MAGEX: MFS Growth Allocation R3

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MAGEX MFS Growth Allocation R3

MAGEX - Profile

Vitals

  • YTD Return 19.2%
  • 3 Yr Annualized Return 5.4%
  • 5 Yr Annualized Return 4.2%
  • Net Assets $5.06 B
  • Holdings in Top 10 75.2%

52 WEEK LOW AND HIGH

$21.40
$17.71
$21.50

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 3.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 19.2%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.90%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name MFS Growth Allocation Fund
  • Fund Family Name MFS
  • Inception Date Apr 01, 2005
  • Shares Outstanding N/A
  • Share Class Retirement
  • 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).

MAGEX - Performance

Return Ranking - Trailing

Period MAGEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.2% 4.3% 19.4% 3.36%
1 Yr 3.2% -8.6% 14.7% 18.49%
3 Yr 5.4%* -2.9% 31.3% 18.26%
5 Yr 4.2%* -2.6% 24.3% 20.00%
10 Yr 5.9%* -1.3% 13.2% 32.20%

* Annualized


Return Ranking - Calendar

Period MAGEX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.8% -27.1% -7.0% 23.93%
2017 13.4% 0.0% 184.8% 19.13%
2016 4.5% -9.5% 209.2% 26.13%
2015 -5.4% -19.9% -2.5% 31.68%
2014 2.2% -11.8% 5.6% 9.47%

Total Return Ranking - Trailing

Period MAGEX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.2% 4.3% 19.4% 3.36%
1 Yr 10.2% -7.7% 14.7% 4.20%
3 Yr 10.5%* -2.9% 31.3% 4.35%
5 Yr 8.5%* -2.2% 30.0% 5.71%
10 Yr 9.1%* 0.0% 17.6% 10.17%

* Annualized


Total Return Ranking - Calendar

Period MAGEX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.8% -27.1% -2.9% 6.84%
2017 19.0% 0.0% 184.8% 9.57%
2016 7.5% -9.5% 216.9% 15.32%
2015 -0.9% -19.5% -0.5% 3.96%
2014 3.8% -11.8% 7.3% 24.21%

NAV & Total Return History

MAGEX - Holdings

Concentration Analysis

MAGEX Category Low Category High MAGEX % Rank
Net Assets 5.06 B 22.6 M 14.4 B 20.66%
Number of Holdings 21 2 1847 84.30%
Net Assets in Top 10 3.79 B 15.4 M 10.8 B 19.83%
Weighting of Top 10 75.18% 13.2% 354.1% 44.63%

Top 10 Holdings

  1. MFS Growth R6 11.18%

  2. MFS Value R6 11.02%

  3. MFS Mid Cap Growth R6 9.13%

  4. MFS Mid Cap Value R6 8.92%

  5. MFS Research R6 8.07%

  6. MFS Research International R6 6.92%

  7. MFS Inflation-Adjusted Bond R6 4.99%

  8. MFS International Intrinsic Value R6 4.99%

  9. MFS International Growth R6 4.99%

  10. MFS High Income R6 4.97%


Asset Allocation

Weighting Return Low Return High MAGEX % Rank
Stocks
74.67% 0.00% 79.25% 47.93%
Bonds
21.75% 9.24% 69.80% 57.02%
Cash
3.41% -9.15% 4.96% 45.45%
Convertible Bonds
0.16% 0.00% 4.24% 55.37%
Other
0.01% -3.44% 59.60% 77.69%
Preferred Stocks
0.00% 0.00% 12.11% 86.78%

Stock Sector Breakdown

Weighting Return Low Return High MAGEX % Rank
Technology
13.52% 0.00% 18.82% 48.76%
Financial Services
11.71% 0.00% 18.97% 56.20%
Industrials
10.84% 0.04% 16.49% 11.57%
Healthcare
8.68% 0.00% 10.22% 33.88%
Consumer Cyclical
7.42% 0.00% 10.84% 59.50%
Consumer Defense
6.68% 0.00% 8.88% 9.92%
Real Estate
6.30% 0.12% 26.98% 30.58%
Basic Materials
3.99% 0.00% 23.35% 33.88%
Utilities
2.21% 0.07% 26.86% 51.24%
Energy
2.02% 0.00% 31.29% 91.74%
Communication Services
1.28% 0.01% 7.26% 86.78%

Stock Geographic Breakdown

Weighting Return Low Return High MAGEX % Rank
US
53.20% 0.00% 56.57% 34.71%
Non US
21.47% 0.00% 55.70% 75.21%

Bond Sector Breakdown

Weighting Return Low Return High MAGEX % Rank
Government
10.38% -1.12% 38.08% 33.06%
Corporate
9.07% 0.42% 30.59% 69.42%
Cash & Equivalents
3.40% -15.90% 4.99% 39.67%
Securitized
2.43% 0.00% 21.12% 78.51%
Municipal
0.11% 0.00% 3.92% 33.06%
Derivative
-0.06% -14.55% 9.99% 79.34%

Bond Geographic Breakdown

Weighting Return Low Return High MAGEX % Rank
US
14.60% -1.63% 67.13% 84.30%
Non US
7.15% -11.09% 46.23% 16.53%

MAGEX - Expenses

Operational Fees

MAGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.00% 2.76% 73.95%
Management Fee 0.00% 0.00% 1.00% 23.14%
12b-1 Fee 0.25% 0.00% 1.00% 37.68%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MAGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MAGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 0.25% 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.

MAGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 3.00% 3.00% 479.00% 9.09%

MAGEX - Distributions

Dividend Yield Analysis

MAGEX Category Low Category High MAGEX % Rank
Dividend Yield 1.81% 0.00% 10.06% 80.17%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

MAGEX Category Low Category High MAGEX % Rank
Net Income Ratio 1.90% 0.14% 5.46% 36.97%

Capital Gain Distribution Analysis

MAGEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

MAGEX - Managers

Joseph C. Flaherty

Manager

Start Date

Tenure

Tenure Rank

Jun 28, 2002

17.27

17.3%

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

1.08

1.1%

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

0.07

Category High

22.95

Category Average

6.22

Category Mode

5.57