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MFS Mid Cap Value Fund
mutual fund
MCBVX
Payout Change
Pending
Price as of:
$33.3
-0.14
-0.42%
primary theme
U.S. Mid-Cap Value Equity
MCBVX (Mutual Fund)
MFS Mid Cap Value Fund
Payout Change
Pending
Price as of:
$33.3
-0.14
-0.42%
primary theme
U.S. Mid-Cap Value Equity
MCBVX (Mutual Fund)
MFS Mid Cap Value Fund
Payout Change
Pending
Price as of:
$33.3
-0.14
-0.42%
primary theme
U.S. Mid-Cap Value Equity
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
18.8%
1 yr return
24.0%
3 Yr Avg Return
7.0%
5 Yr Avg Return
10.5%
Net Assets
$16.5 B
Holdings in Top 10
12.1%
52 WEEK LOW AND HIGH
$33.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.75%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 19.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MCBVX - Profile
Distributions
- YTD Total Return 18.8%
- 3 Yr Annualized Total Return 7.0%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.04%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMFS Mid Cap Value Fund
-
Fund Family NameMFS Funds
-
Inception DateNov 01, 2001
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKevin Schmitz
Fund Description
MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests at least 80% of the fund’s net assets in issuers with medium market capitalizations. MFS generally defines medium market capitalization issuers as issuers with market capitalizations similar to those of issuers included in the Russell Midcap® Value Index over the last 13 months at the time of purchase. As of December 31, 2023, the range of the market capitalizations of the issuers in the Russell Midcap® Value Index was between approximately $270.2 million and $73.3 billion.
MFS normally invests the fund’s assets primarily in equity securities. Equity securities include common stocks, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
MFS focuses on investing the fund's assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies).
MFS may invest the fund’s assets in foreign securities.
MFS normally invests the fund's assets across different industries and sectors, but MFS may invest a significant percentage of the fund's assets in issuers in a single industry or sector.
MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.
For purposes of the fund's 80% policy, net assets include the amount of any borrowings for investment purposes.
MCBVX - Performance
Return Ranking - Trailing
| Period | MCBVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.8% | 7.2% | 39.2% | 25.83% |
| 1 Yr | 24.0% | 12.6% | 44.8% | 31.11% |
| 3 Yr | 7.0%* | -0.7% | 18.1% | 59.44% |
| 5 Yr | 10.5%* | 1.0% | 18.9% | 44.54% |
| 10 Yr | 8.8%* | 1.8% | 11.9% | 43.73% |
* Annualized
Return Ranking - Calendar
| Period | MCBVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.4% | -11.3% | 33.3% | 42.22% |
| 2022 | -13.5% | -41.6% | 2.3% | 48.88% |
| 2021 | 22.9% | -41.5% | 44.9% | 38.03% |
| 2020 | 3.2% | -29.0% | 22.1% | 33.24% |
| 2019 | 27.8% | -8.1% | 31.2% | 8.88% |
Total Return Ranking - Trailing
| Period | MCBVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.8% | 7.2% | 39.2% | 25.83% |
| 1 Yr | 24.0% | 12.6% | 44.8% | 31.11% |
| 3 Yr | 7.0%* | -0.7% | 18.1% | 59.44% |
| 5 Yr | 10.5%* | 1.0% | 18.9% | 44.54% |
| 10 Yr | 8.8%* | 1.8% | 11.9% | 43.73% |
* Annualized
Total Return Ranking - Calendar
| Period | MCBVX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.7% | -1.7% | 36.5% | 56.11% |
| 2022 | -9.7% | -35.0% | 2.4% | 69.10% |
| 2021 | 29.5% | 6.2% | 48.3% | 42.82% |
| 2020 | 3.2% | -22.9% | 23.2% | 46.42% |
| 2019 | 29.6% | -3.0% | 35.7% | 24.85% |
NAV & Total Return History
MCBVX - Holdings
Concentration Analysis
| MCBVX | Category Low | Category High | MCBVX % Rank | |
|---|---|---|---|---|
| Net Assets | 16.5 B | 991 K | 28 B | 6.37% |
| Number of Holdings | 145 | 8 | 2308 | 23.82% |
| Net Assets in Top 10 | 2.17 B | 349 K | 5.52 B | 11.91% |
| Weighting of Top 10 | 12.14% | 4.6% | 100.2% | 90.30% |
Top 10 Holdings
- MFS Institutional Money Market Portfolio 1.69%
- Hartford Financial Services Group Inc/The 1.37%
- PGE Corp 1.36%
- Toll Brothers Inc 1.15%
- MT Bank Corp 1.15%
- Cencora Inc 1.14%
- Extra Space Storage Inc 1.09%
- Public Service Enterprise Group Inc 1.08%
- Eastman Chemical Co 1.06%
- Graphic Packaging Holding Co 1.05%
Asset Allocation
| Weighting | Return Low | Return High | MCBVX % Rank | |
|---|---|---|---|---|
| Stocks | 98.22% | 55.64% | 103.53% | 54.57% |
| Cash | 1.78% | 0.00% | 27.43% | 45.15% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 17.17% |
| Other | 0.00% | 0.00% | 7.98% | 45.43% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 11.42% |
| Bonds | 0.00% | 0.00% | 19.09% | 15.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MCBVX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.04% | 0.00% | 60.11% | 25.91% |
| Industrials | 16.74% | 0.00% | 29.02% | 45.68% |
| Consumer Cyclical | 10.29% | 0.00% | 29.62% | 58.77% |
| Utilities | 8.55% | 0.00% | 24.69% | 20.61% |
| Technology | 8.14% | 0.00% | 30.07% | 70.47% |
| Real Estate | 7.19% | 0.00% | 40.74% | 61.28% |
| Energy | 7.16% | 0.00% | 29.17% | 53.76% |
| Healthcare | 7.06% | 0.00% | 32.47% | 72.98% |
| Basic Materials | 6.82% | 0.00% | 23.88% | 32.59% |
| Consumer Defense | 6.45% | 0.00% | 33.79% | 36.49% |
| Communication Services | 1.55% | 0.00% | 19.80% | 68.25% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MCBVX % Rank | |
|---|---|---|---|---|
| US | 98.22% | 55.64% | 103.53% | 45.98% |
| Non US | 0.00% | 0.00% | 33.85% | 30.47% |
MCBVX - Expenses
Operational Fees
| MCBVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.75% | 0.06% | 16.92% | 12.78% |
| Management Fee | 0.61% | 0.00% | 1.20% | 28.53% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 84.66% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| MCBVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 4.00% | 1.00% | 4.00% | 2.86% |
Trading Fees
| MCBVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MCBVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 19.00% | 0.00% | 227.00% | 11.85% |
MCBVX - Distributions
Dividend Yield Analysis
| MCBVX | Category Low | Category High | MCBVX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.37% | 0.00% | 22.79% | 86.67% |
Dividend Distribution Analysis
| MCBVX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| MCBVX | Category Low | Category High | MCBVX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.04% | -1.84% | 4.73% | 92.74% |
Capital Gain Distribution Analysis
| MCBVX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2023 | $0.123 | OrdinaryDividend |
| Dec 12, 2023 | $0.433 | CapitalGainLongTerm |
| Dec 08, 2022 | $0.126 | OrdinaryDividend |
| Dec 08, 2022 | $0.062 | CapitalGainShortTerm |
| Dec 08, 2022 | $0.978 | CapitalGainLongTerm |
| Dec 09, 2021 | $0.051 | OrdinaryDividend |
| Dec 09, 2021 | $0.315 | CapitalGainShortTerm |
| Dec 09, 2021 | $1.191 | CapitalGainLongTerm |
| Dec 10, 2020 | $0.012 | OrdinaryDividend |
| Dec 12, 2019 | $0.046 | OrdinaryDividend |
| Dec 12, 2019 | $0.067 | CapitalGainShortTerm |
| Dec 12, 2019 | $0.211 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.276 | CapitalGainShortTerm |
| Dec 13, 2018 | $0.769 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.002 | OrdinaryDividend |
| Dec 19, 2017 | $0.165 | CapitalGainShortTerm |
| Dec 19, 2017 | $0.518 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.014 | CapitalGainShortTerm |
| Dec 20, 2016 | $0.090 | OrdinaryDividend |
| Dec 17, 2015 | $0.358 | CapitalGainShortTerm |
| Dec 17, 2015 | $0.437 | CapitalGainLongTerm |
| Dec 19, 2014 | $0.268 | CapitalGainShortTerm |
| Dec 19, 2014 | $0.955 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.144 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.783 | CapitalGainLongTerm |
| Dec 19, 2012 | $0.019 | OrdinaryDividend |
| Dec 19, 2008 | $0.002 | OrdinaryDividend |
| Dec 21, 2007 | $0.503 | CapitalGainShortTerm |
| Dec 21, 2007 | $0.724 | CapitalGainLongTerm |
| Dec 19, 2006 | $0.389 | CapitalGainLongTerm |
| Dec 19, 2006 | $0.015 | CapitalGainShortTerm |
| Dec 16, 2005 | $0.908 | CapitalGainShortTerm |
| Dec 16, 2005 | $0.685 | CapitalGainLongTerm |
| Dec 17, 2004 | $0.849 | CapitalGainShortTerm |
| Dec 17, 2004 | $0.379 | CapitalGainLongTerm |
| Feb 01, 2002 | $0.002 | OrdinaryDividend |
MCBVX - Fund Manager Analysis
Managers
Kevin Schmitz
Start Date
Tenure
Tenure Rank
Nov 20, 2008
13.53
13.5%
Kevin J. Schmitz is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). He manages the firm's small and mid-cap value portfolios. Kevin assumed his current duties in 2011. He joined MFS in 2002 as an equity research analyst covering financial stocks. In 2009 he took on portfolio comanagement duties in addition to his analyst role. Prior to joining the firm, he was a financial analyst and vice president of business development for Fidelity Investments. Kevin earned a bachelor's of Business Administration degree from of the University of Michigan.
Brooks Taylor
Start Date
Tenure
Tenure Rank
Nov 20, 2008
13.53
13.5%
Brooks Taylor is an investment officer of MFS Investment Management® (MFS®). He is a portfolio manager of the balanced portfolios of our mutual funds, variable annuities, and institutional accounts. Brooks joined MFS in 1996 as an analyst. Prior to joining the firm, he was an analyst with Lodestar Group, a subsidiary of Société Générale. He has also held positions as an analyst with Fidelity Management and Research Company and Salomon Brothers. Prior to his current assignment he was a portfolio manager of our large-cap core portfolios. Brooks earned a Master of Business Administration degree from The Wharton School of the University of Pennsylvania and a Bachelor of Arts degree in economics from Yale University.
Richard Offen
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.92
0.9%
Richard L. Offen - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for final buy and sell decisions, portfolio construction and risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2011 - Previous experience includes 1 year as an Associate - Investment Banking at Stifel, Nicolaus and Co, Inc.; 3 years as an Associate/Analyst - Investment Banking at FBR Capital Markets. - Experience includes participation in the MFS MBA Internship program in 2010. - University of Virginia, Master of Business Administration - Davidson College, Bachelor of Arts
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.15 | 10.92 |
