Multi-cap approach focused primarily on high quality non-US businesses with above-average growth potential
Seeks to invest in companies with strong fundamentals, durable competitive advantages, and reasonable valuations
Fund Information
Fund Commencement
10/24/95
Net Assets
($
M)
As of 04/30/24
$15927.61
Fiscal Year End
MAY
Benchmark
MSCI All Country World (ex-US) Growth Index is a market capitalization index that is designed to measure equity market performance for growth securities in the global developed and emerging markets, excluding the U.S.
MSCI All Country World (ex-US) Growth Index (net div)
Share Class Information
Class Inception
10/24/95
Net Asset Value (NAV)
As of 05/17/24
$43.15
Most Recent NAV Change
As of 05/17/24
$0.05
|
0.12%
Fund Number
86
Maximum Sales Charge
5.75%
Gross Expense Ratio
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
1.09%
Net Expense Ratio
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 09/30/24
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
International: Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, currency, economic, industry, political, regulatory, geopolitical, or other conditions.
Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Matthew Barrett, ASIP
Portfolio Manager
28
YEARS WITH INDUSTRY
9
YEARS WITH PORTFOLIO
28
YEARS WITH INDUSTRY
9
YEARS WITH PORTFOLIO
Matthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Kevin Dwan
Portfolio Manager
26
YEARS WITH INDUSTRY
12
YEARS WITH PORTFOLIO
26
YEARS WITH INDUSTRY
12
YEARS WITH PORTFOLIO
Kevin M. Dwan is an investment officer and equity portfolio manager for the International Growth strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. He is based in Singapore.
Kevin joined MFS in 2005 as a global equity analyst. He was named director of research -- Asia in 2007 and assumed his current role in 2012. Prior to MFS, he worked for nine years at Putnam Investments in various roles in Boston, London and Tokyo, including equity analyst and sector-sleeve portfolio manager for international core equity strategies. He began his career in the financial services industry in 1996.
Kevin earned a Bachelor of Arts degree in economics from Harvard University and a Master of Business Administration degree from Harvard Business School.
These results represent the percent change in net asset value.
Monthly|QuarterlyAs of
03/31/24
(*YTD Updated
Daily,
As of 05/17/24 , subject to revision and not annualized.)
Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.
MORNINGSTAR RATING
Morningstar Overall Rating As of Class A Shares
Morningstar
Morningstar ratings are based on risk adjusted performance.
Performance information shown for periods prior to November 30, 1998, reflects periods when a subadvisor (Foreign & Colonial Management Ltd. and its subsidiary Foreign and Colonial Emerging Markets Ltd.) was responsible for selecting investments for the fund.
Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the fund's performance results would be less favorable. All results are historical and assume the reinvestment of dividends and capital gains.
Sales Charges
Class A shares ("A") results include the maximum sales charge.
Annual Rate of Return
Annual Rate of Return (%)
As of
12/31/23|Benchmark: MSCI All Country World (ex-US) Growth Index (net div)
annual rate of return table
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
At NAV
-5.32
0.02
2.39
32.17
-9.08
26.82
15.45
9.23
-15.32
14.52
With Sales Charge
-10.76
-5.73
-3.50
24.57
-14.31
19.53
8.81
2.95
-20.19
7.93
MSCI All Country World (ex-US) Growth Index (net div)
-2.65
-1.25
0.12
32.01
-14.43
27.34
22.20
5.09
-23.05
14.03
At NAV
With Sales Charge
MSCI All Country World (ex-US) Growth Index (net div)
2023
14.52
7.93
14.03
2022
-15.32
-20.19
-23.05
2021
9.23
2.95
5.09
2020
15.45
8.81
22.2
2019
26.82
19.53
27.34
2018
-9.08
-14.31
-14.43
2017
32.17
24.57
32.01
2016
2.39
-3.5
0.12
2015
0.02
-5.73
-1.25
2014
-5.32
-10.76
-2.65
Pricing & Distributions
Pricing History
NAV at Close of Trading on:
05/17/24
Net Asset Value (NAV):
$43.15
Change ($) (since
05/16/24
):
0.05
Change (%) (since
05/16/24
):
0.12
Market Price (MP):
Maximum data displayed is for the most recent 10 years
Historical NAV Lookup
Enter date for which you wish to obtain a Historical NAV for this fund
Historical NAV may not be available for all dates.
Historical MP Lookup
Enter date for which you wish to obtain a Historical MP for this fund
Historical MP may not be available for all dates.
Historical Exit Price Table
NAV at Close of Trading on
Net Asset Value (NAV)
No Data Available
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain
The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax.
(Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain
For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses.
(Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of
05/18/24
Record Date
Ex-Date
Payable Date
Type of Earnings
Rate per Share (US$)
Reinvestment NAV (US$)
12/18/23
12/19/23
12/20/23
Short Term Capital Gain
0.08176
39.57
12/18/23
12/19/23
12/20/23
Long Term Capital Gain
0.46565
39.57
12/18/23
12/19/23
12/20/23
Dividend
0.47804
39.57
Past performance is no guarantee of future results. Please consult your tax advisor for further information.
Alpha is a measure of the portfolio's risk-adjusted performance. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance.
Beta is a measure of the volatility of a portfolio relative to the overall market. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market.
Information ratio is a measure of consistency in excess return. It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return.
R squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market. Index portfolios will tend to have values very close to 100. R squared is not a measure of performance.
The Sharpe Ratio is a risk-adjusted measure calculated to determine reward per unit of risk. It uses a standard deviation and excess return. The higher the Sharpe Ratio, the better the portfolio's historical risk-adjusted performance.
Standard Deviation is an indicator of the portfolio's total return volatility, which is based on a minimum of 36 monthly returns. The larger the portfolio's standard deviation, the greater the portfolio's volatility.
Tracking error is the standard deviation of a portfolio's excess returns. Excess returns are a portfolio's return minus the benchmark's annualized return.
Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed.
Upside and downside capture is a measure of how well a manager was able to replicate or improve on phases of positive benchmark returns, and how badly the manager was affected by phases of negative benchmark returns. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period.
Updated Monthly As of
04/30/24
Benchmark
MSCI All Country World (ex-US) Growth Index (net div)
Performance Statistics Table
10 Yr.
5 Yr.
3 Yr.
Alpha
1.64
1.45
3.62
Beta
0.93
0.93
0.92
R-squared
94.42
94.48
94.07
Standard Deviation %
14.35
16.93
17.07
Sharpe Ratio
0.33
0.24
-0.11
Tracking Error
3.57
4.18
4.42
Information Ratio
0.38
0.28
0.86
Treynor Ratio
5.11
4.44
-2.01
Downside Capture %
90.02
91.99
88.44
Upside Capture %
97.61
97.37
103.04
Top 10 Holdings
As of
04/30/24
SAP SE
Hitachi Ltd
Taiwan Semiconductor Manufacturing Co Ltd ADR
Schneider Electric SE
Nestle SA
LVMH Moet Hennessy Louis Vuitton SE
Linde PLC
Roche Holding AG
Rolls-Royce Holdings PLC
Heineken NV
The portfolio is actively managed, and current holdings may be different.
Type Of Holdings (%)
No data currently available
Region & Country
Region & Country
No data currently available
Top Country Weightings (%)
No data currently available
Important Characteristics Information
The portfolio is actively managed, and current holdings may be different.
Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.
*Short positions, unlike long positions, lose value if the underlying asset gains value.
1Other. Other consists of: (i) currency derivatives and/or (ii) any derivative offsets.
Fees
1.08% Net Expense Ratio
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 09/30/24
1.09% Gross Expense Ratio
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
5.75
%Maximum Sales Charge
Class A shares ("A") results include the maximum sales charge.
This website is a general communication and is provided for informational and/or educational purposes only. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. Your use of this website indicates that you agree with the intended purpose. Prior to making any investment or financial decision, you should seek individualized advice from a personal financial, tax, and other professionals who are able to provide advice in the context of your particular financial situation.
This publication is authorized for distribution only when preceded or accompanied by a prospectus, or summary prospectus, for the portfolio being offered. Consider the fund's investment objectives, risks, charges and expenses. Contact MFS or view online. Read it carefully.
MFS registered investment products are offered through MFS® Fund Distributors, Inc., 111 Huntington Avenue, Boston, MA 02199.
Multi-cap approach focused primarily on high quality non-US businesses with above-average growth potential
Seeks to invest in companies with strong fundamentals, durable competitive advantages, and reasonable valuations
Fund Information
Fund Commencement
10/24/95
Net Assets
($
M)
As of 04/30/24
$15927.61
Fiscal Year End
MAY
Benchmark
MSCI All Country World (ex-US) Growth Index is a market capitalization index that is designed to measure equity market performance for growth securities in the global developed and emerging markets, excluding the U.S.
MSCI All Country World (ex-US) Growth Index (net div)
Share Class Information
Class Inception
10/24/95
Net Asset Value (NAV)
As of 05/17/24
$43.15
Most Recent NAV Change
As of 05/17/24
$0.05
|
0.12%
Fund Number
86
Maximum Sales Charge
5.75%
Gross Expense Ratio
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
1.09%
Net Expense Ratio
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 09/30/24
The fund may not achieve its objective and/or you could lose money on your investment in the fund.
Stock: Stock markets and investments in individual stocks are volatile and can decline significantly in response to or investor perception of, issuer, market, economic, industry, political, regulatory, geopolitical, environmental, public health, and other conditions.
Emerging Markets: Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, geopolitical and economic instability than developed markets.
International: Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, currency, economic, industry, political, regulatory, geopolitical, or other conditions.
Growth: Investments in growth companies can be more sensitive to the company's earnings and more volatile than the stock market in general.
Please see the prospectus for further information on these and other risk considerations.
Matthew Barrett, ASIP
Portfolio Manager
28
YEARS WITH INDUSTRY
9
YEARS WITH PORTFOLIO
28
YEARS WITH INDUSTRY
9
YEARS WITH PORTFOLIO
Matthew Barrett, ASIP, is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®), managing the firm's International Growth and European ex UK strategies. He is based in MFS' London office.
Matthew joined MFS in 2000 and became a research analyst in 2001. He was named portfolio manager in 2008. Before joining MFS, he was an associate director specializing in Asian equities for Newport Capital Ltd.
He earned a bachelor's degree from University College London and holds a Masters of Business Administration from the London Business School. He is a member of the CFA Society of the UK and an associate of the Society of Investment Professionals (ASIP).
Our portfolio managers are supported by our entire team of investment professionals in nine worldwide offices. The team employs a proprietary investment process to build better insights for our clients. The core principles of our approach are integrated research, global collaboration, and active risk management.
Kevin Dwan
Portfolio Manager
26
YEARS WITH INDUSTRY
12
YEARS WITH PORTFOLIO
26
YEARS WITH INDUSTRY
12
YEARS WITH PORTFOLIO
Kevin M. Dwan is an investment officer and equity portfolio manager for the International Growth strategies at MFS Investment Management® (MFS®). In this role, he is responsible for final buy and sell decisions, portfolio construction and risk and cash management. He also participates in the research process and strategy discussions. He is based in Singapore.
Kevin joined MFS in 2005 as a global equity analyst. He was named director of research -- Asia in 2007 and assumed his current role in 2012. Prior to MFS, he worked for nine years at Putnam Investments in various roles in Boston, London and Tokyo, including equity analyst and sector-sleeve portfolio manager for international core equity strategies. He began his career in the financial services industry in 1996.
Kevin earned a Bachelor of Arts degree in economics from Harvard University and a Master of Business Administration degree from Harvard Business School.
These results represent the percent change in net asset value.
Monthly|QuarterlyAs of
03/31/24
(*YTD Updated
Daily,
As of 05/17/24 , subject to revision and not annualized.)
Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your shares, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.
MORNINGSTAR RATING
Morningstar Overall Rating As of Class A Shares
Morningstar
Morningstar ratings are based on risk adjusted performance.
Performance information shown for periods prior to November 30, 1998, reflects periods when a subadvisor (Foreign & Colonial Management Ltd. and its subsidiary Foreign and Colonial Emerging Markets Ltd.) was responsible for selecting investments for the fund.
Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the fund's performance results would be less favorable. All results are historical and assume the reinvestment of dividends and capital gains.
Sales Charges
Class A shares ("A") results include the maximum sales charge.
Annual Rate of Return
Annual Rate of Return (%)
As of
12/31/23|Benchmark: MSCI All Country World (ex-US) Growth Index (net div)
annual rate of return table
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
At NAV
-5.32
0.02
2.39
32.17
-9.08
26.82
15.45
9.23
-15.32
14.52
With Sales Charge
-10.76
-5.73
-3.50
24.57
-14.31
19.53
8.81
2.95
-20.19
7.93
MSCI All Country World (ex-US) Growth Index (net div)
-2.65
-1.25
0.12
32.01
-14.43
27.34
22.20
5.09
-23.05
14.03
At NAV
With Sales Charge
MSCI All Country World (ex-US) Growth Index (net div)
2023
14.52
7.93
14.03
2022
-15.32
-20.19
-23.05
2021
9.23
2.95
5.09
2020
15.45
8.81
22.2
2019
26.82
19.53
27.34
2018
-9.08
-14.31
-14.43
2017
32.17
24.57
32.01
2016
2.39
-3.5
0.12
2015
0.02
-5.73
-1.25
2014
-5.32
-10.76
-2.65
Pricing & Distributions
Pricing History
NAV at Close of Trading on:
05/17/24
Net Asset Value (NAV):
$43.15
Change ($) (since
05/16/24
):
0.05
Change (%) (since
05/16/24
):
0.12
Market Price (MP):
Maximum data displayed is for the most recent 10 years
Historical NAV Lookup
Enter date for which you wish to obtain a Historical NAV for this fund
Historical NAV may not be available for all dates.
Historical MP Lookup
Enter date for which you wish to obtain a Historical MP for this fund
Historical MP may not be available for all dates.
Historical Exit Price Table
NAV at Close of Trading on
Net Asset Value (NAV)
No Data Available
Distributions
The Record Date is the date on which a fund declares a distribution. To receive the distribution, an investor must be a shareholder of record on that date.
The Payable Date is the date on which the distribution is paid to shareholders.
Dividend Rate per Share is the amount of dividend that a shareholder will receive for each share held. It can be calculated by taking the total amount of dividends paid and dividing it by the total shares outstanding.
Dividend Reinvestment at NAV is the automatic reinvestment of shareholder dividends in more shares at net asset value.
Ex-Dividend Date is the date on which a fund goes ex-dividend. The interval between the announcement and the payment of the next dividend. An investor must own the fund before the ex-dividend date to be eligible for the dividend payout.
Long-term Capital Gain
The gain on the sale of a capital asset where the holding period was more than 12 months and the profit was subject to the long-term capital gains tax.
(Source: Barron's Dictionary of Finance and Investment Terms)
Short-term Capital Gain
For tax purposes the profit realized from the sale of securities or other capital assets held for less than 12 months. Short-term gains are taxable at ordinary income rates to the extent they are not reduced by offsetting capital losses.
(Source: Barron's Dictionary of Finance and Investment Terms)
Updated Daily As of
05/18/24
Record Date
Ex-Date
Payable Date
Type of Earnings
Rate per Share (US$)
Reinvestment NAV (US$)
12/18/23
12/19/23
12/20/23
Short Term Capital Gain
0.08176
39.57
12/18/23
12/19/23
12/20/23
Long Term Capital Gain
0.46565
39.57
12/18/23
12/19/23
12/20/23
Dividend
0.47804
39.57
Past performance is no guarantee of future results. Please consult your tax advisor for further information.
Alpha is a measure of the portfolio's risk-adjusted performance. When compared to the portfolio's beta, a positive alpha indicates better-than-expected portfolio performance and a negative indicates alpha worse-than-expected portfolio performance.
Beta is a measure of the volatility of a portfolio relative to the overall market. A beta less than 1.0 indicates lower risk than the market; a beta greater than 1.0 indicates higher risk than the market. It is most reliable as a risk measure when the return fluctuations of the portfolio are highly correlated with the return fluctuations of the index chosen to represent the market.
Information ratio is a measure of consistency in excess return. It is calculated by taking the annualized excess return over a benchmark and dividing it by the annualized standard deviation of excess return.
R squared represents the percentage of the portfolio's movements that can be explained by the general movements of the market. Index portfolios will tend to have values very close to 100. R squared is not a measure of performance.
The Sharpe Ratio is a risk-adjusted measure calculated to determine reward per unit of risk. It uses a standard deviation and excess return. The higher the Sharpe Ratio, the better the portfolio's historical risk-adjusted performance.
Standard Deviation is an indicator of the portfolio's total return volatility, which is based on a minimum of 36 monthly returns. The larger the portfolio's standard deviation, the greater the portfolio's volatility.
Tracking error is the standard deviation of a portfolio's excess returns. Excess returns are a portfolio's return minus the benchmark's annualized return.
Treynor Ratio: Treynor Ratio is a risk adjusted measure of performance. It is the ratio of the annualized excess return of the portfolio over the risk free rate for a given period divided by the Beta of the portfolio versus its benchmark for the same period. It measures the amount of excess return over the risk free rate earned per unit of systematic risk (beta) assumed.
Upside and downside capture is a measure of how well a manager was able to replicate or improve on phases of positive benchmark returns, and how badly the manager was affected by phases of negative benchmark returns. Upside capture ratio for a portfolio is calculated by taking the portfolio's return during periods when the benchmark had a positive return and dividing it by the benchmark return during that same period. Downside capture ratio is calculated by taking the portfolio's return during the periods of negative benchmark performance and dividing it by the benchmark return for that period.
Updated Monthly As of
04/30/24
Benchmark
MSCI All Country World (ex-US) Growth Index (net div)
Performance Statistics Table
10 Yr.
5 Yr.
3 Yr.
Alpha
1.64
1.45
3.62
Beta
0.93
0.93
0.92
R-squared
94.42
94.48
94.07
Standard Deviation %
14.35
16.93
17.07
Sharpe Ratio
0.33
0.24
-0.11
Tracking Error
3.57
4.18
4.42
Information Ratio
0.38
0.28
0.86
Treynor Ratio
5.11
4.44
-2.01
Downside Capture %
90.02
91.99
88.44
Upside Capture %
97.61
97.37
103.04
Top 10 Holdings
As of
04/30/24
SAP SE
Hitachi Ltd
Taiwan Semiconductor Manufacturing Co Ltd ADR
Schneider Electric SE
Nestle SA
LVMH Moet Hennessy Louis Vuitton SE
Linde PLC
Roche Holding AG
Rolls-Royce Holdings PLC
Heineken NV
The portfolio is actively managed, and current holdings may be different.
Type Of Holdings (%)
No data currently available
Region & Country
Region & Country
No data currently available
Top Country Weightings (%)
No data currently available
Important Characteristics Information
The portfolio is actively managed, and current holdings may be different.
Portfolio characteristics are based on equivalent exposure, which measures how a portfolio's value would change due to price changes in an asset held either directly or, in the case of a derivative contract, indirectly. The market value of the holding may differ.
*Short positions, unlike long positions, lose value if the underlying asset gains value.
1Other. Other consists of: (i) currency derivatives and/or (ii) any derivative offsets.
Net Expense Ratio: The Net Expense Ratio reflects the reduction of expenses from contractual fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.
These reductions will continue until at least 09/30/24
1.09% Gross Expense Ratio
Gross Expense Ratio: The Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus.
5.75
%Maximum Sales Charge
Class A shares ("A") results include the maximum sales charge.
This website is a general communication and is provided for informational and/or educational purposes only. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, plan feature or other such purpose. Your use of this website indicates that you agree with the intended purpose. Prior to making any investment or financial decision, you should seek individualized advice from a personal financial, tax, and other professionals who are able to provide advice in the context of your particular financial situation.
This publication is authorized for distribution only when preceded or accompanied by a prospectus, or summary prospectus, for the portfolio being offered. Consider the fund's investment objectives, risks, charges and expenses. Contact MFS or view online. Read it carefully.
MFS registered investment products are offered through MFS® Fund Distributors, Inc., 111 Huntington Avenue, Boston, MA 02199.