MFS Global Real Estate Fund Class I (MGLIX)
| Fund Assets | 2.29B |
| Expense Ratio | 0.94% |
| Min. Investment | $0.00 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.50% |
| Dividend Growth | 32.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 16.65 |
| YTD Return | 3.62% |
| 1-Year Return | 1.57% |
| 5-Year Return | 21.56% |
| 52-Week Low | 14.21 |
| 52-Week High | 18.53 |
| Beta (5Y) | 0.97 |
| Holdings | 50 |
| Inception Date | Mar 11, 2009 |
About MGLIX
MFS Global Real Estate Fund Class I is a mutual fund that primarily targets total return through investment in global real estate securities. The fund predominantly allocates at least 80% of its assets to equity securities of U.S. and foreign real estate-related companies. These include real estate investment trusts (REITs) and similar entities from both developed and emerging markets, as well as real estate operating companies. The portfolio spans various property types and geographic regions, offering broad exposure to the global real estate sector. With a focus on attractively valued REITs believed to have above-average growth prospects, the fund employs an active, bottom-up management approach, using fundamental analysis to select investments. The fund’s benchmark is the FTSE EPRA/NAREIT Developed Real Estate Index, which covers a wide array of income-producing real estate companies worldwide. Notable holdings often include large, well-established REITs such as Prologis, Equinix, and Goodman Group, reflecting its emphasis on both diversification and quality. The fund’s role in the financial market is to provide investors access to the performance of global real estate markets, serving as a diversified vehicle for those seeking indirect participation in real estate assets and industry trends.
Performance
MGLIX had a total return of 1.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.14%.
Top 10 Holdings
39.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Prologis, Inc. | PLD | 7.75% |
| Equinix, Inc. | EQIX | 5.51% |
| Goodman Group | GMG | 4.08% |
| Digital Realty Trust, Inc. | DLR | 3.94% |
| Mitsui Fudosan Co., Ltd. | 8801 | 3.42% |
| Ventas, Inc. | VTR | 3.20% |
| Extra Space Storage Inc. | EXR | 3.17% |
| Simon Property Group, Inc. | SPG | 3.02% |
| Essex Property Trust, Inc. | ESS | 2.79% |
| Mid-America Apartment Communities, Inc. | MAA | 2.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.41489 | Dec 13, 2024 |
| Dec 14, 2023 | $0.31412 | Dec 15, 2023 |
| Dec 13, 2022 | $0.92459 | Dec 14, 2022 |
| Dec 14, 2021 | $0.47483 | Dec 15, 2021 |
| Dec 15, 2020 | $0.17645 | Dec 16, 2020 |
| Dec 17, 2019 | $1.01197 | Dec 17, 2019 |