MGTIX: MFS Massachusetts Inv Gr Stk I

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MGTIX MFS Massachusetts Inv Gr Stk I


Profile

MGTIX - Profile

Vitals

  • YTD Return 8.1%
  • 3 Yr Annualized Return 9.3%
  • 5 Yr Annualized Return 8.8%
  • Net Assets $9.53 B
  • Holdings in Top 10 41.3%

52 WEEK LOW AND HIGH

$36.76
$24.26
$39.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.47%

SALES FEES

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

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 8.1%
  • 3 Yr Annualized Total Return 15.5%
  • 5 Yr Annualized Total Return 15.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    MFS Massachusetts Investors Growth Stock Fund
  • Fund Family Name
    MFS
  • Inception Date
    Jan 02, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Constantino

Fund Description

The fund normally invests at least 80% of the fund's net assets in stocks. Stocks include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. The advisor focuses on investing the fund's assets in the stocks of companies its advisor believes to have above average earnings growth potential compared to other companies (growth companies).


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Categories

Fund Company Quick Screens

MGTIX - Fund Company Quick Screens


Performance

MGTIX - Performance

Return Ranking - Trailing

Period MGTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -91.6% 77.8% 73.84%
1 Yr 9.0% -92.0% 93.4% 75.46%
3 Yr 9.3%* -59.0% 37.0% 38.55%
5 Yr 8.8%* -41.4% 31.7% 33.99%
10 Yr 10.5%* -18.4% 17.6% 27.09%

* Annualized

Return Ranking - Calendar

Period MGTIX Return Category Return Low Category Return High Rank in Category (%)
2019 30.4% -67.9% 49.9% 14.38%
2018 -8.7% -65.5% 10.6% 30.43%
2017 20.8% -46.3% 52.2% 39.36%
2016 0.4% -56.6% 15.3% 42.99%
2015 -6.0% -82.5% 11.4% 66.53%

Total Return Ranking - Trailing

Period MGTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.1% -91.6% 77.8% 73.84%
1 Yr 9.0% -92.0% 93.4% 75.39%
3 Yr 15.5%* -57.9% 37.0% 21.91%
5 Yr 15.3%* -38.8% 31.7% 14.83%
10 Yr 14.7%* -16.8% 21.4% 16.47%

* Annualized

Total Return Ranking - Calendar

Period MGTIX Return Category Return Low Category Return High Rank in Category (%)
2019 30.4% -67.9% 49.9% 14.38%
2018 1.1% -65.5% 16.5% 11.16%
2017 29.0% -28.2% 52.2% 31.60%
2016 6.4% -56.6% 17.1% 21.22%
2015 0.1% -38.0% 17.3% 60.24%

NAV & Total Return History


Holdings

MGTIX - Holdings

Concentration Analysis

MGTIX Category Low Category High MGTIX % Rank
Net Assets 9.53 B 818 K 235 B 16.36%
Number of Holdings 55 1 2263 58.03%
Net Assets in Top 10 3.75 B 399 K 71.6 B 17.65%
Weighting of Top 10 41.34% 13.5% 100.0% 69.62%

Top 10 Holdings

  1. Microsoft Corp 10.11%
  2. Alphabet Inc A 6.75%
  3. Apple Inc 4.64%
  4. Accenture PLC Class A 4.19%
  5. Visa Inc Class A 3.22%
  6. Comcast Corp Class A 2.61%
  7. Aon PLC 2.55%
  8. Electronic Arts Inc 2.43%
  9. Colgate-Palmolive Co 2.43%
  10. Thermo Fisher Scientific Inc 2.40%

Asset Allocation

Weighting Return Low Return High MGTIX % Rank
Stocks
99.42% 60.93% 103.32% 32.35%
Cash
0.58% -3.33% 39.07% 62.80%
Preferred Stocks
0.00% 0.00% 2.55% 49.70%
Other
0.00% -1.64% 4.98% 52.58%
Convertible Bonds
0.00% 0.00% 6.70% 44.85%
Bonds
0.00% -0.48% 13.73% 47.95%

Stock Sector Breakdown

Weighting Return Low Return High MGTIX % Rank
Technology
32.92% 4.67% 54.73% 37.20%
Healthcare
16.93% 0.00% 60.93% 25.38%
Communication Services
13.15% 0.00% 34.83% 41.82%
Financial Services
11.52% 0.00% 41.40% 40.83%
Consumer Cyclical
10.15% 0.00% 44.53% 86.14%
Consumer Defense
9.65% 0.00% 19.15% 3.33%
Industrials
4.23% 0.00% 24.88% 69.62%
Basic Materials
1.45% 0.00% 13.33% 47.12%
Utilities
0.00% 0.00% 11.79% 62.58%
Real Estate
0.00% 0.00% 22.16% 87.95%
Energy
0.00% 0.00% 7.94% 68.33%

Stock Geographic Breakdown

Weighting Return Low Return High MGTIX % Rank
US
89.65% 60.93% 100.05% 74.09%
Non US
9.77% 0.00% 18.83% 18.48%

Expenses

MGTIX - Expenses

Operational Fees

MGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.01% 24.73% 93.99%
Management Fee 0.33% 0.00% 1.40% 7.41%
12b-1 Fee N/A 0.00% 1.00% 10.56%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

MGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

MGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 0.00% 464.00% 22.08%

Distributions

MGTIX - Distributions

Dividend Yield Analysis

MGTIX Category Low Category High MGTIX % Rank
Dividend Yield 0.00% 0.00% 19.97% 45.75%

Dividend Distribution Analysis

MGTIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MGTIX Category Low Category High MGTIX % Rank
Net Income Ratio 0.85% -8.87% 2.43% 8.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MGTIX - Fund Manager Analysis

Managers

Jeffrey Constantino


Start Date

Tenure

Tenure Rank

Nov 16, 2006

13.8

13.8%

Jeffrey C. Constantino is a portfolio manager, and was an equity research analyst for 5 years until he was promoted to his current position at Massachusetts Financial Services Company in 2005. Prior to joining MFS in 2000, he was employed as a financial consultant in mergers and acquisitions for Arthur Andersen LLP. Constantino holds the Chartered Financial Analyst designation and Certified Public Accountant designation.

Joseph Skorski


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.17

1.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.3 1.34