U.S. Government Money Market Portfolio
You could lose money by investing in this investment option. Although the money market fund in which your investment option invests (the "underlying fund") seeks to preserve its value at $1.00 per share, the underlying fund cannot guarantee it will do so. An investment in this investment option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying fund's sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support to the underlying fund at any time.
INVESTMENT OBJECTIVE
Seeks a high level of current income consistent with preservation of capital and liquidity.
Fund Information
- Fund Commencement 07/19/1985
- Net Assets ($ M) As of 02/28/25 $268.85
Share Class Information
- Class Inception 07/19/1985
- Net Asset Value (NAV) As of 04/04/25 $1.00
- Most Recent NAV Change As of 04/04/25 $0.00 | 0.00%
- CUSIP 55274F398
-
Gross Expense Ratio
0.45%
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
0.44%
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 04/30/25
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Daily and Historical Information
View
Daily and Historical Information is a report which provides the Daily Liquid Assets (% of Portfolio). Weekly liquid Assets (% of Portfolio), Net Shareholder Flows, Net Asset Value (NAV) and the Net Asset Value (at Market) for each business day during the previous 6 months. Definitions of these terms may be found on the report.
MANAGERS
Top 10 Holdings
- SSB FICC REPO - 4.340% MAR 03 25 - UST503
- BOFA SECURITIES INC REPO - 4.350% MAR 03 25 - BAC503
- US TREASURY BILL - 4.270% APR 08 25 - UST504
- US TREASURY BILL - 4.370% MAR 11 25 - UST503
- US TREASURY BILL - 4.220% MAY 08 25 - UST505
- US TREASURY BILL - 4.165% APR 17 25 - UST504
- US TREASURY BILL - 4.230% MAR 06 25 - UST503
- FANNIE MAE - 4.240% APR 16 25 - FNM504
- US TREASURY BILL - 4.180% APR 01 25 - UST504
- FREDDIE MAC - 4.190% MAR 25 25 - FHL503
Important Risk Considerations
Liquidity: It may be difficult to value, and it may not be possible to sell, certain investments, types of investments, and/or investments in certain segments of the market, and the portfolio may have to sell certain of these investments at a price or time that is not advantageous in order to meet redemptions or other cash needs.
Performance
Average Annual Total Returns (%)
Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your units, 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 portfolios' performance results would be less favorable. All results assume the reinvestment of dividends and capital gains.
The returns for the portfolio shown do not reflect the deduction of expenses associated with variable products, such as mortality and expense risk charges, separate account charges, and sales charges imposed by insurance company separate accounts. Such expenses would reduce the overall returns shown. Please refer to the variable product's annual report for performance that reflects the deduction of the fees and charges imposed by insurance company separate accounts.
Withdrawals of taxable amounts from variable annuity contracts prior to age 59½ may be subject to an additional 10% federal tax penalty as well as income tax. Amounts withdrawn from a variable insurance contract will reduce the death benefit and withdrawals of earnings will be subject to income tax.
Prior to January 1, 2008, the MFS® Variable Insurance Trust II portfolios were formerly known as the MFS®Sun Life Series Trusts.
Performance information prior to April 29, 2016, reflects time periods when the fund was not considered a U.S. Government money market fund and had different investment policies and strategies. The fund's investment policies and strategies changed effective April 29, 2016.
Sales Charges
Initial Class shares have no sales charge.
No representation is made, and no assurance can be given, that any investment's results will be comparable to the investment results of any other product with similar investment objectives and policies, including products with the same investment professional or manager. Differences in portfolio size, investments held, contract and portfolio expenses, and other factors can be expected to affect performance.
A Word About Variable Products
Issued by insurance companies, variable annuity and variable life insurance contracts allow investors to accumulate money on a tax deferred basis for long-term financial goals. Mortality and expense charges (which compensate the insurance company for insurance risks it assumes under the contract), surrender charges (typically levied if a contract holder cancels it within a certain period following initial purchase), and an annual maintenance charge are among the fees typically associated with these types of variable products.
Also keep in mind that any income guarantees are subject to the claims-paying ability of the issuing insurance company, and that contract owners have options when a contract's payout phase begins. Generally, investors may take their money in a lump sum, make discretionary or systematic distributions, or they can annuitize.
Please refer investors to your variable annuity or life insurance contract as well as the underlying fund prospectus(es) for more detailed information and other important considerations, which should be read carefully before investing.
Annual Rate of Return (%)
As of 12/31/24| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | 0.00 | 0.01 | 0.30 | 1.26 | 1.63 | 0.22 | 0.00 | 1.17 | 4.58 | 4.84 |
| At NAV | ||
|---|---|---|
| 2024 | 4.84 | |
| 2023 | 4.58 | |
| 2022 | 1.17 | |
| 2021 | - | |
| 2020 | 0.22 | |
| 2019 | 1.63 | |
| 2018 | 1.26 | |
| 2017 | 0.3 | |
| 2016 | 0.01 | |
| 2015 | - |
Pricing History
- NAV at Close of Trading on: 04/04/25
- Net Asset Value (NAV): $1.00
- Change ($) (since 04/03/25 ): 0.00
- Change (%) (since 04/03/25 ): 0.00
- Market Price (MP):
Historical NAV may not be available for all dates.
Historical MP may not be available for all dates.
7-Day SEC Yield (%)
Based on the latest seven days ended with dividends annualized. The yield quotation more closely reflects the current earnings of the Money Market portfolio than the total return quotation.Subsidies and fee waivers may be imposed at any time to enhance a fund's yield during periods when the fund's operating expenses have a significant impact on the fund's yield due to lower interest rates.
Subsidies and fee waivers may be imposed at any time to enhance a fund's yield during periods when the fund's operating expenses have a significant impact on the fund's yield due to lower interest rates.
As of 02/28/25
| Wavier | Yield Seven day value |
| Without Waiver | 3.90 |
| With Waiver | 3.91 |
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 04/04/25
| Record Date | Ex-Date | Payable Date | Type of Earnings | Rate per Share (US$) | Reinvestment NAV (US$) |
|---|---|---|---|---|---|
| 03/31/25 | 03/31/25 | 04/01/25 | Dividend | 0.00329 | 1.00 |
| 02/28/25 | 02/28/25 | 03/03/25 | Dividend | 0.00299 | 1.00 |
| 01/31/25 | 01/31/25 | 02/03/25 | Dividend | 0.00335 | 1.00 |
| 12/31/24 | 12/31/24 | 12/31/24 | Dividend | 0.00347 | 1.00 |
| 11/29/24 | 11/29/24 | 12/02/24 | Dividend | 0.00349 | 1.00 |
| 10/31/24 | 10/31/24 | 11/01/24 | Dividend | 0.00378 | 1.00 |
| 09/30/24 | 09/30/24 | 10/01/24 | Dividend | 0.00389 | 1.00 |
| 08/30/24 | 08/30/24 | 09/03/24 | Dividend | 0.00414 | 1.00 |
| 07/31/24 | 07/31/24 | 08/01/24 | Dividend | 0.00417 | 1.00 |
| 06/28/24 | 06/28/24 | 07/01/24 | Dividend | 0.00403 | 1.00 |
| 05/31/24 | 05/31/24 | 06/03/24 | Dividend | 0.00415 | 1.00 |
| 04/30/24 | 04/30/24 | 05/01/24 | Dividend | 0.00402 | 1.00 |
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Overview
INVESTMENT OBJECTIVE
Seeks a high level of current income consistent with preservation of capital and liquidity.
Fund Information
- Fund Commencement 07/19/1985
- Net Assets ($ M) As of 02/28/25 $268.85
Share Class Information
- Class Inception 07/19/1985
- Net Asset Value (NAV) As of 04/04/25 $1.00
- Most Recent NAV Change As of 04/04/25 $0.00 | 0.00%
- CUSIP 55274F398
-
Gross Expense Ratio
0.45%
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
0.44%
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 04/30/25
-
Daily and Historical Information
View
Daily and Historical Information is a report which provides the Daily Liquid Assets (% of Portfolio). Weekly liquid Assets (% of Portfolio), Net Shareholder Flows, Net Asset Value (NAV) and the Net Asset Value (at Market) for each business day during the previous 6 months. Definitions of these terms may be found on the report.
MANAGERS
Top 10 Holdings
As of 02/28/25- SSB FICC REPO - 4.340% MAR 03 25 - UST503
- BOFA SECURITIES INC REPO - 4.350% MAR 03 25 - BAC503
- US TREASURY BILL - 4.270% APR 08 25 - UST504
- US TREASURY BILL - 4.370% MAR 11 25 - UST503
- US TREASURY BILL - 4.220% MAY 08 25 - UST505
- US TREASURY BILL - 4.165% APR 17 25 - UST504
- US TREASURY BILL - 4.230% MAR 06 25 - UST503
- FANNIE MAE - 4.240% APR 16 25 - FNM504
- US TREASURY BILL - 4.180% APR 01 25 - UST504
- FREDDIE MAC - 4.190% MAR 25 25 - FHL503
Important Risk Considerations
Liquidity: It may be difficult to value, and it may not be possible to sell, certain investments, types of investments, and/or investments in certain segments of the market, and the portfolio may have to sell certain of these investments at a price or time that is not advantageous in order to meet redemptions or other cash needs.
-
Performance
Performance
Average Annual Total ReturnsAverage Annual Total Returns (%)
These results represent the percent change in net asset value.Monthly | Quarterly As of 03/31/25 (*YTD Updated Daily, As of 04/03/25 , 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 units, 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 portfolios' performance results would be less favorable. All results assume the reinvestment of dividends and capital gains.
The returns for the portfolio shown do not reflect the deduction of expenses associated with variable products, such as mortality and expense risk charges, separate account charges, and sales charges imposed by insurance company separate accounts. Such expenses would reduce the overall returns shown. Please refer to the variable product's annual report for performance that reflects the deduction of the fees and charges imposed by insurance company separate accounts.
Withdrawals of taxable amounts from variable annuity contracts prior to age 59½ may be subject to an additional 10% federal tax penalty as well as income tax. Amounts withdrawn from a variable insurance contract will reduce the death benefit and withdrawals of earnings will be subject to income tax.
Prior to January 1, 2008, the MFS® Variable Insurance Trust II portfolios were formerly known as the MFS®Sun Life Series Trusts.
Performance information prior to April 29, 2016, reflects time periods when the fund was not considered a U.S. Government money market fund and had different investment policies and strategies. The fund's investment policies and strategies changed effective April 29, 2016.
Sales Charges
Initial Class shares have no sales charge.
No representation is made, and no assurance can be given, that any investment's results will be comparable to the investment results of any other product with similar investment objectives and policies, including products with the same investment professional or manager. Differences in portfolio size, investments held, contract and portfolio expenses, and other factors can be expected to affect performance.
A Word About Variable Products
Issued by insurance companies, variable annuity and variable life insurance contracts allow investors to accumulate money on a tax deferred basis for long-term financial goals. Mortality and expense charges (which compensate the insurance company for insurance risks it assumes under the contract), surrender charges (typically levied if a contract holder cancels it within a certain period following initial purchase), and an annual maintenance charge are among the fees typically associated with these types of variable products.
Also keep in mind that any income guarantees are subject to the claims-paying ability of the issuing insurance company, and that contract owners have options when a contract's payout phase begins. Generally, investors may take their money in a lump sum, make discretionary or systematic distributions, or they can annuitize.
Please refer investors to your variable annuity or life insurance contract as well as the underlying fund prospectus(es) for more detailed information and other important considerations, which should be read carefully before investing.Annual Rate of ReturnAnnual Rate of Return (%)
As of 12/31/24annual rate of return table 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 At NAV 0.00 0.01 0.30 1.26 1.63 0.22 0.00 1.17 4.58 4.84 At NAV 2024 4.84 2023 4.58 2022 1.17 2021 - 2020 0.22 2019 1.63 2018 1.26 2017 0.3 2016 0.01 2015 - Pricing & DistributionsPricing History
- NAV at Close of Trading on: 04/04/25
- Net Asset Value (NAV): $1.00
- Change ($) (since 04/03/25 ): 0.00
- Change (%) (since 04/03/25 ): 0.00
- 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.
7-Day SEC Yield (%)
Based on the latest seven days ended with dividends annualized. The yield quotation more closely reflects the current earnings of the Money Market portfolio than the total return quotation.Subsidies and fee waivers may be imposed at any time to enhance a fund's yield during periods when the fund's operating expenses have a significant impact on the fund's yield due to lower interest rates.
As of 02/28/25
Wavier Yield Seven day value Without Waiver 3.90 With Waiver 3.91 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 04/04/25
Record Date Ex-Date Payable Date Type of Earnings Rate per Share (US$) Reinvestment NAV (US$) 03/31/25 03/31/25 04/01/25 Dividend 0.00329 1.00 02/28/25 02/28/25 03/03/25 Dividend 0.00299 1.00 01/31/25 01/31/25 02/03/25 Dividend 0.00335 1.00 12/31/24 12/31/24 12/31/24 Dividend 0.00347 1.00 11/29/24 11/29/24 12/02/24 Dividend 0.00349 1.00 10/31/24 10/31/24 11/01/24 Dividend 0.00378 1.00 09/30/24 09/30/24 10/01/24 Dividend 0.00389 1.00 08/30/24 08/30/24 09/03/24 Dividend 0.00414 1.00 07/31/24 07/31/24 08/01/24 Dividend 0.00417 1.00 06/28/24 06/28/24 07/01/24 Dividend 0.00403 1.00 05/31/24 05/31/24 06/03/24 Dividend 0.00415 1.00 04/30/24 04/30/24 05/01/24 Dividend 0.00402 1.00