MFS Growth Allocation Fund Class R2 (MGALX)
| Fund Assets | 6.78B |
| Expense Ratio | 1.20% |
| Min. Investment | $0.00 |
| Turnover | 5.00% |
| Dividend (ttm) | 1.97 |
| Dividend Yield | 7.80% |
| Dividend Growth | 41.51% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 25.13 |
| YTD Return | 3.15% |
| 1-Year Return | 13.08% |
| 5-Year Return | 36.51% |
| 52-Week Low | 19.78 |
| 52-Week High | 25.39 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Oct 31, 2003 |
About MGALX
MFS Growth Allocation Fund Class R2 is a multi-asset mutual fund designed to achieve long-term capital growth alongside current income. The fund primarily invests in a diversified mix of other MFS mutual funds, following a strategic allocation approach: approximately 52% in U.S. stock funds, 20% in international stock funds, 20% in bond funds, and 8% in specialty funds. Through this broad exposure, it seeks to balance growth potential with income generation, offering investors access to a globally diversified portfolio under a single fund structure. The fund employs disciplined portfolio management with multi-level risk controls and systematic rebalancing, aiming to maintain consistency in risk and returns over time. MFS Growth Allocation Fund Class R2 falls into the global moderately aggressive allocation category, making it suitable for those seeking capital appreciation while accepting volatility similar to strategic equity exposures. The fund’s substantial allocation to equities and fixed-income instruments positions it as a comprehensive solution for investors looking to participate in multiple asset classes within one vehicle, underlining its role in diversification and risk management for portfolios.
Performance
MGALX had a total return of 13.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.77%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.55% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% | 0.64% |
Top 10 Holdings
70.48% of assets| Name | Symbol | Weight |
|---|---|---|
| MFS Value Fund Class R6 | MEIKX | 10.07% |
| MFS Research Fund Class R6 | MFRKX | 9.28% |
| MFS Growth Fund Class R6 | MFEKX | 9.19% |
| MFS Mid Cap Value Fund Class R6 | MVCKX | 9.00% |
| MFS Mid Cap Growth Fund Class R6 | OTCKX | 8.65% |
| MFS Research International Fund Class R6 | MRSKX | 7.25% |
| MFS Inflation-Adjusted Bond Fund Class R6 | MIAKX | 4.98% |
| MFS High Income Fund Class R6 | MHIKX | 4.04% |
| MFS Commodity Strategy Fund Class R6 | MCSRX | 4.02% |
| MFS Global Real Estate Fund Class R6 | MGLRX | 4.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $1.96734 | Dec 24, 2025 |
| Dec 26, 2024 | $1.39021 | Dec 27, 2024 |
| Dec 27, 2023 | $0.77892 | Dec 28, 2023 |
| Dec 28, 2022 | $0.90178 | Dec 29, 2022 |
| Dec 28, 2021 | $1.78198 | Dec 29, 2021 |
| Dec 29, 2020 | $0.80895 | Dec 30, 2020 |