MFS Value Fund (MEIAX)

MFS Value Fund (MEIAX) is a popular stock mutual fund. Its fund objective is to provide capital growth. It invests mainly in common stocks, preferred stocks, securities convertible into stocks, equity interests in real estate investment trusts (REITs), and depositary receipts for such securities.

This mutual fund focuses on the undervalued stocks. It invests in companies with low price-to-earnings ratios or high dividend yields.

MEIAX Fund Profile

    MFS Value Fund (MEIAX)
  • Fund Inception Date: 11/02/1992
  • Ticker Symbol: MEIAX
  • CUSIP: 552983801
  • Beta (3yr): 1.07
  • Rank in category (YTD): 87%
  • Category: Large Value
  • Distribution Yield: 2.00%
  • Capital Gains: -
  • Expense Ratio: 0.92%
  • Net Assets: $ 33.9 billion
  • Number of Years Up: 13 years
  • Number of Years Down: 4 years
  • Annual Turnover Rate: 12%
This MFS fund is managed by Steven R. Gorham and Nevin P. Chitkara. Its expense fee is 0.92% per year. The current dividend yield is 2.00%.
This class A shares has a sales load of 5.75%. The total assets are $33.9 billion.

MFS Value Fund Returns

In 2014, this popular MFS fund has year-to-date return of 4.30%. This large value mutual fund has returned 15.51% over the past 1 year, 23.48% over the past 3 year, and 14.39% over the past 5 year. Morningstar has ranked this stock fund with 3 stars and silver rating.

More: MFS Bond Fund

Other classes of this fund:
  • MFS Value A Load Waived (MEIAX.LW)
  • MFS Value B (MFEBX)
  • MFS Value C (MEICX)
  • MFS Value I (MEIIX)
  • MFS Value R1 (MEIGX)
  • MFS Value R2 (MVRRX)
  • MFS Value R3 (MEIHX)
  • MFS Value R4 (MEIJX)
  • MFS Value R5 (MEIKX)

MEIAX Fund Holdings

Top 5 stocks in its portfolio are JPMorgan Chase & Co (JPM), Johnson & Johnson (JNJ), Philip Morris International Inc (PM), Wells Fargo & Co (WFC), and Pfizer Inc (PFE). Top 3 sectors are financial services, industrials, and healthcare.

  • MFS Value Fund has performed about average.
  • It is highly recommended by Morningstar.
  • It has a high expense fee.
  • Class A also has a high sales load.


Post a Comment