MFS Moderate Allocation A
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
9.2%
1 yr return
17.1%
3 Yr Avg Return
11.0%
5 Yr Avg Return
10.0%
Net Assets
$7.36 B
Holdings in Top 10
73.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--50% to 70% Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
MAMAX - Profile
Distributions
- YTD Total Return 9.2%
- 3 Yr Annualized Total Return 8.8%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.23%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameMFS Moderate Allocation Fund
-
Fund Family NameMFS
-
Inception DateJun 28, 2002
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoseph 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).
MAMAX - Performance
Return Ranking - Trailing
| Period | MAMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -3.4% | 108.5% | 65.53% |
| 1 Yr | 17.1% | -5.2% | 66.4% | 71.67% |
| 3 Yr | 11.0%* | -3.2% | 18.7% | 26.57% |
| 5 Yr | 10.0%* | 0.6% | 16.2% | 40.77% |
| 10 Yr | 9.4%* | 2.6% | 14.3% | 61.37% |
* Annualized
Return Ranking - Calendar
| Period | MAMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 9.4% | -39.0% | 28.7% | 28.72% |
| 2019 | 16.4% | -13.1% | 26.1% | 20.00% |
| 2018 | -10.0% | -32.7% | 0.0% | 31.77% |
| 2017 | 9.8% | -6.5% | 22.4% | 34.85% |
| 2016 | 3.7% | -43.7% | 18.6% | 51.05% |
Total Return Ranking - Trailing
| Period | MAMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -3.4% | 108.5% | 65.65% |
| 1 Yr | 10.4% | -5.2% | 66.4% | 94.66% |
| 3 Yr | 8.8%* | -3.2% | 18.7% | 59.25% |
| 5 Yr | 8.7%* | -0.5% | 16.2% | 62.66% |
| 10 Yr | 8.7%* | 1.9% | 14.3% | 72.12% |
* Annualized
Total Return Ranking - Calendar
| Period | MAMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 9.4% | -39.0% | 28.7% | 28.72% |
| 2019 | 16.4% | -13.1% | 26.1% | 23.64% |
| 2018 | -4.4% | -32.7% | 0.8% | 14.40% |
| 2017 | 14.8% | -3.7% | 31.9% | 24.75% |
| 2016 | 6.5% | -43.7% | 19.8% | 43.55% |
NAV & Total Return History
MAMAX - Holdings
Concentration Analysis
| MAMAX | Category Low | Category High | MAMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.36 B | 50 | 209 B | 16.83% |
| Number of Holdings | 23 | 1 | 15392 | 74.23% |
| Net Assets in Top 10 | 5.57 B | -197 M | 47.4 B | 8.51% |
| Weighting of Top 10 | 73.93% | 8.5% | 100.0% | 27.26% |
Top 10 Holdings
- MFS Government Securities R6 9.84%
- MFS Total Return Bond R6 8.87%
- MFS Growth R6 8.12%
- MFS Research R6 8.04%
- MFS Value R6 8.02%
- MFS Mid Cap Growth R6 7.17%
- MFS Mid Cap Value R6 7.02%
- MFS Inflation-Adjusted Bond R6 6.91%
- MFS Research International R6 5.01%
- MFS Global Opportunistic Bd R6 4.92%
Asset Allocation
| Weighting | Return Low | Return High | MAMAX % Rank | |
|---|---|---|---|---|
| Stocks | 56.63% | 0.00% | 135.66% | 77.92% |
| Bonds | 38.81% | 0.00% | 118.02% | 17.00% |
| Cash | 7.10% | -54.99% | 100.00% | 20.21% |
| Convertible Bonds | 0.38% | 0.00% | 26.51% | 67.49% |
| Preferred Stocks | 0.00% | 0.00% | 21.17% | 96.34% |
| Other | -2.91% | -6.69% | 67.29% | 97.87% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MAMAX % Rank | |
|---|---|---|---|---|
| Technology | 18.64% | 0.00% | 55.61% | 52.43% |
| Financial Services | 14.97% | 0.00% | 56.11% | 50.42% |
| Industrials | 13.10% | 0.00% | 33.21% | 14.83% |
| Healthcare | 12.46% | 0.00% | 52.26% | 62.87% |
| Consumer Cyclical | 9.37% | 0.00% | 39.16% | 62.99% |
| Real Estate | 8.04% | 0.00% | 99.15% | 15.90% |
| Communication Services | 7.91% | 0.00% | 28.34% | 60.74% |
| Consumer Defense | 6.16% | 0.00% | 27.35% | 57.77% |
| Basic Materials | 4.73% | 0.00% | 34.29% | 35.11% |
| Utilities | 2.87% | 0.00% | 99.35% | 45.67% |
| Energy | 1.75% | 0.00% | 59.30% | 83.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MAMAX % Rank | |
|---|---|---|---|---|
| US | 40.59% | 0.00% | 134.30% | 77.42% |
| Non US | 16.04% | 0.00% | 36.57% | 37.59% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | MAMAX % Rank | |
|---|---|---|---|---|
| Government | 32.36% | 0.00% | 100.00% | 33.69% |
| Derivative | 21.14% | 0.00% | 32.65% | 2.48% |
| Corporate | 19.42% | 0.00% | 99.51% | 87.23% |
| Securitized | 15.10% | 0.00% | 90.03% | 52.13% |
| Cash & Equivalents | 10.94% | 0.00% | 100.00% | 49.53% |
| Municipal | 1.03% | 0.00% | 98.19% | 21.39% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | MAMAX % Rank | |
|---|---|---|---|---|
| US | 29.03% | 0.00% | 65.18% | 39.01% |
| Non US | 9.78% | -17.26% | 95.28% | 12.65% |
MAMAX - Expenses
Operational Fees
| MAMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.91% | 0.06% | 5.49% | 57.13% |
| Management Fee | 0.00% | 0.00% | 2.00% | 13.66% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.97% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| MAMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 0.00% | 5.75% | 15.51% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MAMAX 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.
| MAMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.00% | 0.00% | 435.00% | 4.61% |
MAMAX - Distributions
Dividend Yield Analysis
| MAMAX | Category Low | Category High | MAMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.82% | 0.00% | 2.99% | 84.97% |
Dividend Distribution Analysis
| MAMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| MAMAX | Category Low | Category High | MAMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.23% | -2.06% | 11.02% | 59.39% |
Capital Gain Distribution Analysis
| MAMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 27, 2019 | $0.034 |
| Sep 26, 2018 | $0.061 |
| Jun 27, 2018 | $0.048 |
| Mar 27, 2018 | $0.029 |
| Sep 27, 2017 | $0.046 |
| Jun 28, 2017 | $0.035 |
| Mar 29, 2017 | $0.033 |
| Sep 27, 2016 | $0.046 |
| Jun 28, 2016 | $0.022 |
| Mar 29, 2016 | $0.018 |
| Sep 28, 2015 | $0.037 |
| Jun 25, 2015 | $0.036 |
| Mar 26, 2015 | $0.026 |
| Sep 25, 2014 | $0.045 |
| Jun 26, 2014 | $0.056 |
| Mar 27, 2014 | $0.039 |
| Dec 27, 2013 | $0.140 |
| Sep 25, 2013 | $0.039 |
| Jun 26, 2013 | $0.052 |
| Mar 27, 2013 | $0.036 |
| Dec 27, 2012 | $0.151 |
| Sep 25, 2012 | $0.079 |
| Jun 26, 2012 | $0.067 |
| Mar 22, 2012 | $0.005 |
| Dec 27, 2011 | $0.164 |
| Sep 27, 2011 | $0.094 |
| Jun 23, 2011 | $0.050 |
| Mar 24, 2011 | $0.040 |
| Dec 28, 2010 | $0.288 |
| Dec 28, 2009 | $0.338 |
| Dec 30, 2003 | $0.133 |
MAMAX - Fund Manager Analysis
Managers
Joseph Flaherty
Start Date
Tenure
Tenure Rank
Jun 28, 2002
19.27
19.3%
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 Shapiro
Start Date
Tenure
Tenure Rank
Sep 01, 2018
3.08
3.1%
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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 37.78 | 6.29 | 1.75 |