MFS Global Alternative Strategy Fund (DVRIX)
MFS (Massachusetts Financial Services Company, the fund's investment adviser) seeks to achieve a total rate of return for the fund that meets or exceeds the FTSE 1-Month U.S. Treasury Bill Index plus 2% to 4%, net of fund expenses, over a full market cycle.
Fund Info
| ISIN | US55276T4040 |
|---|---|
| Issuer | MFS |
| Inception Date | Dec 19, 2007 |
| Category | Macro Trading |
| Min. Investment | $0 |
| Asset Class | Multi-Asset |
Expense Ratio
DVRIX has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: DVRIX vs. BIL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Global Alternative Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MFS Global Alternative Strategy Fund had a return of 6.30% year-to-date (YTD) and 11.70% in the last 12 months. Over the past 10 years, MFS Global Alternative Strategy Fund had an annualized return of 3.43%, while the S&P 500 had an annualized return of 10.64%, indicating that MFS Global Alternative Strategy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.30% | 7.50% |
| 1 month | 0.16% | -1.61% |
| 6 months | 9.72% | 17.65% |
| 1 year | 11.70% | 26.26% |
| 5 years (annualized) | 4.72% | 11.73% |
| 10 years (annualized) | 3.43% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.40% | 1.54% | 1.83% | -0.08% | ||||||||
| 2023 | -0.17% | 3.86% | 0.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DVRIX is 96, placing it in the top 4% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
MFS Global Alternative Strategy Fund(DVRIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Global Alternative Strategy Fund (DVRIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Global Alternative Strategy Fund granted a 1.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.14 | $0.07 | $0.07 | $0.07 | $0.13 | $0.11 | $0.22 | $0.28 | $0.12 | $0.12 | $0.15 |
Dividend yield | 1.09% | 1.16% | 0.60% | 0.60% | 0.64% | 1.14% | 1.11% | 2.17% | 2.87% | 1.15% | 1.10% | 1.44% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Global Alternative Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2013 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Global Alternative Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MFS Global Alternative Strategy Fund was 39.62%, occurring on Dec 11, 2008. Recovery took 316 trading sessions.
The current MFS Global Alternative Strategy Fund drawdown is 0.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.62% | May 20, 2008 | 143 | Dec 11, 2008 | 316 | Mar 17, 2010 | 459 |
| -12.8% | Feb 20, 2020 | 23 | Mar 23, 2020 | 104 | Aug 19, 2020 | 127 |
| -10.71% | Apr 14, 2015 | 415 | Dec 1, 2016 | 554 | Feb 15, 2019 | 969 |
| -9.88% | Sep 3, 2021 | 270 | Sep 29, 2022 | 280 | Nov 9, 2023 | 550 |
| -7.11% | Apr 27, 2010 | 47 | Jul 1, 2010 | 129 | Jan 4, 2011 | 176 |
Volatility
Volatility Chart
The current MFS Global Alternative Strategy Fund volatility is 1.15%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.