Back to top

Image: Bigstock

3 Valued MFS Mutual Funds for Your 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 $495.2 billion (as of Sep 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) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

MFS Government Securities Fund Class A (MFGSX - Free Report) aims for total return with a focus on current income. The fund also aims for capital growth. MFGSX invests most of its assets in U.S. government and agency securities at the same time considering factors such as macroeconomic indicators, valuations and market scenario. MFGSX has year-to-date returns of 6.7%.

Geoffrey L. Schechter is the fund manager of MFGSX since 2006.

MFS Research Fund Class A (MFRFX - Free Report) targets capital growth. The fund mostly invests in equity securities of several industries and aims to add value through its selection of stocks. MFRFX has year-to-date returns of 23.7%.

As of September 2019, MFRFX held 110 issues with 4.68% of its assets invested in Microsoft Corp.

MFS Growth Fund Class R3 (MFEHX - Free Report) focuses on capital appreciation by investing primarily in equity securities. The fund’s advisor invests MFEHX’s assets in stocks of companies that the advisor feels have the potential for more-than-average earnings growth against other growth companies. MFEHX has a year-to-date return of 26.6%.

MFEHX has an expense ratio of 0.92% compared with the category average of 1.08%.

To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of 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 RESEARCH FUND (MFRFX) - free report >>

MFS GOV SEC FUND CLS I (MFGSX) - free report >>

MFS Growth Fund R3 (MFEHX) - free report >>

Published in