MFS Growth Fund Class R3 (MFEHX)
| Fund Assets | 44.92B |
| Expense Ratio | 0.83% |
| Min. Investment | $0.00 |
| Turnover | 33.00% |
| Dividend (ttm) | 25.69 |
| Dividend Yield | 13.43% |
| Dividend Growth | 207.40% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 189.12 |
| YTD Return | 4.43% |
| 1-Year Return | 22.75% |
| 5-Year Return | 111.71% |
| 52-Week Low | 147.90 |
| 52-Week High | 215.38 |
| Beta (5Y) | n/a |
| Holdings | 71 |
| Inception Date | Apr 1, 2005 |
About MFEHX
MFS Growth Fund Class R3 is a mutual fund focused on achieving long-term capital appreciation by investing primarily in U.S. large-cap growth companies. Managed by MFS Investment Management since its class inception in 2005, the fund emphasizes holdings in businesses that demonstrate the potential for sustained, above-average growth rates that may be undervalued by the broader market. Its investment strategy targets high-quality companies with competitive advantages, strong pricing power, and the ability to expand profit margins, utilizing a fundamentals-driven, bottom-up research approach. The portfolio is diversified across various industries but is typically concentrated in sectors and issuers where the management team identifies attractive growth prospects. Notable allocations include major technology and consumer companies such as Microsoft, NVIDIA, Amazon, and Alphabet, underscoring the fund’s orientation toward innovative market leaders. MFS Growth Fund Class R3 is benchmarked to the Russell 1000 Growth Index, reflecting its focus on the large growth segment of the U.S. equity market. With substantial assets under management and a moderate expense ratio, the fund plays a significant role for investors seeking exposure to dynamic growth sectors within diversified retirement and investment portfolios.
Performance
MFEHX had a total return of 22.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.01%.
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 |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
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 |