MFS Low Volatility Equity Fund Class A (MLVAX)

Fund Assets	303.49M
Expense Ratio	0.89%
Min. Investment	$1,000
Turnover	23.00%
Dividend (ttm)	0.13
Dividend Yield	0.69%
Dividend Growth	-37.20%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 24, 2026

Previous Close	19.19
YTD Return	10.30%
1-Year Return	10.89%
5-Year Return	43.19%
52-Week Low	17.21
52-Week High	20.42
Beta (5Y)	0.76
Holdings	97
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.

• Fund Family: MFS
• Category: Large Blend
• Performance Rating: Low
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: MLVAX
• Share Class: A
• Index: S&P 500 TR

Performance

MLVAX had a total return of 10.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.40%.

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% Z	0.56%
FBRNX	Fidelity	Fidelity Advisor Stock Sel I	0.53%
FSSKX	Fidelity	Fidelity Stock Selec-Class K	0.42%
FSJHX	Fidelity	Fidelity Advisor Stock Sel M	1.07%
FEYAX	Fidelity	Fidelity Advisor Asset Manager 85% A	0.92%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MLVTX	R6	0.57%
MLVRX	R4	0.64%
MLVHX	I	0.64%
MLVPX	R3	0.89%

Top 10 Holdings

29.75% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	3.85%
Valero Energy Corporation	VLO	3.34%
Johnson & Johnson	JNJ	3.07%
Alphabet Inc.	GOOGL	2.97%
McKesson Corporation	MCK	2.90%
Monster Beverage Corporation	MNST	2.77%
Teledyne Technologies Incorporated	TDY	2.76%
Apple Inc.	AAPL	2.75%
Merck & Co., Inc.	MRK	2.70%
Microsoft Corporation	MSFT	2.65%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.03951	Sep 25, 2026
Jun 25, 2026	$0.03518	Jun 26, 2026
Mar 26, 2026	$0.01767	Mar 27, 2026
Dec 11, 2025	$2.58396	Dec 12, 2025
Sep 25, 2025	$0.04966	Sep 26, 2025
Jun 26, 2025	$0.05483	Jun 27, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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