MFS® Value Series

Fund Overview

Objective

Seeks capital appreciation.

Key Differentiators

  • Traditional value fund investing large cap, high-quality companies
  • Seeks undervalued, high-quality companies with characteristics such as low price-to-earnings ratios or high dividend yields
  • Our valuation approach is flexible, but we place a strong emphasis on cash flow and returns-based methodologies.

Managers

Fund Information

$20.80 DAILY NAV AS OF 7/1/15
55273F654 CUSIP
$2.4 B NET ASSETS AS OF 5/31/15
Net Asset Value (NAV)
As of 7/1/15
$20.80
NAV Change
$ 0.21  | 1.02%
Class Inception
1/2/02
Start of Investment Operations
1/2/02
Net Assets ($M)
As of 5/31/15
$2,497.78
Gross Expense ratio
0.73 %
Net Expense ratio
0.73 %

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.

Top 10 Holdings Details

As of 5/31/15

JPMorgan Chase & Co
Johnson & Johnson
Wells Fargo & Co
Philip Morris International Inc
Pfizer Inc
Accenture PLC
Honeywell International Inc
United Technologies Corp
Goldman Sachs Group Inc
3M Co

27.93% of total net assets

Total number of holdings: 94

Full and Historical Holdings

The portfolio is actively managed, and current holdings may be different.

Average Annual Total Returns % Details

These results represent the percent change in net asset value.

As of 6/30/15 (YTD Updated Daily, as of 7/1/15) As of 6/30/15
 

*YTD Updated Daily as of 7/1/15, 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 units, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value fluctuate so your units, when sold, may be worth more or less than the original cost; current performance may be lower or higher than quoted.

Important Performance Information

Performance results reflect any applicable expense subsidies and waivers in effect during the periods shown. Without such subsidies and waivers the series' performance results would be less favorable. All results assume the reinvestment of dividends and capital gains. The performance is as of the date shown; it may not include the series' entire investment portfolio and is subject to change.

Initial Class shares have no sales charge.

The returns for the series shown do not reflect the deduction of expenses associated with variable products, such as mortality and expense risk charges, separate account charges, and sales charges imposed by insurance company separate accounts. Such expenses would reduce the overall returns shown. Please refer to the variable product's annual report for performance that reflects the deduction of the fees and charges imposed by insurance company separate accounts.

Withdrawals of earnings or other taxable amounts are subject to income tax and, if made prior to age 59 1/2, may be subject to an additional 10% federal tax penalty. Early withdrawals reduce the death benefit.

No representation is made, and no assurance can be given, that any investment's results will be comparable to the investment results of any other product with similar investment objectives and policies, including products with the same investment professional or manager. Differences in portfolio size, investments held, contract and portfolio expenses, and other factors can be expected to affect performance.

Important Risk Considerations

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

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

  • Investments in value companies can continue to be undervalued for long periods of time, not realize their expected value, and be more volatile than the stock market in general.

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

Product Insights

Before purchasing any variable product, consider the objectives, risks, charges, and expenses associated with the underlying investment option(s) and those of the product itself. For a prospectus, or summary prospectus if available, containing this and other information, contact your investment or insurance professional. Read the prospectus carefully before investing.