MFS Massachusetts Inv Gr Stk A
- MIGFX
- Price as of: Mar 04, 2021
-
$37.65
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- MFS
- Share Class
MIGFX - Snapshot
Vitals
- YTD Return -1.0%
- 3 Yr Annualized Return 18.8%
- 5 Yr Annualized Return 19.7%
- Net Assets $9.85 B
- Holdings in Top 10 42.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.71%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 23.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
MIGFX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return 16.4%
- 5 Yr Annualized Total Return 18.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMFS Massachusetts Investors Growth Stock Fund
-
Fund Family NameMFS
-
Inception DateJan 01, 1935
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey 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).
MIGFX - Performance
Return Ranking - Trailing
Period | MIGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -8.1% | 36.7% | 27.06% |
1 Yr | 32.5% | -9.0% | 137.8% | 87.41% |
3 Yr | 18.8%* | 1.4% | 48.1% | 51.61% |
5 Yr | 19.7%* | 1.7% | 46.2% | 59.44% |
10 Yr | 14.6%* | 1.5% | 24.4% | 55.84% |
* Annualized
Return Ranking - Calendar
Period | MIGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.8% | -67.0% | 145.0% | 84.49% |
2019 | 30.1% | -28.8% | 76.0% | 17.47% |
2018 | -9.0% | -64.5% | 19.1% | 35.76% |
2017 | 20.4% | -68.7% | 64.3% | 46.06% |
2016 | 0.3% | -56.6% | 15.3% | 46.58% |
Total Return Ranking - Trailing
Period | MIGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.0% | -8.1% | 36.7% | 27.06% |
1 Yr | 24.9% | -9.0% | 137.8% | 95.09% |
3 Yr | 16.4%* | 0.1% | 48.1% | 68.98% |
5 Yr | 18.2%* | 0.5% | 46.2% | 72.96% |
10 Yr | 14.0%* | 0.9% | 24.4% | 67.14% |
* Annualized
Total Return Ranking - Calendar
Period | MIGFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 13.8% | -67.0% | 145.0% | 84.49% |
2019 | 30.1% | -28.8% | 76.0% | 17.55% |
2018 | 0.8% | -64.5% | 29.5% | 11.70% |
2017 | 28.7% | -24.8% | 64.3% | 34.14% |
2016 | 6.2% | -56.6% | 17.1% | 22.58% |
NAV & Total Return History
MIGFX - Holdings
Concentration Analysis
MIGFX | Category Low | Category High | MIGFX % Rank | |
---|---|---|---|---|
Net Assets | 9.85 B | 10.3 K | 257 B | 19.53% |
Number of Holdings | 55 | 1 | 2573 | 60.18% |
Net Assets in Top 10 | 4.07 B | 221 K | 96.2 B | 21.25% |
Weighting of Top 10 | 42.08% | 11.1% | 100.0% | 61.22% |
Top 10 Holdings
- Microsoft Corp 10.58%
- Alphabet Inc A 7.30%
- Apple Inc 5.08%
- Accenture PLC Class A 3.97%
- Charles Schwab Corp 2.95%
- Visa Inc Class A 2.88%
- Colgate-Palmolive Co 2.81%
- Alibaba Group Holding Ltd ADR 2.67%
- Comcast Corp Class A 2.57%
- Comcast Corp Class A 2.57%
Asset Allocation
Weighting | Return Low | Return High | MIGFX % Rank | |
---|---|---|---|---|
Stocks | 99.75% | 48.90% | 135.93% | 23.54% |
Cash | 0.25% | -35.93% | 48.10% | 72.88% |
Preferred Stocks | 0.00% | 0.00% | 6.63% | 71.10% |
Other | 0.00% | -2.45% | 21.26% | 72.36% |
Convertible Bonds | 0.00% | 0.00% | 15.24% | 69.02% |
Bonds | 0.00% | -0.75% | 24.39% | 70.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MIGFX % Rank | |
---|---|---|---|---|
Technology | 33.23% | 0.00% | 87.30% | 48.37% |
Healthcare | 15.72% | 0.00% | 61.09% | 27.41% |
Communication Services | 13.17% | 0.00% | 68.19% | 50.59% |
Consumer Cyclical | 10.95% | 0.00% | 38.89% | 88.04% |
Financial Services | 10.85% | 0.00% | 41.22% | 40.19% |
Consumer Defense | 9.12% | 0.00% | 19.07% | 4.09% |
Industrials | 4.05% | 0.00% | 30.46% | 70.28% |
Real Estate | 1.56% | 0.00% | 22.68% | 42.12% |
Basic Materials | 1.36% | 0.00% | 15.44% | 47.85% |
Utilities | 0.00% | 0.00% | 10.98% | 79.35% |
Energy | 0.00% | 0.00% | 9.24% | 80.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MIGFX % Rank | |
---|---|---|---|---|
US | 90.50% | 11.18% | 133.53% | 68.87% |
Non US | 9.25% | 0.00% | 82.96% | 23.33% |
MIGFX - Expenses
Operational Fees
MIGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.01% | 23.28% | 77.03% |
Management Fee | 0.33% | 0.00% | 1.50% | 12.01% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.77% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
MIGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.25% | 8.50% | 31.41% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MIGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 5.00% | 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.
MIGFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 23.00% | 0.00% | 358.00% | 23.32% |
MIGFX - Distributions
Dividend Yield Analysis
MIGFX | Category Low | Category High | MIGFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.76% | 70.00% |
Dividend Distribution Analysis
MIGFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
MIGFX | Category Low | Category High | MIGFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.38% | -56.00% | 1.99% | 24.75% |
Capital Gain Distribution Analysis
MIGFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 18, 2018 | $0.274 |
Dec 19, 2017 | $0.248 |
Dec 20, 2016 | $0.184 |
Dec 17, 2015 | $0.211 |
Dec 18, 2014 | $0.153 |
Dec 17, 2013 | $0.111 |
Dec 18, 2012 | $0.150 |
Dec 15, 2011 | $0.090 |
Dec 16, 2010 | $0.074 |
Dec 17, 2009 | $0.056 |
Dec 18, 2008 | $0.064 |
Dec 20, 2007 | $0.057 |
Dec 16, 2004 | $0.050 |
Dec 17, 1998 | $0.006 |
Dec 23, 1997 | $0.007 |
Jul 10, 1996 | $0.050 |
Jul 20, 1990 | $0.020 |
Oct 11, 1989 | $0.025 |
Jul 12, 1989 | $0.035 |
Apr 12, 1989 | $0.007 |
MIGFX - Fund Manager Analysis
Managers
Jeffrey Constantino
Start Date
Tenure
Tenure Rank
Nov 16, 2006
14.3
14.3%
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
1.67
1.7%
Mr. Skorski joined MFS in 2007 and has more than two decades of investment experience. During his tenure at the firm, he has had both equity research analyst and portfolio management responsibilities. He joined the portfolio management team of the MFS® Global Growth Equity and MFS® Global Growth Concentrated Equity strategies in 2018 and previously had portfolio management responsibilities for the firm’s Japan Equity strategy.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 53.19 | 7.73 | 1.16 |