Fund Facts  

Inception Date: Apr 28, 2006
CUSIP: 55273H353
Ticker Symbol: MEIKX
Morningstar Category:Large Value
As of Sep 30, 2017
Fund Net Assets ($millions) $45,540

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks capital appreciation.

Principal Investment Strategies  

The fund 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. MFS focuses on investing the fund's assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies).

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2017
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
MFS Value R6a2.79%12.22%17.27%10.56%14.13%7.15%8.15%
Russell 1000 Value Indexa,b3.11%7.92%15.12%8.53%13.20%5.92%N/A
Morningstar Large Valuea,c3.80%9.41%16.17%7.99%12.23%5.72%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund Expensesa
Gross Expenses0.51%
Net Expenses0.51%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Russell 1000® Value Index measures the performance of the large-cap value segment of the U.S. equity universe. It includes those Russell 1000® Index companies with lower price-to-book ratios and lower expected growth values.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Sep 27, 2017Sep 27, 2017$0.150490000
Jun 28, 2017Jun 28, 2017$0.165430000
Mar 29, 2017Mar 29, 2017$0.152470000
Dec 13, 2016Dec 13, 2016$0.928720000
Sep 27, 2016Sep 27, 2016$0.137660000
Jun 28, 2016Jun 28, 2016$0.180710000
Mar 29, 2016Mar 29, 2016$0.137560000
Dec 10, 2015Dec 10, 2015$1.432870000
Sep 28, 2015Sep 28, 2015$0.162460000
Jun 25, 2015Jun 25, 2015$0.178200000
Mar 26, 2015Mar 26, 2015$0.231780000
Dec 11, 2014Dec 11, 2014$1.110510000
Sep 25, 2014Sep 25, 2014$0.200110000
Jun 26, 2014Jun 26, 2014$0.174910000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2017
Period Stars Category Size
Overall 5 Stars1108
3-Year 5 Stars1108
5-Year 5 Stars962
10-Year 4 Stars689

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) 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 managed product′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 managed product 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 Stylebox As of Sep 30, 2017
Equity Stylebox
Large Value
Allocation of Assets As of Aug 31, 2017
Type of Asset Percent
Equity99%
Fixed Income0%
Cash/Other1%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Aug 31, 2017
Asset ClassPercent
Domestic Stock92.4%
Foreign Stock6.4%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash1.1%
Other0.1%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Aug 31, 2017
SectorPercent
Financial Services30.3%
Healthcare17.3%
Industrials14.8%
Consumer Defensive10.9%
Technology5.6%
Basic Materials5.4%
Consumer Cyclical5.1%
Energy5.0%
Communication Services2.2%
Utilities1.9%
Real Estate0.4%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Aug 31, 2017
Holding NamePercent
JPMorgan Chase & Co4.6%
Johnson & Johnson3.7%
Philip Morris International Inc3.7%
Wells Fargo & Co3.0%
Accenture PLC A2.8%
Medtronic PLC2.4%
Goldman Sachs Group Inc2.4%
Citigroup Inc2.3%
Pfizer Inc2.2%
US Bancorp2.2%
 

Statistics

Portfolio Statistics As of Sep 30, 2017
Statistic3-Year5-Year
Beta0.970.98
Alpha2.081.10
Standard Deviation10.299.97
 
 

Trading Restrictions

Purchase, Sale, and Transfer Restrictions

 

The MFS Funds imposes trading restrictions for this investment. If you transfer more than $15,000 out of this investment, you will be restricted from transferring any amount into this fund for a 30 day period. Full details are provided in the Fund's prospectus.

 

Footnotes

1.

Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2017 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.