The MFS Allocation target-risk series, composed of MFS Aggressive Growth Allocation, MFS Growth Allocation, MFS Moderate Allocation, and MFS Conservative Allocation, boasts stability and quality that few series can match. Our increased conviction in its process results in an upgrade to its Morningstar Analyst Rating to Silver from Bronze for the two cheapest share classes of the Aggressive Growth, Growth, and Moderate Allocation funds. The Conservative fund and the rest of the other three funds’ share classes vary from Bronze to Neutral.
MFS Growth Allocation R3 MAGEX
NAV / 1-Day Return
24.06
/
1.13
%
Total Assets
6.1 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.
0.980%
Expense Ratio
0.980%
Fee Level
Low
Longest Manager Tenure
18.69
years
Category
Allocation--70% to 85% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
0.93%
Turnover
4%
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.
Steady as she goes.
