MFS Commodity Strategy R4 (MCSTX)

Fund Assets	995.24M
Expense Ratio	0.90%
Min. Investment	$1,000
Turnover	35.00%
Dividend (ttm)	0.58
Dividend Yield	12.56%
Dividend Growth	396.39%
Payout Frequency	Annual
Ex-Dividend Date	Dec 9, 2025

Previous Close	4.670
YTD Return	29.36%
1-Year Return	36.07%
5-Year Return	45.17%
52-Week Low	3.520
52-Week High	4.750
Beta (5Y)	n/a
Holdings	390
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.

• Fund Family: MFS
• Category: Commodities Broad Basket
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MCSTX
• Share Class: R4
• Index: Bloomberg Commodity TR

Performance

MCSTX had a total return of 36.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.70%.

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%
MCSAX	A	1.15%
MCSQX	R3	1.15%

Top 10 Holdings

113.34% of assets

Name	Symbol	Weight
BCOM F0 Pre-Roll Total Return Swaps	n/a	26.54%
Mlcilprt Total Return Etrs Total Return Swaps Equity	n/a	16.49%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.09%
BBG Commodity F3 Tr Etrs Total Return Swaps Equity	n/a	16.09%
Currency Cash CASH_USD	n/a	13.19%
Currency Cash CASH_USD	n/a	10.14%
United States Treasury Notes 4.88%	T.4.875 10.31.28	4.50%
United States Treasury Notes 3.88%	T.3.875 03.15.28	3.63%
United States Treasury Notes 4.63%	T.4.625 04.30.29	3.36%
United States Treasury Notes 3.88%	T.3.875 03.31.27	3.31%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 9, 2025	$0.58043	Dec 10, 2025
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

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:

Sep 30, 2026

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