MFS Global Real Estate Fund Class R6 (MGLRX)
| Fund Assets | 2.29B |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 2.57% |
| Dividend Growth | 30.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 16.71 |
| YTD Return | 3.67% |
| 1-Year Return | 1.65% |
| 5-Year Return | 22.05% |
| 52-Week Low | 14.26 |
| 52-Week High | 18.59 |
| Beta (5Y) | n/a |
| Holdings | 50 |
| Inception Date | Jul 2, 2012 |
About MGLRX
MFS Global Real Estate Fund Class R6 is a diversified mutual fund designed to provide investors with total return by investing primarily in global real estate securities. The fund emphasizes equity investments in real estate investment trusts (REITs) and real estate-related companies, allocating at least 80% of its net assets to U.S. and foreign real estate opportunities. Its portfolio features a broad selection of property types and geographic locations, offering exposure to both domestic and international real estate markets. The fund seeks to benefit from real estate sectors believed to offer above-average growth prospects, leveraging a mix of established REITs and emerging real estate firms. Managed by MFS Investment Management, the fund benchmarks itself against the FTSE EPRA/NAREIT Developed Real Estate Index, a widely recognized standard for global real estate equity performance. With a net expense ratio of 0.85% and no minimum investment requirement for Class R6 shares, the fund is structured to appeal to institutional and retirement plan investors seeking diversified real estate exposure within a single investment vehicle. Its annual dividend distribution and globally oriented strategy position it as a key option for those aiming to integrate real estate assets into a broader investment portfolio.
Performance
MGLRX had a total return of 1.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.14%.
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 | $0.42896 | Dec 13, 2024 |
| Dec 14, 2023 | $0.32795 | Dec 15, 2023 |
| Dec 13, 2022 | $0.94339 | Dec 14, 2022 |
| Dec 14, 2021 | $0.48789 | Dec 15, 2021 |
| Dec 15, 2020 | $0.18676 | Dec 16, 2020 |
| Dec 17, 2019 | $1.02896 | Dec 17, 2019 |