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MITTX MFS Massachusetts Investors Tr A

  • Fund
  • MITTX
  • Price as of: Dec 08, 2016
  • $29.52
  • + $0.14
  • + 0.48%
  • Category
  • Large Cap Growth Equities

MITTX - Profile

Vitals

  • YTD Return 8.3%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 13.2%
  • Net Assets $5.8 B
  • Holdings in Top 10 25.9%

52 WEEK LOW AND HIGH

$29.52
$24.27
$29.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.00%

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 Large Blend

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 11.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.84%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name MFS® Massachusetts Investors Trust
  • Fund Family Name MFS
  • Inception Date Jul 15, 1924
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Edward (ted) M. Maloney

Fund Description

The fund normally invests the fund's assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. While it may invest the fund's assets in companies of any size, the fund primarily invests in companies with large capitalizations. It may invest the fund's assets in foreign securities.

MITTX - Performance

Return Ranking - Trailing

Period MITTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 8.3% -97.0% 126.7% 16.23% 1
1 Yr 4.7% -52.0% 75.7% 21.70% 2
3 Yr 6.9% * -15.1% 30.2% 46.93% 3
5 Yr 13.2% * 3.8% 18.5% 35.99% 2
10 Yr 6.9% * -0.3% 11.9% 48.14% 3

* Annualized


Return Ranking - Calendar

Period MITTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.4% -52.0% 11.4% 54.23% 3
2014 4.0% -40.3% 19.3% 29.71% 2
2013 29.1% -11.8% 56.4% 39.98% 3
2012 15.0% -21.6% 29.1% 37.59% 2
2011 -2.8% -36.6% 14.5% 45.03% 3

Total Return Ranking - Trailing

Period MITTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.1% -97.0% 131.7% 13.42% 1
1 Yr -1.3% -71.3% 2606.2% 64.87% 4
3 Yr 4.9% * -21.9% 43.7% 72.19% 4
5 Yr 11.8% * 2.6% 19.7% 59.83% 4
10 Yr 6.2% * -0.9% 11.9% 62.86% 4

* Annualized


Total Return Ranking - Calendar

Period MITTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.3% -38.0% 19.0% 69.72% 4
2014 12.7% -17.3% 28.8% 44.84% 3
2013 39.8% -2.9% 382.6% 69.69% 4
2012 26.4% -13.0% 615.0% 39.51% 2
2011 -2.5% -100.0% 67.8% 45.95% 3

NAV & Total Return History

MITTX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

MITTX Category Low Category High MITTX % Rank Quintile
Net Assets 5.8 B 373 K 146 B 3.28% 1
Number of Holdings 79 1 2199 8.55% 2
Net Assets in Top 10 1.48 B 0 36 B 3.98% 1
Weighting of Top 10 25.9% 0.0% 150.9% 25.32% 5

Top 10 Holdings

  1. JPMorgan Chase & Co 3.48%
  2. Danaher Corp 2.25%
  3. Visa Inc Class A 3.14%
  4. Alphabet Inc A 2.71%
  5. Thermo Fisher Scientific Inc 2.60%
  6. American Tower Corp 2.53%
  7. Schlumberger Ltd 2.16%
  8. Bank of America Corporation 2.71%
  9. Broadcom Ltd 2.23%
  10. Alphabet Inc C 2.11%

Asset Allocation

Weighting Category Low Category High MITTX % Rank Quintile
Stocks
99.39% 0.00% 110.73% 3.66% 1
Cash
0.61% -10.73% 100.00% 18.64% 4
Other
0.00% -1.57% 24.55% 7.39% 4
Convertible Bonds
0.00% 0.00% 3.55% 0.71% 3
Preferred Stocks
0.00% 0.00% 5.54% 2.44% 3
Bonds
0.00% -0.14% 76.74% 3.53% 3

Stock Sector Breakdown

Weighting Category Low Category High MITTX % Rank Quintile
Financial Services
22.30% -2.38% 33.61% 1.74% 1
Technology
15.23% -1.29% 53.71% 26.93% 5
Healthcare
13.41% -1.03% 91.28% 19.22% 4
Consumer Defense
12.35% -1.43% 27.63% 2.96% 1
Consumer Cyclical
12.03% -2.22% 49.24% 22.24% 4
Industrials
10.95% -0.37% 25.68% 10.86% 2
Energy
4.82% -1.24% 16.88% 8.16% 2
Communication Services
4.48% 0.00% 12.93% 6.11% 2
Basic Materials
3.27% -1.18% 12.25% 7.71% 2
Utilities
0.56% -0.64% 11.30% 5.91% 1
Real Estate
0.00% -0.04% 11.06% 14.33% 4

Stock Geographic Breakdown

Weighting Category Low Category High MITTX % Rank Quintile
US
91.61% 0.00% 110.73% 16.00% 4
Non US
7.78% 0.00% 89.90% 6.94% 2

MITTX - Expenses

Operational Fees

MITTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.72% 0.00% 24.91% 14.47% 1
Management Fee 0.33% 0.00% 1.50% 4.50% 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

MITTX Fees (% of AUM) Category Low Category High MITTX 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

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

MITTX Fees (% of AUM) Category Low Category High MITTX Rank Quintile
Turnover 18.00% 0.00% 601.00% 12.80% 1

MITTX - Distributions

Dividend Yield Analysis

MITTX Category Low Category High MITTX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.85% 38.33% 3

Dividend Distribution Analysis

MITTX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MITTX Category Low Category High MITTX % Rank Quintile
Net Income Ratio 0.84% -7.69% 3.70% 5.14% 1

Capital Gain Distribution Analysis

MITTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

MITTX - Managers

Edward (ted) M. Maloney

Manager

Start Date

Apr 01, 2012

Tenure

4.67

Tenure Rank

8.0%

Edward (Ted) M. Maloney is an Investment Officer and the Director of U.S. Research at MFS Investment Management® (MFS®). He also serves as a portfolio manager on US Core Equity strategies. Ted joined MFS in 2005 and was named Director of US Research in 2011. He was named portfolio manager in 2012. Prior to joining MFS, he was an analyst and founding partner for Lyceum Capital, LP. He also spent two years as a research associate for Fidelity Management & Research Company. Ted is a graduate of Bowdoin College.


T. Kevin Beatty

Manager

Start Date

Jul 01, 2004

Tenure

12.42

Tenure Rank

2.7%

Kevin Beatty is an investment officer and the director of equity, North America, at MFS Investment Management® (MFS®). He is also a portfolio manager of large-cap core portfolios. Kevin joined MFS in 2002 as an equity research analyst and was named portfolio manager in 2004. Prior to assuming the role of director of equity, North America in 2011, he served as director of US Research beginning 2007. Previously, he was an equity analyst/sector head for State Street Research Management Co. and an investment research analyst for Fleet Investment Advisors.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.2

Category Mode

1.9