MFS Blended Research Small Cap Eq 529A
Name
As of 05/20/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-16.8%
1 yr return
-7.1%
3 Yr Avg Return
6.1%
5 Yr Avg Return
8.2%
Net Assets
$331 M
Holdings in Top 10
16.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.04%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 80.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/20/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BRSNX - Profile
Distributions
- YTD Total Return -16.8%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 6.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
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Legal NameMFS Blended Research Small Cap Equity Fund
-
Fund Family NameMFS
-
Inception DateJul 14, 2016
-
Shares OutstandingN/A
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Share ClassA
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
MFS (Massachusetts Financial Services Company, the fund’s investment adviser) seeks to achieve the fund’s objective by actively identifying potential investments based on fundamental and quantitative analysis and then constructing a portfolio from these potential investments while managing various risk factors (e.g., issuer, industry, and sector weightings, market capitalization, and volatility) compared to the Russell 2000® Index, which represents the fund’s investment universe.
MFS normally invests at least 80% of the fund’s net assets in equity securities of issuers with small market capitalizations. MFS generally defines small market capitalization issuers as issuers with market capitalizations similar to those of issuers included in the Russell 2000® Index over the last 13 months at the time of purchase. As of August 31, 2022, the range of the market capitalizations of the issuers in the Russell 2000® Index was between approximately $22.59 million and $10.69 billion.
Equity securities include common stocks, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
In selecting investments for the fund, MFS is not constrained by any particular investment style. MFS may invest the fund’s assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
MFS may invest the fund’s assets in foreign securities.
MFS normally invests the fund’s assets across different industries and sectors, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry or sector.
MFS uses an active bottom-up approach to buying and selling investments for the fund. Investments are selected primarily based on blending fundamental and quantitative research. MFS uses fundamental analysis of individual issuers to determine a fundamental rating for an issuer. MFS uses quantitative analysis to determine a quantitative rating for an issuer. MFS combines the fundamental rating with the quantitative rating to create a blended rating for an issuer. When an MFS fundamental rating is not available, MFS treats the issuer as having a neutral fundamental rating.
MFS constructs the portfolio using a portfolio optimization process that considers the blended rating, as well as issuer, industry, and sector weightings, market capitalization, volatility, and other factors. The portfolio managers have the discretion to adjust the inputs and parameters used in the optimization process and the fund’s portfolio holdings based on factors such as the desired portfolio characteristics and the portfolio managers’ qualitative assessment of the optimization results. MFS’ goal is to construct an actively managed portfolio with a target predicted tracking error of approximately 3% compared to the Russell 2000® Index. Tracking error generally measures how the differences between the fund’s returns and the Russell 2000® Index’s returns have varied over a period of time.
For purposes of the fund’s 80% policy, net assets include the amount of any borrowings for investment purposes.
BRSNX - Performance
Return Ranking - Trailing
Period | BRSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.8% | -59.3% | 152.4% | 24.47% |
1 Yr | -7.1% | -59.2% | 117.7% | 2.45% |
3 Yr | 6.1%* | -28.5% | 26.6% | 8.53% |
5 Yr | 8.2%* | -23.2% | 9.7% | 1.99% |
10 Yr | N/A* | -10.6% | 15.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | BRSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -71.0% | 40.7% | 37.83% |
2022 | 1.4% | -30.0% | 45.2% | 82.65% |
2021 | 23.9% | -25.4% | 350.1% | 1.06% |
2020 | -10.9% | -31.9% | 5.2% | 92.70% |
2019 | 9.9% | -62.1% | 21.1% | 0.79% |
Total Return Ranking - Trailing
Period | BRSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.8% | -59.3% | 152.4% | 23.00% |
1 Yr | -12.5% | -59.2% | 117.7% | 10.60% |
3 Yr | 4.0%* | -28.5% | 26.6% | 15.70% |
5 Yr | 6.9%* | -23.2% | 9.7% | 3.99% |
10 Yr | N/A* | -7.0% | 15.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BRSNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -71.0% | 40.7% | 37.83% |
2022 | 1.4% | -30.0% | 45.2% | 82.65% |
2021 | 23.9% | -25.4% | 27.7% | 1.06% |
2020 | -5.7% | -31.9% | 7.8% | 66.24% |
2019 | 13.4% | -3.8% | 26.5% | 2.37% |
NAV & Total Return History
BRSNX - Holdings
Concentration Analysis
BRSNX | Category Low | Category High | BRSNX % Rank | |
---|---|---|---|---|
Net Assets | 331 M | 1.48 M | 120 B | 53.19% |
Number of Holdings | 162 | 2 | 2519 | 47.84% |
Net Assets in Top 10 | 58.8 M | 6 K | 4.6 B | 53.44% |
Weighting of Top 10 | 16.33% | 2.6% | 100.0% | 46.34% |
Top 10 Holdings
- Box Inc Class A 1.85%
- National Storage Affiliates Trust 1.73%
- Univar Solutions Inc 1.70%
- Hostess Brands Inc Class A 1.68%
- Portland General Electric Co 1.68%
- Comfort Systems USA Inc 1.65%
- Cathay General Bancorp 1.63%
- International Game Technology PLC 1.62%
- Lexington Realty Trust 1.61%
- Lexington Realty Trust 1.61%
Asset Allocation
Weighting | Return Low | Return High | BRSNX % Rank | |
---|---|---|---|---|
Stocks | 99.27% | 25.32% | 100.32% | 26.88% |
Cash | 0.74% | -79.10% | 74.68% | 72.96% |
Preferred Stocks | 0.00% | 0.00% | 5.85% | 97.76% |
Other | 0.00% | -8.80% | 6.95% | 95.52% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 97.76% |
Bonds | 0.00% | 0.00% | 72.07% | 98.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BRSNX % Rank | |
---|---|---|---|---|
Healthcare | 16.88% | 0.00% | 26.53% | 10.02% |
Technology | 16.35% | 0.00% | 54.70% | 23.91% |
Financial Services | 14.79% | 0.00% | 35.52% | 62.36% |
Industrials | 13.51% | 2.46% | 37.42% | 94.51% |
Consumer Cyclical | 10.95% | 0.00% | 47.79% | 56.06% |
Real Estate | 8.83% | 0.00% | 29.43% | 31.50% |
Energy | 6.70% | 0.00% | 37.72% | 36.03% |
Basic Materials | 6.09% | 0.00% | 18.66% | 20.03% |
Consumer Defense | 3.25% | 0.00% | 18.87% | 73.02% |
Utilities | 1.69% | 0.00% | 18.58% | 70.92% |
Communication Services | 0.96% | 0.00% | 14.85% | 87.72% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BRSNX % Rank | |
---|---|---|---|---|
US | 97.95% | 24.89% | 100.00% | 23.52% |
Non US | 1.32% | 0.00% | 36.31% | 59.04% |
BRSNX - Expenses
Operational Fees
BRSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.04% | 0.03% | 2.78% | 42.95% |
Management Fee | 0.65% | 0.00% | 1.50% | 40.96% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 67.82% |
Administrative Fee | 0.05% | 0.01% | 0.45% | 16.84% |
Sales Fees
BRSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 0.00% | 5.75% | 48.00% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BRSNX 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.
BRSNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 80.00% | 0.20% | 314.00% | 78.64% |
BRSNX - Distributions
Dividend Yield Analysis
BRSNX | Category Low | Category High | BRSNX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.88% | 99.04% |
Dividend Distribution Analysis
BRSNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
BRSNX | Category Low | Category High | BRSNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.20% | -2.40% | 2.49% | 47.48% |
Capital Gain Distribution Analysis
BRSNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 16, 2020 | $0.059 | OrdinaryDividend |
Dec 17, 2019 | $0.220 | OrdinaryDividend |
Dec 18, 2018 | $0.041 | OrdinaryDividend |
Dec 19, 2017 | $0.026 | OrdinaryDividend |