About MTERX
MFS Technology Fund Class R2 is a mutual fund focused on capital appreciation through investments in the technology sector. Established in 1997, the fund employs an all-capitalization strategy, diversifying across high-quality durable growth stocks, emerging growth stocks, and those undergoing positive change. It leverages a bottom-up stock selection process with a global perspective but emphasizes U.S.-based technology companies. The fund features a deep team of investment professionals conducting rigorous fundamental analysis to identify attractive opportunities. Its portfolio typically includes companies across various technology industries such as semiconductors, software, and internet services. As of early 2025, the fund manages over $2 billion in assets and benchmarks against the Standard & Poor's North American Technology Sector Index. The investment is distributed through Class R2 shares, which have no initial sales charges and carry an annual 0.50% Rule 12b-1 fee, available to eligible investors. Notable holdings often include major technology firms like Meta Platforms, Alphabet, NVIDIA, Microsoft, and Apple, reflecting its focus on prominent growth drivers within the sector.
Fund Family MFS
Category Technology
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MTERX
Share Class R2
Index S&P 500 TR
MTERX had a total return of 14.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.37%.
