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3 MFS Mutual Funds You Must Grab Today

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Founded in 1924, MFS had nearly $528.4 billion in assets under management as of Jan 31, 2020. MFS deals in more than 80 portfolios, which invest in both domestic and global stocks along with fixed-income debt securities. The company focuses on providing a wide variety of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals.

MFS is headquartered in Boston, MA, and has investment offices in Hong Kong, Sao Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company has 1,900 employees dedicated to address clients' needs. Its investment approach includes integrated study, international cooperation and effective risk management.

Below we share with you three top-rated MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of funds.

MFS Global Real Estate Fund Class A (MGLAX - Free Report) aims for total return. The fund invests the majority of its assets in U.S. and foreign real estate-related investments. It mostly focuses on investing in equity securities. MGLAX may invest in companies of any market capitalization across different countries. The fund has returned 2.7% over the past three years.

MGLAX has an expense ratio of 1.23% compared with the category average of 1.26%.

MFS Value Fund Class 529A  aims for capital growth. The fund mostly invests in equity securities of companies it perceives as undervalued. These securities may comprise common stocks and other securities that have an ownership interest in an organization or other issuer. EAVLX has three year annualized returns of 3.2%.

Steven R. Gorham is the fund manager of EAVLX since 2002.

MFS Mid Cap Growth Fund Class A (OTCAX - Free Report) aims for capital appreciation. The fund invests the majority of its assets in securities of medium-market-capitalization companies. According to MFS, medium-market-capitalization issuers are those that have market capitalization similar to those of companies included on the Russell Midcap Growth Index over the last 13 months at the time of purchase. OTCAX has returned 14.5% in the past three years.

As of the end of April 2020, OTCAX held 93 issues with 3.33% of its assets invested in Global Payments Inc.

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

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