Fund Facts  

Inception Date: Apr 28, 2006
Ticker Symbol: MINJX
Morningstar Category:Foreign Large Blend
As of Mar 31, 2016
Fund Net Assets ($millions) $25,672

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks capital appreciation.

Principal Investment Strategies  

The fund normally invests its assets primarily in foreign equity securities, including emerging market 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. The advisor focuses on investing the fund's assets in the stocks of companies it believes are undervalued compared to their intrinsic value (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 Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Mar 31, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
MFS International Value R5a2.66%2.66%2.81%9.61%9.69%N/A5.97%
MSCI EAFE Value Index (Gross)a,b-3.84%-3.84%-12.36%1.10%1.38%1.18%N/A
Morningstar Foreign Large Blenda,c-1.98%-1.98%-7.99%1.72%1.61%1.57%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 performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total annual fund operating expensesa0.75%
Fee waiver and/or expense reimbursement0.06%
Total expenses0.69%

A contractual expense waiver exists for this fund and will expire on 09-30-2016.

 

a. Returns and/or expenses provided by Morningstar, Inc. Copyright © 2016. 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. ICMA-RC does not independently verify Morningstar data.

b. The MSCI Europe Australasia Far East ("EAFE") Value Index (Gross) is a free float-adjusted market capitalization index of growth style equity securities that is designed to measure the value style equity market performance of developed markets, excluding the U.S. and Canada. Gross total return indexes reinvest as much as possible of a company’s dividend distributions. The reinvested amount is equal to the total dividend amount distributed to persons residing in the country of the dividend-paying company. Gross total return indexes do not, however, include any tax credits.

c. The Morningstar Category Average is the equal-weighted average return of all funds per category, as identified by Morningstar, Inc.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Dec 15, 2015Dec 15, 2015$1.176030000
Dec 16, 2014Dec 16, 2014$1.189760000
 

Morningstar Information

Morningstar Rating   As of Mar 31, 2016
Period Stars Category Size
Overall 5 Stars712
3-Year 5 Stars712
5-Year 5 Stars624
10-Year N/A N/A

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each 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 fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Mar 31, 2016
Equity Stylebox
Large Growth
Allocation of Assets As of Feb 29, 2016
Type of Asset Percent
Equity97%
Fixed Income0%
Cash/Other3%

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

 
 

Characteristics

Allocation of Assets As of Feb 29, 2016
Asset ClassPercent
Domestic Stock9.8%
Foreign Stock87.3%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash2.9%
Other0.0%

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

 
Equity Sector As of Feb 29, 2016
SectorPercent
Consumer Defensive30.6%
Technology17.6%
Industrials13.9%
Financial Services12.4%
Healthcare5.3%
Basic Materials5.1%
Consumer Cyclical4.0%
Communication Services3.8%
Real Estate3.6%
Energy0.8%

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

 
Top Ten Country Exposure As of Feb 29, 2016
CountryPercent
Japan21.7%
United Kingdom16.4%
Switzerland11.8%
Germany11.0%
United States9.8%
France8.9%
Australia3.8%
Netherlands2.9%
Sweden2.6%
Canada2.1%
Top Ten Holdings As of Feb 29, 2016
Holding NamePercent
Nestle SA4.2%
Danone SA3.9%
Reckitt Benckiser Group PLC3.4%
Colgate-Palmolive Co3.2%
Brambles Ltd3.1%
KDDI Corp2.5%
Compass Group PLC2.5%
Japan Tobacco Inc2.3%
Kao Corp2.1%
Analog Devices Inc2.1%
 

Statistics

Portfolio Statistics As of Mar 31, 2016
Statistic3-Year5-Year
Beta0.740.68
Alpha8.908.91
Standard Deviation11.1511.83
 
 

Trading Restrictions

Purchase, Sale, and Transfer Restrictions

 

The MFS Funds imposes trading restrictions for this investment. If you transfer more than $5,000 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 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 before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 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.