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MFS® Utilities Fund

       
   
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Fact Sheet

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Symbol: MMUFX   CUSIP:  552986309   Newspaper Abbreviation: UtilA   Fund number: 35  
Daily NAV:  $22.11  (as of 4/15/14)
    Characteristics Fund Profile Performance Portfolio Management Dividends and Capital Gains Price History Fund Reports/Prospectus Sales Tools

Performance

Start of Investment Operations: February 14, 1992
Class Inception: February 14, 1992
Maximum Sales Charge:  5.75%


Average Annual Total Returns, not including sales charges (%)
These results represent the percent change in net asset value.

  Updated Daily as of 4/15/14, subject to revision. (not annualized) Updated Monthly as of 3/31/14
  YTD 1Yr 3Yr 5Yr 10Yr Life
  6.64 16.20 12.97 20.51 13.46 12.13
Standard & Poor's 500 Utilities Index n/a 10.28 13.79 14.90 9.73 n/a


Average Annual Total Returns, including sales charges (%)
These results represent the percent change in net asset value.

Updated Daily
as of 4/15/14,
subject to revision.
(not annualized)
Updated Monthly as of 3/31/14
YTD 1Yr 3Yr 5Yr 10Yr Life
0.51 9.52 10.76 19.09 12.79 11.83


Average Annual Total Returns , not including sales charges (%) Updated Quarterly through 3/31/14
These results represent the percent change in net asset value.

  YTD 1Yr 3Yr 5Yr 10Yr Life
  6.30 16.20 12.97 20.51 13.46 12.13
Standard & Poor's 500 Utilities Index 10.09 10.28 13.79 14.90 9.73 n/a



Average Annual Total Returns, including sales charges (%), Updated Quarterly through 3/31/14
These results represent the percent change in net asset value.

YTD 1Yr 3Yr 5Yr 10Yr Life
0.19 9.52 10.76 19.09 12.79 11.83


Morningstar RatingTM: As of 3/31/14

Morningstar Category: Utilities
    Overall
Morningstar
RatingTM
3 yr
Morningstar
RatingTM
5 yr
Morningstar
RatingTM
10 yr
Morningstar
RatingTM
Load  
Load Waived  
Number of funds in Utilities: 66 66 62 46

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Within each asset class, the top 10%, the next 22.5%, 35%, 22.5%, and the bottom 10% receive 5, 4, 3, 2, or 1 star, respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Each fund is rated exclusively against U.S. domiciled funds. The Overall Morningstar Rating™ is based on the weighted average of the number of stars assigned to the fund's applicable time periods. In cases where the fund has changed investment categories, its historical information is given less weight. If the fund has been in existence at least 10 years, the 10-year rating accounts for 50%, the 5-year for 30%, and the 3-year for 20%. If the fund has been in existence at least 5 years, but less than 10 years, the 5-year rating accounts for 60% and the 3-year for 40%. If the fund has been in existence for 3 years, but less than 5 years, the 3-year rating accounts for 100%. Morningstar rankings may vary among share classes and are based on historical total returns, which are not indicative of future results.

Load-waived (LW) Class A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Therefore, Morningstar strongly encourages investors to contact their investment professional to determine whether they are eligible to purchase the A share without paying the front load.

MorningStar.

©2014 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Important Performance Information

Overall Morningstar RatingTM
Load Load Waived

View Overall Morningstar Ratings Information
Morningstar Overall Rating As of 3/31/14 , class A Shares. Morningstar ratings are based on risk adjusted performance.


Annual Rates of Return at NAV (%)
  Year Rate of Return Standard & Poor's 500 Utilities Index
  2013   20.16   13.21    
  2012   13.33   1.29    
  2011   6.58   19.91    
  2010   13.57   5.46    
  2009   32.87   11.91    
  2008   -37.54   -28.98    
  2007   27.58   19.38    
  2006   31.55   20.99    
  2005   16.81   16.84    
  2004   29.88   24.28    

Expense Ratios (%)
Gross Net
1.01 1.01
Gross Expense Ratio is the fund's total operating expense ratio from the fund's most recent prospectus. Net Expense Ratio reflects the reduction of expenses from fee waivers and reimbursements. Elimination of these reductions will result in higher expenses and lower performance.

 
Important Performance Information

 
 
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.

 
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.

 
Important Risk Considerations

 
The fund may not achieve its objective and/or you could lose money on your investment in the fund.

 
Stock markets and investments in individual stocks are volatile and can decline significantly in response to issuer, market, economic, political, regulatory, geopolitical, and other conditions.

 
Investments in foreign markets can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical, or other conditions.

 
Emerging markets can have less market structure, depth, and regulatory, custodial or operational oversight and greater political, social, and economic instability than developed markets.

 
Investments in the utilities sector can be very volatile because of supply and/or demand for services or fuel, financing costs, conservation efforts, the negative impact of regulation, and other factors.

 
Please see the prospectus for further information on these and other risk considerations.

 
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.