MFS Massachusetts Investors Trust Class I (MITIX)
| Fund Assets | 6.76B |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 25.00% |
| Dividend (ttm) | 5.29 |
| Dividend Yield | 14.40% |
| Dividend Growth | 25.32% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 35.79 |
| YTD Return | 5.39% |
| 1-Year Return | 9.01% |
| 5-Year Return | 84.97% |
| 52-Week Low | 29.78 |
| 52-Week High | 40.39 |
| Beta (5Y) | n/a |
| Holdings | 66 |
| Inception Date | Jan 2, 1997 |
About MITIX
MFS Massachusetts Investors Trust Class I is an open-end mutual fund that primarily seeks capital appreciation by investing in equity securities. Launched in 1924, it is recognized as America’s first mutual fund, carrying a legacy of nearly a century in the U.S. investment landscape. The fund focuses on large-cap, high-quality companies characterized by durable business models, strong balance sheets, and robust management teams. It adopts a growth-oriented approach, targeting businesses with above-average, sustainable growth potential while maintaining a valuation discipline. The fund is broadly diversified, typically spanning a wide array of industries and sectors, and uses the S&P 500 Index as its performance benchmark. Managed by an experienced team, MFS Massachusetts Investors Trust Class I plays a significant role for investors seeking long-term exposure to established U.S. companies and broad market leadership, emphasizing quality and strong corporate governance in its holdings.
Performance
MITIX had a total return of 9.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.82%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
39.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 8.80% |
| Amazon.com, Inc. | AMZN | 5.16% |
| NVIDIA Corporation | NVDA | 4.99% |
| Alphabet Inc. | GOOGL | 3.84% |
| Apple Inc. | AAPL | 3.57% |
| Meta Platforms, Inc. | META | 3.55% |
| JPMorgan Chase & Co. | JPM | 2.66% |
| Visa Inc. | V | 2.49% |
| Mastercard Incorporated | MA | 2.15% |
| Salesforce, Inc. | CRM | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $4.82727 | Dec 20, 2024 |
| Jul 31, 2024 | $0.4606 | Aug 1, 2024 |
| Dec 21, 2023 | $3.47861 | Dec 22, 2023 |
| Jul 31, 2023 | $0.74086 | Aug 1, 2023 |
| Dec 13, 2022 | $2.17415 | Dec 14, 2022 |
| Jul 29, 2022 | $0.90974 | Aug 1, 2022 |