Founded in 1924, MFS had nearly $472.9 billion in assets under management as of Mar 31, 2019. MFS deals in more than 60 portfolios, which invests in both domestic and global stocks as well as in fixed-income debt securities. The company focuses on providing a wide variety of financial products and services to fulfil the needs of investors as well as 10,000 investment professionals.
MFS is headquartered in Boston, MA and has investment offices in Hong Kong, Sao Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company has 1,700 employees dedicated to address clients' needs. Its investment approach includes integrated study, international cooperation and effective risk management.
Below we share with you three top-rated MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of MFS funds.
MFS Massachusetts Investor Growth STK A MIGFX aims for capital appreciation by investing 80% of its assets in stocks. These stocks may consist of common stocks or other securities that represent an ownership interest in a company or other issuer. MIGFX has three-year annualized returns of 16.1%.
MIGFX has an expense ratio of 0.73% compared with the category average of 1.06%.
MFS Research R3 MFRHX generally invests in common stocks of companies that are expected to have long-term growth prospects. MFRFX invests in securities of companies of any market cap with primary focus on large-cap companies. The fund seeks appreciation of capital. MFS Research A has three-year annualized returns of 13.6%.
As of February 2019, MFRHX held 109 issues with 4.31% of its assets invested in Microsoft Corp.
MFS Global Growth R6 MWOKX invests its assets mainly in domestic and foreign companies. MWOKX focuses on investing primarily in growth companies. It seeks appreciation of capital. MFS Mid Cap Growth R6 has three-year annualized returns of 13.7%.
Jeffrey C. Constantino is the fund manager of MWOKX since 2008.
To view the Zacks Rank and past performance of all MFS mutual funds, investors can click here to see the complete list of MFS funds.
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