MFS Massachusetts Investors Growth Stock Fund Class R6 (MIGNX)
The fund seeks capital appreciation by investing in stocks of companies with above-average earnings growth potential (growth companies).
Fund Info
US5757198289
Jun 1, 2012
Russell 1000 Growth Index
Large-Cap
Growth
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Massachusetts Investors Growth Stock Fund Class R6, 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 Class R6 had a return of 16.22% year-to-date (YTD) and 18.18% in the last 12 months. Over the past 10 years, MFS Massachusetts Investors Growth Stock Fund Class R6 had an annualized return of 7.84%, while the S&P 500 had an annualized return of 11.16%, indicating that MFS Massachusetts Investors Growth Stock Fund Class R6 did not perform as well as the benchmark.
MIGNX
16.22%
-2.37%
5.94%
18.18%
7.22%
7.84%
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of MIGNX, 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 | 1.12% | 4.64% | 2.25% | -4.45% | 4.96% | 2.38% | 1.29% | 1.92% | 2.35% | -2.61% | 16.22% | ||
| 2023 | 6.18% | -3.61% | 5.36% | 1.35% | 0.19% | 6.71% | 1.57% | -1.25% | -5.28% | -1.80% | 10.36% | -0.08% | 20.20% |
| 2022 | -5.47% | -4.31% | 2.44% | -7.63% | 0.08% | -6.73% | 8.40% | -4.89% | -10.31% | 6.22% | 8.13% | -7.88% | -21.85% |
| 2021 | -2.24% | 2.74% | 3.18% | 6.73% | -0.40% | 0.68% | 4.55% | 2.29% | -5.51% | 6.75% | -1.96% | -2.16% | 14.77% |
| 2020 | 0.38% | -7.55% | -11.36% | 12.14% | 5.67% | 1.93% | 6.48% | 6.03% | -2.04% | -2.38% | 10.22% | -3.03% | 14.63% |
| 2019 | 8.13% | 5.14% | 3.54% | 4.79% | -5.62% | 6.62% | 2.93% | -0.84% | 1.03% | 0.78% | 4.81% | -2.97% | 31.17% |
| 2018 | 6.47% | -2.83% | -1.42% | -0.34% | 2.58% | 1.38% | 3.77% | 3.06% | 1.30% | -7.18% | 2.96% | -15.50% | -7.52% |
| 2017 | 3.51% | 4.61% | 0.94% | 2.43% | 3.24% | -0.07% | 1.75% | 0.65% | 1.43% | 2.92% | 2.94% | -3.98% | 22.05% |
| 2016 | -3.52% | 0.13% | 7.11% | -0.29% | 2.06% | -0.97% | 4.68% | -0.27% | -0.31% | -2.97% | 0.36% | -3.95% | 1.51% |
| 2015 | -2.87% | 6.32% | -1.51% | 0.00% | 1.69% | -2.00% | 2.71% | -6.74% | -2.46% | 8.71% | -0.04% | -7.59% | -4.90% |
| 2014 | -3.30% | 4.74% | -0.34% | -0.13% | 3.02% | 0.99% | -1.68% | 2.66% | -1.78% | 2.47% | 4.63% | 1.46% | 13.12% |
| 2013 | 5.55% | 1.04% | 1.96% | 1.97% | 1.88% | -1.85% | 5.31% | -2.35% | 4.44% | 4.06% | 2.08% | 4.11% | 31.70% |
Expense Ratio
MIGNX features an expense ratio of 0.37%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MIGNX is 42, 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 Class R6 (MIGNX) 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 Class R6 provided a 0.61% dividend yield over the last twelve months, with an annual payout of $0.29 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 | $0.29 | $0.29 | $0.27 | $0.21 | $0.18 | $0.19 | $0.37 | $0.34 | $0.27 | $0.30 | $1.25 | $0.59 |
Dividend yield | 0.61% | 0.71% | 0.78% | 0.47% | 0.46% | 0.56% | 1.43% | 1.20% | 1.15% | 1.28% | 4.98% | 2.53% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Massachusetts Investors Growth Stock Fund Class R6. 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 | $0.29 | $0.29 |
| 2022 | $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 |
| 2021 | $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 |
| 2020 | $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 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $1.25 |
| 2013 | $0.59 | $0.59 |
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 Class R6. 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 Class R6 was 32.47%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current MFS Massachusetts Investors Growth Stock Fund Class R6 drawdown is 2.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.47% | Dec 17, 2019 | 66 | Mar 23, 2020 | 84 | Jul 22, 2020 | 150 |
| -30.99% | Dec 13, 2021 | 210 | Oct 12, 2022 | 436 | Jul 10, 2024 | 646 |
| -24.42% | Sep 24, 2018 | 64 | Dec 24, 2018 | 122 | Jun 20, 2019 | 186 |
| -17.17% | May 22, 2015 | 183 | Feb 11, 2016 | 126 | Aug 11, 2016 | 309 |
| -8.67% | Jan 29, 2018 | 9 | Feb 8, 2018 | 81 | Jun 6, 2018 | 90 |
Volatility
Volatility Chart
The current MFS Massachusetts Investors Growth Stock Fund Class R6 volatility is 3.70%, 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.