Financial Advisor / United States Investor / United States Other MFS Sites
home proxy voting careers contact us help

MFS® Cash Reserve Fund

       
   
   
   

Select another fund


 
Effective February 27, 2009, new purchases into this fund have been suspended. Please see the prospectus for more information on purchase restrictions.

 
Symbol: MSRXX   CUSIP:  552983306   Newspaper Abbreviation: MFSCashA   Fund number: 1  
Daily NAV:  $1.00  (as of 4/22/14)
    Characteristics Fund Profile Performance Portfolio Management Dividends and Capital Gains Price History Fund Reports/Prospectus Insightful Investing

Fund Profile

Objective:

Seeks a high level of current income consistent with preservation of capital and liquidity.

Important Risk Considerations

 

  • Classification: Money Market
  • Fiscal Year End:  AUGUST
  • Fund Commencement: 12/29/86  
  • Class Inception: 9/7/93  
  • CUSIP:  552983306  
  • Newspaper Abbreviation: MFSCashA  
  • Net Assets:  $373.94 million (as of 3/31/14)
  • Maximum Sales Charge:  1%

Portfolio Facts:

 
Portfolio characteristic data are based on unaudited net assets.

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

 
Portfolio Structure
(on 3/31/14)
Commercial Paper 49.12%
Government & Agency 25.57%
Certificate of Deposit 19.98%
Variable Rate Demand Notes 4.36%
Repurchase Agreements 1.01%
Cash & Other1 -0.04%
Top 10 Holdings
(on 3/31/14)  
What's this?
Full & Historical Holdings
Monthly Fund Holdings
Us Treasury 0.075 May 01 14
National Bank Of Canada (Usd) 0.19 Apr 22 14
Emerson Elec Co 0.110 Apr 03 14
Mizuho Corp Bank/Ny 0.20 Apr 17 14
Bank Of Montreal 0.16 Apr 10 14
Federal Home Loan Bank 0.055 May 02 14
Us Treasury 0.05 Apr 17 14
Bb&T Corp 0.11 Jun 20 14
General Electric Capital Corp 0.12 May 20 14
Us Treasury 0.07 Aug 28 14

40.36% of total net assets
Total number of holdings: 54
 
Credit Quality
(% of Total Net Assets on 3/31/14)
What's this?
A-1+ 25.70%
A-1 73.33%
A2 1.01%
Not Rated 0.00%
Cash & Other -0.04%
 

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.

 

1 Cash and other assets are less liabilities.

 
 
Important Risk Considerations

 
Although the fund seeks to maintain a stable $1.00 NAV, it may not achieve its objective, and you could lose money on your investment in the fund. A major increase in interest rates or a decline in the credit quality of an issuer or entity providing credit support, an inactive trading market for money market instruments, or adverse market, economic, political, regulatory, geopolitical, or other conditions could cause the fund's share price to decrease to below $1.00.

 
Events that affect the banking or related industries may have a significant adverse effect on the fund.

 
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.

 
The fund's performance could be more volatile than the performance of more diversified funds.

 
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.