About MMUKX
MFS Utilities Fund Class R6 is an open-end mutual fund that focuses primarily on investments in the utilities sector. Its core objective is to seek total return by allocating at least 80% of its net assets to securities of companies active in the utilities industry, which includes firms engaged in the generation, transmission, and distribution of electric, gas, or other energy sources, as well as water and other sanitary services. Additionally, the fund may invest in telecommunications providers, encompassing services such as telephone, cellular, satellite, and cable communications. Notable for its diversified portfolio, the fund typically holds around 56 positions, with significant exposure to major utility companies and selected derivative instruments. The fund is designed for institutional and retirement investors, as denoted by its R6 share class, and offers a low minimum investment with no sales charges. Managed since 2012, MFS Utilities Fund Class R6 plays a specialized role within the financial markets by providing targeted access to the traditionally stable but regulated utilities sector, offering investors the potential for income through quarterly dividends.
Fund Family MFS
Category Utilities
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MMUKX
Share Class R6
Index S&P 500 TR
MMUKX had a total return of 24.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.74%.
