MFS Massachusetts Investors Growth Stock Fund Class B (MIGBX)
| Fund Assets | 11.75B |
| Expense Ratio | 1.46% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 3.52 |
| Dividend Yield | 10.56% |
| Dividend Growth | 142.23% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 33.37 |
| YTD Return | 4.32% |
| 1-Year Return | 18.16% |
| 5-Year Return | 96.47% |
| 52-Week Low | 27.01 |
| 52-Week High | 36.81 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Sep 7, 1993 |
About MIGBX
MFS Massachusetts Investors Growth Stock Fund Class B is an open-ended mutual fund that focuses on seeking long-term capital appreciation by investing in high-quality, large-cap growth companies. The fund’s investment strategy emphasizes companies with durable competitive advantages, maintaining a disciplined approach to valuation and typically adopting a patient, contrarian perspective during periods of broad market enthusiasm. Its portfolio is concentrated in industry leaders primarily across sectors such as technology, financial services, healthcare, and consumer defensive, with key holdings including established names like Microsoft, Apple, NVIDIA, and Visa. The fund’s active management results in a relatively low turnover, indicating a commitment to holding investments over a longer time horizon. Designed to outperform across full market cycles, the fund benchmarks its performance against the Russell 1000 Growth Index. With a history dating back to 1935, this fund plays a significant role in providing investors with exposure to growth-oriented U.S. equities while aiming to mitigate risk through rigorous fundamental research and diversification among leading companies in rapidly expanding industries.
Performance
MIGBX had a total return of 18.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.43%.
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 |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
43.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 14.38% |
| NVIDIA Corporation | NVDA | 5.53% |
| Apple Inc. | AAPL | 4.67% |
| Visa Inc. | V | 4.23% |
| Accenture plc | ACN | 3.21% |
| Aon plc | AON | 2.41% |
| Salesforce, Inc. | CRM | 2.32% |
| TransUnion | TRU | 2.31% |
| STERIS plc | STE | 2.31% |
| Church & Dwight Co., Inc. | CHD | 2.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $3.50837 | Dec 20, 2024 |
| Jul 31, 2024 | $0.01463 | Aug 1, 2024 |
| Dec 21, 2023 | $1.45443 | Dec 22, 2023 |
| Dec 13, 2022 | $1.28192 | Dec 14, 2022 |
| Jul 29, 2022 | $0.05628 | Aug 1, 2022 |
| Dec 14, 2021 | $3.69284 | Dec 15, 2021 |