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
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MKVHX
Share Class R6
Index MSCI EAFE Value NR USD
MKVHX had a total return of 40.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 21.72%.
