MFS Commodity Strategy R2 (MCSOX)

Fund Assets	937.49M
Expense Ratio	1.40%
Min. Investment	$0.00
Turnover	35.00%
Dividend (ttm)	0.56
Dividend Yield	12.42%
Dividend Growth	466.71%
Payout Frequency	Annual
Ex-Dividend Date	Dec 9, 2025

Previous Close	4.470
YTD Return	24.51%
1-Year Return	36.16%
5-Year Return	46.94%
52-Week Low	3.510
52-Week High	4.610
Beta (5Y)	n/a
Holdings	391
Inception Date	Aug 15, 2018

About MCSOX

MFS Commodity Strategy Fund Class R2 is a mutual fund designed to provide broad exposure to global commodities markets. Its primary objective is to seek total return by investing in a mix of commodity-linked instruments and debt securities, including U.S. Treasuries, investment-grade corporates, collateralized loan obligations, and other fixed-income assets. The fund employs proprietary quantitative models to inform its allocation decisions, aiming to capture trends and manage risk across a diverse commodity spectrum such as energy, precious and industrial metals, agricultural products, and livestock. Notably, the portfolio is actively managed to maintain flexibility in response to changing market dynamics and utilizes total return swaps linked to the Bloomberg Commodity Index, a widely recognized benchmark for commodity futures. This structure makes the fund significant for investors seeking diversified access to commodity markets within a professionally managed, multi-asset framework. The MFS Commodity Strategy Fund Class R2 plays a role in the market by offering institutional and eligible retirement investors an avenue to hedge inflation risks and complement traditional stock and bond allocations with commodity exposures.

• Fund Family: MFS
• Category: Commodities Broad Basket
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MCSOX
• Share Class: R2
• Index: Bloomberg Commodity TR

Performance

MCSOX had a total return of 36.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.77%.

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	0.01%
FIFGX	Fidelity	Fidelity SAI Inflation-Focused Fund	0.39%
FYHTX	Fidelity	Fidelity Commodity Strategy Fund	0.63%

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%
MCSAX	A	1.15%

Top 10 Holdings

103.94% of assets

Name	Symbol	Weight
BCOM F0 Pre-Roll Total Return Swaps	n/a	27.25%
Mlcilprt Total Return Etrs Total Return Swaps Equity	n/a	16.95%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.84%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.84%
Currency Cash CASH_USD	n/a	5.99%
United States Treasury Notes 4.88%	T.4.875 10.31.28	4.97%
United States Treasury Notes 3.88%	T.3.875 03.15.28	4.00%
United States Treasury Notes 4.63%	T.4.625 04.30.29	3.71%
United States Treasury Notes 4.38%	T.4.375 07.31.26	3.69%
United States Treasury Notes 4.13%	T.4.125 01.31.27	3.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 9, 2025	$0.55906	Dec 10, 2025
Dec 10, 2024	$0.09865	Dec 11, 2024
Dec 19, 2023	$0.06173	Dec 20, 2023
Dec 8, 2022	$1.02688	Dec 9, 2022
Dec 9, 2021	$2.37401	Dec 10, 2021
Dec 10, 2020	$0.02267	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:

Aug 27, 2026

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