MFS Moderate Allocation A

Snapshot

Compare

Profile

Performance

MAMAX - Snapshot

Vitals

YTD Return 9.5%
3 Yr Annualized Return 6.9%
5 Yr Annualized Return 7.5%
Net Assets $5.84 B
Holdings in Top 10 73.9%

52 WEEK LOW AND HIGH

$20.37

$14.65

$20.37

Expenses

OPERATING RELATED FEES

Expense Ratio 0.34%

SALES FEES

Front Load 5.75%
Deferred Load N/A

BROKERAGE FEES

Turnover 8.00%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Standard (Taxable) $1,000
IRA $250

Fund Classification

Primary Theme
U.S. Balanced Allocation
Fund Type Open End Mutual Fund
Investment Style Allocation--50% to 70% Equity

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

American Funds American Balanced Fund®

Fund

$30.36

-0.16%

$166.16 B

1.32%

$0.40

6.53%

Vanguard Wellington™ Fund

Fund

$46.18

-0.26%

$104.44 B

2.17%

$1.00

6.45%

Vanguard Balanced Index Fund

Fund

$43.70

-0.07%

$46.53 B

1.30%

$0.57

11.39%

T. Rowe Price Capital Appreciation Fund

Fund

$36.15

0.00%

$40.35 B

1.33%

$0.48

15.79%

Fidelity® Balanced Fund

Fund

$27.65

0.00%

$36.20 B

1.44%

$0.40

12.40%

MAMAX - Profile

Distributions

YTD Total Return 9.5%
3 Yr Annualized Total Return 4.8%
5 Yr Annualized Total Return 6.3%
Capital Gain Distribution Frequency Annually
Net Income Ratio 1.79%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Quarterly

Fund Details

Legal Name

MFS Moderate Allocation Fund
Fund Family Name

MFS
Inception Date

Jun 28, 2002
Shares Outstanding

N/A
Share Class

A
Currency

USD
Domiciled Country

United States
Manager

Joseph 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	9.5%	-40.7%	30.5%	33.59%
1 Yr	6.6%	-21.7%	26.7%	30.52%
3 Yr	6.9%*	-4.7%	12.9%	21.11%
5 Yr	7.5%*	-0.8%	11.3%	22.76%
10 Yr	7.3%*	0.4%	11.8%	46.49%

* Annualized

Return Ranking - Calendar

Period	MAMAX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	16.4%	-5.8%	25.7%	19.68%
2018	-10.0%	-32.7%	0.0%	32.42%
2017	9.8%	-6.5%	22.4%	35.43%
2016	3.7%	-43.7%	23.3%	51.42%
2015	-6.3%	-32.5%	2.6%	48.26%

Total Return Ranking - Trailing

Period	MAMAX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	9.5%	-40.7%	30.5%	33.59%
1 Yr	0.5%	-21.7%	26.7%	71.78%
3 Yr	4.8%*	-4.7%	12.9%	52.38%
5 Yr	6.3%*	-0.8%	11.3%	49.36%
10 Yr	6.7%*	0.4%	11.8%	63.38%

* Annualized

Total Return Ranking - Calendar

Period	MAMAX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	16.4%	-5.8%	25.7%	22.86%
2018	-4.4%	-32.7%	0.8%	15.41%
2017	14.8%	-3.7%	31.9%	24.70%
2016	6.5%	-43.7%	23.3%	43.97%
2015	-0.9%	-32.5%	5.6%	26.36%

NAV & Total Return History

MAMAX - Holdings

Concentration Analysis

	MAMAX	Category Low	Category High	MAMAX % Rank
Net Assets	5.84 B	716 K	166 B	17.18%
Number of Holdings	22	2	14317	70.46%
Net Assets in Top 10	4.39 B	654 K	30 B	11.69%
Weighting of Top 10	73.93%	9.3%	100.0%	34.32%

Top 10 Holdings

MFS Government Securities R6 9.84%
MFS Growth R6 8.18%
MFS Research R6 8.06%
MFS Value R6 7.97%
MFS Total Return Bond R6 7.87%
MFS Mid Cap Growth R6 7.23%
MFS Mid Cap Value R6 6.94%
MFS Inflation-Adjusted Bond R6 6.92%
MFS Research International R6 5.98%
MFS High Income R6 4.94%

Asset Allocation

	Weighting	Return Low	Return High	MAMAX % Rank
Stocks	56.36%	0.00%	134.22%	76.50%
Bonds	38.01%	-2.18%	97.64%	26.35%
Cash	5.24%	-34.22%	89.35%	36.13%
Convertible Bonds	0.34%	0.00%	26.75%	65.07%
Other	0.05%	-3.55%	30.21%	38.68%
Preferred Stocks	0.00%	0.00%	28.13%	89.66%

Stock Sector Breakdown

	Weighting	Return Low	Return High	MAMAX % Rank
Technology	18.45%	0.00%	48.90%	60.72%
Healthcare	13.83%	0.00%	36.21%	63.27%
Industrials	13.27%	0.00%	35.09%	13.19%
Financial Services	12.93%	0.00%	100.00%	64.47%
Consumer Cyclical	8.72%	0.00%	24.29%	74.81%
Real Estate	8.32%	0.00%	100.00%	8.70%
Consumer Defense	7.64%	0.00%	17.85%	46.03%
Communication Services	7.18%	0.00%	43.64%	78.26%
Basic Materials	4.89%	0.00%	30.87%	20.24%
Utilities	3.09%	0.00%	100.00%	43.93%
Energy	1.68%	0.00%	90.89%	79.91%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	MAMAX % Rank
US	40.37%	0.13%	131.11%	74.51%
Non US	15.99%	0.00%	39.23%	38.98%

Bond Sector Breakdown

	Weighting	Return Low	Return High	MAMAX % Rank
Government	33.20%	0.00%	99.53%	17.69%
Corporate	26.30%	0.00%	99.06%	74.21%
Securitized	20.87%	0.00%	59.07%	50.52%
Cash & Equivalents	11.59%	0.08%	100.00%	46.33%
Derivative	6.74%	0.00%	32.58%	12.74%
Municipal	1.30%	0.00%	24.46%	23.24%

Bond Geographic Breakdown

	Weighting	Return Low	Return High	MAMAX % Rank
US	28.92%	-6.66%	74.69%	51.57%
Non US	9.09%	-7.18%	73.06%	8.40%

MAMAX - Expenses

Operational Fees

	MAMAX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	0.34%	0.01%	4.93%	83.39%
Management Fee	0.00%	0.00%	1.75%	11.81%
12b-1 Fee	0.25%	0.00%	1.00%	42.82%
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%	2.00%	5.75%	30.77%
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	8.00%	0.00%	484.00%	13.54%

MAMAX - Distributions

Dividend Yield Analysis

	MAMAX	Category Low	Category High	MAMAX % Rank
Dividend Yield	0.00%	0.00%	8.76%	68.08%

Dividend Distribution Analysis

	MAMAX	Category Low	Category High	Category Mod
Dividend Distribution Frequency	Quarterly	Annually	Monthly	Quarterly

Net Income Ratio Analysis

	MAMAX	Category Low	Category High	MAMAX % Rank
Net Income Ratio	1.79%	-0.99%	11.02%	44.53%

Capital Gain Distribution Analysis

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

View More +

MAMAX - Fund Manager Analysis

Managers

Joseph Flaherty

Start Date

Tenure

Tenure Rank

Jun 28, 2002

18.36

18.4%

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

2.17

2.2%

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
0.03	36.86	6.24	0.83

You have successfully subscribed to Advisor Access. Thank you!

MFS Moderate Allocation A

MAMAX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

MAMAX - Profile

Distributions

Fund Details

Fund Description

MAMAX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

MAMAX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

Bond Sector Breakdown

Bond Geographic Breakdown

MAMAX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

MAMAX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

MAMAX - Fund Manager Analysis

Managers

Joseph Flaherty

Natalie Shapiro

Tenure Analysis

Advertisement

Wait! Do you know all the important aspects of mutual funds?

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access