MFS Conservative Allocation R2 (MCARX)

Fund Assets	3.71B
Expense Ratio	1.067%
Min. Investment	$0.00
Turnover	5.00%
Dividend (ttm)	0.52
Dividend Yield	3.20%
Dividend Growth	12.55%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 24, 2026

Previous Close	16.28
YTD Return	1.86%
1-Year Return	2.96%
5-Year Return	14.48%
52-Week Low	15.73
52-Week High	16.93
Beta (5Y)	0.44
Holdings	22
Inception Date	Oct 31, 2003

About MCARX

MFS Conservative Allocation Fund Class R2 is a mutual fund designed to provide investors with a high level of total return while maintaining a conservative risk profile relative to other asset allocation funds. The fund achieves this through a strategically allocated, broadly diversified portfolio composed of underlying MFS funds, spanning multiple asset classes such as equities, bonds, and cash equivalents. Its disciplined, multi-level risk management approach and systematic rebalancing help preserve capital and maintain consistent risk-return characteristics over time. The fund is particularly suited for investors seeking moderate exposure to equities—typically between 30% and 50%—with a significant portion of assets also invested in fixed income and inflation-protected securities. MFS Conservative Allocation Fund Class R2 is widely recognized for its focus on capital preservation and its role as a core holding in diversified investment portfolios, appealing to those with a lower tolerance for volatility.

• Fund Family: MFS
• Category: Mix Tgt Alloc Con
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MCARX
• Share Class: R2
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MCARX had a total return of 2.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.19%.

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	0.52%
FTTNX	Fidelity	Fidelity Advisor Asset Manager 30% M	1.00%
FCANX	Fidelity	Fidelity Advisor Asset Manager 30% C	1.57%
FTAWX	Fidelity	Fidelity Advisor Asset Manager 20% A	0.74%
FIKWX	Fidelity	Fidelity Advisor Asset Manager 30% Z	0.46%

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

76.86% of assets

Name	Symbol	Weight
MFS Total Return Bond R6	MRBKX	15.06%
MFS Limited Maturity R6	MQLKX	10.07%
MFS Inflation-Adjusted Bond R6	MIAKX	10.04%
MFS Government Securities R6	MFGKX	10.03%
MFS Global Opportunistic Bd R6	MGBOX	7.02%
MFS Value R6	MEIKX	6.01%
MFS Research R6	MFRKX	5.30%
MFS Growth R6	MFEKX	5.29%
MFS High Income R6	MHIKX	4.04%
MFS Mid Cap Value R6	MVCKX	4.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.11383	Sep 25, 2026
Jun 25, 2026	$0.07665	Jun 26, 2026
Mar 26, 2026	$0.06052	Mar 27, 2026
Dec 23, 2025	$0.78262	Dec 24, 2025
Sep 25, 2025	$0.10029	Sep 26, 2025
Jun 26, 2025	$0.08196	Jun 27, 2025

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:

Oct 15, 2026

Data Sources Report a data error