MAMAX: MFS Moderate Allocation A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MAMAX MFS Moderate Allocation A


Profile

MAMAX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 2.4%
  • Net Assets $5.8 B
  • Holdings in Top 10 73.9%

52 WEEK LOW AND HIGH

$19.12
$17.17
$19.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.34%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 2.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return 8.3%
  • 5 Yr Annualized Total Return 6.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.09%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    MFS Moderate Allocation Fund
  • Fund Family Name
    MFS
  • Inception Date
    Jun 28, 2002
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Flaherty

Fund Description

The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser referred to as underlying funds. Within the stock fund allocations, the adviser seeks to diversify by geography (by including domestic and international underlying funds), in terms of market capitalization (by including large, mid, and small capitalization underlying funds), and by style (by including both growth and value underlying funds).


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MAMAX - Performance

Return Ranking - Trailing

Period MAMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.2% 4.0% 28.53%
1 Yr 11.0% 0.4% 22.6% 17.39%
3 Yr 4.6%* -4.1% 10.6% 24.85%
5 Yr 2.4%* -4.4% 7.4% 26.16%
10 Yr 4.8%* -0.6% 8.2% 22.73%

* Annualized

Return Ranking - Calendar

Period MAMAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.4% 5.4% 23.0% 21.33%
2018 -10.0% -23.0% -4.4% 22.25%
2017 9.8% -0.6% 18.6% 60.12%
2016 3.7% -7.8% 13.9% 33.65%
2015 -6.3% -19.4% 0.0% 46.18%

Total Return Ranking - Trailing

Period MAMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% 0.2% 4.0% 28.53%
1 Yr 11.0% 0.4% 22.6% 17.39%
3 Yr 8.3%* -2.3% 10.7% 11.38%
5 Yr 6.3%* -3.3% 11.2% 13.91%
10 Yr 7.9%* 0.9% 9.8% 27.27%

* Annualized

Total Return Ranking - Calendar

Period MAMAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.4% 5.4% 23.0% 21.33%
2018 -4.4% -23.0% -2.8% 11.27%
2017 14.8% -0.6% 22.8% 52.45%
2016 6.5% -7.8% 19.9% 43.49%
2015 -0.9% -14.9% 7.6% 17.61%

NAV & Total Return History


Holdings

MAMAX - Holdings

Concentration Analysis

MAMAX Category Low Category High MAMAX % Rank
Net Assets 5.8 B 3.98 M 23 B 13.75%
Number of Holdings 21 4 537 45.82%
Net Assets in Top 10 4.29 B 3.72 M 23 B 14.02%
Weighting of Top 10 73.91% 23.4% 100.0% 68.19%

Top 10 Holdings

  1. MFS Government Securities R6 9.99%
  2. MFS Value R6 7.99%
  3. MFS Total Return Bond R6 7.99%
  4. MFS Research R6 7.98%
  5. MFS Growth R6 7.97%
  6. MFS Mid Cap Value R6 7.00%
  7. MFS Mid Cap Growth R6 7.00%
  8. MFS Inflation-Adjusted Bond R6 6.98%
  9. MFS Research International R6 6.00%
  10. MFS Global Bond R6 5.01%

Asset Allocation

Weighting Return Low Return High MAMAX % Rank
Stocks
55.98% 20.25% 91.09% 79.25%
Bonds
40.93% 5.59% 76.83% 23.18%
Cash
2.85% -21.49% 12.15% 47.98%
Convertible Bonds
0.30% 0.00% 3.23% 47.17%
Preferred Stocks
0.00% 0.00% 5.19% 89.22%
Other
-0.07% -2.28% 6.12% 95.15%

Stock Sector Breakdown

Weighting Return Low Return High MAMAX % Rank
Financial Services
16.58% 0.00% 34.17% 58.49%
Technology
14.87% 0.00% 19.96% 58.22%
Industrials
14.34% 6.03% 16.17% 8.63%
Healthcare
12.45% 0.00% 17.28% 61.46%
Consumer Cyclical
8.68% 0.83% 18.51% 88.95%
Consumer Defense
8.24% 0.00% 11.89% 35.04%
Real Estate
8.22% 1.57% 46.41% 13.75%
Communication Services
5.81% 0.86% 10.41% 90.03%
Basic Materials
4.98% 0.00% 15.07% 12.67%
Utilities
3.05% 0.00% 21.97% 56.06%
Energy
2.78% 0.58% 19.74% 91.64%

Stock Geographic Breakdown

Weighting Return Low Return High MAMAX % Rank
US
40.95% 12.13% 67.66% 61.19%
Non US
15.03% 8.04% 36.33% 81.13%

Bond Sector Breakdown

Weighting Return Low Return High MAMAX % Rank
Government
38.63% 0.00% 55.69% 29.38%
Corporate
26.87% 8.95% 97.52% 50.67%
Securitized
25.66% 0.00% 48.11% 38.27%
Cash & Equivalents
7.75% -0.90% 41.38% 71.97%
Municipal
1.02% 0.00% 18.59% 31.00%
Derivative
0.07% 0.00% 25.47% 52.02%

Bond Geographic Breakdown

Weighting Return Low Return High MAMAX % Rank
US
31.15% 5.38% 61.06% 36.39%
Non US
9.78% -5.48% 26.22% 14.29%

Expenses

MAMAX - Expenses

Operational Fees

MAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.34% 0.01% 4.78% 73.15%
Management Fee 0.00% 0.00% 1.25% 31.00%
12b-1 Fee 0.25% 0.00% 1.00% 38.08%
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

MAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 2.50% 5.75% 30.65%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

MAMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.00% 1.00% 312.63% 11.86%

Distributions

MAMAX - Distributions

Dividend Yield Analysis

MAMAX Category Low Category High MAMAX % Rank
Dividend Yield 0.18% 0.00% 0.94% 25.61%

Dividend Distribution Analysis

MAMAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

MAMAX Category Low Category High MAMAX % Rank
Net Income Ratio 2.09% -0.16% 6.49% 32.61%

Capital Gain Distribution Analysis

MAMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MAMAX - Fund Manager Analysis

Managers

Joseph Flaherty


Start Date

Tenure

Tenure Rank

Jun 28, 2002

17.61

17.6%

Joseph C. Flaherty, Jr., is an investment officer and chief investment risk officer at MFS Investment Management® (MFS®). He serves as the director of the MFS' Quantitative Solutions group and is a portfolio manager of the firm's asset allocation portfolios. Joe joined MFS as a fixed-income quantitative research associate in 1993 and was named quantitative research analyst in 1996. He became manager of the Quantitative Research Group and portfolio manager in 1999, director of Fixed Income Quantitative Research in 2004, and director of the Quantitative Solutions Team in 2005.

Natalie Shapiro


Start Date

Tenure

Tenure Rank

Sep 01, 2018

1.42

1.4%

Natalie I. Shapiro, Ph.D. is an Investment Officer, Portfolio Manager and Quantitative Fixed Income Research Analyst at MFS Investment Management® (MFS®). Prior to joining MFS in 1997, Natalie served as a research associate for the Federal Reserve Bank of Boston. Natalie has earned a bachelor's degree from Wellesley College and a doctorate from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 25.35 5.18 0.08