About DVRCX
MFS Global Alternative Strategy Fund Class C is a mutual fund designed to seek total return on a long-term basis. It aims to achieve returns that meet or exceed 2-4% over the ICE BofA 0-3 Month U.S. Treasury Bill Index, net of fund expenses, across a full market cycle, with reduced dependence on favorable equity or bond market conditions. The fund employs a flexible, multi-asset strategy that separates active security selection from tactical allocations in global equity, fixed income, and currency markets, utilizing derivatives such as futures on government bonds, currency forwards, and index futures to adjust exposures. This approach targets lower correlation to traditional stock and bond markets, incorporating long and short positions across regions including U.S. large cap, Europe ex-U.K., emerging markets, Japan, and cash equivalents. Categorized in the Macro Trading segment with a large blend investment style, it provides investors access to alternative investment techniques focused on consistent returns through dynamic risk management and global market opportunities. Founded in 2007 and managed by MFS Investment Management, the fund serves as a diversified tool in multi-asset portfolios seeking stability amid varying market environments.
Fund Family MFS
Category Macro Trading
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol DVRCX
Share Class C
Index Bloomberg U.S. Treasury 1-3 Y TR
DVRCX had a total return of 4.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.69%.
