MFS Massachusetts Investors Tr A
- MITTX
- Price as of: Jul 27, 2021
-
$42.46
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- MFS
- Share Class
MITTX - Snapshot
Vitals
- YTD Return 18.4%
- 3 Yr Annualized Return 17.7%
- 5 Yr Annualized Return 16.9%
- Net Assets $7.01 B
- Holdings in Top 10 28.4%
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 16.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
MITTX - Profile
Distributions
- YTD Total Return 18.4%
- 3 Yr Annualized Total Return 15.4%
- 5 Yr Annualized Total Return 15.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.88%
- Dividend Yield 0.6%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameMFS Massachusetts Investors Trust
-
Fund Family NameMFS
-
Inception DateJul 15, 1924
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerT. Kevin Beatty
Fund Description
The fund normally invests the fund's assets primarily 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. While it may invest the fund's assets in companies of any size, the fund primarily invests in companies with large capitalizations. It may invest the fund's assets in foreign securities.
MITTX - Performance
Return Ranking - Trailing
| Period | MITTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.4% | -71.4% | 43.3% | 23.99% |
| 1 Yr | 39.2% | 6.4% | 91.4% | 64.14% |
| 3 Yr | 17.7%* | -0.6% | 25.5% | 42.21% |
| 5 Yr | 16.9%* | 4.5% | 26.6% | 41.36% |
| 10 Yr | 13.7%* | 3.0% | 16.4% | 44.55% |
* Annualized
Return Ranking - Calendar
| Period | MITTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 9.2% | -94.0% | 2181.7% | 62.64% |
| 2019 | 22.4% | -22.7% | 41.1% | 53.47% |
| 2018 | -16.7% | -100.0% | 17.1% | 67.91% |
| 2017 | 15.1% | -100.0% | 33.2% | 41.02% |
| 2016 | 2.5% | -44.8% | 25.0% | 80.79% |
Total Return Ranking - Trailing
| Period | MITTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.4% | -71.4% | 43.3% | 23.87% |
| 1 Yr | 31.2% | 6.4% | 108.6% | 87.41% |
| 3 Yr | 15.4%* | -0.6% | 26.6% | 64.15% |
| 5 Yr | 15.5%* | 4.5% | 26.6% | 59.07% |
| 10 Yr | 13.1%* | 3.0% | 16.4% | 58.01% |
* Annualized
Total Return Ranking - Calendar
| Period | MITTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 9.2% | -94.0% | 2181.7% | 62.64% |
| 2019 | 22.4% | -21.6% | 41.1% | 53.47% |
| 2018 | -5.3% | -100.0% | 17.1% | 21.93% |
| 2017 | 23.5% | -100.0% | 33.2% | 11.04% |
| 2016 | 8.8% | -13.4% | 26.8% | 57.25% |
NAV & Total Return History
MITTX - Holdings
Concentration Analysis
| MITTX | Category Low | Category High | MITTX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.01 B | 20 | 1.26 T | 18.66% |
| Number of Holdings | 77 | 2 | 3910 | 52.88% |
| Net Assets in Top 10 | 1.99 B | -472 M | 279 B | 16.77% |
| Weighting of Top 10 | 28.40% | 2.3% | 100.0% | 64.70% |
Top 10 Holdings
- Microsoft Corp 5.38%
- Alphabet Inc Class A 4.95%
- JPMorgan Chase & Co 2.66%
- Bank of America Corp 2.44%
- Apple Inc 2.31%
- Visa Inc Class A 2.24%
- Facebook Inc Class A 2.21%
- Johnson & Johnson 2.14%
- Fidelity National Information Services Inc 2.11%
- American Tower Corp 2.09%
Asset Allocation
| Weighting | Return Low | Return High | MITTX % Rank | |
|---|---|---|---|---|
| Stocks | 100.24% | 0.00% | 152.50% | 2.79% |
| Preferred Stocks | 0.00% | 0.00% | 5.20% | 73.90% |
| Other | 0.00% | -15.82% | 100.00% | 73.56% |
| Convertible Bonds | 0.00% | 0.00% | 8.98% | 72.95% |
| Bonds | 0.00% | -0.36% | 82.68% | 73.90% |
| Cash | -0.25% | -87.42% | 100.00% | 96.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MITTX % Rank | |
|---|---|---|---|---|
| Technology | 20.72% | 0.00% | 77.03% | 65.50% |
| Healthcare | 17.54% | 0.00% | 58.76% | 12.25% |
| Financial Services | 16.26% | 0.00% | 67.99% | 27.05% |
| Communication Services | 12.88% | 0.00% | 36.08% | 17.39% |
| Consumer Defense | 10.65% | 0.00% | 51.01% | 12.37% |
| Consumer Cyclical | 7.10% | 0.00% | 53.56% | 87.13% |
| Industrials | 6.95% | 0.00% | 62.09% | 90.06% |
| Real Estate | 3.70% | 0.00% | 68.36% | 17.96% |
| Basic Materials | 2.51% | 0.00% | 31.64% | 49.58% |
| Energy | 1.13% | 0.00% | 19.92% | 69.85% |
| Utilities | 0.55% | 0.00% | 32.20% | 75.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MITTX % Rank | |
|---|---|---|---|---|
| US | 92.45% | 0.00% | 149.97% | 72.22% |
| Non US | 7.79% | 0.00% | 63.63% | 20.23% |
MITTX - Expenses
Operational Fees
| MITTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.01% | 4.53% | 48.83% |
| Management Fee | 0.33% | 0.00% | 2.00% | 28.95% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.18% |
| Administrative Fee | N/A | 0.00% | 0.95% | N/A |
Sales Fees
| MITTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 0.00% | 5.75% | 14.32% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MITTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| MITTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 16.00% | 0.00% | 363.00% | 28.55% |
MITTX - Distributions
Dividend Yield Analysis
| MITTX | Category Low | Category High | MITTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.58% | 0.00% | 1.23% | 75.48% |
Dividend Distribution Analysis
| MITTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
| MITTX | Category Low | Category High | MITTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.88% | -3.04% | 2.71% | 56.77% |
Capital Gain Distribution Analysis
| MITTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| May 31, 2013 | $0.047 |
| May 31, 2012 | $0.091 |
| Dec 15, 2011 | $0.102 |
| May 31, 2011 | $0.091 |
| Dec 16, 2010 | $0.100 |
| Mar 11, 2010 | $0.032 |
| Dec 17, 2009 | $0.173 |
| Mar 12, 2009 | $0.054 |
| Dec 18, 2008 | $0.181 |
| Mar 14, 2008 | $0.054 |
| Dec 20, 2007 | $0.103 |
| Mar 14, 2007 | $0.017 |
| Dec 21, 2006 | $0.168 |
| Mar 23, 2006 | $0.007 |
| Dec 05, 2005 | $0.061 |
| Mar 24, 2005 | $0.007 |
| Dec 02, 2004 | $0.108 |
| Mar 25, 2004 | $0.042 |
| Dec 02, 2003 | $0.070 |
| Mar 26, 2003 | $0.021 |
| Dec 03, 2002 | $0.055 |
| Mar 26, 2002 | $0.012 |
| Dec 04, 2001 | $0.050 |
| Dec 04, 2000 | $0.019 |
| Sep 27, 2000 | $0.004 |
| Jun 28, 2000 | $0.004 |
| Mar 29, 2000 | $0.009 |
| Dec 10, 1999 | $0.024 |
| Sep 28, 1999 | $0.027 |
| Jun 30, 1999 | $0.014 |
| Mar 31, 1999 | $0.034 |
| Oct 09, 1998 | $0.040 |
| Jul 10, 1998 | $0.040 |
| Apr 09, 1998 | $0.040 |
| Dec 23, 1997 | $0.041 |
| Oct 09, 1997 | $0.050 |
| Jul 10, 1997 | $0.050 |
| Apr 09, 1997 | $0.041 |
| Jan 02, 1997 | $0.054 |
| Oct 09, 1996 | $0.050 |
| Apr 09, 1996 | $0.050 |
| Oct 10, 1995 | $0.063 |
| Jul 10, 1995 | $0.063 |
| Apr 10, 1995 | $0.060 |
| Oct 11, 1994 | $0.062 |
| Jul 11, 1994 | $0.060 |
| Apr 11, 1994 | $0.060 |
| Oct 12, 1993 | $0.070 |
| Jul 12, 1993 | $0.070 |
| Apr 12, 1993 | $0.069 |
| Oct 20, 1992 | $0.088 |
| Jul 20, 1992 | $0.088 |
| Apr 20, 1992 | $0.088 |
| Oct 18, 1991 | $0.098 |
| Jul 19, 1991 | $0.098 |
| Apr 19, 1991 | $0.095 |
| Oct 19, 1990 | $0.105 |
| Jul 20, 1990 | $0.105 |
| Apr 20, 1990 | $0.100 |
MITTX - Fund Manager Analysis
Managers
T. Kevin Beatty
Start Date
Tenure
Tenure Rank
Jul 01, 2004
17.01
17.0%
Kevin Beatty is an chief investment officer and the director of equity, North America, at MFS Investment Management® (MFS®). He is also a portfolio manager of large-cap core portfolios. Kevin joined MFS in 2002 as an equity research analyst and was named portfolio manager in 2004. Prior to assuming the role of director of equity, North America in 2011, he served as director of US Research beginning 2007. Previously, he was an equity analyst/sector head for State Street Research Management Co. and an investment research analyst for Fleet Investment Advisors.
Edward (ted) Maloney
Start Date
Tenure
Tenure Rank
Apr 01, 2012
9.25
9.3%
Edward (Ted) M. Maloney is an Investment Officer and the Director of U.S. Research at MFS Investment Management® (MFS®). He also serves as a portfolio manager on US Core Equity strategies. Ted joined MFS in 2005 and was named Director of US Research in 2011. He was named portfolio manager in 2012. Prior to joining MFS, he was an analyst and founding partner for Lyceum Capital, LP. He also spent two years as a research associate for Fidelity Management & Research Company. Ted is a graduate of Bowdoin College. He is an Executive Vice President and CIO at MFS.
Alison O'Neill
Start Date
Tenure
Tenure Rank
May 01, 2018
3.17
3.2%
Alison O'Neill - Co--Chief Investment Officer of Equity -- Americas - Equity Portfolio Manager - Serves on MFS Global Equity Management Team - As Co--Chief Investment Officer of Equity for the Americas and a Portfolio Manager, partners with the firm's other regional co-CIOs in the research management process and strategy discussions, including by developing investment policies and programs that achieve the investment objectives of MFS and its clients. - Joined MFS in 2005; previous positions include Director of Research - North America; Equity Research Analyst. - Previous experience includes 3 years as Investment Associate at Putnam Investments. - Additional MFS experience includes participation in MFS' Summer MBA Internship program in 2004. - Massachusetts Institute of Technology, Master of Business Administration - Harvard College, Artium Baccalaureus, cum laude
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 38.11 | 6.48 | 1.5 |