MFS Technology Fund Class I (MTCIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
76.81
+0.30 (0.39%)
Jul 28, 2025, 4:00 PM EDT
0.39%
Fund Assets2.12B
Expense Ratio0.88%
Min. Investment$1,000
Turnover37.00%
Dividend (ttm)9.53
Dividend Yield12.44%
Dividend Growth67.86%
Payout FrequencyAnnual
Ex-Dividend Daten/a
Previous Close76.51
YTD Return7.89%
1-Year Return34.31%
5-Year Return113.53%
52-Week Low55.58
52-Week High83.94
Beta (5Y)n/a
Holdings56
Inception DateJan 2, 1997

About MTCIX

MFS Technology Fund Class I is a mutual fund that primarily seeks capital appreciation through focused investments in technology-related companies. Managed by MFS Investment Management since its inception in 1997, the fund employs an all-cap approach, selecting stocks across different market capitalizations. Its portfolio balances high-quality durable growth companies, emerging growth opportunities, and firms experiencing positive structural change. The strategy leverages bottom-up stock selection, thoroughly analyzing individual companies to identify attractive technology investment opportunities globally, with a strong emphasis on U.S.-based firms. MFS Technology Fund Class I typically invests at least 80% of its net assets in equity securities of issuers that are principally engaged in technology-driven products, processes, or services. The fund’s portfolio is heavily weighted toward the information technology and communication services sectors, with significant holdings in industry leaders such as Meta Platforms, Alphabet, NVIDIA, Microsoft, and Apple. The fund is benchmarked against the S&P North American Technology Sector Index and is designed for investors seeking targeted exposure to innovation and growth in the technology sector, offering a diversified technology-focused investment solution backed by rigorous fundamental research and a seasoned management team.

Fund Family MFS
Category Technology
Stock Exchange NASDAQ
Ticker Symbol MTCIX
Share Class I
Index S&P 500 TR

Performance

MTCIX had a total return of 34.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.26%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FIKGXFidelityFidelity Advisor Semiconductors Fund - Class Z0.62%
FATIXFidelityFidelity Advisor Technology Fund - Class I0.72%
FELTXFidelityFidelity Advisor Semiconductors Fund - Class M1.25%
FTHCXFidelityFidelity Advisor Technology Fund - Class C1.75%
FBSOXFidelityFidelity Select Enterprise Technology Services Portfolio0.66%

Other Share Classes

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

SymbolShare ClassExpense Ratio
MTCLXR60.79%
MTCJXR40.88%
MTCHXR31.13%
MTCAXA1.13%

Top 10 Holdings

57.10% of assets
NameSymbolWeight
Meta Platforms, Inc.META11.55%
Microsoft CorporationMSFT9.22%
Alphabet Inc.GOOGL7.79%
NVIDIA CorporationNVDA6.83%
Apple Inc.AAPL5.72%
Broadcom Inc.AVGO4.93%
International Business Machines CorporationIBM3.50%
Shopify Inc.SHOP2.63%
Accenture plcACN2.51%
ServiceNow, Inc.NOW2.42%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 17, 2024$9.53232Dec 18, 2024
Dec 12, 2023$5.67885Dec 13, 2023
Dec 6, 2022$4.33632Dec 7, 2022
Dec 7, 2021$8.34757Dec 8, 2021
Dec 8, 2020$3.51261Dec 9, 2020
Dec 10, 2019$0.98289Dec 10, 2019
Full Dividend History