Effective Date 09/25/24 The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the mutual fund analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Morningstar's analysts use this five-pillar evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating ultimately reflects the analysts' overall assessment and is overseen by Morningstar's Analyst Rating Committee. The approach serves not as a formula but as a framework to ensure consistency across Morningstar's global coverage universe. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction. A fund with a "Silver" rating distinguishes itself with advantages that outweigh the disadvantages across the five pillars and with sufficient level of analyst conviction to warrant a positive rating. A Fund with a "Bronze" rating distinguishes itself with notable advantages across several, but perhaps not all, of the five pillars—strengths that give the analysts a high level of conviction. Analyst Ratings are reevaluated at least every 14 months.
International Equity Fund
Effective Date 09/25/24 The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the mutual fund analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Morningstar's analysts use this five-pillar evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating ultimately reflects the analysts' overall assessment and is overseen by Morningstar's Analyst Rating Committee. The approach serves not as a formula but as a framework to ensure consistency across Morningstar's global coverage universe. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction. A fund with a "Silver" rating distinguishes itself with advantages that outweigh the disadvantages across the five pillars and with sufficient level of analyst conviction to warrant a positive rating. A Fund with a "Bronze" rating distinguishes itself with notable advantages across several, but perhaps not all, of the five pillars—strengths that give the analysts a high level of conviction. Analyst Ratings are reevaluated at least every 14 months.
Effective Date 09/25/24 The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the mutual fund analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Morningstar's analysts use this five-pillar evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating ultimately reflects the analysts' overall assessment and is overseen by Morningstar's Analyst Rating Committee. The approach serves not as a formula but as a framework to ensure consistency across Morningstar's global coverage universe. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction. A fund with a "Silver" rating distinguishes itself with advantages that outweigh the disadvantages across the five pillars and with sufficient level of analyst conviction to warrant a positive rating. A Fund with a "Bronze" rating distinguishes itself with notable advantages across several, but perhaps not all, of the five pillars—strengths that give the analysts a high level of conviction. Analyst Ratings are reevaluated at least every 14 months.
INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
A well-diversified portfolio of high-conviction ideas following a growth-at-a-reasonable price style with a quality bias
An investment philosophy based on our belief that stocks trading at a discount to their projected value have a greater potential for multiple expansion
Individual stock selection as the primary source of alpha generation over the long term, due to a focus on seeking to identify high quality, attractively valued companies through our global research platform
Fund Information
- Fund Commencement 01/31/1996
- Net Assets ($ M) As of 10/31/24 $22879.37
- Fiscal Year End JUNE
-
Benchmark
MSCI EAFE (Europe, Australasia, Far East) Value Index measures non-US value stocks.MSCI EAFE (Europe, Australasia, Far East) Index (net div)
Share Class Information
- Class Inception 01/31/1996
- Net Asset Value (NAV) As of 11/12/24 $34.98
- Most Recent NAV Change As of 11/12/24 $0.71 | 1.99%
- Fund Number 403
- Maximum Sales Charge --
-
Gross Expense Ratio
0.7%
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
0.69%
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 10/31/25
Class R6 shares are available without a sales charge to eligible investors.
MANAGERS
Top 10 Holdings
- Schneider Electric SE
- Hitachi Ltd
- SAP SE
- Air Liquide SA
- Compass Group PLC
- Roche Holding AG
- Nestle SA
- Taiwan Semiconductor Manufacturing Co Ltd ADR
- Novo Nordisk AS
- Deutsche Boerse AG
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
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.
Please see the prospectus for further information on these and other risk considerations.
Filipe Benzinho
Portfolio Manager
Filipe M.G. Benzinho is an investment officer and equity portfolio manager with MFS Investment Management® (MFS®). He is a member of the portfolio management team of the firm's International Equity and International Concentrated strategies, responsible for final buy and sell decisions and portfolio construction as well as risk and cash management. He participates in the research process and strategy discussions. He is based in London. Filipe joined MFS in 2009 and has followed financial, business services and transportation companies. He was named portfolio manager in 2016. He joined the firm from A.T. Kearney, where he worked for three years as a business analyst. He began his career in the financial services industry in 2005. Filipe has an undergraduate degree from Instituto Superior de Ciências do Trabalho e da Empresa and earned a Master of Business Administration degree from Harvard Business School.
Daniel Ling, CFA
Portfolio Manager
Daniel T. Ling, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). In this role, he participates in the research process and strategy discussions and is responsible for buy and sell decisions, portfolio construction, risk control and cash management for the firm's diversified core international strategies. He is based in MFS' Singapore office. Daniel joined MFS in 2006 as a global equity research analyst and was later named sector leader for consumer cyclical stocks in addition to covering consumer staples, energy and capital goods. Prior to joining the firm, he served as a portfolio manager for Lion Capital Management in Singapore for six years and as a process analyst for Accenture for one year. He began his career in the investment industry in 1999. Daniel earned a Bachelor of Arts degree, with honors, from Nanyang Technological University in Singapore. He holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
Performance
Average Annual Total Returns (%)
Important Performance Information
Sales Charges
Class R6 shares are available without a sales charge to eligible investors.
Annual Rate of Return (%)
As of 12/31/23 | Benchmark: MSCI EAFE (Europe, Australasia, Far East) Index (net div)| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| At NAV | -4.21 | 0.02 | 0.30 | 28.02 | -10.66 | 28.40 | 11.10 | 15.16 | -14.83 | 19.04 |
| MSCI EAFE (Europe, Australasia, Far East) Index (net div) | -4.90 | -0.81 | 1.00 | 25.03 | -13.79 | 22.01 | 7.82 | 11.26 | -14.45 | 18.24 |
| At NAV | MSCI EAFE (Europe, Australasia, Far East) Index (net div) | |
|---|---|---|
| 2023 | 19.04 | 18.24 |
| 2022 | -14.83 | -14.45 |
| 2021 | 15.16 | 11.26 |
| 2020 | 11.1 | 7.82 |
| 2019 | 28.4 | 22.01 |
| 2018 | -10.66 | -13.79 |
| 2017 | 28.02 | 25.03 |
| 2016 | 0.3 | 1.0 |
| 2015 | 0.02 | -0.81 |
| 2014 | -4.21 | -4.9 |
Pricing History
- NAV at Close of Trading on: 11/12/24
- Net Asset Value (NAV): $34.98
- Change ($) (since 11/11/24 ): 0.71
- Change (%) (since 11/11/24 ): 1.99
- 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 11/13/24
| Record Date | Ex-Date | Payable Date | Type of Earnings | Rate per Share (US$) | Reinvestment NAV (US$) |
|---|---|---|---|---|---|
| 12/18/23 | 12/19/23 | 12/20/23 | Dividend | 0.55109 | 32.50 |
Performance Attribution
GuideAvailable approximately 15 or 25 days after month end
Available approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
Resources
-
Product Resources
Fact Sheets are available approximately 15 days after quarter end.
Quarterly Portfolio Review is available approximately 25 days after quarter end.
Product Presentation available approximately 25 days after quarter end.
Quarterly Investment Update available approximately 25 days after quarter end.
Full Holdings available approximately 19 or 24 days after month end.
Performance Attribution available approximately 15 or 25 days after month end.
- Prospectuses & SAIs
- Product Literature
- Announcements
Fact Sheets are available approximately 15 days after quarter end.
Quarterly Portfolio Review is available approximately 25 days after quarter end.
Product Presentation available approximately 25 days after quarter end.
Quarterly Investment Update available approximately 25 days after quarter end.
Full Holdings available approximately 19 or 24 days after month end.
Performance Attribution available approximately 15 or 25 days after month end.
Product Resources
Custom 10K Hypothetical
Hypothetical Full Tool
Prospectuses & SAIs
Product Literature
MFS International Capabilities Comparison Flyer
A Range of International Funds to Fit Your Allocation Needs
MFS International Equity Fund: Outperformed Across Diverse Markets
See how MFS International Equity Fund has achieved active outperformance over the long term
Market Declines: A History of Recoveries
Flyer showing market declines over time and how recoveries have played out over the long-term.
The Power of Active Management brochure
Collective expertise, long-term discipline and risk management
Advisory Focus Funds
See the results of our collaborative approach for select MFS portfolios.
Demonstrating the Value of MFS: Portfolios for Retail Advisors (Class I)
MFS Portfolios for Financial Professionals (Class I)
Why a multi-asset approach could matter
Flyer describing potential benefits of multi-asset investing and highlighting several MFS Funds
2024 Dividend and Capital Gains Schedule
Announcements
2024 Capital Gain Estimates
Important Announcement: Implementation/Modification of Expense Limitation Agreements and Changes to Management Fees
Effective August 1, 2024, MFS has agreed to implement (or lower) the total expense ratio caps (“TER Caps”) or modify the contractual management fee on certain retail funds and variable insurance portfolios
MORNINGSTAR RATINGS
The fund's overall Morningstar Rating measures are based on risk-adjusted returns as of 10/31/24.
The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
Morningstar rankings do not take into account sales charges and are based on historical returns, which are not indicative of future results. Rankings of other share classes may vary. A high relative ranking does not always mean the fund achieved a positive return during the period.
This publication is authorized for distribution only when preceded or accompanied by a prospectus, or summary prospectus, for the portfolio being offered. Consider the fund's investment objectives, risks, charges and expenses. Contact MFS or view online at MFS.com. Read it carefully.
-
Overview
INVESTMENT OBJECTIVE
Seeks capital appreciation.
INVESTMENT FOCUS
A well-diversified portfolio of high-conviction ideas following a growth-at-a-reasonable price style with a quality bias
An investment philosophy based on our belief that stocks trading at a discount to their projected value have a greater potential for multiple expansion
Individual stock selection as the primary source of alpha generation over the long term, due to a focus on seeking to identify high quality, attractively valued companies through our global research platform
Fund Information
- Fund Commencement 01/31/1996
- Net Assets ($ M) As of 10/31/24 $22879.37
- Fiscal Year End JUNE
-
Benchmark
MSCI EAFE (Europe, Australasia, Far East) Value Index measures non-US value stocks.MSCI EAFE (Europe, Australasia, Far East) Index (net div)
Share Class Information
- Class Inception 01/31/1996
- Net Asset Value (NAV) As of 11/12/24 $34.98
- Most Recent NAV Change As of 11/12/24 $0.71 | 1.99%
- Fund Number 403
- Maximum Sales Charge --
-
Gross Expense Ratio
0.7%
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
0.69%
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 10/31/25
Class R6 shares are available without a sales charge to eligible investors.
MANAGERS
Top 10 Holdings
As of 10/31/24- Schneider Electric SE
- Hitachi Ltd
- SAP SE
- Air Liquide SA
- Compass Group PLC
- Roche Holding AG
- Nestle SA
- Taiwan Semiconductor Manufacturing Co Ltd ADR
- Novo Nordisk AS
- Deutsche Boerse AG
Important Risk Considerations
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
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.
Please see the prospectus for further information on these and other risk considerations.
Filipe Benzinho
Portfolio Manager
18YEARS WITH INDUSTRY
8YEARS WITH PORTFOLIOFilipe M.G. Benzinho is an investment officer and equity portfolio manager with MFS Investment Management® (MFS®). He is a member of the portfolio management team of the firm's International Equity and International Concentrated strategies, responsible for final buy and sell decisions and portfolio construction as well as risk and cash management. He participates in the research process and strategy discussions. He is based in London. Filipe joined MFS in 2009 and has followed financial, business services and transportation companies. He was named portfolio manager in 2016. He joined the firm from A.T. Kearney, where he worked for three years as a business analyst. He began his career in the financial services industry in 2005. Filipe has an undergraduate degree from Instituto Superior de Ciências do Trabalho e da Empresa and earned a Master of Business Administration degree from Harvard Business School.
Daniel Ling, CFA
Portfolio Manager
26YEARS WITH INDUSTRY
15YEARS WITH PORTFOLIODaniel T. Ling, CFA, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). In this role, he participates in the research process and strategy discussions and is responsible for buy and sell decisions, portfolio construction, risk control and cash management for the firm's diversified core international strategies. He is based in MFS' Singapore office. Daniel joined MFS in 2006 as a global equity research analyst and was later named sector leader for consumer cyclical stocks in addition to covering consumer staples, energy and capital goods. Prior to joining the firm, he served as a portfolio manager for Lion Capital Management in Singapore for six years and as a process analyst for Accenture for one year. He began his career in the investment industry in 1999. Daniel earned a Bachelor of Arts degree, with honors, from Nanyang Technological University in Singapore. He holds the Chartered Financial Analyst (CFA) designation from the CFA Institute.
-
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 11/12/24 , subject to revision and not annualized.)The performance shown is attributable in part to unusual market conditions. These conditions may not be repeated in the future.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 R6 shares are available without a sales charge to eligible investors.
Annual Rate of ReturnAnnual Rate of Return (%)
As of 12/31/23 | Benchmark: MSCI EAFE (Europe, Australasia, Far East) Index (net div)annual rate of return table 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 At NAV -4.21 0.02 0.30 28.02 -10.66 28.40 11.10 15.16 -14.83 19.04 MSCI EAFE (Europe, Australasia, Far East) Index (net div) -4.90 -0.81 1.00 25.03 -13.79 22.01 7.82 11.26 -14.45 18.24 At NAV MSCI EAFE (Europe, Australasia, Far East) Index (net div) 2023 19.04 18.24 2022 -14.83 -14.45 2021 15.16 11.26 2020 11.1 7.82 2019 28.4 22.01 2018 -10.66 -13.79 2017 28.02 25.03 2016 0.3 1.0 2015 0.02 -0.81 2014 -4.21 -4.9 Pricing & DistributionsPricing History
- NAV at Close of Trading on: 11/12/24
- Net Asset Value (NAV): $34.98
- Change ($) (since 11/11/24 ): 0.71
- Change (%) (since 11/11/24 ): 1.99
- 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 11/13/24
Record Date Ex-Date Payable Date Type of Earnings Rate per Share (US$) Reinvestment NAV (US$) 12/18/23 12/19/23 12/20/23 Dividend 0.55109 32.50 Past performance is no guarantee of future results. Please consult your tax advisor for further information.Performance AttributionPerformance Attribution
GuideAvailable approximately 15 or 25 days after month end
Quarterly AttributionAvailable approximately 25 days after quarter end
Year To Date (YTD)
12 Month Attribution
Calendar YearNo Data Available -
Resources
Resources
-
Product Resources
Fact Sheets are available approximately 15 days after quarter end.
Quarterly Portfolio Review is available approximately 25 days after quarter end.
Product Presentation available approximately 25 days after quarter end.
Quarterly Investment Update available approximately 25 days after quarter end.
Full Holdings available approximately 19 or 24 days after month end.
Performance Attribution available approximately 15 or 25 days after month end.
- Prospectuses & SAIs
- Product Literature
- Announcements
Product ResourcesFact Sheets are available approximately 15 days after quarter end.
Quarterly Portfolio Review is available approximately 25 days after quarter end.
Product Presentation available approximately 25 days after quarter end.
Quarterly Investment Update available approximately 25 days after quarter end.
Full Holdings available approximately 19 or 24 days after month end.
Performance Attribution available approximately 15 or 25 days after month end.
Product Resources
Quick Hypothetical IllustrationCustomizable Hypothetical IllustrationProspectuses & SAIsProspectuses & SAIs
Shareholder ReportsProduct LiteratureProduct Literature
MFS International Capabilities Comparison Flyer
As of Sep 30, 2024A Range of International Funds to Fit Your Allocation Needs
MFS International Equity Fund: Outperformed Across Diverse Markets
As of Sep 30, 2024See how MFS International Equity Fund has achieved active outperformance over the long term
Market Declines: A History of Recoveries
As of Mar 06, 2024Flyer showing market declines over time and how recoveries have played out over the long-term.
The Power of Active Management brochure
As of Sep 30, 2024Collective expertise, long-term discipline and risk management
Advisory Focus Funds
As of Sep 30, 2024See the results of our collaborative approach for select MFS portfolios.
Demonstrating the Value of MFS: Portfolios for Retail Advisors (Class I)
As of Sep 30, 2024MFS Portfolios for Financial Professionals (Class I)
Why a multi-asset approach could matter
As of May 30, 2024Flyer describing potential benefits of multi-asset investing and highlighting several MFS Funds
2024 Dividend and Capital Gains Schedule
As of Jan 05, 2024AnnouncementsAnnouncements
2024 Capital Gain Estimates
As of Nov 08, 2024Important Announcement: Implementation/Modification of Expense Limitation Agreements and Changes to Management Fees
As of Jul 25, 2024Effective August 1, 2024, MFS has agreed to implement (or lower) the total expense ratio caps (“TER Caps”) or modify the contractual management fee on certain retail funds and variable insurance portfolios
MORNINGSTAR RATINGS
The fund's overall Morningstar Rating measures are based on risk-adjusted returns as of 10/31/24.
The Morningstar Rating for funds, or "star rating", is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
Morningstar rankings do not take into account sales charges and are based on historical returns, which are not indicative of future results. Rankings of other share classes may vary. A high relative ranking does not always mean the fund achieved a positive return during the period.
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.This publication is authorized for distribution only when preceded or accompanied by a prospectus, or summary prospectus, for the portfolio being offered. Consider the fund's investment objectives, risks, charges and expenses. Contact MFS or view online at MFS.com. Read it carefully.
MFS registered investment products are offered through MFS® Fund Distributors, Inc., 111 Huntington Avenue, Boston, MA 02199. -
Product Resources