MFS Emerging Markets Equity Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.3%
1 yr return
8.2%
3 Yr Avg Return
-6.3%
5 Yr Avg Return
0.2%
Net Assets
$7.43 B
Holdings in Top 10
34.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MEMJX - Profile
Distributions
- YTD Total Return 3.3%
- 3 Yr Annualized Total Return -6.3%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.20%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMFS Emerging Markets Equity Fund
-
Fund Family NameMFS Funds
-
Inception DateJun 01, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJosé Luis García
Fund Description
MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests at least 80% of the fund’s net assets in equity securities of issuers that are tied economically to emerging market countries. Emerging market countries are countries whose financial and capital markets are in the development phase and include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe. MFS may also invest in equity securities of issuers that are not tied economically to emerging market countries.
Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.
MFS may invest the fund’s assets in securities of companies of any size.
MFS normally invests the fund’s assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry, sector, country, or region.
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.
MEMJX - Performance
Return Ranking - Trailing
Period | MEMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | -9.0% | 12.7% | 42.01% |
1 Yr | 8.2% | -8.2% | 34.8% | 57.39% |
3 Yr | -6.3%* | -23.3% | 8.2% | 48.41% |
5 Yr | 0.2%* | -7.2% | 11.4% | 83.39% |
10 Yr | 2.2%* | -3.0% | 6.3% | 62.37% |
* Annualized
Return Ranking - Calendar
Period | MEMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.3% | -6.5% | 35.5% | 53.60% |
2022 | -20.8% | -50.1% | -2.4% | 22.80% |
2021 | -8.7% | -33.1% | 22.5% | 66.77% |
2020 | 9.7% | -22.1% | 80.1% | 78.36% |
2019 | 17.9% | -0.7% | 42.0% | 52.72% |
Total Return Ranking - Trailing
Period | MEMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | -9.0% | 12.7% | 42.01% |
1 Yr | 8.2% | -8.2% | 34.8% | 57.39% |
3 Yr | -6.3%* | -23.3% | 8.2% | 48.41% |
5 Yr | 0.2%* | -7.2% | 11.4% | 83.39% |
10 Yr | 2.2%* | -3.0% | 6.3% | 62.37% |
* Annualized
Total Return Ranking - Calendar
Period | MEMJX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.3% | -2.7% | 42.0% | 46.81% |
2022 | -19.8% | -42.2% | 1.9% | 27.27% |
2021 | -6.6% | -32.5% | 33.1% | 81.68% |
2020 | 10.6% | -20.0% | 81.6% | 79.60% |
2019 | 20.2% | 2.3% | 42.0% | 54.63% |
NAV & Total Return History
MEMJX - Holdings
Concentration Analysis
MEMJX | Category Low | Category High | MEMJX % Rank | |
---|---|---|---|---|
Net Assets | 7.43 B | 682 K | 103 B | 7.10% |
Number of Holdings | 100 | 10 | 7049 | 48.79% |
Net Assets in Top 10 | 2.53 B | 118 K | 19.2 B | 8.58% |
Weighting of Top 10 | 34.10% | 0.7% | 140.4% | 46.85% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 9.29%
- Samsung Electronics Co Ltd 5.71%
- Tencent Holdings Ltd 4.68%
- Alibaba Group Holding Ltd 2.96%
- Infosys Ltd 2.07%
- Tata Consultancy Services Ltd 2.07%
- Ping An Insurance Group Co of China Ltd 1.90%
- Hon Hai Precision Industry Co Ltd 1.82%
- HDFC Bank Ltd 1.80%
- Mahindra Mahindra Ltd 1.79%
Asset Allocation
Weighting | Return Low | Return High | MEMJX % Rank | |
---|---|---|---|---|
Stocks | 98.31% | 0.00% | 103.65% | 24.93% |
Cash | 1.69% | -2.03% | 99.29% | 49.20% |
Preferred Stocks | 0.00% | 0.00% | 10.09% | 62.73% |
Other | 0.00% | -1.59% | 50.31% | 41.82% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 16.06% |
Bonds | 0.00% | 0.00% | 94.30% | 26.14% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MEMJX % Rank | |
---|---|---|---|---|
Technology | 22.01% | 0.00% | 47.50% | 50.88% |
Financial Services | 18.48% | 0.00% | 48.86% | 71.23% |
Consumer Cyclical | 14.84% | 0.00% | 48.94% | 24.97% |
Communication Services | 12.53% | 0.00% | 39.29% | 13.84% |
Consumer Defense | 11.63% | 0.00% | 25.90% | 8.14% |
Basic Materials | 7.49% | 0.00% | 30.03% | 55.90% |
Industrials | 3.47% | 0.00% | 43.53% | 84.80% |
Real Estate | 3.23% | 0.00% | 17.15% | 16.28% |
Energy | 3.07% | 0.00% | 24.80% | 63.77% |
Healthcare | 1.81% | 0.00% | 16.53% | 83.04% |
Utilities | 1.44% | 0.00% | 39.12% | 46.27% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MEMJX % Rank | |
---|---|---|---|---|
Non US | 85.30% | 0.00% | 100.18% | 48.79% |
US | 13.01% | 0.00% | 99.51% | 39.95% |
MEMJX - Expenses
Operational Fees
MEMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.03% | 24.48% | 77.25% |
Management Fee | 0.90% | 0.00% | 2.00% | 49.93% |
12b-1 Fee | N/A | 0.00% | 1.00% | 2.51% |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
MEMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MEMJX 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.
MEMJX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 0.00% | 189.00% | 38.65% |
MEMJX - Distributions
Dividend Yield Analysis
MEMJX | Category Low | Category High | MEMJX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.65% | 0.00% | 10.16% | 29.49% |
Dividend Distribution Analysis
MEMJX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annual |
Net Income Ratio Analysis
MEMJX | Category Low | Category High | MEMJX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.20% | -1.98% | 17.62% | 34.77% |
Capital Gain Distribution Analysis
MEMJX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.875 | OrdinaryDividend |
Dec 09, 2022 | $0.400 | OrdinaryDividend |
Dec 10, 2021 | $0.833 | OrdinaryDividend |
Dec 11, 2020 | $0.324 | OrdinaryDividend |
Dec 12, 2019 | $0.696 | OrdinaryDividend |
Dec 13, 2018 | $0.283 | OrdinaryDividend |
Dec 14, 2017 | $0.127 | OrdinaryDividend |
Dec 15, 2016 | $0.234 | OrdinaryDividend |
Dec 15, 2015 | $0.129 | OrdinaryDividend |
Dec 16, 2014 | $0.313 | OrdinaryDividend |
Dec 12, 2013 | $0.232 | OrdinaryDividend |
Dec 13, 2012 | $0.339 | OrdinaryDividend |
MEMJX - Fund Manager Analysis
Managers
José Luis García
Start Date
Tenure
Tenure Rank
Oct 10, 2008
13.65
13.7%
Jose Luis Garcia is an investment officer, equity portfolio manager and the director of equity - Latin America at MFS Investment Management® (MFS®). He manages or comanages several international equity portfolios for MFS, including Latin American and emerging markets portfolios, as well as oversees the analyst-led research international portfolios. He also contributes to the MFS global research platform as an equity research analyst focused on Latin American stocks. He is based in Mexico City. Jose Luis joined MFS in 2002. Previously,he was chief executive officer of Telefonica B2B in Mexico.
Harry Purcell
Start Date
Tenure
Tenure Rank
Jul 01, 2017
4.92
4.9%
Harry Purcell is an investment officer, portfolio manager and equity research analyst at MFS Investment Management® (MFS®). He is a member of the firm's emerging market equity portfolio management team. As an analyst, he is responsible for identifying the most attractive investment opportunities in his assigned coverage areas. Harry works closely with MFS portfolio managers to ensure investment ideas are properly positioned within portfolios. Harry joined MFS in 2012 as an analyst and added portfolio management duties in 2017. Prior to joining MFS, he co-founded and served as a portfolio manager at Zedd Capital for three years. He previously held portfolio management roles at CQS Management Limited and Tribeca Global (part of Citigroup). He spent seven years at F&C Management Ltd., holding both the roles of pan-European fund manager and head of global technology research. He began his career in the financial services industry in 1998. Harry holds earned his Master of Arts degree from Oxford University.
Rajesh Nair
Start Date
Tenure
Tenure Rank
Aug 01, 2021
0.83
0.8%
Rajesh R. Nair - Investment Officer - Equity Research Analyst - As an Equity Research Analyst, responsible for identifying the most attractive investment opportunities in assigned universe. Works closely with portfolio managers to ensure ideas are properly positioned within portfolios. - Joined MFS in 2008 - Previous experience includes 7 years as Director, Holt Sales at Credit Suisse, Holt Value Associates; 1 year as Analyst at Deutsche Bank - Regional Head Office; 2 years as Project Manager at System Access; 3 years as Associate Consultant at Citicorp Software. - London Business School, Master of Business Administration - University of Calicut, Business Technology
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.54 | 13.42 |