MFS Growth Fund Class C (MFECX)
| Fund Assets | 44.92B |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 25.69 |
| Dividend Yield | 19.46% |
| Dividend Growth | 207.40% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 133.43 |
| YTD Return | 5.57% |
| 1-Year Return | 29.35% |
| 5-Year Return | 114.46% |
| 52-Week Low | 101.80 |
| 52-Week High | 156.54 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Apr 1, 1996 |
About MFECX
MFS Growth Fund Class C is a mutual fund focused on achieving capital appreciation through investments primarily in equity securities. The fund is managed with an emphasis on companies believed to possess strong, sustained growth potential that the broader market may undervalue. Its portfolio typically includes high-quality businesses characterized by competitive advantages, high barriers to entry, pricing power, and the capacity to expand profit margins. By conducting thorough fundamental analysis and maintaining a disciplined approach to valuation, the fund aims to identify and size positions in enterprises early in their life cycles or those poised for above-average growth. The fund benchmarks its performance against the Russell 1000 Growth Index, which tracks large-cap U.S. growth stocks. Established in 1986, MFS Growth Fund Class C plays a significant role for investors seeking exposure to dynamic, growth-oriented companies across leading U.S. industries, providing diversification within the large-cap growth segment of the equity market.
Performance
MFECX had a total return of 29.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
53.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 11.44% |
| Amazon.com, Inc. | AMZN | 7.33% |
| NVIDIA Corporation | NVDA | 7.03% |
| Meta Platforms, Inc. | META | 6.30% |
| Apple Inc. | AAPL | 5.57% |
| Alphabet Inc. | GOOGL | 4.99% |
| Mastercard Incorporated | MA | 3.99% |
| Netflix, Inc. | NFLX | 2.94% |
| Visa Inc. | V | 2.03% |
| Spotify Technology S.A. | SPOT | 1.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $25.50349 | Dec 18, 2024 |
| Jul 31, 2024 | $0.19132 | Aug 1, 2024 |
| Dec 19, 2023 | $7.90687 | Dec 20, 2023 |
| Jul 31, 2023 | $0.45192 | Aug 1, 2023 |
| Dec 13, 2022 | $1.3919 | Dec 14, 2022 |
| Dec 14, 2021 | $4.65025 | Dec 15, 2021 |