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Trending ETFs

MFS Technology Fund

mutual fund
MTCBX
Payout Change
Pending
Price as of:
$50.7 +0.2 +0.4%
primary theme
Technology Sector Equity
MTCBX (Mutual Fund)

MFS Technology Fund

Payout Change
Pending
Price as of:
$50.7 +0.2 +0.4%
primary theme
Technology Sector Equity
MTCBX (Mutual Fund)

MFS Technology Fund

Payout Change
Pending
Price as of:
$50.7 +0.2 +0.4%
primary theme
Technology Sector Equity

Name

As of 10/11/2024

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

MFS Technology Fund

MTCBX | Fund

$50.70

$1.85 B

0.00%

1.90%

Vitals

YTD Return

30.4%

1 yr return

49.7%

3 Yr Avg Return

8.6%

5 Yr Avg Return

17.4%

Net Assets

$1.85 B

Holdings in Top 10

58.3%

52 WEEK LOW AND HIGH

$50.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.90%

SALES FEES

Front Load N/A

Deferred Load 4.00%

TRADING FEES

Turnover 36.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/11/2024

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

MFS Technology Fund

MTCBX | Fund

$50.70

$1.85 B

0.00%

1.90%

MTCBX - Profile

Distributions

  • YTD Total Return 30.4%
  • 3 Yr Annualized Total Return 8.6%
  • 5 Yr Annualized Total Return 17.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    MFS Technology Fund
  • Fund Family Name
    MFS Funds
  • Inception Date
    Jul 28, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Matthew Sabel

Fund Description

MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in securities of issuers principally engaged in offering, using or developing products, processes, or services that will provide or will benefit significantly from technological advances and improvements. These issuers are in such fields as computer systems and software, networking and telecommunications, internet, business services, and electronics.

MFS 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 to 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) or the stocks of companies it believes are undervalued compared to their perceived worth (value companies). However, companies that benefit from technological advancements and improvements often are growth 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.

The fund is a non-diversified fund. This means that MFS may invest a significant percentage of the fund’s assets in a single issuer or a small number of issuers.

MFS may enter into short sales.

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.

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MTCBX - Performance

Return Ranking - Trailing

Period MTCBX Return Category Return Low Category Return High Rank in Category (%)
YTD 30.4% -20.1% 46.8% 26.82%
1 Yr 49.7% -8.1% 74.0% 24.09%
3 Yr 8.6%* -34.2% 29.9% 45.37%
5 Yr 17.4%* -10.0% 35.4% 57.36%
10 Yr 17.6%* 1.6% 29.3% 55.63%

* Annualized

Return Ranking - Calendar

Period MTCBX Return Category Return Low Category Return High Rank in Category (%)
2023 32.8% -5.6% 96.9% 77.17%
2022 -44.7% -73.9% -16.4% 71.76%
2021 -2.7% -44.6% 51.5% 68.84%
2020 36.0% 5.5% 154.1% 66.67%
2019 31.4% -3.0% 63.7% 61.78%

Total Return Ranking - Trailing

Period MTCBX Return Category Return Low Category Return High Rank in Category (%)
YTD 30.4% -20.1% 46.8% 26.82%
1 Yr 49.7% -8.1% 74.0% 24.09%
3 Yr 8.6%* -34.2% 29.9% 45.37%
5 Yr 17.4%* -10.0% 35.4% 57.36%
10 Yr 17.6%* 1.6% 29.3% 55.63%

* Annualized

Total Return Ranking - Calendar

Period MTCBX Return Category Return Low Category Return High Rank in Category (%)
2023 52.8% -2.3% 96.9% 44.75%
2022 -36.7% -67.5% -5.9% 56.48%
2021 12.5% -17.8% 59.2% 69.30%
2020 45.0% 17.5% 157.5% 73.13%
2019 34.7% 7.5% 66.9% 73.82%

NAV & Total Return History


MTCBX - Holdings

Concentration Analysis

MTCBX Category Low Category High MTCBX % Rank
Net Assets 1.85 B 4.67 M 81.2 B 36.65%
Number of Holdings 49 10 317 59.28%
Net Assets in Top 10 1.08 B 1.67 M 48.8 B 33.03%
Weighting of Top 10 58.30% 13.8% 100.0% 35.29%

Top 10 Holdings

  1. Microsoft Corp 10.17%
  2. Alphabet Inc 9.75%
  3. NVIDIA Corp 8.89%
  4. Meta Platforms Inc 8.81%
  5. Apple Inc 5.81%
  6. Broadcom Inc 4.91%
  7. Salesforce Inc 2.86%
  8. ServiceNow Inc 2.83%
  9. Applied Materials Inc 2.14%
  10. Advanced Micro Devices Inc 2.11%

Asset Allocation

Weighting Return Low Return High MTCBX % Rank
Stocks
98.71% 0.00% 100.77% 58.82%
Cash
1.29% 0.00% 30.34% 52.94%
Preferred Stocks
0.00% 0.00% 8.61% 78.28%
Other
0.00% -0.02% 26.87% 75.11%
Convertible Bonds
0.00% 0.00% 0.40% 70.14%
Bonds
0.00% 0.00% 87.98% 70.59%

Stock Sector Breakdown

Weighting Return Low Return High MTCBX % Rank
Technology
51.33% 2.80% 100.00% 90.50%
Financial Services
15.56% 0.00% 38.36% 5.88%
Communication Services
13.74% 0.00% 97.05% 19.00%
Consumer Cyclical
12.95% 0.00% 32.97% 15.84%
Industrials
5.58% 0.00% 38.68% 15.38%
Healthcare
0.85% 0.00% 25.57% 39.37%
Utilities
0.00% 0.00% 5.17% 70.14%
Real Estate
0.00% 0.00% 15.05% 78.28%
Energy
0.00% 0.00% 1.24% 69.68%
Consumer Defense
0.00% 0.00% 5.64% 74.66%
Basic Materials
0.00% 0.00% 2.38% 71.95%

Stock Geographic Breakdown

Weighting Return Low Return High MTCBX % Rank
US
93.08% 0.00% 100.77% 71.95%
Non US
5.62% 0.00% 60.23% 25.79%

MTCBX - Expenses

Operational Fees

MTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.90% 0.08% 5.04% 13.64%
Management Fee 0.74% 0.03% 1.95% 49.77%
12b-1 Fee 1.00% 0.00% 1.00% 94.26%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

MTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 4.00% 1.00% 4.00% 4.17%

Trading Fees

MTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

MTCBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.69% 281.00% 41.48%

MTCBX - Distributions

Dividend Yield Analysis

MTCBX Category Low Category High MTCBX % Rank
Dividend Yield 0.00% 0.00% 7.82% 78.28%

Dividend Distribution Analysis

MTCBX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Annual

Net Income Ratio Analysis

MTCBX Category Low Category High MTCBX % Rank
Net Income Ratio -1.59% -2.30% 2.08% 93.09%

Capital Gain Distribution Analysis

MTCBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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MTCBX - Fund Manager Analysis

Managers

Matthew Sabel


Start Date

Tenure

Tenure Rank

May 01, 2011

11.09

11.1%

Matthew Sabel is an investment officer and portfolio manager at MFS Investment Management® (MFS®) since September 2018. Matt joined MFS in 2009 and was named portfolio manager in 2011. Previously, he spent nine years at Fidelity Management and Research Company. He also served as an associate consultant at Putnam Associates for two years. He began his career in financial services as a mutual fund accountant at Investors Bank and Trust in 1997. Matt earned a Bachelor of Arts degree cum laude from Tufts University.

Reiner Dobbelmann


Start Date

Tenure

Tenure Rank

May 15, 2022

0.04

0.0%

Reinier Dobbelmann is an Investment Officer and Portfolio Manager of MFS and has been employed in the investment area of MFS since 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 8.25 1.41