; $119268465<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; 5555924 | &nbsp;&nbsp; 10751732 | &nbsp;&nbsp; 13097280 | &nbsp;&nbsp; (309)<br>| &nbsp;&nbsp; (123)<br>| &nbsp;&nbsp; 3209944<br>|
|  | &nbsp;&nbsp; $141715188 | &nbsp;&nbsp; $15498154 | &nbsp;&nbsp; $32871737 | &nbsp;&nbsp; $(386991)<br>| &nbsp;&nbsp; $(1476205)<br>| &nbsp;&nbsp; $122478409<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Affiliated Issuers** | **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| MFS High Yield Pooled Portfolio  | &nbsp;&nbsp; $2300149 | &nbsp;&nbsp; $— |
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; 34531 | &nbsp;&nbsp; — |
|  | &nbsp;&nbsp; $2334680 | &nbsp;&nbsp; $— |

---

**(3) Issuer Country Weightings**

Issuer country weighting percentages of portfolio holdings based on net assets, as of April 30, 2026, are as follows:

---

| | |
|:---|:---|
| United States | 60.5% |
| United Kingdom | 4.4% |
| Canada | 4.0% |
| France | 2.7% |
| Italy | 2.4% |
| Luxembourg | 2.1% |
| Mexico | 1.9% |
| Brazil | 1.7% |
| Colombia | 1.3% |
| Other Countries | 19.0% |

---

These issuer country weighting percentages include both accrued interest amounts and the equivalent exposure from any derivative holdings, if applicable. Percentages reflect exposure to the underlying fund holdings including cash & cash equivalents.

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MFS Series Trust III

- **b. Investment Company Act file number:** 811-02794

- **c. CIK number of Registrant:** 0000225604

- **d. LEI of Registrant:** 549300V6TTODTL97GD50

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

**Item A.2. Information about the Series.**

- **a. Name of Series:** MFS Global High Yield Fund

- **b. EDGAR series identifier (if any):** S000002428

- **c. LEI of Series:** IAJ1R15XQSLN6MYDI525

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2027-01-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $183224214.17

**Total Liabilities:** $1843341.14

**Net Assets:** $181380873.03

**Delayed Delivery Securities:** $486991.40

**Cash Not Reported:** $34291.20

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -6.84495770 | **1-Year:** -230.68365860 | **5-Year:** -902.81361010 | **10-Year:** -1169.48545840 | **30-Year:** -372.56430050

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -183.59036680 | **1-Year:** -4186.81682990 | **5-Year:** -8596.75536800 | **10-Year:** -1423.09010460 | **30-Year:** -8.40757560

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006484 | 0.24%                | -1.50%               | 1.67%                |
| Class ID C000006485 | 0.18%                | -1.56%               | 1.60%                |
| Class ID C000006486 | 0.18%                | -1.56%               | 1.61%                |
| Class ID C000006487 | 0.26%                | -1.48%               | 1.69%                |
| Class ID C000064677 | 0.01%                | -1.39%               | 1.61%                |
| Class ID C000064678 | 0.05%                | -1.34%               | 1.65%                |
| Class ID C000064679 | 0.24%                | -1.49%               | 1.66%                |
| Class ID C000064680 | 0.27%                | -1.47%               | 1.68%                |
| Class ID C000064681 | 0.10%                | -1.30%               | 1.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-43917.00               | $-748306.81                                |
| Month 2  | $-84784.86               | $-4754932.88                               |
| Month 3  | $-298979.64              | $2947040.31                                |

**Designated Index Information**

- **Index Name:** BofaML Global HY Constrained

- **Index Identifier:** MLGHYC

### Schedule of Portfolio Investments

| Name                                                                      | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AES Andes SA                                                              | AES Andes SA                                                              | CUSIP: 00111VAC1<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |    672000 | PA      | $706503.90    | 0.39%             | 2055-06-10      | Variable      | 8.15%                 | Yes           |                  2 | On Loan: No      |
| Aegea Finance Sarl                                                        | Aegea Finance Sarl                                                        | CUSIP: 00775CAE6<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |    710000 | PA      | $515637.50    | 0.28%             | 2036-01-20      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Arcor SAIC                                                                | Arcor SAIC                                                                | CUSIP: 03965PAE1<br>LEI: 529900B2ROYOJG45VO88 | Long             | DBT              | CORP              | AR        |    726000 | PA      | $747780.00    | 0.41%             | 2033-07-31      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| Artemis Gold, Inc.                                                        | Artemis Gold, Inc.                                                        | CUSIP: 04302LAB6<br>LEI: 529900GXBX7DGL5YMO49 | Long             | DBT              | CORP              | CA        |    725000 | PA      | $537071.63    | 0.30%             | 2031-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Azule Energy Finance plc                                                  | Azule Energy Finance plc                                                  | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    671000 | PA      | $690521.40    | 0.38%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Baffinland Iron Mines Corp.                                               | Baffinland Iron Mines Corp.                                               | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    140000 | PA      | $112000.00    | 0.06%             | 2026-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico | BBVA Mexico SA Institucion de Banca Multiple Grupo Financiero BBVA Mexico | CUSIP: 07336UAB9<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    754000 | PA      | $816341.04    | 0.45%             | 2039-01-08      | Variable      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Biocon Biologics Global plc                                               | Biocon Biologics Global plc                                               | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $452157.01    | 0.25%             | 2029-10-09      | Fixed         | 6.67%                 | Yes           |                  2 | On Loan: No      |
| Capstone Copper Corp.                                                     | Capstone Copper Corp.                                                     | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    415000 | PA      | $422337.62    | 0.23%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Central American Bottling Corp.                                           | Central American Bottling Corp.                                           | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    716000 | PA      | $707845.33    | 0.39%             | 2029-04-27      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Cia de Minas Buenaventura SAA                                             | Cia de Minas Buenaventura SAA                                             | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    525000 | PA      | $538219.50    | 0.30%             | 2032-02-04      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| FORESEA Holding SA                                                        | FORESEA Holding SA                                                        | CUSIP: 262051AA3<br>LEI: 254900BAD50AKYGIMV79 | Long             | DBT              | CORP              | LU        |    450000 | PA      | $446072.81    | 0.25%             | 2030-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Eldorado Gold Corp.                                                       | Eldorado Gold Corp.                                                       | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |    342000 | PA      | $341275.71    | 0.19%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Endeavour Mining plc                                                      | Endeavour Mining plc                                                      | CUSIP: 29261HAB1<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |    591000 | PA      | $604892.18    | 0.33%             | 2030-05-28      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Energuate Trust 2 0                                                       | Energuate Trust 2 0                                                       | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |    601000 | PA      | $602219.77    | 0.33%             | 2035-09-15      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                               | First Quantum Minerals Ltd.                                               | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    835000 | PA      | $877367.90    | 0.48%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Grupo Nutresa SA                                                          | Grupo Nutresa SA                                                          | CUSIP: 40055CAA1<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |    896000 | PA      | $945065.26    | 0.52%             | 2030-05-12      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| HTA Group Ltd.                                                            | HTA Group Ltd.                                                            | CUSIP: 40435WAD2<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |    754000 | PA      | $765554.94    | 0.42%             | 2031-04-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| IHS Holding Ltd.                                                          | IHS Holding Ltd.                                                          | CUSIP: 44963HAB1<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    785000 | PA      | $782737.78    | 0.43%             | 2028-11-29      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| IIFL Finance Ltd.                                                         | IIFL Finance Ltd.                                                         | CUSIP: 44964HAA2<br>LEI: 335800CZ46UJRS34JR78 | Long             | DBT              | CORP              | IN        |    354000 | PA      | $361576.15    | 0.20%             | 2028-07-24      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Industrial Subordinated Trust                                             | Industrial Subordinated Trust 2 0                                         | CUSIP: 456349AA7<br>LEI: 254900WSJBB5525DL518 | Long             | DBT              | CORP              | KY        |    529000 | PA      | $537199.50    | 0.30%             | 2036-04-15      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| Kingston Airport Revenue Finance Ltd.                                     | Kingston Airport Revenue Finance Ltd.                                     | CUSIP: 49647QAA6<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | CORP              | KY        |    735000 | PA      | $744922.50    | 0.41%             | 2036-12-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $16312.32     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1765.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $11329.66     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $3449.29      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $10726.35     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7802.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $167629.17    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-15079.54    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7186.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2616.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1131.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                       | Forward Foreign Currency Contract                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2254.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                                  | MFS Institutional Money Market Portfolio, Class A                         | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |   3203041 | NS      | $3203361.46   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| MC Brazil Downstream Trading SARL                                         | MC Brazil Downstream Trading SARL                                         | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    690500 | PA      | $645694.86    | 0.36%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MFS High Yield Pooled Portfolio                                           | MFS High Yield Pooled Portfolio                                           | CUSIP: 552984668<br>LEI: 549300B758U8480GXX22 | Long             |  | RF                | US        |  14184006 | NS      | $118720131.87 | 65.45%            |  |  |  | No            |                  1 | On Loan: No      |
| Mong Duong Finance Holdings BV                                            | Mong Duong Finance Holdings BV                                            | CUSIP: 60935DAA3<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |    544039 | PA      | $536787.12    | 0.30%             | 2029-05-07      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Montego Bay Airport Revenue Finance Ltd.                                  | Montego Bay Airport Revenue Finance Ltd.                                  | CUSIP: 61238BAA9<br>LEI: 2549008BQQ5ON8H2UC19 | Long             | DBT              | CORP              | KY        |    288000 | PA      | $285840.00    | 0.16%             | 2035-06-15      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Muangthai Capital PCL                                                     | Muangthai Capital PCL                                                     | CUSIP: 624923AA6<br>LEI: 254900ZI1FO2W9132C98 | Long             | DBT              | CORP              | TH        |    750000 | PA      | $760764.71    | 0.42%             | 2030-07-21      | Fixed         | 7.55%                 | Yes           |                  2 | On Loan: No      |
| Muthoot Finance Ltd.                                                      | Muthoot Finance Ltd.                                                      | CUSIP: 62828L2C6<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    686000 | PA      | $696420.19    | 0.38%             | 2028-02-14      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Muthoot Finance Ltd.                                                      | Muthoot Finance Ltd.                                                      | CUSIP: 62828L2E2<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $201433.47    | 0.11%             | 2030-03-02      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Navoi Mining & Metallurgical Combinat                                     | Navoi Mining & Metallurgical Combinat                                     | CUSIP: 63890CAB0<br>LEI: N/A                  | Long             | DBT              | NUSS              | UZ        |    731000 | PA      | $776391.88    | 0.43%             | 2031-10-17      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Nova Securitisation Sarl                                                  | Nova Securitisation Sarl                                                  | CUSIP: 66984FAA5<br>LEI: 636700QG9R13IDZO4Y16 | Long             | DBT              | CORP              | LU        |    611000 | PA      | $595150.71    | 0.33%             | 2031-02-03      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                       | CUSIP: 71654QAZ5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |   1063000 | PA      | $935188.71    | 0.52%             | 2041-06-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                       | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    289000 | PA      | $294177.32    | 0.16%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                       | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    640000 | PA      | $585318.53    | 0.32%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                       | Petroleos Mexicanos                                                       | CUSIP: 71654QDP4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    460000 | PA      | $539039.50    | 0.30%             | 2033-02-07      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ReNew Wind Energy AP2                                                     | ReNew Wind Energy AP2                                                     | CUSIP: 75973PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    329000 | PA      | $316383.76    | 0.17%             | 2028-07-14      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SCC Power plc                                                             | SCC Power plc                                                             | CUSIP: 78397YAB8<br>LEI: 529900IYGYC6VSDSDF37 | Long             | DBT              | CORP              | GB        |    850966 | PA      | $508452.19    | 0.28%             | 2028-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SCC Power plc                                                             | SCC Power plc                                                             | CUSIP: 78397YAC6<br>LEI: 529900IYGYC6VSDSDF37 | Long             | DBT              | CORP              | GB        |    460939 | PA      | $115234.75    | 0.06%             | 2032-05-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Saavi Energia Sarl                                                        | Saavi Energia Sarl                                                        | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |    574000 | PA      | $638460.20    | 0.35%             | 2035-02-10      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SAN Miguel Industrias Pet SA                                              | SAN Miguel Industrias Pet SA                                              | CUSIP: 79911QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    640000 | PA      | $617664.00    | 0.34%             | 2028-08-02      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                   | Sasol Financing USA LLC                                                   | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |   1019000 | PA      | $960577.88    | 0.53%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SierraCol Energy Andina LLC                                               | SierraCol Energy Andina LLC                                               | CUSIP: 82653NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    589000 | PA      | $597246.00    | 0.33%             | 2030-11-14      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Telecommunications co Telekom Srbija AD Belgrade                          | Telecommunications co Telekom Srbija AD Belgrade                          | CUSIP: 87945BAA8<br>LEI: 254900OVY0XI1DFYC092 | Long             | DBT              | NUSS              | RS        |    697000 | PA      | $697903.47    | 0.38%             | 2029-10-28      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Termocandelaria Power SA                                                  | Termocandelaria Power SA                                                  | CUSIP: 88087AAA6<br>LEI: 549300YDORW43JL6G659 | Long             | DBT              | CORP              | ES        |    376000 | PA      | $386603.20    | 0.21%             | 2031-09-17      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Trident Energy Finance plc                                                | Trident Energy Finance plc                                                | CUSIP: 89616MAB6<br>LEI: 9845004ECK3FYO64I382 | Long             | DBT              | CORP              | GB        |    448000 | PA      | $478297.89    | 0.26%             | 2029-11-30      | Fixed         | 12.50%                | Yes           |                  2 | On Loan: No      |
| Wolf Midstream Canada LP                                                  | Wolf Midstream Canada LP                                                  | CUSIP: 977734AA0<br>LEI: 2549001Q852MSO20OC46 | Long             | DBT              | CORP              | CA        |    813000 | PA      | $621264.03    | 0.34%             | 2029-07-18      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                           | Wynn Macau Ltd.                                                           | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    294000 | PA      | $291806.73    | 0.16%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Zegona Finance plc                                                        | Zegona Finance plc                                                        | CUSIP: N/A<br>LEI: 254900B3KC1SS7T2TE92       | Long             | DBT              | CORP              | GB        |    112500 | PA      | $137195.00    | 0.08%             | 2029-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ziggo BV                                                                  | Ziggo BV                                                                  | CUSIP: N/A<br>LEI: 213800TQASLF9JXH5J59       | Long             | DBT              | CORP              | NL        |    100000 | PA      | $110785.22    | 0.06%             | 2030-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Ziggo BV                                                                  | Ziggo BV                                                                  | CUSIP: N/A<br>LEI: 213800TQASLF9JXH5J59       | Long             | DBT              | CORP              | NL        |    260000 | PA      | $288041.57    | 0.16%             | 2030-01-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| ams-OSRAM AG                                                              | ams-OSRAM AG                                                              | CUSIP: N/A<br>LEI: 5299001JPPT2QFTV5D76       | Long             | DBT              | CORP              | AT        |    570000 | PA      | $704606.23    | 0.39%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                                | Vmed O2 UK Financing I plc                                                | CUSIP: N/A<br>LEI: 213800MRR46ECNGZ7L69       | Long             | DBT              | CORP              | GB        |    299000 | PA      | $383292.59    | 0.21%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ambipar Lux Sarl                                                          | Ambipar Lux Sarl                                                          | CUSIP: N/A<br>LEI: 9845008C0E14F9BDEK55       | Long             | DBT              | CORP              | LU        |    385000 | PA      | $56787.50     | 0.03%             | 2033-02-05      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Heimstaden AB                                                             | Heimstaden AB                                                             | CUSIP: N/A<br>LEI: 549300WD2QBD89VBPV88       | Long             | DBT              | CORP              | SE        |    200000 | PA      | $236880.07    | 0.13%             | 2026-10-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Flos B&b Italia SpA                                                       | Flos B&b Italia SpA                                                       | CUSIP: N/A<br>LEI: 815600907387ED411436       | Long             | DBT              | CORP              | IT        |    120000 | PA      | $147814.21    | 0.08%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Iliad Holding SAS                                                         | Iliad Holding SAS                                                         | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |    280000 | PA      | $331234.92    | 0.18%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Grifols SA                                                                | Grifols SA                                                                | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | DBT              | CORP              | ES        |    394000 | PA      | $480036.21    | 0.26%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                                       | Ardonagh Finco Ltd.                                                       | CUSIP: N/A<br>LEI: 254900D2T84O1K03BA28       | Long             | DBT              | CORP              | JE        |    363000 | PA      | $426524.28    | 0.24%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| iliad SA                                                                  | iliad SA                                                                  | CUSIP: N/A<br>LEI: 969500FZ9BTRZS3JNB97       | Long             | DBT              | CORP              | FR        |    300000 | PA      | $370456.81    | 0.20%             | 2030-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Verisure Midholding AB                                                    | Verisure Midholding AB                                                    | CUSIP: N/A<br>LEI: 549300496LYEZ55X1M49       | Long             | DBT              | CORP              | SE        |    591000 | PA      | $694403.57    | 0.38%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Amber Finco plc                                                           | Amber Finco plc                                                           | CUSIP: N/A<br>LEI: 9845004C0870D380O790       | Long             | DBT              | CORP              | GB        |    437000 | PA      | $530307.56    | 0.29%             | 2029-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Flos B&b Italia SpA                                                       | Flos B&b Italia SpA                                                       | CUSIP: N/A<br>LEI: 815600907387ED411436       | Long             | DBT              | CORP              | IT        |    326400 | PA      | $402054.66    | 0.22%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Arqiva Broadcast Finance plc                                              | Arqiva Broadcast Finance plc                                              | CUSIP: N/A<br>LEI: 5493007PMKIGKNYH2S25       | Long             | DBT              | CORP              | GB        |    300000 | PA      | $349398.27    | 0.19%             | 2030-07-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Czechoslovak Group A/S                                                    | Czechoslovak Group A/S                                                    | CUSIP: N/A<br>LEI: 315700SWFD7G70AVG768       | Long             | DBT              | CORP              | CZ        |    100000 | PA      | $120883.78    | 0.07%             | 2031-01-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kaixo Bondco Telecom SA                                                   | Kaixo Bondco Telecom SA                                                   | CUSIP: N/A<br>LEI: 959800ULWB3MZHZ69055       | Long             | DBT              | CORP              | ES        |    735000 | PA      | $866647.29    | 0.48%             | 2029-09-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Kaixo Bondco Telecom SA                                                   | Kaixo Bondco Telecom SA                                                   | CUSIP: N/A<br>LEI: 959800ULWB3MZHZ69055       | Long             | DBT              | CORP              | ES        |    100000 | PA      | $117911.19    | 0.07%             | 2029-09-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Odido Group Holding BV                                                    | Odido Group Holding BV                                                    | CUSIP: N/A<br>LEI: 724500FOAL1MNGOJKP07       | Long             | DBT              | CORP              | NL        |    752000 | PA      | $878091.07    | 0.48%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Petra Diamonds Ltd.                                                       | Petra Diamonds Ltd.                                                       | CUSIP: N/A<br>LEI: 213800X4QZIAVSA12860       | Long             | EC               | CORP              | BM        |     24457 | NS      | $5757.41      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandrite Monnet UK Holdco plc                                          | Alexandrite Monnet UK Holdco plc                                          | CUSIP: N/A<br>LEI: 254900UEO4639PJFQ079       | Long             | DBT              | CORP              | GB        |    414000 | PA      | $486508.18    | 0.27%             | 2031-05-31      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| 888 Acquisitions Ltd.                                                     | 888 Acquisitions Ltd.                                                     | CUSIP: N/A<br>LEI: 254900RFD0BP3JOPZU89       | Long             | DBT              | CORP              | GI        |    370000 | PA      | $493399.02    | 0.27%             | 2030-05-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Sorik Marapi Geothermal Power PT                                          | Sorik Marapi Geothermal Power PT                                          | CUSIP: N/A<br>LEI: 254900OW9VKG09S8C597       | Long             | DBT              | CORP              | ID        |    466650 | PA      | $473904.02    | 0.26%             | 2031-08-05      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Multiversity SpA                                                          | Multiversity SpA                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | IT        |    250000 | PA      | $304826.27    | 0.17%             | 2031-05-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bulgarian Energy Holding EAD                                              | Bulgarian Energy Holding EAD                                              | CUSIP: N/A<br>LEI: 635400E1RWKJXPSBCV07       | Long             | DBT              | NUSS              | BG        |    970000 | PA      | $1098849.31   | 0.61%             | 2028-07-22      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| FR Bondco SAS                                                             | FR Bondco SAS                                                             | CUSIP: N/A<br>LEI: 9695005XHXDZWSFICJ23       | Long             | DBT              | CORP              | FR        |    449000 | PA      | $527873.80    | 0.29%             | 2032-10-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ephios Subco 3 Sarl                                                       | Ephios Subco 3 Sarl                                                       | CUSIP: N/A<br>LEI: 213800E4EG6VFUFVEH64       | Long             | DBT              | CORP              | LU        |    100000 | PA      | $123753.81    | 0.07%             | 2031-01-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Iliad Holding SAS                                                         | Iliad Holding SAS                                                         | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |    151000 | PA      | $186183.31    | 0.10%             | 2031-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CD&R Firefly Bidco plc                                                    | CD&R Firefly Bidco plc                                                    | CUSIP: N/A<br>LEI: 213800OAU5VX61DYZ558       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $140124.20    | 0.08%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Altice France SA                                                          | Altice France SA                                                          | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | DBT              | CORP              | FR        |    384018 | PA      | $442740.90    | 0.24%             | 2031-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                                                 | Forvia SE                                                                 | CUSIP: N/A<br>LEI: 969500F0VMZLK2IULV85       | Long             | DBT              | CORP              | FR        |    534000 | PA      | $637316.06    | 0.35%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Amber Finco plc                                                           | Amber Finco plc                                                           | CUSIP: N/A<br>LEI: 9845004C0870D380O790       | Long             | DBT              | CORP              | GB        |    250000 | PA      | $303379.62    | 0.17%             | 2029-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Worldline SA                                                              | Worldline SA                                                              | CUSIP: N/A<br>LEI: 549300CJMQNCA0U4TS33       | Long             | DBT              | CORP              | FR        |    500000 | PA      | $515354.06    | 0.28%             | 2030-06-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                                         | Clarios Global LP                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    100000 | PA      | $117279.34    | 0.06%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Allwyn Entertainment Financing UK plc                                     | Allwyn Entertainment Financing UK plc                                     | CUSIP: N/A<br>LEI: 315700J7ZTIN8XGCX365       | Long             | DBT              | CORP              | GB        |    598000 | PA      | $680687.34    | 0.38%             | 2031-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                      | Samarco Mineracao SA                                                      | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |   1116213 | PA      | $1119858.55   | 0.62%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Pinnacle Bidco plc                                                        | Pinnacle Bidco plc                                                        | CUSIP: N/A<br>LEI: 2138006Z5V8OBL2A2Q06       | Long             | DBT              | CORP              | GB        |    560000 | PA      | $794488.61    | 0.44%             | 2028-10-11      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Mahle GmbH                                                                | Mahle GmbH                                                                | CUSIP: N/A<br>LEI: 52990098TR1QJBWIYG58       | Long             | DBT              | CORP              | DE        |    356000 | PA      | $433089.22    | 0.24%             | 2031-05-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Iliad Holding SAS                                                         | Iliad Holding SAS                                                         | CUSIP: N/A<br>LEI: 9695009BGMXB527HV965       | Long             | DBT              | CORP              | FR        |    224000 | PA      | $268089.03    | 0.15%             | 2030-04-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PLT VII Finance Sarl                                                      | PLT VII Finance Sarl                                                      | CUSIP: N/A<br>LEI: 894500SKZV4JDP64R249       | Long             | DBT              | CORP              | LU        |    448000 | PA      | $537611.48    | 0.30%             | 2031-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                               | Beach Acquisition Bidco LLC                                               | CUSIP: 07337JAE7<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    189000 | PA      | $220730.32    | 0.12%             | 2032-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PLT VII Finance Sarl                                                      | PLT VII Finance Sarl                                                      | CUSIP: N/A<br>LEI: 894500SKZV4JDP64R249       | Long             | DBT              | CORP              | LU        |    100000 | PA      | $120002.57    | 0.07%             | 2031-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fressnapf Holding SE                                                      | Fressnapf Holding SE                                                      | CUSIP: N/A<br>LEI: 529900NLSO3VLFW8JQ35       | Long             | DBT              | CORP              | DE        |    500000 | PA      | $582327.76    | 0.32%             | 2031-10-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                                                      | SoftBank Group Corp.                                                      | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | DBT              | CORP              | JP        |    450000 | PA      | $507703.23    | 0.28%             | 2032-07-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ipoteka-Bank ATIB                                                         | Ipoteka-Bank ATIB                                                         | CUSIP: N/A<br>LEI: 213800UWVX5JSNXJS434       | Long             | DBT              | CORP              | UZ        |    500000 | PA      | $501775.86    | 0.28%             | 2030-10-09      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Edge Finco plc                                                            | Edge Finco plc                                                            | CUSIP: N/A<br>LEI: 648835NI8LJE5190NT73       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $139708.13    | 0.08%             | 2031-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Cesar SpA                                                                 | Cesar SpA                                                                 | CUSIP: N/A<br>LEI: 815600136D7200E49057       | Long             | DBT              | CORP              | IT        |    200000 | PA      | $237212.38    | 0.13%             | 2031-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Czechoslovak Group A/S                                                    | Czechoslovak Group A/S                                                    | CUSIP: N/A<br>LEI: 315700SWFD7G70AVG768       | Long             | DBT              | CORP              | CZ        |    638000 | PA      | $771238.53    | 0.43%             | 2031-01-10      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Currenta Group Holdings Sarl                                              | Currenta Group Holdings Sarl                                              | CUSIP: N/A<br>LEI: 222100SF79KCJKYUPE47       | Long             | DBT              | CORP              | LU        |    504000 | PA      | $595025.20    | 0.33%             | 2030-05-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Itelyum Regeneration Spa                                                  | Itelyum Regeneration Spa                                                  | CUSIP: N/A<br>LEI: 815600051FBC23AA8A45       | Long             | DBT              | CORP              | IT        |    432000 | PA      | $510908.82    | 0.28%             | 2030-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Dometic Group AB                                                          | Dometic Group AB                                                          | CUSIP: N/A<br>LEI: 549300STIPMK5VSA7Y59       | Long             | DBT              | CORP              | SE        |    512000 | PA      | $592131.26    | 0.33%             | 2030-09-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maxam Prill Sarl                                                          | Maxam Prill Sarl                                                          | CUSIP: N/A<br>LEI: 984500C4C5B820A6B691       | Long             | DBT              | CORP              | LU        |    353000 | PA      | $418382.59    | 0.23%             | 2030-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MKS, Inc.                                                                 | MKS, Inc.                                                                 | CUSIP: N/A<br>LEI: 549300KEQATBHAGVF505       | Long             | DBT              | CORP              | US        |    618000 | PA      | $699983.16    | 0.39%             | 2034-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Aegis Lux 1a Sarl                                                         | Aegis Lux 1a Sarl                                                         | CUSIP: N/A<br>LEI: 529900WB6L9XYCR8YT98       | Long             | DBT              | CORP              | LU        |    421000 | PA      | $495249.69    | 0.27%             | 2031-10-29      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Punch Finance plc                                                         | Punch Finance plc                                                         | CUSIP: N/A<br>LEI: 2138006IJRIU1Q5DN388       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $137987.02    | 0.08%             | 2030-12-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Summer BidCo BV                                                           | Summer BidCo BV                                                           | CUSIP: N/A<br>LEI: 724500EOJYP21L3XM206       | Long             | DBT              | CORP              | NL        |    545000 | PA      | $646101.34    | 0.36%             | 2031-01-31      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SoftBank Group Corp.                                                      | SoftBank Group Corp.                                                      | CUSIP: N/A<br>LEI: 5493003BZYYYCDIO0R13       | Long             | DBT              | CORP              | JP        |    100000 | PA      | $115259.46    | 0.06%             | 2031-07-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Intrum Investments And Financing AB                                       | Intrum Investments And Financing AB, Series 1                             | CUSIP: N/A<br>LEI: 984500D7B1EFD7460452       | Long             | DBT              | CORP              | SE        |    681779 | PA      | $726952.57    | 0.40%             | 2028-09-11      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Gruppo San Donato SpA                                                     | Gruppo San Donato SpA                                                     | CUSIP: N/A<br>LEI: 8156003649DB0704FC22       | Long             | DBT              | CORP              | IT        |    150000 | PA      | $175827.44    | 0.10%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Gruppo San Donato SpA                                                     | Gruppo San Donato SpA                                                     | CUSIP: N/A<br>LEI: 8156003649DB0704FC22       | Long             | DBT              | CORP              | IT        |    343000 | PA      | $402058.75    | 0.22%             | 2031-10-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Eroski S Coop                                                             | Eroski S Coop                                                             | CUSIP: N/A<br>LEI: 959800J76YJMWZP6S661       | Long             | DBT              | CORP              | ES        |    431000 | PA      | $522176.83    | 0.29%             | 2031-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Termocandelaria Power SA                                                  | Termocandelaria Power SA                                                  | CUSIP: N/A<br>LEI: 549300YDORW43JL6G659       | Long             | DBT              | CORP              | ES        |    400000 | PA      | $411280.00    | 0.23%             | 2031-09-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| EURO                                                                      | EURO                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     11935 | OU      | $14008.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                                             | British Pound                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |         1 | OU      | $0.88         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Punch Finance plc                                                         | Punch Finance plc                                                         | CUSIP: N/A<br>LEI: 2138006IJRIU1Q5DN388       | Long             | DBT              | CORP              | GB        |    383000 | PA      | $528490.28    | 0.29%             | 2030-12-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Petra Diamonds US Treasury plc                                            | Petra Diamonds US Treasury plc                                            | CUSIP: N/A<br>LEI: 635400LZYOO6WHAO2H58       | Long             | DBT              | CORP              | GB        |    359667 | PA      | $199232.74    | 0.11%             | 2030-03-08      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Ephios Subco 3 SARL                                                       | Ephios Subco 3 SARL                                                       | CUSIP: N/A<br>LEI: 213800E4EG6VFUFVEH64       | Long             | DBT              | CORP              | LU        |    388000 | PA      | $480164.80    | 0.26%             | 2031-01-31      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Neopharmed Gentili SpA                                                    | Neopharmed Gentili SpA                                                    | CUSIP: N/A<br>LEI: 815600C8FD3DCB866E50       | Long             | DBT              | CORP              | IT        |    596000 | PA      | $720775.79    | 0.40%             | 2030-04-08      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CD&R Firefly Bidco plc                                                    | CD&R Firefly Bidco plc                                                    | CUSIP: N/A<br>LEI: 213800OAU5VX61DYZ558       | Long             | DBT              | CORP              | GB        |    350000 | PA      | $490434.68    | 0.27%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Multiversity SpA                                                          | Multiversity SpA                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | IT        |    310000 | PA      | $377984.57    | 0.21%             | 2031-05-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Edge Finco plc                                                            | Edge Finco plc                                                            | CUSIP: N/A<br>LEI: 648835NI8LJE5190NT73       | Long             | DBT              | CORP              | GB        |    414000 | PA      | $578391.70    | 0.32%             | 2031-08-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Cesar SpA                                                                 | Cesar SpA                                                                 | CUSIP: N/A<br>LEI: 815600136D7200E49057       | Long             | DBT              | CORP              | IT        |    450000 | PA      | $533727.84    | 0.29%             | 2031-09-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Biffa Group Holdings Ltd.                                                 | Biffa Group Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 21380012LWLXNMXB8I44       | Long             | DBT              | CORP              | JE        |    499000 | PA      | $578470.02    | 0.32%             | 2031-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Cheplapharm Arzneimittel GmbH                                             | Cheplapharm Arzneimittel GmbH                                             | CUSIP: N/A<br>LEI: 529900ONXKBELT7EW052       | Long             | DBT              | CORP              | DE        |    441000 | PA      | $517539.53    | 0.29%             | 2032-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FIS Fabbrica Italiana Sintetici SpA                                       | FIS Fabbrica Italiana Sintetici SpA                                       | CUSIP: N/A<br>LEI: 8156004D7056C63EC525       | Long             | DBT              | CORP              | IT        |    425000 | PA      | $493809.15    | 0.27%             | 2031-02-05      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** MFS Series Trust III

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer