Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Should You Invest in High-Yield Bond Mutual Funds?

Mutualfunds logo

MIGMX MFS® Massachusetts Inv Gr Stk R1

  • Fund
  • MIGMX
  • Price as of: Oct 13, 2017
  • $24.20
  • + $0.06
  • + 0.25%
  • Category
  • Large Cap Growth Equities

MIGMX - Profile

Vitals

  • YTD Return 21.2%
  • 3 Yr Annualized Return 10.1%
  • 5 Yr Annualized Return 12.3%
  • Net Assets $7.04 B
  • Holdings in Top 10 33.2%

52 WEEK LOW AND HIGH

$24.20
$19.96
$24.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.49%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 21.2%
  • 3 Yr Annualized Total Return 10.1%
  • 5 Yr Annualized Total Return 12.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.01%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name MFS® Massachusetts Investors Growth Stock Fund
  • Fund Family Name MFS
  • Inception Date Apr 01, 2005
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey C. Constantino

MIGMX - Performance

Return Ranking - Trailing

Period MIGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 21.2% -97.0% 36.5% 39.37% 2
1 Yr 16.4% -52.0% 75.7% 69.15% 4
3 Yr 10.1% * -15.1% 30.2% 48.46% 3
5 Yr 12.3% * -3.3% 20.4% 70.89% 4
10 Yr 7.5% * 0.6% 12.6% 49.19% 3

* Annualized


Return Ranking - Calendar

Period MIGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.6% -56.6% 121.2% 45.23% 3
2015 -7.0% -40.3% 11.4% 65.80% 4
2014 6.8% -30.1% 42.9% 21.77% 2
2013 27.0% -11.8% 56.4% 50.54% 3
2012 15.7% -21.6% 29.1% 29.68% 2

Total Return Ranking - Trailing

Period MIGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 21.2% -97.0% 36.5% 39.53% 2
1 Yr 16.4% -71.3% 2606.2% 56.23% 3
3 Yr 10.1% * -21.9% 43.7% 43.04% 3
5 Yr 12.3% * -4.4% 20.4% 66.57% 4
10 Yr 7.5% * 0.0% 12.6% 45.89% 3

* Annualized


Total Return Ranking - Calendar

Period MIGMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.6% -56.6% 126.1% 48.65% 3
2015 -0.8% -17.8% 28.8% 79.49% 5
2014 11.9% -10.0% 382.6% 52.39% 3
2013 34.4% -2.9% 615.0% 83.23% 5
2012 19.5% -100.0% 357.8% 67.86% 4

NAV & Total Return History

MIGMX - Holdings

Filings data as of: Aug 31, 2017

Concentration Analysis

MIGMX Category Low Category High MIGMX % Rank Quintile
Net Assets 7.04 B 373 K 169 B 3.34% 1
Number of Holdings 65 1 2176 9.90% 3
Net Assets in Top 10 2.32 B 0 42.4 B 3.47% 1
Weighting of Top 10 33.2% 0.0% 150.9% 19.41% 4

Top 10 Holdings

  1. Alphabet Inc A 6.42%
  2. Accenture PLC A 4.38%
  3. Visa Inc Class A 3.06%
  4. Colgate-Palmolive Co 2.56%
  5. Thermo Fisher Scientific Inc 3.02%
  6. Nike Inc B 2.55%
  7. Apple Inc 2.82%
  8. The Estee Lauder Companies Inc Class A 2.88%
  9. Microsoft Corp 3.01%
  10. Starbucks Corp 2.52%

Asset Allocation

Weighting Category Low Category High MIGMX % Rank Quintile
Stocks
99.76% 0.00% 105.74% 1.80% 1
Cash
0.24% -5.74% 100.00% 19.67% 4
Preferred Stocks
0.00% 0.00% 5.84% 2.89% 3
Other
0.00% -4.38% 24.55% 8.87% 4
Convertible Bonds
0.00% 0.00% 2.68% 0.84% 3
Bonds
0.00% 0.00% 77.09% 3.34% 3

Stock Sector Breakdown

Weighting Category Low Category High MIGMX % Rank Quintile
Technology
26.76% -1.29% 54.16% 15.55% 3
Healthcare
15.94% -1.03% 95.08% 12.40% 3
Consumer Cyclical
13.95% -2.22% 35.09% 18.57% 4
Financial Services
11.95% -2.38% 37.27% 15.17% 3
Consumer Defense
11.48% -1.43% 23.04% 2.31% 1
Industrials
10.71% -0.37% 26.97% 11.50% 2
Basic Materials
6.87% -1.18% 21.47% 1.86% 1
Communication Services
1.32% 0.00% 14.37% 17.54% 4
Energy
0.78% -1.24% 16.17% 18.19% 4
Utilities
0.00% -0.18% 10.82% 8.74% 3
Real Estate
0.00% -0.02% 11.06% 15.49% 4

Stock Geographic Breakdown

Weighting Category Low Category High MIGMX % Rank Quintile
US
91.18% 0.00% 101.47% 17.10% 3
Non US
8.58% 0.00% 90.05% 8.03% 2

MIGMX - Expenses

Operational Fees

MIGMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.49% 0.00% 24.91% 9.85% 4
Management Fee 0.33% 0.00% 1.50% 4.63% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.10% 5
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

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

Trading Fees

MIGMX Fees (% of AUM) Category Low Category High MIGMX 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.

MIGMX Fees (% of AUM) Category Low Category High MIGMX Rank Quintile
Turnover 24.00% 0.00% 601.00% 11.65% 1

MIGMX - Distributions

Dividend Yield Analysis

MIGMX Category Low Category High MIGMX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.83% 38.95% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

MIGMX Category Low Category High MIGMX % Rank Quintile
Net Income Ratio -0.01% -13.37% 3.70% 11.00% 3

Capital Gain Distribution Analysis

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

MIGMX - Managers

Jeffrey C. Constantino

Manager

Start Date

Nov 16, 2006

Tenure

10.88

Tenure Rank

4.2%

Constantino is a portfolio manager, and was an equity research analyst for 5 years until he was promoted to his current position at MFS in 2005. Prior to joining MFS in 2000, he was employed as a financial consultant in mergers and acquisitions for Arthur Andersen LLP. Constantino holds the Chartered Financial Analyst designation and Certified Public Accountant designation.


Tenure Analysis

Category Low

0.0

Category High

49.8

Category Average

7.53

Category Mode

2.8