About MTCBX
MFS Technology Fund Class B is a mutual fund that primarily seeks capital appreciation by investing at least 80% of its net assets in securities issued by technology companies. The fund employs an all-cap strategy, diversifying its portfolio across large, medium, and small capitalization firms, with a historical emphasis on prominent U.S. technology names. Its investment approach combines high quality durable growth stocks, emerging growth opportunities, and companies undergoing positive transformation. The fund utilizes a bottom-up stock selection process driven by rigorous fundamental analysis, leveraging deep investment expertise to identify attractive technology-related investments globally. Key portfolio holdings often include major players in the technology and communication services sectors, such as Microsoft, Alphabet, Meta Platforms, NVIDIA, and Apple. With top holdings accounting for a significant share of assets, the fund is considered non-diversified, which can heighten its sector exposure and volatility compared to broader, multi-sector funds. Benchmarked to the S&P North American Technology Sector Index, MFS Technology Fund Class B plays a vital role in providing targeted access to the technology industry for investors seeking potential growth within the dynamic tech landscape.
Fund Family MFS
Category Technology
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MTCBX
Share Class B
Index S&P 500 TR
MTCBX had a total return of 25.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.96%.
