About MKVHX
MFS International Large Cap Value Fund Class R6 is an open-end mutual fund focused on delivering capital appreciation by investing primarily in large-cap companies outside the United States. The fund targets established, high-quality businesses that are attractively valued relative to their fundamental worth, deploying a disciplined value investment approach. Key features include a portfolio concentrated in international equities, with over 98% allocated to stocks, and an emphasis on risk management across changing market conditions. The strategy incorporates long-term perspectives and flexible valuation techniques, with a particular emphasis on cash flow and returns-based analysis.
The fund is broadly diversified across regions, reflecting exposure to developed and, occasionally, emerging markets, and benchmarks its performance against the MSCI EAFE Value Index, which tracks non-US value stocks in Europe, Australasia, and the Far East. The fund maintains a moderate turnover rate, reflecting a long-term investment horizon, and typically holds around 90 individual securities with significant market capitalization. Class R6 shares are tailored for retirement plans and institutional investors, offering no sales charges and a competitive expense structure. Since its inception in 2020, the fund has established itself as a significant vehicle for investors seeking international value-oriented exposure within the large-cap equity universe.
Fund Family MFS
Category Foreign Large Value
Stock Exchange NASDAQ
Ticker Symbol MKVHX
Share Class R6
Index MSCI EAFE Value NR USD
MKVHX had a total return of 26.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.38%.
