MFS Equity Income Fund (EQNIX)
The fund normally invests at least 80% of its net assets in equity securities. It invests the majority of its assets in dividend-paying common stocks, but may invest in other types of income-producing securities, including convertible securities, preferred stocks, and equity interests in REITs, and may also invest in non-income-producing equity securities. The fund may invest its assets in foreign securities.
Fund Info
| ISIN | US5529885940 |
|---|---|
| Issuer | MFS |
| Inception Date | Sep 27, 2012 |
| Category | Large Cap Value Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
EQNIX has a high expense ratio of 0.64%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EQNIX vs. IDIVX, EQNIX vs. QQQ, EQNIX vs. GSFTX, EQNIX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Equity Income 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 Equity Income Fund had a return of 6.72% year-to-date (YTD) and 23.69% in the last 12 months. Over the past 10 years, MFS Equity Income Fund had an annualized return of 9.99%, while the S&P 500 had an annualized return of 10.64%, indicating that MFS Equity Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.72% | 7.50% |
| 1 month | -1.78% | -1.61% |
| 6 months | 17.80% | 17.65% |
| 1 year | 23.69% | 26.26% |
| 5 years (annualized) | 11.61% | 11.73% |
| 10 years (annualized) | 9.99% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.86% | 2.81% | 5.27% | -3.77% | ||||||||
| 2023 | -2.58% | 7.43% | 6.33% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EQNIX is 86, placing it in the top 14% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
MFS Equity Income Fund(EQNIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Equity Income Fund (EQNIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Equity Income Fund granted a 3.91% dividend yield in the last twelve months. The annual payout for that period amounted to $0.82 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.82 | $0.80 | $1.11 | $1.70 | $0.65 | $0.38 | $0.99 | $0.84 | $0.34 | $0.43 | $0.55 | $0.36 |
Dividend yield | 3.91% | 4.05% | 6.25% | 8.38% | 3.71% | 2.29% | 7.27% | 5.35% | 2.42% | 3.33% | 4.14% | 2.84% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Equity Income 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 | $0.10 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.83 |
| 2021 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $1.41 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.37 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 |
| 2018 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.72 |
| 2017 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.58 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.26 |
| 2014 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.35 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.22 |
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 Equity Income 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 Equity Income Fund was 36.60%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current MFS Equity Income Fund drawdown is 2.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.6% | Feb 13, 2020 | 27 | Mar 23, 2020 | 166 | Nov 16, 2020 | 193 |
| -18.64% | Jan 13, 2022 | 180 | Sep 30, 2022 | 195 | Jul 13, 2023 | 375 |
| -18.01% | Jan 29, 2018 | 229 | Dec 24, 2018 | 130 | Jul 2, 2019 | 359 |
| -16.08% | Jul 17, 2015 | 145 | Feb 11, 2016 | 106 | Jul 14, 2016 | 251 |
| -10.29% | Aug 1, 2023 | 63 | Oct 27, 2023 | 32 | Dec 13, 2023 | 95 |
Volatility
Volatility Chart
The current MFS Equity Income Fund volatility is 3.42%, 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.