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MAGWX MFS Growth Allocation A

  • Fund
  • MAGWX
  • Price as of: Dec 08, 2016
  • $18.71
  • + $0.03
  • + 0.16%
  • Category
  • Large Cap Growth Equities

MAGWX - Profile

Vitals

  • YTD Return 8.0%
  • 3 Yr Annualized Return 3.7%
  • 5 Yr Annualized Return 8.6%
  • Net Assets $4.97 B
  • Holdings in Top 10 75.0%

52 WEEK LOW AND HIGH

$18.71
$15.82
$18.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 3.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 8.0%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.00%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

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

Fund Description

The MFS Growth Allocation Fund Class A (MAGWX) is an actively managed, aggressively allocated fund that seeks to increase invested capital. MAGWX is a fund of funds that invests in 21 different MFS mutual funds across a variety of asset classes in order to achieve its mandate of growing value. Given its aggressive stance, the fund is heavily invested in stocks over fixed-income securities.

With its all-in-one nature, MAGWX is perfect as a core solution for investors with high risk tolerances. The fund is managed by MFS Investment Management.

MAGWX - Performance

Return Ranking - Trailing

Period MAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.0% -97.0% 126.7% 17.99% 1
1 Yr 4.2% -52.0% 75.7% 24.74% 2
3 Yr 3.7% * -15.1% 30.2% 88.76% 5
5 Yr 8.6% * 3.8% 18.5% 93.85% 5
10 Yr 5.2% * -0.3% 11.9% 87.45% 5

* Annualized


Return Ranking - Calendar

Period MAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.4% -52.0% 11.4% 53.97% 3
2014 2.1% -40.3% 19.3% 39.14% 3
2013 18.6% -11.8% 56.4% 78.60% 5
2012 13.8% -21.6% 29.1% 48.65% 3
2011 -4.5% -36.6% 14.5% 57.92% 4

Total Return Ranking - Trailing

Period MAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.0% -97.0% 131.7% 19.44% 1
1 Yr -1.8% -71.3% 2606.2% 68.77% 4
3 Yr 1.6% * -21.9% 43.7% 96.11% 5
5 Yr 7.3% * 2.6% 19.7% 97.04% 5
10 Yr 4.5% * -0.9% 11.9% 92.38% 5

* Annualized


Total Return Ranking - Calendar

Period MAGWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.9% -38.0% 19.0% 77.32% 5
2014 4.0% -17.3% 28.8% 90.97% 5
2013 22.2% -2.9% 382.6% 93.60% 5
2012 17.9% -13.0% 615.0% 75.72% 4
2011 -2.7% -100.0% 67.8% 47.84% 3

NAV & Total Return History

MAGWX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

MAGWX Category Low Category High MAGWX % Rank Quintile
Net Assets 4.97 B 373 K 146 B 3.73% 1
Number of Holdings 24 1 2199 11.95% 5
Net Assets in Top 10 3.78 B 0 36 B 1.61% 1
Weighting of Top 10 75.0% 0.0% 150.9% 1.16% 1

Top 10 Holdings

  1. MFS Growth R6 10.99%
  2. MFS Value R6 11.02%
  3. MFS Mid Cap Growth R6 9.00%
  4. MFS Mid Cap Value R6 9.00%
  5. MFS Research R6 8.00%
  6. MFS Research International R6 7.02%
  7. MFS International Value R6 4.97%
  8. MFS High Income R6 5.01%
  9. MFS Inflation-Adjusted Bond R6 5.02%
  10. MFS International Growth R6 4.95%

Asset Allocation

Weighting Category Low Category High MAGWX % Rank Quintile
Stocks
73.50% 0.00% 110.73% 23.26% 5
Bonds
22.68% -0.14% 76.74% 0.51% 1
Cash
3.39% -10.73% 100.00% 8.42% 2
Other
0.29% -1.57% 24.55% 5.91% 2
Preferred Stocks
0.10% 0.00% 5.54% 1.99% 1
Convertible Bonds
0.03% 0.00% 3.55% 0.58% 1

Stock Sector Breakdown

Weighting Category Low Category High MAGWX % Rank Quintile
Financial Services
11.36% -2.38% 33.61% 12.21% 2
Technology
10.67% -1.29% 53.71% 29.11% 5
Industrials
9.81% -0.37% 25.68% 14.65% 3
Consumer Cyclical
9.32% -2.22% 49.24% 26.22% 5
Healthcare
9.27% -1.03% 91.28% 25.32% 5
Consumer Defense
8.57% -1.43% 27.63% 10.93% 3
Basic Materials
4.11% -1.18% 12.25% 4.69% 1
Real Estate
4.01% -0.04% 11.06% 2.63% 1
Energy
2.69% -1.24% 16.88% 12.40% 2
Communication Services
2.16% 0.00% 12.93% 15.62% 4
Utilities
1.43% -0.64% 11.30% 4.43% 1

Stock Geographic Breakdown

Weighting Category Low Category High MAGWX % Rank Quintile
US
51.86% 0.00% 110.73% 27.63% 5
Non US
21.64% 0.00% 89.90% 0.96% 1

Bond Sector Breakdown

Weighting Category Low Category High MAGWX % Rank Quintile
Corporate
10.74% -0.14% 51.31% 0.45% 1
Government
10.03% 0.00% 80.64% 0.52% 1
Cash & Equivalents
3.39% -72.78% 100.00% 8.14% 2
Securitized
1.90% 0.00% 15.17% 0.32% 1
Municipal
0.05% 0.00% 5.83% 0.45% 1
Derivative
0.00% -5.28% 10.62% 0.58% 3

Bond Geographic Breakdown

Weighting Category Low Category High MAGWX % Rank Quintile
US
14.68% -24.92% 63.33% 0.51% 1
Non US
8.00% 0.00% 42.95% 0.39% 1

MAGWX - Expenses

Operational Fees

MAGWX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.36% 0.00% 24.91% 16.66% 1
Management Fee 0.00% 0.00% 1.50% 5.66% 1
12b-1 Fee 0.25% 0.00% 1.00% 1.15% 2
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

MAGWX Fees (% of AUM) Category Low Category High MAGWX Rank Quintile
Front Load 5.75% 1.50% 8.50% 1.20% 4
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

MAGWX Fees (% of AUM) Category Low Category High MAGWX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% 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.

MAGWX Fees (% of AUM) Category Low Category High MAGWX Rank Quintile
Turnover 3.00% 0.00% 601.00% 14.86% 1

MAGWX - Distributions

Dividend Yield Analysis

MAGWX Category Low Category High MAGWX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.85% 12.27% 1

Dividend Distribution Analysis

MAGWX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MAGWX Category Low Category High MAGWX % Rank Quintile
Net Income Ratio 1.00% -7.69% 3.70% 4.24% 1

Capital Gain Distribution Analysis

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

MAGWX - Managers

Joseph C. Flaherty

Manager

Start Date

Jun 28, 2002

Tenure

14.44

Tenure Rank

2.0%

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

49.0

Category Average

7.2

Category Mode

1.9