MFS® Absolute Return Fund

Top 10 Holdings

As of 6/30/15

UST Bond 10Yr Future SEP 21 15
Aud Bond 10Yr Future SEP 15 15
MSCI Taiwan Index Future JUL 30 15
Hang Seng Index Future JUL 30 15
Aust SPI 200 Future SEP 17 15*
S&P TSX 60 Index Future SEP 17 15*
S&P 500 E-Mini Future SEP 18 15*
Canadian Bond 10Yr Future SEP 21 15*
Euro Bund 10Yr Future SEP 08 15*
JGB 10Yr Future SEP 10 15*

26.39% long and 42.55% short (*) positions of total net assets

Total number of holdings: 438

Full and Historical Holdings

Currency Weights %

As of 6/30/15

United States Dollar
99.88
Norwegian Krone
6.02
Australian Dollar
4.07
Canadian Dollar
2.51
Japanese Yen
2.28
Brazilian Real
0.00
South Korean Won*
-0.00
South African Rand*
-0.00
Singapore Dollar*
-0.01
Mexican Peso*
-0.01
Hong Kong Dollar*
-0.21
New Zealand Dollar*
-0.43
Swedish Krona*
-2.39
British Pound Sterling*
-2.45
Euro*
-4.09
Swiss Franc*
-5.17

Fund Positions %

As of 6/30/15

 
Actively Managed
Overlay Impact1
Net Exposure
 Fixed Income
 
Total
87.31
U.S.
57.46
13.08
70.54
Europe ex-U.K.
20.01
-9.11
10.91
Asia/Pacific ex-Japan
4.36
6.20
10.56
United Kingdom
4.88
0.86
5.74
Emerging Markets
2.47
0.00
2.47
Supranational
1.15
0.00
1.15
North America ex-U.S.
3.10
-7.09
-3.99
Japan
2.50
-12.56
-10.07
 Equity
 
Total
4.76
Europe ex-U.K.
0.00
10.63
10.63
Emerging Markets
0.00
5.30
5.30
Japan
0.00
0.82
0.82
Asia/Pacific ex-Japan
0.00
-0.14
-0.14
United Kingdom
0.00
-0.19
-0.19
U.S. Small/Mid Cap
0.00
-2.68
-2.68
U.S. Large Cap
0.00
-4.47
-4.47
North America ex-U.S.
0.00
-4.50
-4.50
 Real Estate Related
 
Total
1.18
U.S.
1.18
0.00
1.18
 Cash
 
Total
6.75
Cash & Equivalents
0.92
-0.36
0.56
Derivative Cash Equivalents 2
2.38
3.81
6.20
Total Net Exposure Summary
100.40
-0.40
100.00

1Represents the Fund's exposure to various markets using derivative instruments.

2Represents the offsetting component of the Fund's derivative transactions

Important Characteristics Information

Portfolio characteristic data are based on unaudited net assets.

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.

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.