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Massachusetts Investors Trust
mutual fund
MITGX
Payout Change
Suspended
Price as of:
$37.68
-0.19
-0.5%
primary theme
U.S. Large-Cap Blend Equity
MITGX (Mutual Fund)
Massachusetts Investors Trust
Payout Change
Suspended
Price as of:
$37.68
-0.19
-0.5%
primary theme
U.S. Large-Cap Blend Equity
MITGX (Mutual Fund)
Massachusetts Investors Trust
Payout Change
Suspended
Price as of:
$37.68
-0.19
-0.5%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
22.8%
1 yr return
26.8%
3 Yr Avg Return
6.8%
5 Yr Avg Return
12.1%
Net Assets
$6.66 B
Holdings in Top 10
38.1%
52 WEEK LOW AND HIGH
$37.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MITGX - Profile
Distributions
- YTD Total Return 22.8%
- 3 Yr Annualized Total Return 6.8%
- 5 Yr Annualized Total Return 12.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -0.13%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameMassachusetts Investors Trust
-
Fund Family NameMFS Funds
-
Inception DateApr 01, 2005
-
Shares OutstandingN/A
-
Share ClassR1
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEdward (ted) Maloney
Fund Description
MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the fund’s assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
In selecting investments for the fund, MFS is not constrained by any particular investment style. MFS may invest the fund’s assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
While MFS may invest the fund’s assets in securities of companies of any size, MFS primarily invests in securities of companies with large capitalizations.
MFS may invest the fund’s assets in foreign securities.
MFS normally invests the fund's assets across different industries and sectors, but MFS may invest a significant percentage of the fund's assets in issuers in a single industry or sector.
MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.
MITGX - Performance
Return Ranking - Trailing
| Period | MITGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.8% | -25.4% | 48.4% | 67.02% |
| 1 Yr | 26.8% | -1.5% | 58.3% | 67.44% |
| 3 Yr | 6.8%* | -5.8% | 19.4% | 78.40% |
| 5 Yr | 12.1%* | -7.6% | 110.8% | 77.87% |
| 10 Yr | 10.9%* | -0.1% | 53.0% | 72.81% |
* Annualized
Return Ranking - Calendar
| Period | MITGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.2% | -42.6% | 47.4% | 90.91% |
| 2022 | -23.8% | -56.3% | -4.2% | 71.55% |
| 2021 | 15.4% | -27.2% | 537.8% | 60.44% |
| 2020 | 8.6% | -22.5% | 2181.7% | 69.89% |
| 2019 | 21.2% | -13.5% | 40.4% | 63.13% |
Total Return Ranking - Trailing
| Period | MITGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.8% | -25.4% | 48.4% | 67.02% |
| 1 Yr | 26.8% | -1.5% | 58.3% | 67.44% |
| 3 Yr | 6.8%* | -5.8% | 19.4% | 78.40% |
| 5 Yr | 12.1%* | -7.6% | 110.8% | 77.87% |
| 10 Yr | 10.9%* | -0.1% | 53.0% | 72.81% |
* Annualized
Total Return Ranking - Calendar
| Period | MITGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.2% | -5.0% | 47.4% | 76.20% |
| 2022 | -17.0% | -36.8% | -2.2% | 38.85% |
| 2021 | 25.9% | 3.0% | 537.8% | 58.07% |
| 2020 | 13.2% | -15.8% | 2266.0% | 75.42% |
| 2019 | 30.9% | -0.4% | 241.3% | 37.97% |
NAV & Total Return History
MITGX - Holdings
Concentration Analysis
| MITGX | Category Low | Category High | MITGX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.66 B | 2.34 M | 1.55 T | 23.23% |
| Number of Holdings | 67 | 2 | 3963 | 67.22% |
| Net Assets in Top 10 | 2.67 B | 880 K | 525 B | 23.81% |
| Weighting of Top 10 | 38.07% | 0.3% | 111.6% | 41.11% |
Top 10 Holdings
- Microsoft Corp 8.15%
- Alphabet Inc 5.31%
- NVIDIA Corp 5.23%
- Amazon.com Inc 4.42%
- Apple Inc 4.19%
- JPMorgan Chase Co 2.59%
- Visa Inc 2.19%
- ConocoPhillips 2.08%
- Salesforce Inc 2.01%
- American Tower Corp 1.92%
Asset Allocation
| Weighting | Return Low | Return High | MITGX % Rank | |
|---|---|---|---|---|
| Stocks | 98.82% | 0.00% | 105.79% | 54.37% |
| Cash | 1.27% | 0.00% | 99.07% | 42.26% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 19.93% |
| Other | 0.00% | -13.91% | 100.00% | 46.87% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 15.04% |
| Bonds | 0.00% | 0.00% | 93.85% | 21.17% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MITGX % Rank | |
|---|---|---|---|---|
| Technology | 20.79% | 0.00% | 48.94% | 70.64% |
| Healthcare | 18.84% | 0.00% | 52.29% | 10.49% |
| Financial Services | 15.08% | 0.00% | 55.59% | 29.36% |
| Consumer Defense | 10.73% | 0.00% | 47.71% | 10.82% |
| Communication Services | 10.00% | 0.00% | 27.94% | 18.20% |
| Industrials | 8.21% | 0.00% | 29.90% | 71.14% |
| Consumer Cyclical | 6.73% | 0.00% | 30.33% | 87.58% |
| Real Estate | 3.97% | 0.00% | 31.91% | 13.00% |
| Basic Materials | 2.49% | 0.00% | 25.70% | 51.68% |
| Energy | 2.26% | 0.00% | 41.64% | 75.08% |
| Utilities | 0.90% | 0.00% | 20.91% | 77.10% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MITGX % Rank | |
|---|---|---|---|---|
| US | 95.72% | 0.00% | 105.79% | 79.16% |
| Non US | 3.10% | 0.00% | 63.83% | 11.70% |
MITGX - Expenses
Operational Fees
| MITGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.46% | 0.01% | 19.75% | 14.51% |
| Management Fee | 0.33% | 0.00% | 1.90% | 31.04% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 85.91% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| MITGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MITGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MITGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.00% | 0.00% | 268.00% | 27.96% |
MITGX - Distributions
Dividend Yield Analysis
| MITGX | Category Low | Category High | MITGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 25.47% | 91.00% |
Dividend Distribution Analysis
| MITGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MITGX | Category Low | Category High | MITGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.13% | -54.00% | 2.44% | 88.55% |
Capital Gain Distribution Analysis
| MITGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 31, 2024 | $0.013 | CapitalGainShortTerm |
| Jul 31, 2024 | $0.366 | CapitalGainLongTerm |
| Dec 21, 2023 | $3.183 | CapitalGainLongTerm |
| Jul 31, 2023 | $0.018 | OrdinaryDividend |
| Jul 31, 2023 | $0.275 | CapitalGainLongTerm |
| Dec 13, 2022 | $0.028 | OrdinaryDividend |
| Dec 13, 2022 | $1.898 | CapitalGainLongTerm |
| Jul 29, 2022 | $0.042 | OrdinaryDividend |
| Jul 29, 2022 | $0.028 | CapitalGainShortTerm |
| Jul 29, 2022 | $0.746 | CapitalGainLongTerm |
| Dec 14, 2021 | $0.297 | CapitalGainShortTerm |
| Dec 14, 2021 | $2.719 | CapitalGainLongTerm |
| Jun 30, 2021 | $0.055 | OrdinaryDividend |
| Jun 30, 2021 | $0.319 | CapitalGainLongTerm |
| Dec 15, 2020 | $1.238 | CapitalGainLongTerm |
| Jun 30, 2020 | $0.071 | OrdinaryDividend |
| Jun 30, 2020 | $0.060 | CapitalGainLongTerm |
| Dec 17, 2019 | $0.092 | OrdinaryDividend |
| Dec 17, 2019 | $1.984 | CapitalGainLongTerm |
| Jun 28, 2019 | $0.026 | OrdinaryDividend |
| Jun 28, 2019 | $0.000 | CapitalGainShortTerm |
| Jun 28, 2019 | $0.290 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.028 | OrdinaryDividend |
| Dec 18, 2018 | $0.045 | CapitalGainShortTerm |
| Dec 18, 2018 | $3.275 | CapitalGainLongTerm |
| Jun 29, 2018 | $0.000 | OrdinaryDividend |
| Jun 29, 2018 | $0.089 | CapitalGainLongTerm |
| Dec 19, 2017 | $0.033 | OrdinaryDividend |
| Dec 19, 2017 | $0.056 | CapitalGainShortTerm |
| Dec 19, 2017 | $1.698 | CapitalGainLongTerm |
| Jun 30, 2017 | $0.032 | OrdinaryDividend |
| Jun 30, 2017 | $0.279 | CapitalGainLongTerm |
| Dec 20, 2016 | $1.343 | CapitalGainLongTerm |
| Jun 30, 2016 | $0.049 | OrdinaryDividend |
| Jun 30, 2016 | $0.110 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.027 | OrdinaryDividend |
| Dec 17, 2015 | $0.082 | CapitalGainShortTerm |
| Dec 17, 2015 | $1.196 | CapitalGainLongTerm |
| Jul 01, 2015 | $0.021 | OrdinaryDividend |
| Jul 01, 2015 | $0.002 | CapitalGainShortTerm |
| Jul 01, 2015 | $0.104 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.036 | OrdinaryDividend |
| Dec 19, 2014 | $0.221 | CapitalGainShortTerm |
| Dec 19, 2014 | $1.282 | CapitalGainLongTerm |
| Jun 02, 2014 | $0.000 | OrdinaryDividend |
| Jun 02, 2014 | $0.042 | CapitalGainShortTerm |
| Jun 02, 2014 | $0.138 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.039 | OrdinaryDividend |
| Dec 18, 2013 | $0.157 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.210 | CapitalGainLongTerm |
| Dec 19, 2012 | $0.055 | OrdinaryDividend |
| Dec 19, 2012 | $0.505 | CapitalGainLongTerm |
| Dec 16, 2011 | $0.015 | OrdinaryDividend |
| Jun 01, 2011 | $0.043 | OrdinaryDividend |
| Dec 17, 2010 | $0.012 | OrdinaryDividend |
| Mar 12, 2010 | $0.014 | OrdinaryDividend |
| Dec 18, 2009 | $0.083 | OrdinaryDividend |
| Mar 13, 2009 | $0.053 | OrdinaryDividend |
| Dec 19, 2008 | $0.054 | OrdinaryDividend |
| Mar 17, 2008 | $0.054 | OrdinaryDividend |
| Mar 17, 2008 | $0.223 | CapitalGainLongTerm |
| Dec 21, 2007 | $0.071 | OrdinaryDividend |
| Dec 21, 2007 | $0.165 | CapitalGainShortTerm |
| Dec 21, 2007 | $1.178 | CapitalGainLongTerm |
| Mar 15, 2007 | $0.017 | OrdinaryDividend |
| Mar 15, 2007 | $0.275 | CapitalGainLongTerm |
| Dec 22, 2006 | $0.070 | OrdinaryDividend |
| Dec 06, 2005 | $0.050 | OrdinaryDividend |
| Mar 28, 2005 | $0.036 | OrdinaryDividend |
| Dec 02, 2004 | $0.119 | OrdinaryDividend |
MITGX - Fund Manager Analysis
Managers
Edward (ted) Maloney
Start Date
Tenure
Tenure Rank
Apr 01, 2012
10.17
10.2%
Edward (Ted) M. Maloney is an Investment Officer and the Director of U.S. Research at MFS Investment Management® (MFS®). He also serves as a portfolio manager on US Core Equity strategies. Ted joined MFS in 2005 and was named Director of US Research in 2011. He was named portfolio manager in 2012. Prior to joining MFS, he was an analyst and founding partner for Lyceum Capital, LP. He also spent two years as a research associate for Fidelity Management & Research Company. Ted is a graduate of Bowdoin College. He is an Executive Vice President and CIO at MFS.
Alison O'Neill
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Alison O'Neill - Co--Chief Investment Officer of Equity -- Americas - Equity Portfolio Manager - Serves on MFS Global Equity Management Team - As Co--Chief Investment Officer of Equity for the Americas and a Portfolio Manager, partners with the firm's other regional co-CIOs in the research management process and strategy discussions, including by developing investment policies and programs that achieve the investment objectives of MFS and its clients. - Joined MFS in 2005; previous positions include Director of Research - North America; Equity Research Analyst. - Previous experience includes 3 years as Investment Associate at Putnam Investments. - Additional MFS experience includes participation in MFS' Summer MBA Internship program in 2004. - Massachusetts Institute of Technology, Master of Business Administration - Harvard College, Artium Baccalaureus, cum laude
Jude Jason
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Jude M Jason - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for final buy and sell decisions, portfolio construction and risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2012 - Previous experience includes 2 years as Private Equity Associate at Lightyear Capital; 3 years as Investment Banking Analyst at Citigroup. - Harvard University, Master of Business Administration - Babson College, Bachelor of Science
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
