3 MFS Mutual Funds to Strengthen Your Portfolio


Renowned global asset manager, MFS aims to provide an array of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company manages worth over $465.9 billion (as of Feb 28, 2019).

The company has 1,900 employees dedicated to addressing clients’ needs. MFS deals in more than 80 portfolios investing in not only domestic and global stocks but also in fixed-income securities. It has investment offices in Boston, Hong Kong, São Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company was founded in 1924 and is headquartered in Boston, MA.

Below we share with you four 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 Mid Cap Growth A OTCAX seeks growth of capital. A large chunk of OTCAX’s assets is invested in issuers having medium market capitalization. These issuers have market cap identical to the ones listed on the Russell Midcap Growth Index for the previous 13 months. MFS Mid Cap Growth A has three-year annualized returns of 18.2%.

OTCAX has an expense ratio of 1.13% compared with the category average of 1.19%.

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 15.2%.

As of February 2019, MFRHX held 108 issues with 4.20% of its assets invested in Microsoft Corp.

MFS International Growth R4 MGRVX seeks capital growth by investing the majority of its assets in foreign equity securities, which comprise emerging market equity securities. The fund invests in equity securities of companies it believes could have better-than-average potential for earnings growth. MGRVX has three-year annualized returns of 12.8%.

David A. Antonelli is one of the fund managers of MGRVX since 2010.

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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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