MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX)
| Fund Assets | 11.96B |
| Expense Ratio | 0.37% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 3.76 |
| Dividend Yield | 7.99% |
| Dividend Growth | 115.40% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 47.09 |
| YTD Return | 5.36% |
| 1-Year Return | 19.18% |
| 5-Year Return | 97.09% |
| 52-Week Low | 37.47 |
| 52-Week High | 49.75 |
| Beta (5Y) | n/a |
| Holdings | 58 |
| Inception Date | Jun 1, 2012 |
About MIGNX
MFS Massachusetts Investors Growth Stock Fund Class R6 is a mutual fund focused on high-quality large-cap U.S. growth stocks. Its primary objective is capital appreciation, achieved through a concentrated portfolio of companies exhibiting durable competitive advantages and strong growth prospects. The fund adheres to a disciplined, long-term investment approach, seeking out firms with sustainable business models and attractive valuations. By maintaining a patient and contrarian strategy, the fund aims to deliver consistent returns across different market environments. The fund typically invests at least 80% of its net assets in equities, with a particular emphasis on industry leaders in technology, healthcare, financial services, and consumer sectors. Notably, it has a low turnover rate and a significant allocation to its top holdings, reflecting a high-conviction approach. The fund is benchmarked against the Russell 1000 Growth Index and is structured for retirement plans and institutional investors, offering R6 shares without sales charges to eligible participants. With substantial assets under management and a long-standing history since 1935, this fund plays a prominent role in the large-cap growth segment of the U.S. mutual fund market.
Performance
MIGNX had a total return of 19.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.46%.
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
44.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 14.50% |
| NVIDIA Corporation | NVDA | 5.58% |
| Apple Inc. | AAPL | 4.71% |
| Visa Inc. | V | 4.27% |
| Accenture plc | ACN | 3.24% |
| Aon plc | AON | 2.43% |
| Salesforce, Inc. | CRM | 2.34% |
| TransUnion | TRU | 2.33% |
| STERIS plc | STE | 2.33% |
| Church & Dwight Co., Inc. | CHD | 2.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $3.74821 | Dec 20, 2024 |
| Jul 31, 2024 | $0.01463 | Aug 1, 2024 |
| Dec 21, 2023 | $1.74692 | Dec 22, 2023 |
| Dec 13, 2022 | $1.55199 | Dec 14, 2022 |
| Jul 29, 2022 | $0.05628 | Aug 1, 2022 |
| Dec 14, 2021 | $3.90239 | Dec 15, 2021 |