MFS Growth Allocation R1 (MAGMX)

Fund Assets	6.78B
Expense Ratio	1.69%
Min. Investment	$0.00
Turnover	5.00%
Dividend (ttm)	1.85
Dividend Yield	7.12%
Dividend Growth	47.43%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	26.03
YTD Return	9.30%
1-Year Return	11.87%
5-Year Return	30.11%
52-Week Low	23.06
52-Week High	26.29
Beta (5Y)	0.78
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.

• Fund Family: MFS
• Category: Mix Tgt All Gro
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MAGMX
• Share Class: R1
• Index: S&P 500 TR

Performance

MAGMX had a total return of 11.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.87%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FIQWX	Fidelity	Fidelity Advisor Strategic Div & Inc Z	0.55%
FBKFX	Fidelity	Fidelity Balanced K6 Fund	0.32%
FASDX	Fidelity	Fidelity Advisor Strategic Div & Inc A	0.92%
FTSDX	Fidelity	Fidelity Advisor Strategic Div & Inc M	1.17%
FASGX	Fidelity	Fidelity Asset Manager 70%	0.63%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MAGQX	R6	0.61%
MGWIX	I	0.69%
MAGJX	R4	0.69%
MAGWX	A	0.94%

Top 10 Holdings

71.00% of assets

Name	Symbol	Weight
MFS Value R6	MEIKX	10.07%
MFS Research R6	MFRKX	9.33%
MFS Growth R6	MFEKX	9.27%
MFS Mid Cap Value R6	MVCKX	9.27%
MFS Mid Cap Growth R6	OTCKX	9.23%
MFS Research International R6	MRSKX	7.26%
MFS Inflation-Adjusted Bond R6	MIAKX	4.90%
MFS Global Real Estate R6	MGLRX	4.05%
MFS High Income R6	MHIKX	3.96%
MFS Commodity Strategy R6	MCSRX	3.66%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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