About MCVRX
The MFS Mid Cap Value Fund Class R2 is a mutual fund designed to seek capital appreciation by investing primarily in U.S. companies with medium-sized market capitalizations. The fund emphasizes a value-oriented approach, focusing on stocks that are considered undervalued relative to their long-term earnings potential. Its investment strategy leverages detailed bottom-up research, with an emphasis on companies exhibiting strong cash flow characteristics and the potential for operational improvement or recovery.
This fund typically allocates at least 80% of its net assets to mid-cap issuers, as defined by the market capitalizations in the Russell Midcap Value Index. With a diversified portfolio of over 140 holdings, its sector exposure spans financial services, healthcare, utilities, consumer defensive, and energy, among others. The fund actively manages downside risk at the individual security level and pursues opportunities where market expectations are low but improvement potential exists.
Serving long-term investors, particularly those in retirement plans, Class R2 shares offer access without a sales charge and feature a below-average distribution fee level, making them cost-effective for eligible participants. The fund plays a significant role in the mid-cap value segment, providing exposure to companies that may be less volatile than smaller firms but offer more growth potential than large-cap value stocks.
Fund Family MFS
Category Mid-Cap Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MCVRX
Share Class R2
Index Russell MidCap Value TR
MCVRX had a total return of 13.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.00%.
