MFS Emerging Markets Equity Fund (MEMAX)

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MFS Emerging Markets Equity Fund (MEMAX) is up 20.7% since the beginning of the year. MEMAX is currently trading at $52 per share. Investors who bought $1,000 worth of MEMAX shares 5 years ago would now be looking at an investment worth $1,368.

MFS Emerging Markets Equity Fund (MEMAX) has returned 20.70% so far this year and 46.26% over the past 12 months. Over the last ten years, MEMAX has returned 9.26% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Oct 24, 1995, MEMAX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Nov 2022 with a return of +17.5%, while the worst month was Aug 1998 at -29.3%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MEMAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +15.3%, while the worst single day was Oct 15, 2008 at -12.9%.

MFS Emerging Markets Equity Fund has an annualized alpha of 0.92%, beta of 0.72, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since October 25, 1995.

• This fund participated in 106.12% of S&P 500 Index downside but only 96.50% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.48 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

MEMAX has a high expense ratio of 1.31%, indicating above-average management fees.

MEMAX ranks 86 for risk / return — in the top 86% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for MFS Emerging Markets Equity Fund (MEMAX) and compare them to S&P 500 Index.

MFS Emerging Markets Equity Fund provided a 2.05% dividend yield over the last twelve months, with an annual payout of $1.05 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for MFS Emerging Markets Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MFS Emerging Markets Equity 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 Emerging Markets Equity Fund was 67.04%, occurring on Nov 20, 2008. Recovery took 2296 trading sessions.

The chart below shows the rolling one-month volatility.