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-Cap Growth
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol MGTIX
Share Class I
Index Russell 1000 Growth TR
MGTIX had a total return of 2.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.46%.
