Back to top

3 MFS Mutual Funds for a Steady Portfolio

Read MoreHide Full Article

Renowned global asset manager, MFS aims to provide an array of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company manages worth over $485.5 billion (as of Apr 30, 2019).

The company has 1,900 employees dedicated to addressing clients’ needs. MFS deals in more than 80 portfolios investing in not only domestic and global stocks, but also 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 four top-rated MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of MFS funds.

MFS International Growth R4 (MGRVX - Free Report) seeks capital growth by investing the majority of its assets in foreign equity securities, which comprise emerging market equity securities. The fund invests in equity securities of companies it believes could have better-than-average potential for earnings growth. MGRVX has three-year annualized returns of 12.1%.

David A. Antonelli is one of the fund managers of MGRVX since 2010.

MFS Mid Cap Growth A (OTCAX - Free Report) seeks growth of capital. A large chunk of OTCAX’s assets is invested in issuers having medium market capitalization. These issuers have market cap identical to the ones listed on the Russell Midcap Growth Index for the previous 13 months. MFS Mid Cap Growth A has three-year annualized returns of 18.6%.

OTCAX has an expense ratio of 1.13% compared with the category average of 1.18%.

MFS Massachusetts Investor Growth STK A (MIGFX - Free Report) aims for capital appreciation by investing 80% of its assets in stocks. These stocks may consist of common stocks or other securities that represent an ownership interest in a company or other issuer. MIGFX has three-year annualized returns of 18.1%.

As of April 2019, MIGFX held 61 issues with 6.10% of its assets invested in Alphabet Inc A.

To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of MFS 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 >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


MFS Mid-Cap Growth Fund A (OTCAX) - free report >>

MFS International Growth R4 (MGRVX) - free report >>

MFS Mass Investors Gr Stk A (MIGFX) - free report >>