MFS Total Return A (MSFRX - Free Report) a Zacks Ranked #2 (Buy) seeks to provide above-average income consistent with the prudent capital employment. At least 40% and maximum of 75% of its assets is invested in equity securities, and at least 25% in non-convertible fixed income securities. MSFRX may vary the percentage invested in any one type of security (within the limits) in accordance with the fund manager's interpretation of economic and money market conditions among other factors.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Foreign Bond. Further, as of the last filing, JPMorgan Chase & Co, Wells Fargo, and Johnson & Johnson were the top holdings for MSFRX.
The MFS Total Return A fund, managed by MFS , carries an expense ratio of 0.73. Moreover, SCGEX requires a minimal initial investment of $1,000.
MSFRX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 6.41%, 3 year 11.08%, and 5 year 10.02%. To see how this fund performed compared in its category, please click here.
MSFRX’s performance, as of the last filing, when compared to funds in its category was in the top 26% in 1 year, top 29% over the past 3 years, and in the 34% over the past 5 years.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>