MFS Growth Allocation Fund Class R3 (MAGEX)
| Fund Assets | 6.78B |
| Expense Ratio | 0.95% |
| Min. Investment | $0.00 |
| Turnover | 5.00% |
| Dividend (ttm) | 2.03 |
| Dividend Yield | 7.93% |
| Dividend Growth | 39.74% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 25.62 |
| YTD Return | 2.61% |
| 1-Year Return | 14.99% |
| 5-Year Return | 41.94% |
| 52-Week Low | 20.15 |
| 52-Week High | 25.62 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2005 |
About MAGEX
MFS Growth Allocation Fund Class R3 is a diversified mutual fund designed to pursue a high level of total return, targeting investors comfortable with greater-than-moderate risk within asset allocation strategies. Its primary function is to offer exposure to a broad array of underlying MFS funds through a single investment, efficiently diversifying across multiple asset classes. This structure leverages disciplined portfolio management that employs multi-level risk controls and systematic, rules-based rebalancing to maintain consistent style and risk profiles over time. The fund is actively managed, with allocations continually adjusted to respond to market dynamics and preserve its intended risk-return balance. Benchmarking itself against the Standard & Poor's 500 Stock Index, the fund aims to capture both equity market growth and strategic asset allocation advantages. With substantial assets under management—over $6.6 billion as of mid-2025—the MFS Growth Allocation Fund Class R3 is positioned as an integral tool for investors and retirement plans seeking professionally managed growth potential and diversification within their portfolios.
Performance
MAGEX had a total return of 14.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
70.56% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Value Fund Class R6 | MEIKX | 10.10% |
| MFS Research Fund Class R6 | MFRKX | 9.31% |
| MFS Growth Fund Class R6 | MFEKX | 9.17% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 9.07% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 8.70% |
| MFS Research International Fund Class R6 | MRSKX | 7.20% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 4.97% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 4.06% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 3.99% |
| MFS High Income Fund Class R6 | MHIKX | 3.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $2.03156 | Dec 24, 2025 |
| Dec 26, 2024 | $1.45381 | Dec 27, 2024 |
| Dec 27, 2023 | $0.83733 | Dec 28, 2023 |
| Dec 28, 2022 | $0.95711 | Dec 29, 2022 |
| Dec 28, 2021 | $1.849 | Dec 29, 2021 |
| Dec 29, 2020 | $0.86578 | Dec 30, 2020 |