About MIGHX
MFS Massachusetts Investors Growth Stock Fund Class R3 is an actively managed mutual fund focused on large-cap growth equities in the United States. Designed to seek capital appreciation, the fund primarily invests at least 80% of its net assets in stocks, targeting companies with durable competitive advantages and above-average earnings growth potential. Its investment philosophy emphasizes high-quality businesses with strong market positions, robust valuation discipline, and a long-term perspective, often employing a contrarian approach when market sentiment diverges from underlying fundamentals.
With a history dating back to 1935, the fund has established itself as a significant player in the large-cap growth segment, and as of November 2024, it manages over $13 billion in assets. The portfolio typically holds prominent positions in sectors such as technology, healthcare, and financial services, reflecting its orientation toward industries with the potential for sustained growth. The fund’s benchmark is the Russell 1000 Growth Index, aligning it with other portfolios that focus on fast-growing, large U.S. companies. Class R3 shares are specifically structured for eligible retirement plans and institutional investors, providing access to professional management and diversification within the growth equity space.
Fund Family MFS
Category Large-Cap Growth
Performance Rating Below Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol MIGHX
Share Class R3
Index Russell 1000 Growth TR
MIGHX had a total return of 2.61% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.01%.
