Morningstar

MFS Total Return Fund Class R3 MSFHX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 20.47  /  −0.34 %
  • Total Assets 7.5B
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.32%
  • Turnover 41%

USD | NAV as of Sep 05, 2026 | 1-Day Return as of Sep 05, 2026, 12:11 AM GMT+0

Morningstar’s Analysis MSFHX

Will MSFHX outperform in the 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 MSFHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Experienced teams anchor this value-oriented balanced fund offering.

Analyst Zach Houston-Read

Zach Houston-Read

Analyst

Summary

MFS Total Return applies a disciplined but conventional structure to construct a core balanced strategy that diversifies through a largely static mix of roughly 60% equities and 40% fixed income. The strategy is implemented by an experienced management team with extensive supporting resources, but its distinctiveness rests mostly on the execution of its underlying sleeves rather than a differentiated asset allocation framework.

by Zach Houston-Read
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Portfolio Holdings MSFHX

More MSFHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

3.12 234M
Government

Charles Schwab Corp

2.79 209M
Financial Services

Microsoft Corp

2.59 194M
Technology

Bank of America Corp

1.99 149M
Financial Services

Medtronic PLC

1.85 138M
Healthcare

Pfizer Inc

1.79 134M
Healthcare

Becton Dickinson & Co

1.76 132M
Healthcare

Omnicom Group Inc

1.74 131M
Communication Services

Kenvue Inc

1.64 123M
Consumer Defensive

United States Treasury Bonds 5%

1.61 120M
Government

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