About MAGQX
MFS Growth Allocation Fund Class R6 is a diversified asset allocation mutual fund focused on achieving a high level of total return while maintaining a greater than moderate level of risk among the suite of MFS Asset Allocation Funds. The fund employs a strategic, risk-based approach by investing across a broad selection of underlying MFS mutual funds, diversifying both within and across asset classes such as equities, fixed income, real estate, and commodities. Its disciplined, systematically managed portfolio undergoes continuous multi-level risk management and rules-based rebalancing to ensure consistent adherence to its targeted risk profile and investment style.
The fund’s holdings prominently feature allocations to major equity sectors, including information technology, financials, industrials, and health care, with additional exposure to real estate, international equities, emerging markets, and inflation-protected bonds. Its broad market exposure is designed for investors seeking active management and broad diversification in a single investment vehicle. The fund’s performance is typically benchmarked against the Standard & Poor's 500 Stock Index, reflecting its core equity orientation within a multi-asset context. Class R6 shares are intended for eligible investors and are available without sales charges, further enhancing accessibility for institutional platforms and retirement plans.
Fund Family MFS
Category Mix Tgt All Gro
Stock Exchange NASDAQ
Ticker Symbol MAGQX
Share Class R6
Index S&P 500 TR
MAGQX had a total return of 11.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.88%.
