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Trending ETFs

MFS Low Volatility Equity Fund

mutual fund
MLVGX
Payout Change
Pending
Price as of:
$17.8 +0.04 +0.23%
primary theme
U.S. Large-Cap Blend Equity
MLVGX (Mutual Fund)

MFS Low Volatility Equity Fund

Payout Change
Pending
Price as of:
$17.8 +0.04 +0.23%
primary theme
U.S. Large-Cap Blend Equity
MLVGX (Mutual Fund)

MFS Low Volatility Equity Fund

Payout Change
Pending
Price as of:
$17.8 +0.04 +0.23%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 09/28/2023

Price

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

$17.80

$457 M

0.09%

$0.02

1.69%

Vitals

YTD Return

2.6%

1 yr return

12.3%

3 Yr Avg Return

7.3%

5 Yr Avg Return

7.6%

Net Assets

$457 M

Holdings in Top 10

27.3%

52 WEEK LOW AND HIGH

$17.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.69%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 20.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 09/28/2023

Price

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

$17.80

$457 M

0.09%

$0.02

1.69%

MLVGX - Profile

Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return 7.3%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    MFS Low Volatility Equity Fund
  • Fund Family Name
    MFS Funds
  • Inception Date
    Dec 05, 2013
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Matthew Krummell

Fund Description

MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in equity securities. Equity securities include common stocks, equity interests in real estate investment trusts (REITs), 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.

MFS may invest the fund’s assets in securities of companies of any size.

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 approach to buying and selling investments for the fund. Investments are selected primarily based on blending fundamental and quantitative research. MFS uses fundamental analysis of individual issuers to determine a fundamental rating for an issuer. MFS uses quantitative analysis to determine a quantitative rating for an issuer. MFS combines the fundamental rating with the quantitative rating to create a blended rating for an issuer. When an MFS fundamental rating is not available, MFS treats the issuer as having a neutral fundamental rating. MFS generally eliminates the most volatile equity securities based on historical volatility as potential investments for the fund. MFS then constructs the portfolio using a portfolio optimization process that considers the blended rating as well as issuer, industry, and sector weightings, volatility, and other factors, with a goal of constructing a portfolio less volatile than the Standard & Poor’s 500 Stock Index. The portfolio managers have the discretion to adjust the inputs and parameters used in the optimization process and the fund’s portfolio holdings based on factors such as the desired portfolio characteristics and the portfolio managers’ qualitative assessment of the optimization results. Volatility is measured by the standard deviation of monthly returns. Volatility generally measures how much the fund’s returns have varied over a specified time period.

For purposes of the fund’s 80% policy, net assets include the amount of any borrowings for investment purposes.

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MLVGX - Performance

Return Ranking - Trailing

Period MLVGX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -62.0% 28.8% 91.93%
1 Yr 12.3% -65.6% 38.6% 94.33%
3 Yr 7.3%* -30.1% 19.1% 93.49%
5 Yr 7.6%* -31.4% 95.3% 89.77%
10 Yr N/A* -19.1% 13.8% N/A

* Annualized

Return Ranking - Calendar

Period MLVGX Return Category Return Low Category Return High Rank in Category (%)
2022 -20.9% -60.3% 19.6% 48.95%
2021 18.6% -27.2% 53.7% 43.48%
2020 10.0% -36.2% 2181.7% 59.37%
2019 25.4% -22.7% 40.4% 36.66%
2018 -5.9% -51.6% 12.6% 7.71%

Total Return Ranking - Trailing

Period MLVGX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -61.7% 28.8% 91.93%
1 Yr 12.3% -65.4% 33.1% 94.33%
3 Yr 7.3%* -24.6% 34.3% 93.49%
5 Yr 7.6%* -12.0% 101.6% 89.77%
10 Yr N/A* -6.6% 20.5% N/A

* Annualized

Total Return Ranking - Calendar

Period MLVGX Return Category Return Low Category Return High Rank in Category (%)
2022 -11.5% -60.3% 19.6% 30.40%
2021 24.2% -20.5% 124.3% 89.35%
2020 10.5% -15.8% 2266.0% 89.60%
2019 25.9% -8.3% 241.3% 88.13%
2018 -2.2% -30.9% 12.6% 9.80%

NAV & Total Return History


MLVGX - Holdings

Concentration Analysis

MLVGX Category Low Category High MLVGX % Rank
Net Assets 457 M 24 356 B 66.34%
Number of Holdings 99 2 4154 54.75%
Net Assets in Top 10 121 M 288 K 270 B 71.41%
Weighting of Top 10 27.28% 1.8% 106.2% 81.07%

Top 10 Holdings

  1. Amdocs Ltd 3.43%
  2. Merck Co Inc 3.12%
  3. Johnson Johnson 3.05%
  4. Accenture PLC 2.90%
  5. Microsoft Corp 2.83%
  6. Eli Lilly Co 2.62%
  7. Motorola Solutions Inc 2.50%
  8. Republic Services Inc 2.42%
  9. Alphabet Inc 2.38%
  10. Visa Inc 2.03%

Asset Allocation

Weighting Return Low Return High MLVGX % Rank
Stocks
99.35% 0.00% 130.24% 34.07%
Cash
0.65% -102.29% 100.00% 66.24%
Preferred Stocks
0.00% 0.00% 1.57% 85.02%
Other
0.00% -13.91% 134.98% 90.80%
Convertible Bonds
0.00% 0.00% 5.54% 83.98%
Bonds
0.00% -0.04% 95.81% 84.41%

Stock Sector Breakdown

Weighting Return Low Return High MLVGX % Rank
Technology
19.57% 0.00% 48.94% 75.70%
Healthcare
16.86% 0.00% 60.70% 17.18%
Consumer Defense
14.85% 0.00% 47.71% 3.48%
Industrials
12.05% 0.00% 29.90% 18.89%
Financial Services
10.02% 0.00% 55.59% 92.49%
Communication Services
9.33% 0.00% 27.94% 28.95%
Utilities
7.56% 0.00% 20.91% 3.48%
Consumer Cyclical
4.04% 0.00% 30.33% 96.28%
Real Estate
3.18% 0.00% 31.91% 32.74%
Basic Materials
2.54% 0.00% 25.70% 50.85%
Energy
0.00% 0.00% 41.64% 99.07%

Stock Geographic Breakdown

Weighting Return Low Return High MLVGX % Rank
US
99.35% 0.00% 127.77% 27.45%
Non US
0.00% 0.00% 32.38% 87.38%

MLVGX - Expenses

Operational Fees

MLVGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.69% 0.01% 49.27% 12.09%
Management Fee 0.50% 0.00% 2.00% 49.69%
12b-1 Fee 1.00% 0.00% 1.00% 98.63%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MLVGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 94.57%

Trading Fees

MLVGX 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.

MLVGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 496.00% 41.54%

MLVGX - Distributions

Dividend Yield Analysis

MLVGX Category Low Category High MLVGX % Rank
Dividend Yield 0.09% 0.00% 30.32% 89.89%

Dividend Distribution Analysis

MLVGX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Annually

Net Income Ratio Analysis

MLVGX Category Low Category High MLVGX % Rank
Net Income Ratio -0.03% -54.00% 6.06% 85.73%

Capital Gain Distribution Analysis

MLVGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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MLVGX - Fund Manager Analysis

Managers

Matthew Krummell


Start Date

Tenure

Tenure Rank

Dec 05, 2013

8.49

8.5%

Lead Portfolio Manager As a Portfolio Manager, responsible for final buy and sell decisions, portfolio construction, risk and cash management. Participates in the research process and strategy discussions. Joined MFS in 2001 Previous experience includes 3 years as Analyst and Portfolio Manager at Pioneer Investments; 2 years as Assistant Vice President at Putnam Investments; 3 years as Associate at Mellon Capital Management. Affiliations include Boston Security Analysts Society, Inc., CFA Institute. University of Chicago, MBA University of California, Berkeley, BA, Phi Beta Kappa

James Fallon


Start Date

Tenure

Tenure Rank

Dec 05, 2013

8.49

8.5%

James C. Fallon - Investment Officer - Portfolio Manager - As a Portfolio Manager, responsible for final buy and sell decisions, portfolio construction, risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 1999; previous positions include Equity Research Associate; Securities Lending Administrator. - Previous experience includes 1 year as Mutual Fund Custody Accountant at Investors Bank & Trust; 1 year as Financial Analyst at Bardon Trimount. - Affiliations include CFA Institute, CFA Society of Boston

John (Jed) Stocks


Start Date

Tenure

Tenure Rank

Sep 15, 2015

6.71

6.7%

As a Portfolio Manager, responsible for final buy and sell decisions, portfolio construction, risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2001; previous positions include Quantitative Research Analyst; Quantitative Research Associate; Teleservices Representative. - Previous experience includes 1 year as Client Service Specialist and Order Desk Specialist at Patagon.com Securities.- John re-joined the firm in 2001. His original start date was February 1999.

Jonathan Sage


Start Date

Tenure

Tenure Rank

Sep 15, 2015

6.71

6.7%

Jonathan W. Sage, CFA, is an investment officer and a portfolio manager at MFS Investment Management. He manages blended research equity strategies utilized by the firm's mutual funds and institutional accounts. He joined MFS in 2000 as a quantitative equity research analyst and was named a portfolio manager in 2005. Prior to joining MFS, Jonathan spent two years as a supervisor of portfolio administration for Santander Global Advisors, Inc. and three years as a senior mutual fund accountant for First Data Investor Services Group.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.17 2.42