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MINIX MFS International Value I

  • Fund
  • MINIX
  • Price as of: Dec 02, 2016
  • $36.28
  • + $0.02
  • + 0.06%
  • Category
  • Foreign Large Cap Value Equities

MINIX - Profile

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 10.8%
  • Net Assets $25.1 B
  • Holdings in Top 10 28.2%

52 WEEK LOW AND HIGH

$36.28
$32.64
$39.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2015-05-29

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Foreign Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Foreign Large Blend

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 10.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.71%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name MFS® International Value Fund
  • Fund Family Name MFS
  • Inception Date Jan 02, 1997
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Benjamin Stone

Fund Description

The MFS International Value Fund Class I (MINIX) is a low-cost, actively managed fund that focuses on growing capital. The fund focuses its attention on large and mid-cap international stocks in developed markets that fund management believes are undervalued. MINIX’s managers use fundamental analysis, mainly the price-cash flows and price-sales, price-book and price-earnings metrics when selecting stocks for the portfolio.

Given its low costs and focus on value equities overseas, MINIX makes for a great subcore position in a portfolio. The fund is managed by MFS Investment Management.

MINIX - Performance

Return Ranking - Trailing

Period MINIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.6% -23.0% 212.6% 18.56% 1
1 Yr 5.5% -25.2% 57.8% 6.33% 1
3 Yr 5.6% * -10.7% 8.0% 1.49% 1
5 Yr 10.8% * -1.2% 10.9% 0.83% 1
10 Yr 6.0% * -3.3% 6.0% 0.54% 1

* Annualized


Return Ranking - Calendar

Period MINIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.4% -16.2% 5.0% 4.26% 1
2014 -1.8% -27.4% 0.6% 2.59% 1
2013 24.9% 0.0% 29.4% 7.69% 1
2012 14.0% -2.3% 26.2% 42.73% 3
2011 -3.4% -24.3% 0.0% 1.44% 1

Total Return Ranking - Trailing

Period MINIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.6% -23.0% 213.5% 19.05% 1
1 Yr 5.5% -22.4% 47.1% 5.72% 1
3 Yr 5.6% * -10.7% 65.3% 1.49% 1
5 Yr 10.8% * -1.5% 10.9% 0.83% 1
10 Yr 6.0% * -3.3% 6.0% 0.54% 1

* Annualized


Total Return Ranking - Calendar

Period MINIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 7.0% -14.4% 8.8% 4.26% 1
2014 1.6% -19.3% 4.4% 2.59% 1
2013 30.9% 0.0% 35.5% 7.69% 1
2012 18.8% -2.6% 36.5% 55.95% 3
2011 -2.1% -25.6% 0.0% 1.44% 1

NAV & Total Return History

MINIX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

MINIX Category Low Category High MINIX % Rank Quintile
Net Assets 25.1 B 3 M 25.1 B 0.33% 1
Number of Holdings 122 2 5057 10.26% 2
Net Assets in Top 10 7.07 B 3.1 M 7.07 B 0.33% 1
Weighting of Top 10 28.2% 5.5% 100.0% 7.95% 2

Top 10 Holdings

  1. Danone SA 3.50%
  2. Nestle SA 4.26%
  3. Reckitt Benckiser Group PLC 3.22%
  4. KDDI Corp 2.32%
  5. Compass Group PLC 2.46%
  6. Brambles Ltd 2.80%
  7. Henkel AG & Co KGaA Pfd Shs - Non-voting 2.51%
  8. NVIDIA Corp 2.78%
  9. Taiwan Semiconductor Manufacturing Co Ltd ADR 2.25%
  10. Pernod Ricard SA 2.09%

Asset Allocation

Weighting Category Low Category High MINIX % Rank Quintile
Stocks
97.86% 55.43% 102.12% 14.90% 3
Cash
2.14% -2.12% 31.41% 8.94% 2
Other
0.00% -0.21% 5.91% 21.52% 5
Convertible Bonds
0.00% 0.00% 0.00% 0.33% 5
Preferred Stocks
0.00% 0.00% 3.34% 6.29% 5
Bonds
0.00% -0.15% 13.16% 6.62% 5

Stock Sector Breakdown

Weighting Category Low Category High MINIX % Rank Quintile
Consumer Defense
29.93% 0.00% 29.93% 0.33% 1
Technology
18.39% 0.00% 20.79% 1.32% 1
Industrials
16.17% 1.10% 25.88% 2.32% 1
Financial Services
11.23% 0.00% 34.32% 29.14% 5
Basic Materials
5.24% 0.57% 23.66% 25.50% 5
Healthcare
4.88% 0.08% 19.00% 27.81% 5
Consumer Cyclical
4.57% 0.00% 19.63% 30.13% 5
Real Estate
4.00% 0.00% 8.50% 5.96% 2
Communication Services
2.56% 0.00% 15.36% 28.81% 5
Energy
0.90% 0.90% 19.75% 31.13% 5
Utilities
0.00% 0.00% 21.13% 26.49% 5

Stock Geographic Breakdown

Weighting Category Low Category High MINIX % Rank Quintile
Non US
87.70% 19.30% 99.99% 29.14% 5
US
10.16% -0.31% 53.09% 1.66% 1

MINIX - Expenses

Operational Fees

MINIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.85% 0.01% 4.41% 45.36% 1
Management Fee 0.63% 0.00% 1.30% 9.60% 1
12b-1 Fee 0.00% 0.00% 1.00% 5.98% 1
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

MINIX Fees (% of AUM) Category Low Category High MINIX Rank Quintile
Front Load N/A 0.08% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

MINIX Fees (% of AUM) Category Low Category High MINIX Rank Quintile
Max Redemption Fee N/A 0.08% 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.

MINIX Fees (% of AUM) Category Low Category High MINIX Rank Quintile
Turnover 14.00% 1.00% 236.00% 21.59% 1

MINIX - Distributions

Dividend Yield Analysis

MINIX Category Low Category High MINIX % Rank Quintile
Dividend Yield N/A 0.01% 1.51% N/A N/A

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

MINIX Category Low Category High MINIX % Rank Quintile
Net Income Ratio 1.71% -0.17% 4.57% 28.81% 3

Capital Gain Distribution Analysis

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

MINIX - Managers

Benjamin Stone

Manager

Start Date

Nov 20, 2008

Tenure

7.95

Tenure Rank

6.8%

Benjamin Stone is an investment officer and international equity portfolio manager for MFS Investment Management® (MFS®). He serves as comanager for certain global and international strategies. He is based in MFS' London office. Benjamin joined MFS in 2005 after spending nine years as a research analyst for Schroders Investment Management. He assumed his current responsibilities in 2008. Benjamin is a graduate of Durham University, where he earned a Bachelor of Arts degree.


Pablo de la Mata

Manager

Start Date

Sep 30, 2014

Tenure

2.09

Tenure Rank

16.3%

Pablo De la Mata is an investment officer of MFS Investment Management® (MFS®) and a non-U.S. equity research analyst responsible for identifying the most attractive investment opportunities in his assigned universe - health care, technology and the automotive sector within capital goods. Mr. De la Mata works closely with portfolio managers to ensure ideas are properly positioned within the portfolios. He is based in MFS’s London office but works primarily from his home in Portugal. Pablo joined MFS in 2008.


Tenure Analysis

Category Low

0.0

Category High

23.4

Category Average

5.77

Category Mode

4.8