Full & Historical Holdings

Emerging Markets Equity Research Fund


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Based on Market Value Based on Equivalent Exposure
CUSIP/SEDOL Ticker Securities
(on 10-31-25)
Shares or Par Amount Value Percent of Net Assets Value Percent of Net Assets Market Cap ($mm) Sectors

The sectors described and the associated portfolio composition are based on MFS' own sector classification methodology which differs from industry classification standards, including the standard that is associated with the benchmark composition presented. The variance in sector weights between the portfolio and the benchmark would be different if an industry classification standard was used.  

Country
688910 2330 TT Taiwan Semiconductor Manufacturing Co Ltd 11,000 $536,742.46 13.31% $536,742.46 13.31% 1,265,375.96 Information Technology Taiwan
BMMV2K 700 HK Tencent Holdings Ltd 3,900 $315,691.94 7.83% $315,691.94 7.83% 741,917.66 Communication Services China
677172 005930 KS Samsung Electronics Co Ltd 1,599 $121,068.40 2.99% $120,647.48 2.99% 504,477.22 Information Technology South Korea
645026 000660 KS SK Hynix Inc 295 $115,743.11 2.87% $115,743.11 2.87% 285,631.40 Information Technology South Korea
BK1N46 HDFCB IN HDFC Bank Ltd 10,275 $114,276.95 2.83% $114,276.95 2.83% 170,872.65 Financials India
B0LMTQ 939 HK China Construction Bank Corp 96,000 $95,128.40 2.36% $95,128.40 2.36% 259,225.27 Financials China
609962 RELIANCE Reliance Industries Ltd 5,663 $94,822.18 2.35% $94,822.18 2.35% 226,589.89 Energy India
610018 MM IN Mahindra & Mahindra Ltd 2,030 $79,744.47 1.98% $79,744.47 1.98% 48,849.53 Consumer Discretionary India
01609W10 BABA US Alibaba Group Holding Ltd ADR 450 $76,693.50 1.90% $76,693.50 1.90% 406,659.55 Consumer Discretionary China
B28PFX EMIRATES Emirates NBD Bank PJSC 9,663 $73,927.03 1.83% $73,927.03 1.83% 48,325.30 Financials United Arab Emirates
BFXZDY 3711 TT ASE Technology Holding Co Ltd 9,000 $72,460.23 1.80% $72,460.23 1.80% 35,715.99 Information Technology Taiwan
645166 3008 TT Largan Precision Co Ltd 1,000 $72,053.61 1.79% $72,053.61 1.79% 9,616.87 Information Technology Taiwan
BG087C ETE GA National Bank of Greece SA 4,684 $68,810.42 1.71% $68,810.42 1.71% 13,437.65 Financials Greece
91912E10 VALE US Vale SA ADR 5,469 $66,120.21 1.64% $66,120.21 1.64% 54,876.61 Materials Brazil
623084 UNTR IJ United Tractors Tbk PT 40,200 $65,025.86 1.61% $65,025.86 1.61% 6,033.71 Energy Indonesia
626073 2308 TT Delta Electronics Inc 2,000 $64,734.39 1.61% $64,734.39 1.61% 84,075.20 Information Technology Taiwan
B0L0W3 UPLL IN UPL Ltd 7,706 $62,510.00 1.55% $62,510.00 1.55% 6,840.84 Materials India
05946030 BBD US Banco Bradesco SA ADR 17,464 $61,163.05 1.46% $59,028.32 1.46% 35,750.30 Financials Brazil
G2519Y10 BAP US Credicorp Ltd 219 $57,159.00 1.42% $57,159.00 1.42% 20,758.14 Financials Peru
72230410 PDD US PDD Holdings Inc ADR 420 $56,645.40 1.40% $56,645.40 1.40% 191,467.72 Consumer Discretionary China
B1DYPZ 3968 HK China Merchants Bank Co Ltd 9,000 $56,335.78 1.40% $56,335.78 1.40% 157,864.41 Financials China
653665 1211 HK BYD Co Ltd 4,300 $55,669.16 1.38% $55,669.16 1.38% 118,034.12 Consumer Discretionary China
B1FW75 GALP PL Galp Energia SGPS SA 2,677 $53,674.78 1.33% $53,674.78 1.33% 15,043.12 Energy Portugal
B0190C 669 HK Techtronic Industries Co Ltd 4,500 $52,583.15 1.30% $52,583.15 1.30% 21,393.69 Industrials Hong Kong
BN2BZT BOCHGR GA Bank of Cyprus Holdings PLC 5,172 $47,572.82 1.18% $47,572.82 1.18% 4,007.50 Financials Cyprus
620512 INFO IN Infosys Ltd 2,837 $48,116.01 1.17% $47,372.15 1.17% 69,370.09 Information Technology India
B0JGGP ITC IN ITC Ltd 9,854 $46,660.70 1.16% $46,660.70 1.16% 59,321.87 Consumer Staples India
64110W10 NTES US NetEase Inc ADR 332 $46,513.20 1.15% $46,513.20 1.15% 88,766.24 Communication Services China
613566 KMB IN Kotak Mahindra Bank Ltd 1,957 $46,343.89 1.15% $46,343.89 1.15% 47,092.93 Financials India
B4TX8S 1299 HK AIA Group Ltd 4,600 $44,664.79 1.11% $44,664.79 1.11% 101,995.35 Financials Hong Kong
B12LSY SABB AB Saudi Awwal Bank 5,069 $43,738.59 1.08% $43,738.59 1.08% 17,730.09 Financials Saudi Arabia
653551 1193 HK China Resources Gas Group Ltd 15,900 $43,706.56 1.08% $43,706.56 1.08% 6,360.85 Utilities China
688879 KBANK/F TB Kasikornbank PCL 7,500 $43,258.08 1.07% $43,258.08 1.07% 13,803.71 Financials Thailand
637248 2454 TT MediaTek Inc 1,000 $42,614.10 1.06% $42,614.10 1.06% 68,349.97 Information Technology Taiwan
BD5CPP 000333 C2 Midea Group Co Ltd 3,800 $40,813.11 1.01% $40,813.11 1.01% 82,336.74 Consumer Discretionary China
BP8ZH4 2076 HK Kanzhun Ltd 3,700 $40,782.83 1.01% $40,782.83 1.01% 9,583.65 Industrials China
BP3R2F 600519 C1 Kweichow Moutai Co Ltd 200 $40,206.09 1.00% $40,206.09 1.00% 251,744.46 Consumer Staples China
BG36ZK B3SA3 BZ B3 SA - Brasil Bolsa Balcao 16,800 $39,533.45 0.98% $39,533.45 0.98% 12,393.03 Financials Brazil
BD4T6W TLKM IJ Telkom Indonesia Persero Tbk PT 202,900 $39,164.70 0.97% $39,164.70 0.97% 19,121.45 Communication Services Indonesia
608039 914 HK Anhui Conch Cement Co Ltd 13,000 $38,712.83 0.96% $38,712.83 0.96% 15,714.61 Materials China
38059T10 GFI US Gold Fields Ltd ADR 989 $37,987.49 0.94% $37,987.49 0.94% 34,377.88 Materials South Africa
667357 IQCD QD Industries Qatar QSC 10,846 $37,831.42 0.94% $37,831.42 0.94% 21,102.72 Industrials Qatar
B3DF0Y 105560 KS KB Financial Group Inc 440 $36,009.12 0.89% $36,009.12 0.89% 31,218.45 Financials South Korea
615525 000810 KS Samsung Fire & Marine Insurance Co Ltd 114 $35,326.20 0.88% $35,326.20 0.88% 14,257.89 Financials South Korea
600521 2345 TT Accton Technology Corp 1,000 $35,132.23 0.87% $35,132.23 0.87% 19,713.33 Information Technology Taiwan
B2Q5H5 2601 HK China Pacific Insurance Group Co Ltd 8,600 $34,862.40 0.86% $34,862.40 0.86% 38,998.63 Financials China
B1Y1SQ JMT PL Jeronimo Martins SGPS SA 1,302 $33,526.76 0.83% $33,526.76 0.83% 16,204.43 Consumer Staples Portugal
643856 2317 TT Hon Hai Precision Industry Co Ltd 4,000 $33,505.74 0.83% $33,505.74 0.83% 116,970.41 Information Technology Taiwan
BS7JP3 6488 TT Globalwafers Co Ltd 2,000 $33,050.32 0.82% $33,050.32 0.82% 7,900.91 Information Technology Taiwan
697245 291 HK China Resources Beer Holdings Co Ltd 9,500 $32,520.22 0.81% $32,520.22 0.81% 11,105.41 Consumer Staples China
672712 BBNI IJ Bank Negara Indonesia Persero Tbk PT 119,800 $31,552.86 0.78% $31,552.86 0.78% 9,823.35 Financials Indonesia
BW1YVH WALMEX* MM Wal-Mart de Mexico SAB de CV 9,440 $31,208.38 0.77% $31,208.38 0.77% 57,677.05 Consumer Staples Mexico
294542 WEGE3 BZ WEG SA 3,900 $30,518.87 0.76% $30,518.87 0.76% 32,845.49 Industrials Brazil
621808 992 HK Lenovo Group Ltd 20,000 $29,238.60 0.72% $29,238.60 0.72% 18,134.74 Information Technology China
239254 GRUMAB MM Gruma SAB de CV 1,628 $27,628.29 0.69% $27,628.29 0.69% 6,285.49 Consumer Staples Mexico
B27WRM 3888 HK Kingsoft Corp Ltd 6,000 $26,144.87 0.65% $26,144.87 0.65% 6,102.32 Communication Services China
282388 AC* MM Arca Continental SAB de CV 2,627 $25,443.52 0.63% $25,443.52 0.63% 16,447.65 Consumer Staples Mexico
BD5CCK 300347 C2 Hangzhou Tigermed Consulting Co Ltd 2,800 $23,570.16 0.58% $23,570.16 0.58% 7,196.26 Health Care China
B7FQV6 RADL3 BZ Raia Drogasil SA 6,159 $23,121.92 0.57% $22,896.12 0.57% 6,386.70 Consumer Staples Brazil
B08K3S RENT3 BZ Localiza Rent a Car SA 3,088 $22,943.28 0.56% $22,637.89 0.56% 7,936.61 Industrials Brazil
BZ1G17 145020 KS Hugel Inc 119 $21,883.14 0.54% $21,883.14 0.54% 2,262.61 Health Care South Korea
BN12D3 ADNOCDRI ADNOC Drilling Co PJSC 14,304 $21,790.55 0.54% $21,730.85 0.54% 24,307.44 Energy United Arab Emirates
658248 SUNP IN Sun Pharmaceutical Industries Ltd 1,134 $21,597.69 0.54% $21,597.69 0.54% 45,696.73 Health Care India
B10LQP TOTS3 BZ TOTVS SA 2,500 $20,618.22 0.51% $20,618.22 0.51% 4,943.44 Information Technology Brazil
B5B23W 1928 HK Sands China Ltd 7,600 $19,795.77 0.49% $19,795.77 0.49% 21,080.88 Consumer Discretionary Hong Kong
V5633W10 MMYT US MakeMyTrip Ltd 202 $16,160.00 0.40% $16,160.00 0.40% 7,611.79 Consumer Discretionary India
B00KT6 PLNG IN Petronet LNG Ltd 5,079 $16,091.57 0.40% $16,091.57 0.40% 4,752.38 Energy India
71654V40 PBR US Petroleo Brasileiro SA - Petrobras ADR 1,364 $16,175.09 0.39% $15,876.96 0.39% 75,012.42 Energy Brazil
B15SK5 090430 KS Amorepacific Corp 178 $15,104.54 0.37% $15,104.54 0.37% 5,853.93 Consumer Staples South Korea
BYX9GP 241560 KS Doosan Bobcat Inc 231 $9,776.66 0.24% $9,776.66 0.24% 4,056.94 Industrials South Korea
71654V10 PBR/A US Petroleo Brasileiro SA ADR 768 $8,654.25 0.21% $8,486.40 0.21% 30,091.92 Energy Brazil
505160 HTO GA Hellenic Telecommunications Organization SA 1 $18.80 0.00% $18.80 0.00% 7,592.33 Communication Services Greece
CASH_USD CASH_USD Cash - 47,254.32 1.17% 47,074.86 1.17% - - -
CASH_DERV - Other - -0.02 - 179.44 0.00% - - Other

*Short positions, unlike long positions, lose value if the underlying asset gains value.

Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.

The list of portfolio holdings is as of the date shown and may not represent current or future portfolio composition. This information should not be construed as a recommendation to buy or sell any of the securities mentioned.

This portfolio data has not been audited or adjusted for certain financial statement reclassifications. An audit could potentially result in adjustments to this data. For adjusted holdings information, please refer to the fund's quarterly portfolio holdings and semiannual reports. For audited portfolio holdings information, please refer to the fund's annual report.

A complete list of portfolio holdings for each MFS fund is generally available on mfs.com at the earliest, 19 days after the end of each month. Top 10 portfolio holdings are generally available at the earliest, 11 calendar days after the end of each month.

When posting a fund's top 10 securities holdings, if applicable, for funds with significant investments in both equity and debt instrument securities, the fund's top 10 equity and top 10 debt instrument securities will be made available. In addition, for funds that primarily invest in shares of MFS funds, when posting a fund's top 10 securities holdings, all of the following, as applicable, will be posted all securities positions in shares of MFS funds, top 10 aggregated equity securities contained within fund investments and top 10 aggregated debt instrument securities positions contained within underlying fund investments.

 

This website is a general communication and is provided for informational and/or educational purposes only. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. Your use of this website indicates that you agree with the intended purpose. Prior to making any investment or financial decision, you should seek individualized advice from a personal financial, tax, and other professionals who are able to provide advice in the context of your particular financial situation.

The information provided on this page should be read in conjunction with the fund's prospectus or summary prospectus for the portfolio being offered, which are available online here or by contacting MFS. Consider the fund's investment objectives, risks, charges, and expenses, and otherwise read these documents carefully before you invest. Shares of the funds are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Shares of the funds involve investment risk, including possible loss of principal. 

MFS registered investment products are offered through MFS® Fund Distributors, Inc., Member SIPC, 111 Huntington Avenue, Boston, MA 02199.

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