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MACVX MFS Conservative Allocation C

  • Fund
  • MACVX
  • Price as of: Dec 02, 2016
  • $14.50
  • + $0.01
  • + 0.07%
  • Category
  • Diversified Portfolio

MACVX - Profile

Vitals

  • YTD Return 3.5%
  • 3 Yr Annualized Return 2.5%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $3.03 B
  • Holdings in Top 10 77.0%

52 WEEK LOW AND HIGH

$14.50
$13.49
$14.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 2.5%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name MFS® Conservative Allocation Fund
  • Fund Family Name MFS
  • Inception Date Jun 28, 2002
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Joseph C. Flaherty

Fund Description

The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser, referred to as underlying funds. Within the stock fund allocations, the adviser seeks to diversify globally (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds).

MACVX - Performance

Return Ranking - Trailing

Period MACVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.5% -66.0% 21.5% 46.92% 3
1 Yr 3.2% -35.0% 45.9% 37.35% 2
3 Yr 2.5% * -13.6% 11.8% 65.83% 4
5 Yr 4.6% * -11.6% 13.2% 73.04% 4
10 Yr 4.5% * -5.0% 8.2% 50.56% 3

* Annualized


Return Ranking - Calendar

Period MACVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.5% -37.7% 48.7% 14.57% 1
2014 1.5% -59.3% 14.8% 29.79% 2
2013 6.6% -17.5% 36.4% 52.16% 3
2012 8.1% -16.2% 18.4% 45.68% 3
2011 -0.6% -30.5% 7.4% 21.69% 2

Total Return Ranking - Trailing

Period MACVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.8% -65.8% 30.1% 59.15% 4
1 Yr 2.2% -38.3% 73.2% 40.35% 3
3 Yr 2.5% * -14.6% 28.2% 56.34% 3
5 Yr 4.6% * -11.9% 13.2% 69.91% 4
10 Yr 4.5% * -5.0% 8.2% 46.42% 3

* Annualized


Total Return Ranking - Calendar

Period MACVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -1.6% -29.3% 50.4% 38.41% 3
2014 3.3% -54.8% 25.4% 69.17% 4
2013 8.3% -16.7% 57.2% 70.41% 4
2012 10.6% -16.2% 74.5% 71.00% 4
2011 1.8% -25.3% 15.8% 32.29% 2

NAV & Total Return History

MACVX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

MACVX Category Low Category High MACVX % Rank Quintile
Net Assets 3.03 B 81.4 K 99.4 B 3.38% 1
Number of Holdings 24 1 12494 13.68% 4
Net Assets in Top 10 2.34 B -654 M 20.2 B 2.06% 1
Weighting of Top 10 77.0% 0.2% 272.7% 10.48% 2

Top 10 Holdings

  1. MFS Total Return Bond R6 15.03%
  2. MFS Government Securities R6 10.02%
  3. MFS Inflation-Adjusted Bond R6 10.03%
  4. MFS Limited Maturity R6 10.03%
  5. MFS Growth R6 5.96%
  6. MFS Value R6 5.99%
  7. MFS Research R6 5.97%
  8. MFS High Income R6 5.00%
  9. MFS Global Bond R6 4.99%
  10. MFS Research International R6 4.00%

Asset Allocation

Weighting Category Low Category High MACVX % Rank Quintile
Bonds
60.69% -41.48% 107.98% 3.70% 1
Stocks
36.35% -49.32% 147.79% 21.33% 4
Cash
2.71% -55.49% 139.25% 21.78% 4
Preferred Stocks
0.13% -1.01% 35.22% 8.24% 3
Other
0.07% -18.85% 98.84% 17.44% 5
Convertible Bonds
0.06% 0.00% 33.12% 6.96% 3

Stock Sector Breakdown

Weighting Category Low Category High MACVX % Rank Quintile
Financial Services
5.73% -5.07% 69.58% 16.34% 3
Technology
5.31% -8.03% 70.04% 17.50% 4
Industrials
4.86% -4.92% 48.84% 14.44% 3
Healthcare
4.82% -1.46% 29.90% 15.46% 3
Consumer Cyclical
4.57% -6.02% 54.37% 15.27% 3
Consumer Defense
4.04% -4.74% 27.69% 11.33% 3
Basic Materials
1.95% -2.13% 21.85% 10.45% 3
Real Estate
1.54% -8.01% 48.98% 13.93% 3
Energy
1.45% -2.68% 33.46% 17.60% 4
Communication Services
1.17% -2.53% 27.16% 11.79% 4
Utilities
0.73% -7.18% 47.20% 12.02% 4

Stock Geographic Breakdown

Weighting Category Low Category High MACVX % Rank Quintile
US
27.53% -97.12% 142.85% 20.18% 4
Non US
8.82% -2.98% 150.26% 15.65% 3

Bond Sector Breakdown

Weighting Category Low Category High MACVX % Rank Quintile
Government
23.69% -91.64% 76.37% 4.12% 1
Corporate
23.12% -20.43% 93.55% 8.28% 2
Securitized
13.53% -0.01% 40.54% 5.68% 2
Cash & Equivalents
2.71% -54.77% 138.37% 21.33% 4
Municipal
0.25% 0.00% 91.28% 6.45% 2
Derivative
0.00% -84.53% 36.75% 2.84% 2

Bond Geographic Breakdown

Weighting Category Low Category High MACVX % Rank Quintile
US
47.05% -154.38% 94.16% 5.08% 1
Non US
13.64% -57.44% 198.64% 3.62% 1

MACVX - Expenses

Operational Fees

MACVX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.08% 0.00% 165.34% 14.10% 3
Management Fee 0.00% 0.00% 2.55% 5.50% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.06% 5
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

MACVX Fees (% of AUM) Category Low Category High MACVX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load 1.00% 0.75% 5.50% 1.46% 2

Trading Fees

MACVX Fees (% of AUM) Category Low Category High MACVX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MACVX Fees (% of AUM) Category Low Category High MACVX Rank Quintile
Turnover 5.00% 0.00% 5609.00% 14.58% 1

MACVX - Distributions

Dividend Yield Analysis

MACVX Category Low Category High MACVX % Rank Quintile
Dividend Yield 0.1% 0.00% 11.33% 46.91% 4

Dividend Distribution Analysis

MACVX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MACVX Category Low Category High MACVX % Rank Quintile
Net Income Ratio 0.71% -2.96% 9.94% 16.44% 4

Capital Gain Distribution Analysis

MACVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

MACVX - Managers

Joseph C. Flaherty

Manager

Start Date

Jun 28, 2002

Tenure

14.35

Tenure Rank

0.9%

Joseph C. Flaherty, Jr., is an investment officer and chief investment risk officer at MFS Investment Management® (MFS®). He serves as the director of the MFS' Quantitative Solutions group and is a portfolio manager of the firm's asset allocation portfolios. Joe joined MFS as a fixed-income quantitative research associate in 1993 and was named quantitative research analyst in 1996. He became manager of the Quantitative Research Group and portfolio manager in 1999, director of Fixed Income Quantitative Research in 2004, and director of the Quantitative Solutions Team in 2005. He earned a Bachelor of Science degree in mechanical engineering from Tufts University in 1984 and an MBA from Bentley College in 1990.


Tenure Analysis

Category Low

0.0

Category High

35.9

Category Average

5.42

Category Mode

4.8