- ISIN
- US5757194064
- CUSIP
- 575719406
- Issuer
- MFS
- Inception Date
- Jan 1, 1932
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MGTIX Performance Chart
MFS Massachusetts Investors Growth Stock Fund (MGTIX) is down 2.9% since the beginning of the year. MGTIX is currently trading at $42 per share. Investors who bought $1,000 worth of MGTIX shares 5 years ago would now be looking at an investment worth $1,589.
Loading charts...
Returns By Period
MFS Massachusetts Investors Growth Stock Fund (MGTIX) has returned -2.91% so far this year and 7.76% over the past 12 months. Looking at the last ten years, MGTIX has achieved an annualized return of 14.66%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
MFS Massachusetts Investors Growth Stock Fund
- 1D
- 0.98%
- 1M
- -0.68%
- YTD
- -2.91%
- 6M
- -3.11%
- 1Y
- 7.76%
- 3Y*
- 13.61%
- 5Y*
- 9.71%
- 10Y*
- 14.66%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MGTIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1996, MGTIX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 59% of months were positive and 41% were negative. The best month was Dec 1999 with a return of +14.6%, while the worst month was Oct 2008 at -17.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MGTIX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.9%, while the worst single day was Dec 23, 1997 at -17.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.73% | -2.42% | -6.35% | 7.41% | 2.07% | -2.37% | -2.91% | ||||||
| 2025 | 2.47% | -1.35% | -6.10% | -1.31% | 6.05% | 3.85% | 2.80% | 0.67% | 1.84% | 2.33% | -1.05% | 0.12% | 10.23% |
| 2024 | 1.12% | 4.63% | 2.26% | -4.46% | 4.95% | 2.36% | 1.33% | 1.93% | 2.34% | -2.62% | 4.46% | 6.70% | 27.38% |
| 2023 | 6.20% | -3.62% | 5.34% | 1.32% | 0.19% | 6.70% | 1.57% | -1.25% | -5.29% | -1.84% | 10.39% | 3.48% | 24.40% |
| 2022 | -5.46% | -4.34% | 2.45% | -7.65% | 0.08% | -6.75% | 8.55% | -4.90% | -10.33% | 6.21% | 8.15% | -4.58% | -18.99% |
| 2021 | -2.24% | 2.72% | 3.18% | 6.74% | -0.42% | 2.28% | 4.56% | 2.27% | -5.50% | 6.74% | -1.96% | 6.13% | 26.41% |
Benchmark Metrics
MFS Massachusetts Investors Growth Stock Fund has an annualized alpha of 1.68%, beta of 0.97, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since December 31, 1996.
- This fund captured 102.82% of S&P 500 Index gains but only 96.88% of its losses - a favorable profile for investors.
- With beta of 0.97 and R2 of 0.89, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.68%
- Beta
- 0.97
- R²
- 0.89
- Upside Capture
- 102.82%
- Downside Capture
- 96.88%
Expense Ratio
MGTIX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MGTIX ranks 7 for risk / return — in the bottom 7% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MGTIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MGTIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | 2.78 | -2.25 |
| Martin ratioReturn relative to average drawdown | 1.74 | 12.44 | -10.70 |
Dividends
Dividend History
MFS Massachusetts Investors Growth Stock Fund provided a 11.41% dividend yield over the last twelve months, with an annual payout of $4.84 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.84 | $4.84 | $7.43 | $1.71 | $1.58 | $4.56 | $2.88 | $2.51 | $2.79 | $1.95 | $1.18 | $1.56 |
Dividend yield | 11.41% | 11.08% | 16.84% | 4.17% | 4.59% | 10.30% | 7.43% | 7.38% | 10.72% | 6.83% | 5.00% | 6.61% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Massachusetts Investors Growth Stock 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $4.51 | $4.84 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $7.42 | $7.43 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.71 | $1.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $1.52 | $1.58 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.87 | $4.56 |
Drawdowns
Drawdowns Chart
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Massachusetts Investors Growth Stock 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 Massachusetts Investors Growth Stock Fund was 60.05%, occurring on Mar 9, 2009. Recovery took 994 trading sessions.
The current MFS Massachusetts Investors Growth Stock Fund drawdown is 4.93%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.05%Mar 2009 | 8y 11mo | 3y 11mo | 12y 11moMar 2000 - Feb 2013 |
COVID crash2020 | -32.42%Mar 2020 | 1mo 2d | 4mo 1d | 5mo 3dFeb 2020 - Jul 2020 |
1998 bear market1998 | -26.84%Oct 1998 | 2mo 19d | 1mo 20d | 4mo 9dJul 1998 - Nov 1998 |
Bear market2022 | -26.52%Oct 2022 | 9mo 16d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
1997 bear market1997 | -22.46%Dec 1997 | 15d | 6mo 2d | 6mo 17dDec 1997 - Jun 1998 |
Drawdown Indicators
| MGTIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.05% | -56.78% | -3.27% |
Max Drawdown (1Y)Largest decline over 1 year | -13.71% | -9.10% | -4.61% |
Max Drawdown (3Y)Largest decline over 3 years | -18.65% | -18.90% | +0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -26.52% | -25.43% | -1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -32.42% | -33.92% | +1.50% |
Current DrawdownCurrent decline from peak | -4.93% | -1.80% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -17.11% | -10.71% | -6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 2.03% | +2.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MGTIX
Add MFS Massachusetts Investors Growth Stock Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MGTIX