MFS Commodity Strategy Fund (MCSAX)
| Fund Assets | 926.83M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 2.53% |
| Dividend Growth | 64.52% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 3.940 |
| YTD Return | 13.60% |
| 1-Year Return | 12.29% |
| 5-Year Return | 50.98% |
| 52-Week Low | 3.450 |
| 52-Week High | 4.040 |
| Beta (5Y) | n/a |
| Holdings | 408 |
| Inception Date | Jun 2, 2010 |
About MCSAX
MFS Commodity Strategy Fund Class A is an open-end mutual fund that provides broad exposure to global commodity markets. Its primary function is to seek total return by investing primarily in commodity-linked derivatives and debt securities, enabling the fund to mirror the performance of physical commodities without holding the assets directly. This approach allows investors to participate in the price movements of a wide array of commodities, including energy products, precious and industrial metals, agricultural goods, and livestock. The fund’s allocation is managed using proprietary quantitative models, aiming to diversify risk across different sectors and market cycles. Within the financial market, the MFS Commodity Strategy Fund Class A plays a pivotal role as a diversification tool within a portfolio, providing investors access to an asset class with return characteristics typically uncorrelated to stocks and bonds. Its benchmark, the Bloomberg Commodity Index, underscores its broad-basket approach, spreading investment across numerous commodity future contracts. Launched in 2010, the fund is actively managed and suitable for those seeking exposure to commodity price trends and the potential inflation-hedging benefits that commodities can offer.
Performance
MCSAX had a total return of 12.29% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
71.91% of assets| Name | Symbol | Weight |
|---|---|---|
| MLCILPRT Total Return Swap | n/a | 13.93% |
| BCOM F0 Pre-Roll Total Return SWAP | n/a | 13.15% |
| Currency Cash CASH_USD | n/a | 7.21% |
| United States Treasury Notes 4.5% | T.4.5 07.15.26 | 6.36% |
| Currency Cash CASH_USD | n/a | 6.28% |
| BBG Commodity TR Swap | n/a | 5.52% |
| BBG Commodity F3 Total Return Swap | n/a | 5.12% |
| BBG Commodity F3 Total Return Swap | n/a | 4.88% |
| BBG Commodity F3 Total Return Swap | n/a | 4.88% |
| BBG Commodity F6 TR Total Return Swap | n/a | 4.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.10753 | Dec 11, 2024 |
| Dec 19, 2023 | $0.06536 | Dec 20, 2023 |
| Dec 8, 2022 | $1.03057 | Dec 9, 2022 |
| Dec 9, 2021 | $2.39322 | Dec 10, 2021 |
| Dec 10, 2020 | $0.03815 | Dec 11, 2020 |
| Dec 12, 2019 | $0.09098 | Dec 12, 2019 |