MFS Growth Allocation Fund Class R1 (MAGMX)
| Fund Assets | 6.78B |
| Expense Ratio | 1.70% |
| Min. Investment | $0.00 |
| Turnover | 5.00% |
| Dividend (ttm) | 1.85 |
| Dividend Yield | 7.56% |
| Dividend Growth | 47.43% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 24.22 |
| YTD Return | 1.55% |
| 1-Year Return | 13.05% |
| 5-Year Return | 35.39% |
| 52-Week Low | 19.38 |
| 52-Week High | 24.51 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Apr 1, 2005 |
About MAGMX
MFS Growth Allocation Fund R1 is a multi-asset mutual fund designed to deliver a high level of total return with a greater than moderate risk profile relative to other MFS asset allocation strategies. Its primary function is to offer investors access to a strategically allocated, broadly diversified portfolio by consolidating underlying MFS funds into a single, managed investment. The fund uses disciplined portfolio management and multi-level risk controls, applying systematic, rules-based rebalancing to maintain targeted risk profiles and style consistency over time. By diversifying efficiently across and within asset classes—including equities, fixed income, and potentially other categories—the fund aims for consistent risk-return outcomes and adaptability to changing market conditions. MFS Growth Allocation Fund R1 is benchmarked against the S&P 500 Stock Index, highlighting its significant exposure to the broad U.S. equity market while also managing allocations to other asset types. The fund's notable features include active management, multi-asset diversification, and a structure suitable for eligible investors seeking potential growth through a balanced yet moderately aggressive approach.
Performance
MAGMX had a total return of 13.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.75%.
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 R6 | MGLRX | 3.99% |
| MFS High Income Fund Class R6 | MHIKX | 3.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $1.85277 | Dec 24, 2025 |
| Dec 26, 2024 | $1.25668 | Dec 27, 2024 |
| Dec 27, 2023 | $0.67669 | Dec 28, 2023 |
| Dec 28, 2022 | $0.80122 | Dec 29, 2022 |
| Dec 28, 2021 | $1.64654 | Dec 29, 2021 |
| Dec 29, 2020 | $0.69386 | Dec 30, 2020 |