MFS Emerging Markets Equity R3 (MEMGX)
| Fund Assets | 9.14B |
| Expense Ratio | 1.31% |
| Min. Investment | $0.00 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 1.93% |
| Dividend Growth | 5.13% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 41.99 |
| YTD Return | 28.18% |
| 1-Year Return | 28.80% |
| 5-Year Return | 34.34% |
| 52-Week Low | 30.51 |
| 52-Week High | 41.99 |
| Beta (5Y) | n/a |
| Holdings | 113 |
| Inception Date | Oct 1, 2008 |
About MEMGX
MFS Emerging Markets Equity Fund Class R3 is a mutual fund focused on achieving capital appreciation by investing primarily in the equity securities of companies tied economically to emerging market countries. The fund generally allocates at least 80% of its net assets in these markets and maintains a diversified portfolio that can include firms of all sizes, sometimes concentrating a significant portion of its holdings in specific countries to capture local growth opportunities. With over 100 holdings, the fund is actively managed and demonstrates a relatively high active share versus its benchmark, the MSCI Emerging Markets Index. The strategy combines quantitative analysis of earnings prospects and valuations, emphasizing companies with rising revenues, expanding margins, and increasing cash flows. The fund is designed for eligible investors seeking exposure to the long-term growth potential of emerging economies. Notably, the Class R3 shares do not have an initial sales charge and carry a modest annual 12b-1 fee, aiming to balance returns against expenses. The fund distributes dividends annually and has demonstrated a track record of performance relative to its emerging market peers.
Performance
MEMGX had a total return of 28.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.61%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
35.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 9.95% |
| Tencent Holdings Limited | 0700 | 6.64% |
| Samsung Electronics Co., Ltd. | 005930 | 3.84% |
| Alibaba Group Holding Limited | 9988 | 3.56% |
| HDFC Bank Limited | HDFCBANK | 2.24% |
| China Construction Bank Corporation | 0939 | 2.14% |
| Currency Cash CASH_USD | n/a | 1.84% |
| Infosys Limited | INFY | 1.74% |
| MediaTek Inc. | 2454 | 1.72% |
| Ping An Insurance (Group) Company of China, Ltd. | 2318 | 1.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.80128 | Dec 18, 2024 |
| Dec 19, 2023 | $0.76217 | Dec 20, 2023 |
| Dec 8, 2022 | $0.27753 | Dec 9, 2022 |
| Dec 9, 2021 | $0.5348 | Dec 10, 2021 |
| Dec 10, 2020 | $0.15106 | Dec 11, 2020 |
| Dec 12, 2019 | $0.62475 | Dec 12, 2019 |