Massachusetts Investors Growth Stock Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
20.3%
3 Yr Avg Return
5.1%
5 Yr Avg Return
12.0%
Net Assets
$12.5 B
Holdings in Top 10
44.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 17.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MIGMX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 12.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.54%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMassachusetts Investors Growth Stock Fund
-
Fund Family NameMFS
-
Inception DateApr 01, 2005
-
Shares OutstandingN/A
-
Share ClassR1
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Constantino
MIGMX - Performance
Return Ranking - Trailing
Period | MIGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -39.2% | 19.3% | 86.76% |
1 Yr | 20.3% | -24.8% | 65.1% | 93.44% |
3 Yr | 5.1%* | -30.8% | 22.0% | 45.06% |
5 Yr | 12.0%* | -16.0% | 28.0% | 66.41% |
10 Yr | 12.4%* | -5.5% | 18.8% | 61.83% |
* Annualized
Return Ranking - Calendar
Period | MIGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.4% | -74.1% | 72.4% | 89.62% |
2022 | -23.7% | -85.9% | 4.7% | 10.10% |
2021 | 10.0% | -52.4% | 60.5% | 43.25% |
2020 | 11.2% | -34.3% | 145.0% | 94.20% |
2019 | 27.6% | -21.8% | 49.4% | 34.27% |
Total Return Ranking - Trailing
Period | MIGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.9% | -39.2% | 19.3% | 86.76% |
1 Yr | 20.3% | -24.8% | 65.1% | 93.44% |
3 Yr | 5.1%* | -30.8% | 22.0% | 45.06% |
5 Yr | 12.0%* | -16.0% | 28.0% | 66.41% |
10 Yr | 12.4%* | -5.5% | 18.8% | 61.83% |
* Annualized
Total Return Ranking - Calendar
Period | MIGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | -4.6% | 72.4% | 89.71% |
2022 | -19.9% | -61.7% | 5.6% | 9.31% |
2021 | 25.3% | -39.8% | 118.1% | 26.29% |
2020 | 21.5% | 2.8% | 149.2% | 90.25% |
2019 | 38.8% | -5.2% | 49.4% | 7.05% |
NAV & Total Return History
MIGMX - Holdings
Concentration Analysis
MIGMX | Category Low | Category High | MIGMX % Rank | |
---|---|---|---|---|
Net Assets | 12.5 B | 242 K | 269 B | 18.10% |
Number of Holdings | 56 | 1 | 3217 | 55.18% |
Net Assets in Top 10 | 5.58 B | 104 K | 111 B | 20.80% |
Weighting of Top 10 | 44.61% | 0.7% | 205.0% | 69.19% |
Top 10 Holdings
- Microsoft Corp. 14.02%
- Apple, Inc. 5.07%
- Alphabet, Inc., Class A 4.83%
- Visa, Inc., Class A 4.64%
- Accenture plc, Class A 3.69%
- Amphenol Corp., Class A 2.79%
- NVIDIA Corp. 2.68%
- Aon plc, Class A 2.36%
- Church Dwight Co., Inc. 2.30%
- ICON plc 2.23%
Asset Allocation
Weighting | Return Low | Return High | MIGMX % Rank | |
---|---|---|---|---|
Stocks | 99.42% | 0.00% | 130.05% | 34.72% |
Cash | 1.29% | -1.50% | 173.52% | 43.55% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 41.94% |
Other | 0.00% | -43.49% | 50.04% | 46.60% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 32.82% |
Bonds | 0.00% | 0.00% | 104.15% | 35.99% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MIGMX % Rank | |
---|---|---|---|---|
Technology | 35.05% | 0.00% | 65.70% | 52.38% |
Healthcare | 14.35% | 0.00% | 39.76% | 33.93% |
Communication Services | 11.51% | 0.00% | 66.40% | 39.37% |
Financial Services | 10.38% | 0.00% | 43.06% | 39.12% |
Consumer Cyclical | 10.13% | 0.00% | 62.57% | 84.86% |
Consumer Defense | 9.43% | 0.00% | 25.50% | 5.44% |
Industrials | 4.74% | 0.00% | 30.65% | 64.88% |
Real Estate | 1.94% | 0.00% | 16.05% | 30.10% |
Basic Materials | 1.36% | 0.00% | 18.91% | 45.15% |
Utilities | 1.11% | 0.00% | 16.07% | 16.33% |
Energy | 0.00% | 0.00% | 41.09% | 66.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MIGMX % Rank | |
---|---|---|---|---|
US | 95.30% | 0.00% | 130.05% | 80.39% |
Non US | 4.13% | 0.00% | 78.10% | 13.33% |
MIGMX - Expenses
Operational Fees
MIGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.46% | 0.01% | 19.54% | 20.09% |
Management Fee | 0.33% | 0.00% | 1.50% | 11.17% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 86.36% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
MIGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MIGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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 Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 17.00% | 0.00% | 316.74% | 19.56% |
MIGMX - Distributions
Dividend Yield Analysis
MIGMX | Category Low | Category High | MIGMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.22% | 0.00% | 27.99% | 35.71% |
Dividend Distribution Analysis
MIGMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MIGMX | Category Low | Category High | MIGMX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.54% | -6.13% | 3.48% | 66.64% |
Capital Gain Distribution Analysis
MIGMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.068 | OrdinaryDividend |
Dec 17, 2019 | $2.256 | OrdinaryDividend |
Dec 18, 2018 | $0.081 | OrdinaryDividend |
Dec 19, 2017 | $0.065 | OrdinaryDividend |
Dec 20, 2016 | $0.029 | OrdinaryDividend |
Dec 17, 2015 | $0.042 | OrdinaryDividend |
Dec 17, 2013 | $0.094 | OrdinaryDividend |
Dec 18, 2012 | $0.037 | OrdinaryDividend |
Dec 17, 2009 | $0.000 | OrdinaryDividend |
Dec 20, 2007 | $0.040 | OrdinaryDividend |
Dec 16, 2004 | $0.045 | OrdinaryDividend |
MIGMX - Fund Manager Analysis
Managers
Jeffrey Constantino
Start Date
Tenure
Tenure Rank
Nov 16, 2006
15.55
15.6%
Jeffrey C. Constantino is a portfolio manager, and was an equity research analyst for 5 years until he was promoted to his current position at Massachusetts Financial Services Company 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.
Joseph Skorski
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Skorski joined MFS in 2007 and has more than two decades of investment experience. During his tenure at the firm, he has had both equity research analyst and portfolio management responsibilities. He joined the portfolio management team of the MFS® Global Growth Equity and MFS® Global Growth Concentrated Equity strategies in 2018 and previously had portfolio management responsibilities for the firm’s Japan Equity strategy.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.22 | 3.08 |