MFS Massachusetts Investors Growth Stock I (MGTIX - Free Report) a Zacks Rank #2 (Buy) invests the majority of the fund's net assets in stocks. Stocks include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Foreign Stock. Further, as of the last filing, ALPHABET INC, ACCENTURE PLC and VISA INC were the top holdings for MGTIX.
The MFS Massachusetts Investors Growth Stock I fund, managed by MFS, carries an expense ratio of 0.5%.
MGTIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.54%, 3 year 7.5% and 5 year 11.9%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
MGTIX’s performance, as of the last filing, when compared to funds in its category was in the top 32% in 1 year, top 25% over the past 3 years, and in the 42% over the past 5 years.
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