INVESTMENT OBJECTIVE
Seeks total return.
INVESTMENT FOCUS
Invests in commodity-linked instruments and debt securities
Provides broad exposure to the commodities markets
Uses proprietary quantitative models to make allocation decisions
Fund Information
- Fund Commencement 06/02/2010
- Net Assets ($ M) As of 11/30/24 $909.83
- Fiscal Year End OCTOBER
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Benchmark
Bloomberg Commodity Index
Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index tracks trades on futures contracts for physical commodities, such as energy (petroleum, gas), precious metals (gold, silver), industrial metals (zinc, copper),grains (corn, wheat), livestock (live cattle/ lean hogs), among others, and are traded in a variety of currencies.
Share Class Information
- Class Inception 06/02/2010
- Net Asset Value (NAV) As of 12/24/24 $3.51
- Most Recent NAV Change As of 12/24/24 $0.03 | 0.86%
- Fund Number 1042
- Maximum Sales Charge 5.75%
-
Gross Expense Ratio
1.15%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
1.14%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 02/28/25
MANAGERS
Commodity Exposures (%)
| Portfolio | Bloomberg Commodity Index | Underweight/ Overweight | |
|---|---|---|---|
| Softs | 10.9 | 8.8 | 2.1 |
| Coffee | 6.3 | 4.8 | 1.5 |
| Cotton | 2.4 | 1.3 | 1.1 |
| Sugar | 2.2 | 2.6 | -0.4 |
| Energy | 28.1 | 28.3 | -0.2 |
| Unleaded Gasoline | 3.4 | 1.8 | 1.6 |
| Heating Oil | 2.8 | 1.7 | 1.1 |
| WTI Crude Oil | 6.5 | 6.3 | 0.2 |
| Gas/Oil | 2.0 | 2.3 | -0.3 |
| Brent Crude | 5.6 | 6.5 | -0.9 |
| Natural Gas | 7.8 | 9.6 | -1.8 |
| Industrial Metals | 13.7 | 14.9 | -1.2 |
| Lead | 0.7 | - | 0.7 |
| Zinc | 3.4 | 2.8 | 0.6 |
| Nickel | 2.1 | 2.3 | -0.2 |
| Aluminum | 3.9 | 4.4 | -0.5 |
| Copper (COMEX) | 3.7 | 5.4 | -1.7 |
| Livestock | 4.0 | 5.6 | -1.6 |
| Lean Hogs | 2.6 | 2.1 | 0.5 |
| Live Cattle | 3.1 | 3.6 | -0.5 |
| Feeder Cattle | -1.8 | - | -1.8 |
| Precious Metals | 19.6 | 23.1 | -3.5 |
| Silver | 4.1 | 5.6 | -1.5 |
| Gold | 15.5 | 17.5 | -2.0 |
| Grains | 12.2 | 18.5 | -6.3 |
| Soybean Meal | 2.4 | 2.6 | -0.2 |
| Soybean Oil | 2.4 | 2.7 | -0.3 |
| Soybeans | 3.9 | 4.3 | -0.4 |
| Wheat | 0.9 | 2.3 | -1.4 |
| Kansas Wheat | -0.1 | 1.5 | -1.6 |
| Corn | 2.7 | 5.0 | -2.3 |
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
International: Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, currency, economic, industry, political, regulatory, geopolitical, or other conditions.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Commodity: Commodity-related investments can be more volatile than investments in equity securities or debt instruments and can be affected by changes in overall market movements, commodity index volatility, changes in interest rates, currency fluctuations, or factors affecting a particular industry or commodity, and demand/supply imbalances in the market for the commodity. Events that affect the financial services sector may have a significant adverse effect on the portfolio.
Subsidiary: The Fund may also invest up to 25% of the fund's assets in MFS Commodity Strategy Portfolio, a wholly-owned and controlled subsidiary organized in the Cayman Islands (the "Subsidiary"). The Subsidiary is not registered as an investment company under the Investment Company Act of 1940 (the Act) and is not subject to all of the investor protections of the Act. Changes in the laws impacting the fund or the Subsidiary could negatively affect the fund and its shareholders. By investing in the Subsidiary, the fund is exposed to the risks associated with the Subsidiary's investments, including the risks associated with the additional use of leverage and derivatives.
Allocation: MFS' assessment of the risk/return potential of commodity sectors and the resulting allocation among commodity sectors may not produce the intended results and/or can lead to an investment focus that results in the portfolio underperforming other portfolios with similar investment strategies and/or underperforming the markets in which the portfolio invests.
Please see the prospectus for further information on these and other risk considerations.
Philipp Burgener, CFA
Portfolio Manager
Philipp S. Burgener, CFA, is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). He is part of the portfolio management teams for the limited maturity strategy as well as the US and global opportunistic fixed income strategies and serves as the leader of MFS' structured product team. Philipp assumed his portfolio manager role in 2017. He first joined the structured product team in 2003 as a research associate and became a research analyst in 2005. Prior to that, he served as a quantitative research associate. He joined MFS in 2000 in a sales role. Philipp earned a Bachelor of Arts degree from Colgate University and a Master of Science degree from Boston University. He holds the Chartered Financial Analyst (CFA) designation and is a member of CFA Society Boston.
Alexander Mackey, CFA
Portfolio Manager
Alexander M. Mackey, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, he has joint oversight of MFS' global fixed income team and works collaboratively with the firm's investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve clients globally. He is also a fixed income portfolio manager on several strategies, including the firm's multisector fixed income strategies, with oversight of dedicated US credit portfolios. Alexander assumed his current role in 2023. Prior to taking on portfolio management responsibilities in 2017, he worked as a credit research analyst for 13 years and a fixed income research associate for three years. He joined MFS as a financial control assistant in 1998. Alexander has a bachelor's degree from Trinity College and holds the Chartered Financial Analyst (CFA) designation. He is a member of CFA Society Boston.
Ben Nastou, CFA
Portfolio Manager
Benjamin R. Nastou, CFA, is an investment officer and co-CIO of quantitative solutions at MFS Investment Management® (MFS®). In his role, he oversees quantitative portfolio management and research at the firm. Ben joined MFS in 2001 as a fixed income research associate and was promoted to quantitative research analyst in 2003. He was named portfolio manager in 2010 and co-director of quantitative solutions in 2021 before taking on his current role in 2024. Ben earned a Bachelor of Arts degree in economics and mathematics from Dartmouth College. He is a member of the Boston Security Analysts Society, Inc. and holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
Natalie Shapiro, Ph.D.
Portfolio Manager
Natalie I. Shapiro, Ph.D., is an investment officer and multi-asset portfolio manager at MFS Investment Management® (MFS®). As a member of the portfolio management teams for the firm's commodity and global multi-asset strategies, she is responsible for final buy and sell decisions, portfolio construction and risk and cash management. Additionally, she participates in the research process and strategy discussions. Natalie joined MFS in 1997 as a quantitative research analyst and took on portfolio management responsibilities in 2007. Prior to joining the firm, she served as a research associate for three years at the Federal Reserve Bank of Boston. Natalie earned a Bachelor of Arts degree in economics with honors from Wellesley College and a doctorate in economics from the University of Pennsylvania.
Performance
Average Annual Total Returns (%)
Important Performance Information
Sales Charges
Class A shares ("A") results include the maximum sales charge.
Annual Rate of Return (%)
As of 12/31/23 | Benchmark: Bloomberg Commodity Index| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | -16.90 | -23.57 | 11.40 | 3.38 | -12.97 | 7.59 | -0.56 | 27.94 | 12.85 | -6.48 |
| With Sales Charge | -21.68 | -27.96 | 4.99 | -2.57 | -17.98 | 1.40 | -6.28 | 20.58 | 6.36 | -11.86 |
| Bloomberg Commodity Index | -17.01 | -24.66 | 11.77 | 1.70 | -11.25 | 7.69 | -3.12 | 27.11 | 16.09 | -7.91 |
| At NAV | With Sales Charge | Bloomberg Commodity Index | |
|---|---|---|---|
| 2023 | -6.48 | -11.86 | -7.91 |
| 2022 | 12.85 | 6.36 | 16.09 |
| 2021 | 27.94 | 20.58 | 27.11 |
| 2020 | -0.56 | -6.28 | -3.12 |
| 2019 | 7.59 | 1.4 | 7.69 |
| 2018 | -12.97 | -17.98 | -11.25 |
| 2017 | 3.38 | -2.57 | 1.7 |
| 2016 | 11.4 | 4.99 | 11.77 |
| 2015 | -23.57 | -27.96 | -24.66 |
| 2014 | -16.9 | -21.68 | -17.01 |
Pricing History
- NAV at Close of Trading on: 12/24/24
- Net Asset Value (NAV): $3.51
- Change ($) (since 12/23/24 ): 0.03
- Change (%) (since 12/23/24 ): 0.86
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain
The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax.
(Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain
For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses.
(Source: Barron's Dictionary of Finance and Investment Terms)
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax. (Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. (Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of 12/25/24
| Record Date | Ex-Date | Payable Date | Type of Earnings | Rate per Share (US$) | Reinvestment NAV (US$) |
|---|---|---|---|---|---|
| 12/09/24 | 12/10/24 | 12/11/24 | Dividend | 0.10753 | 3.53 |
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Overview
INVESTMENT OBJECTIVE
Seeks total return.
INVESTMENT FOCUS
Invests in commodity-linked instruments and debt securities
Provides broad exposure to the commodities markets
Uses proprietary quantitative models to make allocation decisions
Fund Information
- Fund Commencement 06/02/2010
- Net Assets ($ M) As of 11/30/24 $909.83
- Fiscal Year End OCTOBER
-
Benchmark
Bloomberg Commodity Index
Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index tracks trades on futures contracts for physical commodities, such as energy (petroleum, gas), precious metals (gold, silver), industrial metals (zinc, copper),grains (corn, wheat), livestock (live cattle/ lean hogs), among others, and are traded in a variety of currencies.
Share Class Information
- Class Inception 06/02/2010
- Net Asset Value (NAV) As of 12/24/24 $3.51
- Most Recent NAV Change As of 12/24/24 $0.03 | 0.86%
- Fund Number 1042
- Maximum Sales Charge 5.75%
-
Gross Expense Ratio
1.15%
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
-
Net Expense Ratio
1.14%
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 02/28/25
MANAGERS
Commodity Exposures (%)
As of 11/30/24Commodity Exposures (%) Portfolio Bloomberg Commodity Index Underweight/ Overweight Softs 10.9 8.8 2.1 Coffee 6.3 4.8 1.5 Cotton 2.4 1.3 1.1 Sugar 2.2 2.6 -0.4 Energy 28.1 28.3 -0.2 Unleaded Gasoline 3.4 1.8 1.6 Heating Oil 2.8 1.7 1.1 WTI Crude Oil 6.5 6.3 0.2 Gas/Oil 2.0 2.3 -0.3 Brent Crude 5.6 6.5 -0.9 Natural Gas 7.8 9.6 -1.8 Industrial Metals 13.7 14.9 -1.2 Lead 0.7 - 0.7 Zinc 3.4 2.8 0.6 Nickel 2.1 2.3 -0.2 Aluminum 3.9 4.4 -0.5 Copper (COMEX) 3.7 5.4 -1.7 Livestock 4.0 5.6 -1.6 Lean Hogs 2.6 2.1 0.5 Live Cattle 3.1 3.6 -0.5 Feeder Cattle -1.8 - -1.8 Precious Metals 19.6 23.1 -3.5 Silver 4.1 5.6 -1.5 Gold 15.5 17.5 -2.0 Grains 12.2 18.5 -6.3 Soybean Meal 2.4 2.6 -0.2 Soybean Oil 2.4 2.7 -0.3 Soybeans 3.9 4.3 -0.4 Wheat 0.9 2.3 -1.4 Kansas Wheat -0.1 1.5 -1.6 Corn 2.7 5.0 -2.3 Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Bond: Investments in debt instruments may decline in value as the result of, or perception of, declines in the credit quality of the issuer, borrower, counterparty, or other entity responsible for payment, underlying collateral, or changes in economic, political, issuer-specific, or other conditions. Certain types of debt instruments can be more sensitive to these factors and therefore more volatile. In addition, debt instruments entail interest rate risk (as interest rates rise, prices usually fall). Therefore, the portfolio's value may decline during rising rates. Portfolios that consist of debt instruments with longer durations are generally more sensitive to a rise in interest rates than those with shorter durations. At times, and particularly during periods of market turmoil, all or a large portion of segments of the market may not have an active trading market. As a result, it may be difficult to value these investments and it may not be possible to sell a particular investment or type of investment at any particular time or at an acceptable price. The price of an instrument trading at a negative interest rate responds to interest rate changes like other debt instruments; however, an instrument purchased at a negative interest rate is expected to produce a negative return if held to maturity.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
International: Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, currency, economic, industry, political, regulatory, geopolitical, or other conditions.
Derivatives: Investments in derivatives can be used to take both long and short positions, be highly volatile, involve leverage (which can magnify losses), and involve risks in addition to the risks of the underlying indicator(s) on which the derivative is based, such as counterparty and liquidity risk.
High Yield: Investments in below investment grade quality debt instruments can be more volatile and have greater risk of default, or already be in default, than higher-quality debt instruments.
Commodity: Commodity-related investments can be more volatile than investments in equity securities or debt instruments and can be affected by changes in overall market movements, commodity index volatility, changes in interest rates, currency fluctuations, or factors affecting a particular industry or commodity, and demand/supply imbalances in the market for the commodity. Events that affect the financial services sector may have a significant adverse effect on the portfolio.
Subsidiary: The Fund may also invest up to 25% of the fund's assets in MFS Commodity Strategy Portfolio, a wholly-owned and controlled subsidiary organized in the Cayman Islands (the "Subsidiary"). The Subsidiary is not registered as an investment company under the Investment Company Act of 1940 (the Act) and is not subject to all of the investor protections of the Act. Changes in the laws impacting the fund or the Subsidiary could negatively affect the fund and its shareholders. By investing in the Subsidiary, the fund is exposed to the risks associated with the Subsidiary's investments, including the risks associated with the additional use of leverage and derivatives.
Allocation: MFS' assessment of the risk/return potential of commodity sectors and the resulting allocation among commodity sectors may not produce the intended results and/or can lead to an investment focus that results in the portfolio underperforming other portfolios with similar investment strategies and/or underperforming the markets in which the portfolio invests.
Please see the prospectus for further information on these and other risk considerations.
Philipp Burgener, CFA
Portfolio Manager
25YEARS WITH INDUSTRY
6YEARS WITH PORTFOLIOPhilipp S. Burgener, CFA, is an investment officer and fixed income portfolio manager at MFS Investment Management® (MFS®). He is part of the portfolio management teams for the limited maturity strategy as well as the US and global opportunistic fixed income strategies and serves as the leader of MFS' structured product team. Philipp assumed his portfolio manager role in 2017. He first joined the structured product team in 2003 as a research associate and became a research analyst in 2005. Prior to that, he served as a quantitative research associate. He joined MFS in 2000 in a sales role. Philipp earned a Bachelor of Arts degree from Colgate University and a Master of Science degree from Boston University. He holds the Chartered Financial Analyst (CFA) designation and is a member of CFA Society Boston.
Alexander Mackey, CFA
Portfolio Manager
VIEW FULL PROFILE26YEARS WITH INDUSTRY
8YEARS WITH PORTFOLIOAlexander M. Mackey, CFA, is co-chief investment officer of Fixed Income at MFS Investment Management® (MFS®). As co-CIO, he has joint oversight of MFS' global fixed income team and works collaboratively with the firm's investment leadership team to ensure its fixed income investors have the tools and skill sets necessary to serve clients globally. He is also a fixed income portfolio manager on several strategies, including the firm's multisector fixed income strategies, with oversight of dedicated US credit portfolios. Alexander assumed his current role in 2023. Prior to taking on portfolio management responsibilities in 2017, he worked as a credit research analyst for 13 years and a fixed income research associate for three years. He joined MFS as a financial control assistant in 1998. Alexander has a bachelor's degree from Trinity College and holds the Chartered Financial Analyst (CFA) designation. He is a member of CFA Society Boston.
Ben Nastou, CFA
Portfolio Manager
23YEARS WITH INDUSTRY
15YEARS WITH PORTFOLIOBenjamin R. Nastou, CFA, is an investment officer and co-CIO of quantitative solutions at MFS Investment Management® (MFS®). In his role, he oversees quantitative portfolio management and research at the firm. Ben joined MFS in 2001 as a fixed income research associate and was promoted to quantitative research analyst in 2003. He was named portfolio manager in 2010 and co-director of quantitative solutions in 2021 before taking on his current role in 2024. Ben earned a Bachelor of Arts degree in economics and mathematics from Dartmouth College. He is a member of the Boston Security Analysts Society, Inc. and holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
Natalie Shapiro, Ph.D.
Portfolio Manager
31YEARS WITH INDUSTRY
15YEARS WITH PORTFOLIONatalie I. Shapiro, Ph.D., is an investment officer and multi-asset portfolio manager at MFS Investment Management® (MFS®). As a member of the portfolio management teams for the firm's commodity and global multi-asset strategies, she is responsible for final buy and sell decisions, portfolio construction and risk and cash management. Additionally, she participates in the research process and strategy discussions. Natalie joined MFS in 1997 as a quantitative research analyst and took on portfolio management responsibilities in 2007. Prior to joining the firm, she served as a research associate for three years at the Federal Reserve Bank of Boston. Natalie earned a Bachelor of Arts degree in economics with honors from Wellesley College and a doctorate in economics from the University of Pennsylvania.
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Performance
Performance
Average Annual Total ReturnsAverage Annual Total Returns (%)
These results represent the percent change in net asset value.Monthly | Quarterly As of 09/30/24 (*YTD Updated Daily, As of 12/24/24 , subject to revision and not annualized.)Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.Important Performance Information
Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the fund's performance results would be less favorable. All results are historical and assume the reinvestment of dividends and capital gains.Sales Charges
Class A shares ("A") results include the maximum sales charge.
Annual Rate of ReturnAnnual Rate of Return (%)
As of 12/31/23 | Benchmark: Bloomberg Commodity Indexannual rate of return table 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At NAV -16.90 -23.57 11.40 3.38 -12.97 7.59 -0.56 27.94 12.85 -6.48 With Sales Charge -21.68 -27.96 4.99 -2.57 -17.98 1.40 -6.28 20.58 6.36 -11.86 Bloomberg Commodity Index -17.01 -24.66 11.77 1.70 -11.25 7.69 -3.12 27.11 16.09 -7.91 At NAV With Sales Charge Bloomberg Commodity Index 2023 -6.48 -11.86 -7.91 2022 12.85 6.36 16.09 2021 27.94 20.58 27.11 2020 -0.56 -6.28 -3.12 2019 7.59 1.4 7.69 2018 -12.97 -17.98 -11.25 2017 3.38 -2.57 1.7 2016 11.4 4.99 11.77 2015 -23.57 -27.96 -24.66 2014 -16.9 -21.68 -17.01 Pricing & DistributionsPricing History
- NAV at Close of Trading on: 12/24/24
- Net Asset Value (NAV): $3.51
- Change ($) (since 12/23/24 ): 0.03
- Change (%) (since 12/23/24 ): 0.86
- Market Price (MP):
Maximum data displayed is for the most recent 10 yearsHistorical NAV LookupEnter date for which you wish to obtain a Historical NAV for this fundHistorical NAV may not be available for all dates.
Historical MP LookupEnter date for which you wish to obtain a Historical MP for this fundHistorical MP may not be available for all dates.
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax. (Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses. (Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of 12/25/24
Record Date Ex-Date Payable Date Type of Earnings Rate per Share (US$) Reinvestment NAV (US$) 12/09/24 12/10/24 12/11/24 Dividend 0.10753 3.53 Past performance is no guarantee of future results. Please consult your tax advisor for further information.