MFS Research Fund I ( (MRFIX - Free Report) ) seeks to long-term growth of capital and future income. MRFIX invests, under normal market conditions, at least 80% of its total assets in common stocks and related securities. MRFIX focuses on companies that the fund manager believes have favorable prospects for long-term growth, attractive valuations based on current and expected earnings or cash flow, dominant or growing market share and superior management. The fund may invest in companies of any size. The fund's investments may include securities traded on securities exchanges or in the over-the-counter markets. A committee of investment research analysts selects portfolio securities for the fund. The committee allocates the fund's assets among various industries. The fund may invest in foreign equity securities and may have exposure to foreign currencies through its investment in these securities.
This Large Growth 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 8.6% and 5 year 13.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
MRFIX’s performance, as of the last filing, when compared to funds in its category was in the top 42% over the past 1 year, and in the top 27% over the past 3 years and in the top 26% over the past 5 years.
The MFS Research Fund I, as of the last filing, allocates its fund in top three markets: Large Growth, Large Value and Foreign Bond. Further, as of the last filing, Alphabet Inc, Citigroup Inc and Visa Inc were the top holdings for MRFIX.
This Zacks Rank #2 (Buy) was incepted in October 1971 and is managed by MFS. MRFIX carries an expense ratio of 0.58% and requires a minimal initial investment of $0.
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