MFS Low Volatility Equity Fund Class A (MLVAX)
| Fund Assets | 356.32M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 2.49 |
| Dividend Yield | 12.05% |
| Dividend Growth | 114.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 19.35 |
| YTD Return | 3.55% |
| 1-Year Return | 2.96% |
| 5-Year Return | 63.86% |
| 52-Week Low | 17.09 |
| 52-Week High | 22.13 |
| Beta (5Y) | 0.83 |
| Holdings | 105 |
| Inception Date | Dec 5, 2013 |
About MLVAX
The MFS Low Volatility Equity Fund Class A is a mutual fund focused on delivering capital appreciation through a portfolio of primarily U.S. large-cap equities. Distinct for its low volatility strategy, the fund blends fundamental and quantitative research to identify stocks with attractive growth and return characteristics, while seeking to minimize overall portfolio risk. It typically invests at least 80% of its assets in equity securities and is structured to achieve a volatility profile lower than that of the broader market benchmark, the S&P 500 Index. The fund maintains a diversified portfolio, with notable allocations across sectors such as healthcare, technology, and financial services. Major holdings include prominent companies like McKesson Corp, Johnson & Johnson, and Alphabet Inc. Its investment approach emphasizes long-term diversification, defensive positioning, and a focus on less volatile securities. With an active share indicating significant differences from the benchmark and a moderate turnover rate, this fund is designed for investors seeking equity exposure with an emphasis on risk reduction. Managed by MFS since its inception in 2013, the fund plays a key role for those aiming to participate in equity market growth while prioritizing lower portfolio volatility.
Performance
MLVAX had a total return of 2.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
Top 10 Holdings
25.30% of assets| Name | Symbol | Weight |
|---|---|---|
| Johnson & Johnson | JNJ | 3.07% |
| McKesson Corporation | MCK | 2.87% |
| TE Connectivity plc | TEL | 2.73% |
| Motorola Solutions, Inc. | MSI | 2.57% |
| Cognizant Technology Solutions Corporation | CTSH | 2.50% |
| Teledyne Technologies Incorporated | TDY | 2.45% |
| Visa Inc. | V | 2.39% |
| Microsoft Corporation | MSFT | 2.33% |
| Amphenol Corporation | APH | 2.25% |
| General Mills, Inc. | GIS | 2.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.05483 | Jun 27, 2025 |
| Mar 25, 2025 | $0.05261 | Mar 26, 2025 |
| Dec 12, 2024 | $2.33702 | Dec 13, 2024 |
| Sep 26, 2024 | $0.04498 | Sep 27, 2024 |
| Jun 25, 2024 | $0.03943 | Jun 26, 2024 |
| Mar 26, 2024 | $0.04211 | Mar 27, 2024 |