MFS Massachusetts Investors Growth Stock Fund Class I (MGTIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
45.31
+0.26 (0.58%)
Jun 27, 2025, 4:00 PM EDT
-1.48%
Fund Assets 11.75B
Expense Ratio 0.46%
Min. Investment $1,000
Turnover 19.00%
Dividend (ttm) 3.72
Dividend Yield 8.27%
Dividend Growth 117.55%
Payout Frequency Semi-Annual
Ex-Dividend Date Dec 19, 2024
Previous Close 45.05
YTD Return 2.65%
1-Year Return 15.09%
5-Year Return 108.65%
52-Week Low 37.38
52-Week High 49.62
Beta (5Y) n/a
Holdings 58
Inception Date Jan 2, 1997

About MGTIX

MFS Massachusetts Investors Growth Stock Fund Class I is a mutual fund focused on large-cap growth equities. Its primary objective is capital appreciation by investing at least 80% of its assets in stocks, mainly common or convertible securities of U.S. companies with strong prospects for long-term growth. The fund emphasizes high-quality businesses with durable competitive advantages, relying on a patient, valuation-disciplined, and occasionally contrarian investment approach. Sector exposure is concentrated in technology, financial services, communication services, healthcare, and consumer defensive industries, with notable holdings including Microsoft, Apple, and NVIDIA. Managed by MFS since its inception, the fund benchmarks its performance against the Russell 1000 Growth Index, positioning itself as a core holding for those seeking exposure to established and innovative U.S. growth companies. With assets exceeding $11 billion, the fund plays a significant role in the large-cap growth segment, aiming to deliver solid long-term returns through careful stock selection and risk management.

Fund Family MFS
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol MGTIX
Share Class I
Index Russell 1000 Growth TR

Performance

MGTIX had a total return of 15.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FLGEX Fidelity Fidelity Large Cap Growth Enhanced Index Fund 0.39%
FBCGX Fidelity Fidelity Blue Chip Growth K6 Fund 0.46%
FHOFX Fidelity Fidelity Series Large Cap Growth Index Fund n/a
FBGRX Fidelity Fidelity Blue Chip Growth Fund 0.69%
FBGKX Fidelity Fidelity Blue Chip Growth Fund - Class K 0.59%

Other Share Classes

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

Symbol Share Class Expense Ratio
MIGNX R6 0.37%
MIGKX R4 0.46%
MIGHX R3 0.71%
MIGFX A 0.71%

Top 10 Holdings

42.87% of assets
Name Symbol Weight
Microsoft Corporation MSFT 13.43%
Apple Inc. AAPL 5.27%
NVIDIA Corporation NVDA 4.75%
Visa Inc. V 4.27%
Accenture plc ACN 3.23%
Salesforce, Inc. CRM 2.51%
Church & Dwight Co., Inc. CHD 2.44%
TransUnion TRU 2.39%
CMS Energy Corporation CMS 2.34%
American Tower Corporation AMT 2.26%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 19, 2024 $3.71015 Dec 20, 2024
Jul 31, 2024 $0.01463 Aug 1, 2024
Dec 21, 2023 $1.71211 Dec 22, 2023
Dec 13, 2022 $1.52106 Dec 14, 2022
Jul 29, 2022 $0.05628 Aug 1, 2022
Dec 14, 2021 $3.86721 Dec 15, 2021
Full Dividend History