MFS Conservative Allocation Fund Class A (MACFX)

Fund Assets	3.71B
Expense Ratio	0.83%
Min. Investment	$1,000
Turnover	5.00%
Dividend (ttm)	0.56
Dividend Yield	3.32%
Dividend Growth	11.45%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 24, 2026

Previous Close	16.85
YTD Return	1.78%
1-Year Return	3.20%
5-Year Return	15.82%
52-Week Low	16.37
52-Week High	17.59
Beta (5Y)	0.44
Holdings	22
Inception Date	Jun 28, 2002

About MACFX

MFS Conservative Allocation Fund Class A is a mutual fund designed to achieve a high level of total return while maintaining a conservative risk profile compared to other asset allocation funds. Its core strategy involves allocating assets broadly across a diversified mix of underlying MFS mutual funds, providing exposure to both equities and fixed income securities. The fund employs a disciplined, strategic, and multi-level risk management approach, featuring systematic rebalancing to maintain its target risk and return characteristics over time. The portfolio typically includes a blend of domestic and international equities—covering large, mid, and small capitalization companies with both growth and value styles—as well as a range of bond investments such as government securities, inflation-adjusted bonds, and opportunistic bonds. This broad diversification aims to mitigate volatility and manage downside risk, making the fund suitable for investors who prioritize capital preservation and steady income over aggressive capital appreciation. MFS Conservative Allocation Fund Class A benchmarks its performance against the Bloomberg U.S. Aggregate Bond Index, underscoring its emphasis on fixed income stability. First launched in 2002, the fund has established a significant presence in the market, managing assets in the billions and maintaining a moderate expense structure within its category.

• Fund Family: MFS
• Category: Mix Tgt Alloc Con
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MACFX
• Share Class: A
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MACFX had a total return of 3.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.55%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTIWX	Fidelity	Fidelity Advisor Asset Manager 20% I	0.51%
FTTNX	Fidelity	Fidelity Advisor Asset Manager 30% M	1.02%
FCANX	Fidelity	Fidelity Advisor Asset Manager 30% C	1.52%
FTAWX	Fidelity	Fidelity Advisor Asset Manager 20% A	0.76%
FIKWX	Fidelity	Fidelity Advisor Asset Manager 30% Z	0.47%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MACQX	R6	0.52%
MACJX	R4	0.58%
MACIX	I	0.58%
MACNX	R3	0.83%

Top 10 Holdings

76.69% of assets

Name	Symbol	Weight
MFS Total Return Bond R6	MRBKX	14.99%
MFS Limited Maturity R6	MQLKX	10.05%
MFS Inflation-Adjusted Bond R6	MIAKX	10.03%
MFS Government Securities R6	MFGKX	9.98%
MFS Global Opportunistic Bd R6	MGBOX	7.00%
MFS Value R6	MEIKX	6.12%
MFS Research R6	MFRKX	5.29%
MFS Growth R6	MFEKX	5.16%
MFS Mid Cap Value R6	MVCKX	4.07%
MFS High Income R6	MHIKX	4.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.12367	Sep 25, 2026
Jun 25, 2026	$0.08647	Jun 26, 2026
Mar 26, 2026	$0.06903	Mar 27, 2026
Dec 23, 2025	$0.79435	Dec 24, 2025
Sep 25, 2025	$0.11036	Sep 26, 2025
Jun 26, 2025	$0.09188	Jun 27, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 29, 2026

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