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MFS International Large Cap Value Fund
mutual fund
MKVEX
Payout Change
Pending
Price as of:
$14.31
-0.09
-0.63%
primary theme
International Large-Cap Value Equity
MKVEX (Mutual Fund)
MFS International Large Cap Value Fund
Payout Change
Pending
Price as of:
$14.31
-0.09
-0.63%
primary theme
International Large-Cap Value Equity
MKVEX (Mutual Fund)
MFS International Large Cap Value Fund
Payout Change
Pending
Price as of:
$14.31
-0.09
-0.63%
primary theme
International Large-Cap Value Equity
Name
As of 12/10/2024Price
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
9.2%
1 yr return
13.1%
3 Yr Avg Return
5.2%
5 Yr Avg Return
N/A
Net Assets
$6.26 B
Holdings in Top 10
26.5%
52 WEEK LOW AND HIGH
$14.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
MKVEX - Profile
Distributions
- YTD Total Return 9.2%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.36%
- Dividend Yield 2.8%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameMFS International Large Cap Value Fund
-
Fund Family NameMFS Funds
-
Inception DateJun 30, 2020
-
Shares OutstandingN/A
-
Share ClassR2
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteven Gorham
Fund Description
MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests at least 80% of the fund’s net assets in issuers with large market capitalizations. MFS generally defines large market capitalization issuers as issuers with market capitalizations of at least $5 billion at the time of purchase.
MFS normally invests the fund’s assets primarily in foreign equity securities, including emerging market equity securities. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
MFS focuses on investing the fund's assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies).
MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry, sector, country, or region.
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.
For purposes of the fund's 80% policy, net assets include the amount of any borrowings for investment purposes.
MKVEX - Performance
Return Ranking - Trailing
| Period | MKVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -2.2% | 20.4% | 32.23% |
| 1 Yr | 13.1% | -2.4% | 25.6% | 35.55% |
| 3 Yr | 5.2%* | -3.2% | 81.0% | 48.83% |
| 5 Yr | N/A* | 0.3% | 45.8% | N/A |
| 10 Yr | N/A* | 0.4% | 23.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | MKVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.4% | 1.0% | 26.9% | 67.97% |
| 2022 | -11.4% | -27.8% | 166.1% | 34.10% |
| 2021 | 10.4% | -66.6% | 64.4% | 20.33% |
| 2020 | N/A | -17.0% | 17.3% | N/A |
| 2019 | N/A | 4.4% | 31.6% | N/A |
Total Return Ranking - Trailing
| Period | MKVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.2% | -2.2% | 20.4% | 32.23% |
| 1 Yr | 13.1% | -2.4% | 25.6% | 35.55% |
| 3 Yr | 5.2%* | -3.2% | 81.0% | 48.83% |
| 5 Yr | N/A* | 0.3% | 45.8% | N/A |
| 10 Yr | N/A* | 0.4% | 23.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | MKVEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | 5.4% | 31.0% | 71.90% |
| 2022 | -9.4% | -19.9% | 344.3% | 48.52% |
| 2021 | 14.2% | -0.2% | 75.3% | 24.33% |
| 2020 | N/A | -11.8% | 18.9% | N/A |
| 2019 | N/A | 11.2% | 32.1% | N/A |
NAV & Total Return History
MKVEX - Holdings
Concentration Analysis
| MKVEX | Category Low | Category High | MKVEX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.26 B | 3.42 M | 46.7 B | 7.17% |
| Number of Holdings | 91 | 2 | 2513 | 53.42% |
| Net Assets in Top 10 | 1.75 B | 628 K | 14.6 B | 5.86% |
| Weighting of Top 10 | 26.52% | 6.2% | 100.0% | 49.35% |
Top 10 Holdings
- NatWest Group plc 3.55%
- Mitsubishi UFJ Financial Group, Inc. 3.35%
- Roche Holding AG 3.07%
- UBS Group AG (Registered) 2.94%
- BNP Paribas SA 2.50%
- Sanofi SA 2.32%
- Willis Towers Watson plc 2.28%
- Eni SpA 2.22%
- Schneider Electric SE 2.20%
- TotalEnergies SE 2.09%
Asset Allocation
| Weighting | Return Low | Return High | MKVEX % Rank | |
|---|---|---|---|---|
| Stocks | 98.28% | 6.62% | 104.54% | 34.20% |
| Cash | 3.26% | 0.00% | 13.78% | 21.50% |
| Preferred Stocks | 0.00% | 0.00% | 3.92% | 67.75% |
| Other | 0.00% | -1.10% | 29.32% | 64.17% |
| Convertible Bonds | 0.00% | 0.00% | 0.15% | 43.00% |
| Bonds | 0.00% | 0.00% | 100.21% | 46.58% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MKVEX % Rank | |
|---|---|---|---|---|
| Financial Services | 27.62% | 0.00% | 42.76% | 14.47% |
| Industrials | 16.47% | 1.03% | 36.79% | 25.33% |
| Consumer Defense | 11.57% | 0.00% | 31.84% | 18.09% |
| Consumer Cyclical | 7.95% | 0.00% | 27.46% | 62.17% |
| Technology | 7.68% | 0.00% | 24.16% | 33.55% |
| Basic Materials | 6.71% | 0.00% | 30.76% | 66.45% |
| Communication Services | 6.33% | 0.29% | 22.75% | 60.20% |
| Utilities | 5.34% | 0.00% | 27.46% | 20.39% |
| Healthcare | 5.30% | 0.00% | 23.28% | 88.82% |
| Energy | 5.03% | 0.00% | 26.59% | 73.03% |
| Real Estate | 0.00% | 0.00% | 17.06% | 87.17% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MKVEX % Rank | |
|---|---|---|---|---|
| Non US | 91.56% | 0.00% | 99.66% | 53.42% |
| US | 6.73% | 0.00% | 100.40% | 33.88% |
MKVEX - Expenses
Operational Fees
| MKVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.30% | 0.01% | 5.99% | 25.41% |
| Management Fee | 0.71% | 0.00% | 1.25% | 56.54% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 71.92% |
| Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
| MKVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| MKVEX 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.
| MKVEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 2.00% | 158.16% | N/A |
MKVEX - Distributions
Dividend Yield Analysis
| MKVEX | Category Low | Category High | MKVEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.80% | 0.00% | 13.19% | 98.69% |
Dividend Distribution Analysis
| MKVEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | SemiAnnual | Quarterly | Quarterly |
Net Income Ratio Analysis
| MKVEX | Category Low | Category High | MKVEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.36% | 0.18% | 7.85% | 88.37% |
Capital Gain Distribution Analysis
| MKVEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 19, 2023 | $0.402 | OrdinaryDividend |
| Dec 19, 2023 | $0.083 | CapitalGainLongTerm |
| Dec 06, 2022 | $0.154 | OrdinaryDividend |
| Dec 06, 2022 | $0.122 | CapitalGainLongTerm |
| Dec 07, 2021 | $0.228 | OrdinaryDividend |
| Dec 07, 2021 | $0.166 | CapitalGainShortTerm |
| Dec 07, 2021 | $0.059 | CapitalGainLongTerm |
| Dec 08, 2020 | $0.002 | OrdinaryDividend |
| Dec 08, 2020 | $0.001 | CapitalGainShortTerm |
MKVEX - Fund Manager Analysis
Managers
Steven Gorham
Start Date
Tenure
Tenure Rank
Jun 30, 2020
1.92
1.9%
Steven R. Gorham, CFA, is an investment officer of MFS Investment Management® (MFS®) and a portfolio manager of the value and global balanced portfolios of our mutual funds, variable annuities, and institutional investment products. Steve joined MFS in 1989 as a teleservices representative and became a member of the Financial Advisor Division sales desk in 1991. In 1992 he joined the Equity Research Department, and he became a research analyst in 1993 and an investment officer in 1996. He was named portfolio manager in 2000.
David Shindler
Start Date
Tenure
Tenure Rank
Jun 30, 2020
1.92
1.9%
David S. Shindler - Co--Chief Investment Officer of Equity -- Europe - Equity Portfolio Manager - As Co--Chief Investment Officer of Equity for Europe 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 2006; previous positions include Director of Research - Europe; Portfolio Manager - Canadian Equity Value strategy; Director of Research - Canada; Equity Research Analyst. - Previous experience includes 3 years as Consultant at The Bridgespan Group; 2 years as Associate Consultant at Bain & Company. - Additional MFS experience includes participation in MFS' Summer MBA Internship program in 2005. - Dartmouth College, Master of Business Administration - University of Cambridge, MA (Cantab)
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 29.68 | 7.74 | 0.54 |
