MFS Commodity Strategy Fund Class A (MCSAX)

Fund Assets	968.71M
Expense Ratio	1.097%
Min. Investment	$1,000
Turnover	35.00%
Dividend (ttm)	0.57
Dividend Yield	12.09%
Dividend Growth	430.73%
Payout Frequency	Annual
Ex-Dividend Date	Dec 9, 2025

Previous Close	4.740
YTD Return	31.11%
1-Year Return	36.57%
5-Year Return	41.96%
52-Week Low	3.520
52-Week High	4.740
Beta (5Y)	0.63
Holdings	403
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.

• Fund Family: MFS
• Category: Commodities Broad Basket
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MCSAX
• Share Class: A
• Index: Bloomberg Commodity TR

Performance

MCSAX had a total return of 36.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.81%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FCSSX	Fidelity	Fidelity Series Commodity Strategy Fund	n/a
FIFGX	Fidelity	Fidelity SAI Inflation-Focused Fund	0.28%
FYHTX	Fidelity	Fidelity Commodity Strategy Fund	0.62%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MCSRX	R6	0.81%
MCSIX	I	0.90%
MCSTX	R4	0.90%
MCSQX	R3	1.15%

Top 10 Holdings

113.74% of assets

Name	Symbol	Weight
BCOM F0 Pre-Roll Total Return Swaps	n/a	27.06%
Mlcilprt Total Return Etrs Total Return Swaps Equity	n/a	16.77%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.25%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.25%
Currency Cash CASH_USD	n/a	15.61%
Currency Cash CASH_USD	n/a	6.90%
United States Treasury Notes 4.88%	T.4.875 10.31.28	4.25%
United States Treasury Notes 3.88%	T.3.875 07.31.27	4.06%
United States Treasury Notes 3.88%	T.3.875 03.15.28	3.43%
United States Treasury Notes 4.63%	T.4.625 04.30.29	3.17%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 9, 2025	$0.57069	Dec 10, 2025
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

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 20, 2026

Data Sources Report a data error