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MACVX MFS Conservative Allocation C

  • Fund
  • MACVX
  • Price as of: Jul 19, 2019
  • $15.72 - $0.04 - 0.25%
  • Category
  • Diversified Portfolio
  • Fund Company
  • MFS

MACVX - Profile

Vitals

  • YTD Return 11.4%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 1.3%
  • Net Assets $2.93 B
  • Holdings in Top 10 77.3%

52 WEEK LOW AND HIGH

$15.72
$14.05
$15.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.07%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 11.7%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name MFS Conservative Allocation Fund
  • Fund Family Name MFS
  • Inception Date Jun 28, 2002
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Joseph C. Flaherty

Fund Description

The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser, referred to as underlying funds. Within the stock fund allocations, the adviser seeks to diversify by geography (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds).

MACVX - Performance

Return Ranking - Trailing

Period MACVX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.4% -52.8% 25.5% 41.64%
1 Yr 2.0% -63.1% 12.7% 13.92%
3 Yr 2.1%* -27.4% 12.9% 32.71%
5 Yr 1.3%* -24.0% 8.4% 18.31%
10 Yr 4.0%* -14.6% 9.4% 43.40%

* Annualized


Return Ranking - Calendar

Period MACVX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.7% -34.6% 1.6% 23.33%
2017 6.1% -12.4% 33.2% 54.33%
2016 2.8% -65.8% 23.3% 55.50%
2015 -3.5% -64.9% 4.8% 15.50%
2014 1.5% -29.5% 68.3% 37.69%

Total Return Ranking - Trailing

Period MACVX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.7% -52.8% 25.5% 41.07%
1 Yr 6.2% -60.9% 12.7% 6.87%
3 Yr 5.4%* -22.8% 13.0% 36.70%
5 Yr 3.9%* -21.3% 47.3% 34.27%
10 Yr 6.4%* -12.3% 12.5% 56.15%

* Annualized


Total Return Ranking - Calendar

Period MACVX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.8% -32.7% 1.6% 13.96%
2017 10.0% -8.4% 33.2% 56.70%
2016 4.6% -65.2% 23.3% 66.82%
2015 -1.6% -62.9% 9.2% 33.44%
2014 3.2% -28.5% 76.9% 61.91%

NAV & Total Return History

MACVX - Holdings

Concentration Analysis

MACVX Category Low Category High MACVX % Rank
Net Assets 2.93 B 604 K 147 B 19.45%
Number of Holdings 22 2 13482 68.15%
Net Assets in Top 10 2.2 B -120 M 26.4 B 13.48%
Weighting of Top 10 77.27% 5.5% 3196.0% 36.49%

Top 10 Holdings

  1. MFS Total Return Bond R6 15.18%

  2. MFS Inflation-Adjusted Bond R6 10.16%

  3. MFS Government Securities R6 10.12%

  4. MFS Limited Maturity R6 10.05%

  5. MFS Growth R6 5.94%

  6. MFS Research R6 5.89%

  7. MFS Value R6 5.87%

  8. MFS Global Bond R6 5.05%

  9. MFS High Income R6 5.01%

  10. MFS Mid Cap Growth R6 4.00%


Asset Allocation

Weighting Return Low Return High MACVX % Rank
Bonds
59.67% 0.00% 261.66% 18.69%
Stocks
36.81% -21.52% 135.47% 70.69%
Cash
3.14% -283.85% 353.31% 62.49%
Convertible Bonds
0.47% 0.00% 26.85% 36.17%
Preferred Stocks
0.00% 0.00% 65.70% 70.06%
Other
-0.11% -253.31% 53.08% 89.89%

Stock Sector Breakdown

Weighting Return Low Return High MACVX % Rank
Technology
6.59% -3.22% 31.95% 62.50%
Financial Services
5.91% -0.41% 47.66% 66.39%
Industrials
5.22% -0.36% 27.15% 48.60%
Healthcare
4.51% -1.99% 45.45% 63.90%
Consumer Cyclical
3.54% -9.59% 42.25% 68.24%
Consumer Defense
3.16% -4.62% 17.45% 58.61%
Real Estate
2.87% -3.22% 75.65% 32.97%
Basic Materials
1.85% -1.56% 22.61% 48.72%
Utilities
1.13% -0.16% 23.50% 63.90%
Energy
1.08% -2.23% 28.27% 85.71%
Communication Services
0.93% -0.92% 6.89% 71.17%

Stock Geographic Breakdown

Weighting Return Low Return High MACVX % Rank
US
27.71% -23.38% 134.61% 64.53%
Non US
9.10% -76.83% 74.42% 56.01%

Bond Sector Breakdown

Weighting Return Low Return High MACVX % Rank
Government
22.70% -57.27% 316.66% 15.07%
Corporate
20.71% 0.00% 86.09% 30.77%
Securitized
16.18% -31.43% 45.07% 22.76%
Cash & Equivalents
3.06% -277.47% 353.31% 58.55%
Municipal
0.56% 0.00% 99.83% 12.27%
Derivative
0.00% -234.33% 46.84% 32.99%

Bond Geographic Breakdown

Weighting Return Low Return High MACVX % Rank
US
47.27% -215.69% 201.54% 23.39%
Non US
12.40% -64.26% 220.06% 17.10%

MACVX - Expenses

Operational Fees

MACVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.00% 11.64% 43.99%
Management Fee 0.00% 0.00% 2.50% 1.91%
12b-1 Fee 1.00% 0.00% 1.00% 78.07%
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

MACVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 25.51%

Trading Fees

MACVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% 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.

MACVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 6067.00% 3.31%

MACVX - Distributions

Dividend Yield Analysis

MACVX Category Low Category High MACVX % Rank
Dividend Yield 0.00% 0.00% 1.02% 75.02%

Dividend Distribution Analysis

MACVX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

MACVX Category Low Category High MACVX % Rank
Net Income Ratio 1.31% -4.09% 6.99% 64.72%

Capital Gain Distribution Analysis

MACVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

MACVX - Managers

Joseph C. Flaherty

Manager

Start Date

Tenure

Tenure Rank

Jun 28, 2002

17.02

17.0%

Joseph C. Flaherty, Jr., is an investment officer and chief investment risk officer at MFS Investment Management® (MFS®). He serves as the director of the MFS' Quantitative Solutions group and is a portfolio manager of the firm's asset allocation portfolios. Joe joined MFS as a fixed-income quantitative research associate in 1993 and was named quantitative research analyst in 1996. He became manager of the Quantitative Research Group and portfolio manager in 1999, director of Fixed Income Quantitative Research in 2004, and director of the Quantitative Solutions Team in 2005.


Natalie I. Shapiro

Manager

Start Date

Tenure

Tenure Rank

Sep 01, 2018

0.83

0.8%

Natalie I. Shapiro, Ph.D. is an Investment Officer, Portfolio Manager and Quantitative Fixed Income Research Analyst at MFS Investment Management® (MFS®). Prior to joining MFS in 1997, Natalie served as a research associate for the Federal Reserve Bank of Boston. Natalie has earned a bachelor's degree from Wellesley College and a doctorate from the University of Pennsylvania.


Tenure Analysis

Category Low

0.0

Category High

38.52

Category Average

6.47

Category Mode

7.12