About MMUGX
MFS Utilities Fund Class R1 is an open-ended mutual fund focused on the utilities sector, aiming to deliver total return through a combination of capital appreciation and income. The fund primarily invests at least 80% of its net assets in companies within the utilities industry, encompassing businesses involved in electric, gas, energy, and telecommunications, including wireless, telephone, and cable services. This sector-specific approach provides exposure to companies considered essential for modern infrastructure and daily operations, which can offer both stability and steady income potential.
The fund's investment strategy incorporates flexibility, allowing for investment in both utility stocks and, when appropriate, related bonds or convertible securities. With over 50 holdings and a diversified portfolio spanning various market capitalizations—including large- and mid-cap utility providers—the fund is designed to capture opportunities across the utilities landscape. Class R1 shares do not carry an initial sales charge and are tailored for eligible investors, often within employer-sponsored retirement plans.
As of mid-2025, MFS Utilities Fund Class R1 manages multi-billion dollar assets, pays dividends quarterly, and maintains a long track record since its inception in 2005. Its sector focus makes it a notable participant within the utilities mutual fund category, serving investors seeking dedicated exposure to this stable and regulated industry.
Fund Family MFS
Category Utilities
Stock Exchange NASDAQ
Ticker Symbol MMUGX
Share Class R1
Index S&P 500 TR
MMUGX had a total return of 9.15% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.54%.
