MITTX: MFS Massachusetts Investors Tr A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MITTX MFS Massachusetts Investors Tr A


Profile

MITTX - Profile

Vitals

  • YTD Return 4.1%
  • 3 Yr Annualized Return 4.7%
  • 5 Yr Annualized Return 3.1%
  • Net Assets $6.07 B
  • Holdings in Top 10 26.4%

52 WEEK LOW AND HIGH

$34.13
$29.71
$34.46

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 4.1%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    MFS Massachusetts Investors Trust
  • Fund Family Name
    MFS
  • Inception Date
    Jul 15, 1924
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    T. 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.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MITTX - Performance

Return Ranking - Trailing

Period MITTX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -2.9% 11.6% 60.49%
1 Yr 14.1% -73.2% 33.8% 54.12%
3 Yr 4.7%* -33.7% 55.6% 54.55%
5 Yr 3.1%* -25.2% 29.3% 55.59%
10 Yr 7.0%* -8.4% 16.0% 51.21%

* Annualized

Return Ranking - Calendar

Period MITTX Return Category Return Low Category Return High Rank in Category (%)
2019 22.4% -72.6% 38.1% 49.33%
2018 -16.7% -67.0% 10.0% 63.62%
2017 15.1% -32.8% 302.5% 38.89%
2016 2.5% -26.1% 19.7% 82.57%
2015 -5.4% -82.5% 7.8% 47.97%

Total Return Ranking - Trailing

Period MITTX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.1% -2.9% 11.6% 60.49%
1 Yr 14.1% -73.2% 30.8% 54.12%
3 Yr 11.9%* -33.7% 55.6% 24.26%
5 Yr 9.9%* -14.6% 29.3% 16.56%
10 Yr 12.1%* -4.0% 17.9% 21.67%

* Annualized

Total Return Ranking - Calendar

Period MITTX Return Category Return Low Category Return High Rank in Category (%)
2019 22.4% -72.6% 38.1% 49.33%
2018 -5.3% -67.0% 10.0% 21.41%
2017 23.5% -22.1% 302.5% 9.93%
2016 8.8% -16.4% 23.8% 58.62%
2015 0.2% -26.4% 106.5% 29.59%

NAV & Total Return History


Holdings

MITTX - Holdings

Concentration Analysis

MITTX Category Low Category High MITTX % Rank
Net Assets 6.07 B 135 K 902 B 16.46%
Number of Holdings 74 1 3580 64.72%
Net Assets in Top 10 1.62 B 46.7 K 169 B 15.90%
Weighting of Top 10 26.43% 2.2% 144.5% 55.88%

Top 10 Holdings

  1. Alphabet Inc A 3.41%
  2. JPMorgan Chase & Co 3.10%
  3. Microsoft Corp 2.96%
  4. Medtronic PLC 2.65%
  5. Mastercard Inc A 2.52%
  6. Johnson & Johnson 2.52%
  7. Bank of America Corp 2.42%
  8. American Tower Corp 2.35%
  9. Visa Inc Class A 2.35%
  10. Thermo Fisher Scientific Inc 2.14%

Asset Allocation

Weighting Return Low Return High MITTX % Rank
Stocks
99.04% 82.05% 145.87% 45.82%
Cash
0.96% -77.63% 17.34% 52.15%
Preferred Stocks
0.00% -17.98% 6.21% 90.27%
Other
0.00% -2.64% 22.43% 88.32%
Convertible Bonds
0.00% 0.00% 9.79% 90.35%
Bonds
0.00% 0.00% 77.09% 90.67%

Stock Sector Breakdown

Weighting Return Low Return High MITTX % Rank
Technology
19.75% 0.00% 42.83% 50.66%
Financial Services
18.04% 0.00% 49.34% 32.18%
Healthcare
16.46% 0.00% 29.41% 20.94%
Communication Services
10.44% 0.00% 25.09% 27.83%
Consumer Defense
10.37% 0.00% 28.92% 16.34%
Consumer Cyclical
7.25% 0.00% 35.48% 86.70%
Industrials
7.20% 0.00% 30.01% 89.33%
Energy
4.15% -1.47% 16.67% 52.22%
Basic Materials
3.43% -0.14% 13.34% 22.74%
Real Estate
2.37% 0.00% 65.29% 63.88%
Utilities
0.53% 0.00% 19.47% 80.95%

Stock Geographic Breakdown

Weighting Return Low Return High MITTX % Rank
US
92.13% 80.03% 144.61% 79.72%
Non US
6.91% 0.00% 19.64% 16.79%

Expenses

MITTX - Expenses

Operational Fees

MITTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.01% 5.62% 69.52%
Management Fee 0.33% 0.00% 2.00% 24.67%
12b-1 Fee 0.25% 0.00% 1.00% 57.73%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MITTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.50% 5.75% 41.01%
Deferred Load N/A 0.95% 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 13.00% 0.00% 3908.00% 23.48%

Distributions

MITTX - Distributions

Dividend Yield Analysis

MITTX Category Low Category High MITTX % Rank
Dividend Yield 0.00% 0.00% 15.31% 93.34%

Dividend Distribution Analysis

MITTX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

MITTX Category Low Category High MITTX % Rank
Net Income Ratio 0.97% -2.85% 3.34% 60.88%

Capital Gain Distribution Analysis

MITTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MITTX - Fund Manager Analysis

Managers

T. Kevin Beatty


Start Date

Tenure

Tenure Rank

Jul 01, 2004

15.59

15.6%

Kevin Beatty is an 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

7.84

7.8%

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.

Alison Mackey


Start Date

Tenure

Tenure Rank

May 01, 2018

1.75

1.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.56 6.01 0.59