Renowned global asset manager, MFS provides an array of financial products and services to fulfill the needs of its investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth over $668.7 billion as of Nov 30, 2021.
The company has 1,900 employees dedicated to addressing its clients’ needs. MFS deals in more than 80 portfolios investing in domestic and global stocks as well as in fixed-income securities. It has investment offices in Boston, Hong Kong, São Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company was founded in 1924 and is headquartered in Boston, MA.
Below we share with you three top-ranked MFS mutual funds, viz, MFS Growth Fund Class R3 (MFEHX - Free Report) , MFS Value Fund Class 529A , and MFS Municipal Income Fund Class A1 (MMIDX - Free Report) . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
MFS Growth Fund Class R3 focuses on capital appreciation by investing primarily in equity securities. The fund’s advisor invests MFEHX’s assets in stocks of companies that have the potential for more-than-average earnings growth against the other growth companies.
MFS Growth Fund Class R3 has three-year annualized returns of 26.4%. Eric B. Fischman has been one of the fund managers of MFEHX since 2002.
MFS Value Fund Class 529A aims for capital growth. EAVLX mostly invests in equity securities of companies it perceives as undervalued. These securities may comprise common stocks and other securities that have an ownership interest in an organization or other issuer.
MFS Value Fund Class 529A has returned 12.5% over the last three years. As of the end of November 2021, EAVLX held 77 issues with 4.4% of its assets invested in JPMorgan Chase & Co.
MFS Municipal Income Fund Class A1 invests the bulk of its assets in municipal securities that are believed to provide interest income free from federal income tax. MMIDX seeks returns through tax-free income and growth of capital and may invest more than one-fourth of its assets in those municipal instruments related to education, healthcare, utilities and housing.
MFS Municipal Income Fund Class A1 has three-year annualized returns of 5.4%. MMIDX has an expense ratio of 0.52% compared with the category average of 0.73%.
To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of funds.
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Renowned global asset manager, MFS provides an array of financial products and services to fulfill the needs of its investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth over $668.7 billion as of Nov 30, 2021.
The company has 1,900 employees dedicated to addressing its clients’ needs. MFS deals in more than 80 portfolios investing in domestic and global stocks as well as in fixed-income securities. It has investment offices in Boston, Hong Kong, São Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company was founded in 1924 and is headquartered in Boston, MA.
Below we share with you three top-ranked MFS mutual funds, viz, MFS Growth Fund Class R3 (MFEHX - Free Report) , MFS Value Fund Class 529A , and MFS Municipal Income Fund Class A1 (MMIDX - Free Report) . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
MFS Growth Fund Class R3 focuses on capital appreciation by investing primarily in equity securities. The fund’s advisor invests MFEHX’s assets in stocks of companies that have the potential for more-than-average earnings growth against the other growth companies.
MFS Growth Fund Class R3 has three-year annualized returns of 26.4%. Eric B. Fischman has been one of the fund managers of MFEHX since 2002.
MFS Value Fund Class 529A aims for capital growth. EAVLX mostly invests in equity securities of companies it perceives as undervalued. These securities may comprise common stocks and other securities that have an ownership interest in an organization or other issuer.
MFS Value Fund Class 529A has returned 12.5% over the last three years. As of the end of November 2021, EAVLX held 77 issues with 4.4% of its assets invested in JPMorgan Chase & Co.
MFS Municipal Income Fund Class A1 invests the bulk of its assets in municipal securities that are believed to provide interest income free from federal income tax. MMIDX seeks returns through tax-free income and growth of capital and may invest more than one-fourth of its assets in those municipal instruments related to education, healthcare, utilities and housing.
MFS Municipal Income Fund Class A1 has three-year annualized returns of 5.4%. MMIDX has an expense ratio of 0.52% compared with the category average of 0.73%.
To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
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