MFS Massachusetts Investors Growth Stock Fund (MIGFX)
The investment seeks capital appreciation. The fund normally invests at least 80% of the fund's net assets in stocks. Stocks include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. The advisor focuses on investing the fund's assets in the stocks of companies its advisor believes to have above average earnings growth potential compared to other companies (growth companies).
Fund Info
US5757191094
575719109
Jan 1, 1935
$1,000
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Massachusetts Investors Growth Stock 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 Massachusetts Investors Growth Stock Fund had a return of 17.84% year-to-date (YTD) and 17.92% in the last 12 months. Over the past 10 years, MFS Massachusetts Investors Growth Stock Fund had an annualized return of 7.28%, while the S&P 500 had an annualized return of 11.21%, indicating that MFS Massachusetts Investors Growth Stock Fund did not perform as well as the benchmark.
MIGFX
17.84%
0.37%
6.87%
17.92%
7.05%
7.28%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of MIGFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.09% | 4.60% | 2.23% | -4.49% | 4.95% | 2.34% | 1.26% | 1.90% | 2.33% | -2.65% | 17.84% | ||
| 2023 | 6.18% | -3.62% | 5.33% | 1.32% | 0.17% | 6.64% | 1.56% | -1.28% | -5.31% | -1.83% | 10.33% | -0.25% | 19.65% |
| 2022 | -5.49% | -4.34% | 2.41% | -7.65% | 0.03% | -6.74% | 8.35% | -4.91% | -10.36% | 6.21% | 8.09% | -8.06% | -22.24% |
| 2021 | -2.27% | 2.70% | 3.13% | 6.72% | -0.43% | 0.58% | 4.53% | 2.26% | -5.55% | 6.73% | -1.99% | -2.51% | 13.92% |
| 2020 | 0.33% | -7.56% | -11.39% | 12.08% | 5.67% | 1.90% | 6.43% | 6.01% | -2.06% | -2.41% | 10.19% | -3.28% | 13.98% |
| 2019 | 8.10% | 5.08% | 3.55% | 4.74% | -5.61% | 6.56% | 2.90% | -0.87% | 1.00% | 0.77% | 4.79% | -3.21% | 30.47% |
| 2018 | 6.44% | -2.84% | -1.46% | -0.39% | 2.59% | 1.31% | 3.78% | 3.02% | 1.28% | -7.21% | 2.92% | -15.73% | -8.06% |
| 2017 | 3.46% | 4.56% | 0.92% | 2.42% | 3.21% | -0.11% | 1.73% | 0.63% | 1.39% | 2.86% | 2.96% | -4.16% | 21.45% |
| 2016 | -3.52% | 0.04% | 7.11% | -0.34% | 2.07% | -0.99% | 4.63% | -0.28% | -0.36% | -3.01% | 0.33% | -4.07% | 1.06% |
| 2015 | -2.94% | 6.34% | -1.54% | -0.04% | 1.65% | -2.01% | 2.66% | -6.75% | -2.48% | 8.67% | -0.08% | -7.72% | -5.35% |
| 2014 | -3.33% | 4.71% | -0.35% | -0.17% | 3.00% | 0.97% | -1.71% | 2.64% | -1.82% | 2.45% | 4.58% | 1.13% | 12.38% |
| 2013 | 5.50% | 1.01% | 1.95% | 1.91% | 1.88% | -1.89% | 5.32% | -2.41% | 4.39% | 4.02% | 2.04% | 3.81% | 30.83% |
Expense Ratio
MIGFX features an expense ratio of 0.70%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MIGFX is 37, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Massachusetts Investors Growth Stock Fund (MIGFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Massachusetts Investors Growth Stock Fund provided a 0.35% dividend yield over the last twelve months, with an annual payout of $0.16 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.16 | $0.14 | $0.08 | $0.06 | $0.09 | $0.27 | $0.25 | $0.18 | $0.21 | $1.08 | $0.46 |
Dividend yield | 0.35% | 0.41% | 0.44% | 0.18% | 0.15% | 0.27% | 1.08% | 0.89% | 0.80% | 0.92% | 4.42% | 2.00% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.16 | $0.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.08 | $1.08 |
| 2013 | $0.46 | $0.46 |
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.
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 61.53%, occurring on Mar 9, 2009. Recovery took 1048 trading sessions.
The current MFS Massachusetts Investors Growth Stock Fund drawdown is 0.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.53% | Mar 27, 2000 | 2243 | Mar 9, 2009 | 1048 | May 8, 2013 | 3291 |
| -39.78% | Aug 26, 1987 | 355 | Jan 3, 1989 | 775 | Dec 24, 1991 | 1130 |
| -32.68% | Dec 17, 2019 | 66 | Mar 23, 2020 | 92 | Aug 3, 2020 | 158 |
| -31.39% | Dec 13, 2021 | 210 | Oct 12, 2022 | 486 | Sep 19, 2024 | 696 |
| -30.14% | Jul 7, 1986 | 128 | Dec 31, 1986 | 169 | Aug 25, 1987 | 297 |
Volatility
Volatility Chart
The current MFS Massachusetts Investors Growth Stock Fund volatility is 3.71%, 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.