MFS Commodity Strategy Fund (MCSTX)
| Fund Assets | 882.77M |
| Expense Ratio | 0.91% |
| Min. Investment | $0.00 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 3.10% |
| Dividend Growth | 51.11% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 3.760 |
| YTD Return | 6.22% |
| 1-Year Return | 10.98% |
| 5-Year Return | 44.39% |
| 52-Week Low | 3.420 |
| 52-Week High | 3.940 |
| Beta (5Y) | n/a |
| Holdings | 396 |
| Inception Date | Aug 15, 2018 |
About MCSTX
The MFS Commodity Strategy Fund Class R4 is a mutual fund designed to provide investors with broad exposure to the global commodities markets. Its primary function is to seek total return by investing significantly in commodity-linked derivatives and debt securities, allowing investors to benefit from price movements across a diverse range of physical commodities without holding the underlying assets directly. The fund tracks a benchmark similar to the Bloomberg Commodity Index, which covers sectors such as energy (petroleum, natural gas), precious and industrial metals (gold, silver, copper), as well as agricultural commodities like grains and livestock. Utilizing proprietary quantitative models for allocation decisions, the fund aims to capture opportunities across commodity cycles while managing risks specific to the asset class. With a diversified portfolio structure that can also include U.S. Treasuries, investment-grade corporates, and asset-backed securities, the MFS Commodity Strategy Fund Class R4 plays a significant role as a diversifier within multi-asset portfolios, appealing to investors seeking alternative sources of return and inflation protection beyond traditional equity and fixed income investments.
Performance
MCSTX had a total return of 10.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
82.09% of assets| Name | Symbol | Weight |
|---|---|---|
| MLCILPRT Total Return Swap | n/a | 14.62% |
| BCOM F0 Pre-Roll Total Return SWAP | n/a | 13.78% |
| BBG Commodity F3 TR SWAP | n/a | 11.66% |
| United States Treasury Notes 4.5% | T.4.5 07.15.26 | 6.88% |
| Currency Cash CASH_USD | n/a | 6.42% |
| BBG Commodity F6 TR Swaps | n/a | 6.01% |
| United States Treasury Notes 4.88% | T.4.875 11.30.25 | 6.00% |
| BBG Commodity TR Swap | n/a | 5.81% |
| Currency Cash CASH_USD | n/a | 5.54% |
| BBG Commodity F3 Total Return Swap | n/a | 5.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.11693 | Dec 11, 2024 |
| Dec 19, 2023 | $0.07738 | Dec 20, 2023 |
| Dec 8, 2022 | $1.03994 | Dec 9, 2022 |
| Dec 9, 2021 | $2.40297 | Dec 10, 2021 |
| Dec 10, 2020 | $0.04598 | Dec 11, 2020 |
| Dec 12, 2019 | $0.09945 | Dec 12, 2019 |