MFS Total Return A Fund (MSFRX - Free Report) seeks above-average income consistent with the prudent employment of capital. Its secondary objective is to provide reasonable opportunity for growth of capital and income. MSFRX is a ''balanced fund,'' and invests in a combination of equity and fixed income securities. MSFRX normally invests, at least 40%, but not more than 75%, of its net assets in equity securities, and at least 25% of its net assets in non-convertible fixed income securities. MSFRX's investments may include securities traded on securities exchanges or in the over-the-counter markets.
This Allocation Balanced 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 5.5% and 5 year 9.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
MSFRX’s performance, as of the last filing, when compared to funds in its category was in the top 15% over the past 1 year, and in the top 14% over the past 3 years and in the top 21% over the past 5 years.
The MFS Total Return A fund, as of the last filing, allocates their fund in four major groups; Large Value, Intermediate Bond, Large Growth and Foreign Stock. Further, as of the last filing, JPMorgan Chase & Co, Philip Morris International and Johnson & Johnson were the top holdings for MSFRX.
This Zacks Rank #2 (Buy) was incepted in October 1970 and is managed by MFS. MSFRX carries an expense ratio of 0.73% and requires a minimal initial investment of $1,000.
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