The MFS Allocation target-risk series--MFS Aggressive Growth Allocation, MFS Growth Allocation, MFS Moderate Allocation, and MFS Conservative Allocation--features a durable process and enticing underlying funds, supporting a Morningstar Analyst Rating of Silver for the Aggressive Growth Allocation's two cheapest share classes. Amid increasing competition within their respective categories, the most affordable shares of the Growth and Moderate funds fall to Bronze, while the remaining shares across the series get reaffirmed ratings of Bronze or Neutral.
MFS Growth Allocation R3 MAGEX
NAV / 1-Day Return
24.23
/
1.02
%
Total Assets
6.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.960%
Expense Ratio
0.960%
Fee Level
Low
Longest Manager Tenure
19.57
years
Category
Allocation--70% to 85% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
3.09%
Turnover
7%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MAGEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MAGEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MAGEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MAGEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Smooth sailing.
