MFS Technology Fund Class R3 (MTCHX)
| Fund Assets | 2.12B |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 9.53 |
| Dividend Yield | 14.31% |
| Dividend Growth | 67.86% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 66.56 |
| YTD Return | 7.50% |
| 1-Year Return | 39.67% |
| 5-Year Return | 116.00% |
| 52-Week Low | 48.35 |
| 52-Week High | 74.32 |
| Beta (5Y) | n/a |
| Holdings | 56 |
| Inception Date | Apr 1, 2005 |
About MTCHX
MFS Technology Fund Class R3 is a sector-focused mutual fund that seeks capital appreciation by investing primarily in technology companies. The fund maintains an all-cap approach, diversifying its portfolio across high-quality durable growth stocks, emerging growth companies, and firms undergoing positive change. Its strategy is rooted in rigorous, bottom-up stock selection, with a historical emphasis on identifying the most attractive opportunities within the technology sector globally, but with a substantial focus on the U.S. market. The fund typically allocates at least 80% of its assets to businesses substantially engaged in developing, offering, or benefiting from technological advances, such as those in software, semiconductors, networking, and occasionally biotech and medical devices. Managed by a team with deep investment expertise, the fund leverages fundamental analysis to drive its selections. MFS Technology Fund Class R3 plays a significant role in the market by providing investors targeted access to the dynamic and rapidly evolving technology industry, tracking benchmarks such as the S&P North American Technology Sector Index. The fund is designed to meet the needs of eligible investors seeking long-term growth through exposure to innovation-driven companies.
Performance
MTCHX had a total return of 39.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.44%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKGX | Fidelity | Fidelity Advisor Semiconductors Fund - Class Z | 0.62% |
| FATIX | Fidelity | Fidelity Advisor Technology Fund - Class I | 0.72% |
| FELTX | Fidelity | Fidelity Advisor Semiconductors Fund - Class M | 1.25% |
| FTHCX | Fidelity | Fidelity Advisor Technology Fund - Class C | 1.75% |
| FBSOX | Fidelity | Fidelity Select Enterprise Technology Services Portfolio | 0.66% |
Top 10 Holdings
57.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 11.55% |
| Microsoft Corporation | MSFT | 9.22% |
| Alphabet Inc. | GOOGL | 7.79% |
| NVIDIA Corporation | NVDA | 6.83% |
| Apple Inc. | AAPL | 5.72% |
| Broadcom Inc. | AVGO | 4.93% |
| International Business Machines Corporation | IBM | 3.50% |
| Shopify Inc. | SHOP | 2.63% |
| Accenture plc | ACN | 2.51% |
| ServiceNow, Inc. | NOW | 2.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $9.53232 | Dec 18, 2024 |
| Dec 12, 2023 | $5.67885 | Dec 13, 2023 |
| Dec 6, 2022 | $4.33632 | Dec 7, 2022 |
| Dec 7, 2021 | $8.34757 | Dec 8, 2021 |
| Dec 8, 2020 | $3.51261 | Dec 9, 2020 |
| Dec 10, 2019 | $0.98289 | Dec 10, 2019 |