Morningstar

MFS Total Return Fund Class R2 MTRRX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 19.53  /  −0.15 %
  • Total Assets 7.1B
  • Adj. Expense Ratio
    0.970%
  • Expense Ratio 0.970%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Moderate Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Limited
  • TTM Yield 2.17%
  • Turnover 41%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 1:34 AM GMT+0

Morningstar’s Analysis MTRRX

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

  • People Pillar

    The People Pillar is our evaluation of the MTRRX 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 MTRRX’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
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MTRRX

More MTRRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Charles Schwab Corp

2.87 215M
Financial Services

Microsoft Corp

2.78 209M
Technology

2 Year Treasury Note Future Dec 26

2.77 208M
Government

Pfizer Inc

2.00 150M
Healthcare

Becton Dickinson & Co

1.97 147M
Healthcare

Bank of America Corp

1.96 147M
Financial Services

Medtronic PLC

1.93 145M
Healthcare

Omnicom Group Inc

1.91 143M
Communication Services

United States Treasury Bonds 5%

1.87 141M
Government

ConocoPhillips

1.84 138M
Energy

Sponsor Center