MFS Growth Allocation R2 (MGALX)

Fund Assets	6.78B
Expense Ratio	1.201%
Min. Investment	$0.00
Turnover	5.00%
Dividend (ttm)	0.56
Dividend Yield	2.17%
Dividend Growth	28.75%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	26.22
YTD Return	7.24%
1-Year Return	9.20%
5-Year Return	32.75%
52-Week Low	23.65
52-Week High	27.01
Beta (5Y)	0.78
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.

• Fund Family: MFS
• Category: Mix Tgt All Gro
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MGALX
• Share Class: R2
• Index: S&P 500 TR

Performance

MGALX had a total return of 9.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.

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 Div & Inc Z	0.57%
FBKFX	Fidelity	Fidelity Balanced K6 Fund	0.33%
FASDX	Fidelity	Fidelity Advisor Strategic Div & Inc A	0.92%
FTSDX	Fidelity	Fidelity Advisor Strategic Div & Inc M	1.20%
FASGX	Fidelity	Fidelity Asset Manager 70%	0.62%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MAGQX	R6	0.61%
MGWIX	I	0.69%
MAGJX	R4	0.69%
MAGEX	R3	0.94%

Top 10 Holdings

70.88% of assets

Name	Symbol	Weight
MFS Value R6	MEIKX	10.00%
MFS Research R6	MFRKX	9.30%
MFS Growth R6	MFEKX	9.27%
MFS Mid Cap Value R6	MVCKX	9.04%
MFS Mid Cap Growth R6	OTCKX	8.82%
MFS Research International R6	MRSKX	7.27%
MFS Inflation-Adjusted Bond R6	MIAKX	4.95%
MFS Commodity Strategy R6	MCSRX	4.29%
MFS High Income R6	MHIKX	3.99%
MFS Global Real Estate R6	MGLRX	3.94%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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