MFS Instl International Equity
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.8%
1 yr return
7.1%
3 Yr Avg Return
6.3%
5 Yr Avg Return
4.2%
Net Assets
$11.3 B
Holdings in Top 10
26.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MIEIX - Profile
Distributions
- YTD Total Return 11.8%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.40%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMFS Institutional International Equity Fund
-
Fund Family NameMFS
-
Inception DateJan 31, 1996
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDaniel Ling
Fund Description
MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in equity securities.
Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
MFS normally invests the fund’s assets primarily in foreign securities, including emerging market securities.
In selecting investments for the fund, MFS is not constrained by any particular investment style. MFS may invest the fund’s assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
MFS may invest the fund’s assets in securities of companies of any size.
MFS normally invests the fund’s assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry, sector, country, or region.
MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.
For purposes of the fund’s 80% policy, net assets include the amount of any borrowings for investment purposes.
MIEIX - Performance
Return Ranking - Trailing
| Period | MIEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.8% | -28.5% | 12.2% | 24.53% |
| 1 Yr | 7.1% | -31.2% | 121.5% | 7.25% |
| 3 Yr | 6.3%* | -52.6% | 123.6% | 18.42% |
| 5 Yr | 4.2%* | -11.3% | 58.0% | 6.73% |
| 10 Yr | 4.5%* | -5.9% | 10.0% | 5.47% |
* Annualized
Return Ranking - Calendar
| Period | MIEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -15.9% | -45.5% | 71.3% | 28.49% |
| 2021 | 4.5% | -15.4% | 11.9% | 20.70% |
| 2020 | 3.2% | -10.4% | 121.9% | 41.82% |
| 2019 | 5.6% | -33.7% | 8.5% | 11.06% |
| 2018 | -2.5% | -13.0% | 27.5% | 7.51% |
Total Return Ranking - Trailing
| Period | MIEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.8% | -28.5% | 12.2% | 24.53% |
| 1 Yr | 7.1% | -31.2% | 121.5% | 7.25% |
| 3 Yr | 6.3%* | -52.6% | 123.6% | 18.13% |
| 5 Yr | 4.5%* | -11.3% | 58.0% | 7.22% |
| 10 Yr | 5.7%* | -3.1% | 10.0% | 3.48% |
* Annualized
Total Return Ranking - Calendar
| Period | MIEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -15.9% | -45.5% | 71.3% | 28.49% |
| 2021 | 4.5% | -15.4% | 11.9% | 20.70% |
| 2020 | 3.2% | -10.4% | 121.9% | 41.82% |
| 2019 | 5.6% | -18.0% | 8.5% | 11.06% |
| 2018 | -2.2% | -13.0% | 29.4% | 6.68% |
NAV & Total Return History
MIEIX - Holdings
Concentration Analysis
| MIEIX | Category Low | Category High | MIEIX % Rank | |
|---|---|---|---|---|
| Net Assets | 11.3 B | 1.02 M | 369 B | 11.14% |
| Number of Holdings | 83 | 1 | 10801 | 64.60% |
| Net Assets in Top 10 | 2.98 B | 0 | 34.5 B | 10.44% |
| Weighting of Top 10 | 26.75% | 1.6% | 100.0% | 44.65% |
Top 10 Holdings
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
- Nestle SA 4.27%
Asset Allocation
| Weighting | Return Low | Return High | MIEIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.80% | 0.00% | 122.60% | 38.65% |
| Cash | 1.20% | -65.15% | 100.00% | 57.46% |
| Preferred Stocks | 0.00% | 0.00% | 1.87% | 65.92% |
| Other | 0.00% | -16.47% | 17.36% | 77.94% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 63.28% |
| Bonds | 0.00% | -10.79% | 71.30% | 66.75% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MIEIX % Rank | |
|---|---|---|---|---|
| Healthcare | 17.80% | 0.00% | 21.35% | 5.92% |
| Financial Services | 16.19% | 0.00% | 47.75% | 70.26% |
| Industrials | 16.17% | 5.17% | 99.49% | 27.99% |
| Consumer Defense | 14.34% | 0.00% | 32.29% | 9.83% |
| Technology | 11.06% | 0.00% | 36.32% | 56.80% |
| Consumer Cyclical | 9.38% | 0.00% | 36.36% | 70.66% |
| Basic Materials | 8.16% | 0.00% | 23.86% | 52.36% |
| Communication Services | 3.49% | 0.00% | 21.69% | 87.48% |
| Energy | 2.39% | 0.00% | 16.89% | 83.45% |
| Utilities | 1.02% | 0.00% | 13.68% | 75.10% |
| Real Estate | 0.00% | 0.00% | 14.59% | 89.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MIEIX % Rank | |
|---|---|---|---|---|
| Non US | 96.57% | 0.00% | 125.24% | 41.88% |
| US | 2.23% | -7.78% | 68.98% | 41.22% |
MIEIX - Expenses
Operational Fees
| MIEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.69% | 0.01% | 3.96% | 70.82% |
| Management Fee | 0.66% | 0.00% | 1.60% | 50.53% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| MIEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MIEIX 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.
| MIEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.00% | 0.00% | 247.00% | 19.17% |
MIEIX - Distributions
Dividend Yield Analysis
| MIEIX | Category Low | Category High | MIEIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.77% | 0.00% | 13.65% | 84.97% |
Dividend Distribution Analysis
| MIEIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MIEIX | Category Low | Category High | MIEIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.40% | -0.93% | 6.38% | 54.84% |
Capital Gain Distribution Analysis
| MIEIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2018 | $0.331 | OrdinaryDividend |
| Dec 14, 2017 | $0.470 | OrdinaryDividend |
| Dec 15, 2016 | $0.360 | OrdinaryDividend |
| Dec 15, 2015 | $0.339 | OrdinaryDividend |
| Dec 16, 2014 | $0.455 | OrdinaryDividend |
| Dec 12, 2013 | $0.308 | OrdinaryDividend |
| Dec 13, 2012 | $0.254 | OrdinaryDividend |
| Dec 15, 2011 | $0.296 | OrdinaryDividend |
| Dec 16, 2010 | $0.244 | OrdinaryDividend |
| Dec 17, 2009 | $0.285 | OrdinaryDividend |
| Dec 30, 2003 | $0.057 | OrdinaryDividend |
| Dec 30, 2002 | $0.058 | OrdinaryDividend |
| Dec 27, 2001 | $0.084 | OrdinaryDividend |
| Dec 31, 1999 | $0.067 | OrdinaryDividend |
| Dec 31, 1998 | $0.217 | OrdinaryDividend |
MIEIX - Fund Manager Analysis
Managers
Daniel Ling
Start Date
Tenure
Tenure Rank
Oct 01, 2009
12.67
12.7%
Mr. Ling, Investment Officer, has been portfolio manager of the MFS since October 2009. From 2006-2009, Mr. Ling was a global equity research analyst at MFS. Prior to joining MFS, Mr. Ling was an Investment Manager for Lion Capital Management in Singapore. Mr. Ling, who is based in Singapore, has a BA from Nanyang Technological University.
Filipe Benzinho
Start Date
Tenure
Tenure Rank
May 01, 2016
6.08
6.1%
Filipe M.G. Benzinho is a Investment officer of MFS since 2009 and portfolio manager of MFS since 2016. He began his investment career in 2009 and has an undergraduate degree from Instituto Superior de Ciencias do Trabalho e da Empresa and an MBA from Harvard Business School. Filipe M.G. Benzinho is a Portfolio Manager for Massachusetts Financial Services Company.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.13 | 2.92 |