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Morningstar

MFS Commodity Strategy R1 MCSNX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 3.63  /  0.00
  • Total Assets 884.8 Mil
  • Adj. Expense Ratio
    1.890%
  • Expense Ratio 1.890%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Small
  • Category Commodities Broad Basket
  • Investment Style —
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.17%
  • Turnover 66%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis MCSNX

Will MCSNX 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 MCSNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MCSNX 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 MCSNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin MFS Commodity Strategy R1's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MCSNX

More MCSNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −40.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

100.72 893.2 Mil
—

Currency Cash CASH_USD

11.01 97.7 Mil
Cash and Equivalents

Currency Cash CASH_USD

9.68 85.9 Mil
Cash and Equivalents

United States Treasury Notes 4.63%

8.74 77.5 Mil
Government

United States Treasury Notes 4.5%

6.56 58.2 Mil
Government

2 Year Treasury Note Future June 24

4.96 44.0 Mil
Government

United States Treasury Notes 4.13%

4.54 40.3 Mil
Government

MLCILPRT TR Swap FEB 28 24

3.68 32.6 Mil
—

United States Treasury Notes 2.5%

2.87 25.4 Mil
Cash and Equivalents

United States Treasury Notes 2.5%

2.58 22.8 Mil
Government