MFS Technology A Fund (MTCAX Quick QuoteMTCAX - Free Report) seeks capital appreciation. MTCAX invests, under normal market conditions, at least 80% of its net assets in common stocks and related securities of companies that the fund believes have above average growth potential and will benefit from technological advances and improvements. MTCAX's investments may include securities issued in initial public offerings and securities listed on a securities exchange or traded in the over-the-counter markets. MTCAX may invest in other securities that the fund believes offer an opportunity for capital appreciation.

This Sector - Tech product has a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 16.9% and 5 year 18.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.  

MTCAX’s performance, as of the last filing, when compared to funds in its category was in the top 54% over the past 1 year, and in the top 31% over the past 3 years and in the top 36% over the past 5 years.

The MFS Technology A fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Precious Metal. Further, as of the last filing, Alphabet Inc, Facebook Inc and Amazon.com Inc were the top holdings for MTCAX.

This Zacks Rank #2 (Buy) was incepted in January 1997 and is managed by MFS. MTCAX carries an expense ratio of 1.27% and requires a minimal initial investment of $1,000.

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