MFS Emerging Markets Equity Fund Class I (MEMIX)
| Fund Assets | 8.41B |
| Expense Ratio | 1.06% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 2.11% |
| Dividend Growth | 5.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 40.85 |
| YTD Return | 18.27% |
| 1-Year Return | 19.11% |
| 5-Year Return | 33.45% |
| 52-Week Low | 32.38 |
| 52-Week High | 41.40 |
| Beta (5Y) | n/a |
| Holdings | 108 |
| Inception Date | Jan 2, 1997 |
About MEMIX
MFS Emerging Markets Equity Fund, Institutional Class, is an open-end mutual fund focused on equity investments in emerging markets worldwide. The fund primarily seeks long-term capital appreciation by allocating at least 80% of its net assets to companies tied economically to developing countries. These regions encompass Latin America, Asia, Africa, the Middle East, and Eastern Europe, reflecting economies whose financial and capital markets are still evolving. The fund employs a diversified approach, investing across various sectors and company sizes, blending both growth and value opportunities. Its investment process is grounded in fundamental analysis and a bottom-up stock selection method, aiming to identify promising businesses with strong earnings potential and attractive valuations. The portfolio's construction aims to capture local opportunities through extensive on-the-ground research. Benchmarked against the MSCI Emerging Markets Index, the fund provides institutional investors with access to the growth potential and diversification offered by emerging market equities. Managed by Massachusetts Financial Services Company since its formation in 1995, the fund plays a significant role for investors seeking exposure beyond developed markets, balancing return prospects with the unique risks inherent in emerging economies.
Performance
MEMIX had a total return of 19.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
34.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 8.72% |
| Tencent Holdings Limited | 0700 | 6.44% |
| Alibaba Group Holding Limited | 9988 | 3.97% |
| Samsung Electronics Co., Ltd. | 005930 | 3.24% |
| HDFC Bank Limited | HDFCBANK | 2.45% |
| China Construction Bank Corporation | CICHF | 2.07% |
| Infosys Limited | INFY | 2.00% |
| NetEase, Inc. | NTES | 1.86% |
| Kotak Mahindra Bank Limited | KOTAKBANK | 1.82% |
| Vale S.A. | VALE | 1.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.87061 | Dec 18, 2024 |
| Dec 19, 2023 | $0.82259 | Dec 20, 2023 |
| Dec 8, 2022 | $0.34865 | Dec 9, 2022 |
| Dec 9, 2021 | $0.77509 | Dec 10, 2021 |
| Dec 10, 2020 | $0.28387 | Dec 11, 2020 |
| Dec 12, 2019 | $0.6629 | Dec 12, 2019 |