MFS Global Real Estate Fund Class R3 (MGLLX)
| Fund Assets | 2.29B |
| Expense Ratio | 1.19% |
| Min. Investment | $0.00 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.17% |
| Dividend Growth | 32.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 16.66 |
| YTD Return | 3.49% |
| 1-Year Return | 1.30% |
| 5-Year Return | 20.04% |
| 52-Week Low | 14.23 |
| 52-Week High | 18.51 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Dec 19, 2014 |
About MGLLX
MFS Global Real Estate Fund Class R3 is a mutual fund designed to provide total return by investing primarily in real estate-related securities on a global scale. The fund allocates at least 80% of its net assets to both U.S. and international real estate investments, focusing mainly on equity securities, including real estate investment trusts (REITs) and similar entities. Its portfolio spans multiple regions, with significant exposure to North America, Europe, and Asia, enabling diversified access to developed and select emerging property markets. The fund aims to capitalize on opportunities across various geographic sectors, emphasizing REITs considered to offer attractive valuations and above-average growth prospects. Managed by MFS Investment Management, the fund is structured for eligible investors seeking a dedicated real estate allocation that reflects trends in global property markets. As a Class R3 share class, it features no initial sales charge and carries a modest annual 12b-1 distribution fee. The fund serves as a specialized vehicle for investors looking to participate in the performance and income potential of the global real estate sector, while diversifying away from traditional equity and fixed income allocations.
Performance
MGLLX had a total return of 1.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.22%.
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 | $0.36008 | Dec 13, 2024 |
| Dec 14, 2023 | $0.27254 | Dec 15, 2023 |
| Dec 13, 2022 | $0.88519 | Dec 14, 2022 |
| Dec 14, 2021 | $0.42288 | Dec 15, 2021 |
| Dec 15, 2020 | $0.1388 | Dec 16, 2020 |
| Dec 17, 2019 | $0.98194 | Dec 17, 2019 |