MFS Core Equity Fund (MRGAX)
The investment seeks capital appreciation. The fund normally invests at least 80% of the fund's net assets in equity securities. It may invest the fund's assets in the stocks of companies the adviser believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies the adviser believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies.
Fund Info
| ISIN | US5529838840 |
|---|---|
| CUSIP | 552983884 |
| Issuer | MFS |
| Inception Date | Jan 2, 1996 |
| Category | Large Cap Blend Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
MRGAX has a high expense ratio of 0.93%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MRGAX vs. CMNWX, MRGAX vs. ALBAX, MRGAX vs. GSPKX, MRGAX vs. PMYYX, MRGAX vs. FXAIX, MRGAX vs. TRLGX, MRGAX vs. VGHCX, MRGAX vs. PRWAX, MRGAX vs. VTHR, MRGAX vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Core Equity 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 Core Equity Fund had a return of 23.37% year-to-date (YTD) and 34.67% in the last 12 months. Over the past 10 years, MFS Core Equity Fund had an annualized return of 13.10%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 23.37% | 25.45% |
| 1 month | 3.72% | 2.91% |
| 6 months | 12.64% | 14.05% |
| 1 year | 34.67% | 35.64% |
| 5 years (annualized) | 14.49% | 14.13% |
| 10 years (annualized) | 13.10% | 11.39% |
Monthly Returns
The table below presents the monthly returns of MRGAX, 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 | 1.10% | 5.66% | 3.30% | -4.87% | 4.28% | 2.41% | 1.45% | 1.93% | 1.40% | -0.37% | 23.37% | ||
| 2023 | 6.43% | -3.22% | 2.51% | 1.72% | -0.39% | 6.43% | 2.82% | -1.82% | -4.65% | -2.14% | 9.14% | 4.99% | 22.88% |
| 2022 | -5.91% | -2.03% | 2.05% | -7.89% | 0.87% | -7.51% | 8.82% | -4.23% | -8.34% | 8.11% | 4.63% | -5.26% | -17.24% |
| 2021 | -1.32% | 3.10% | 4.00% | 5.53% | 0.57% | 2.12% | 2.63% | 2.77% | -4.62% | 6.26% | -2.04% | 4.31% | 25.26% |
| 2020 | 0.63% | -8.15% | -12.40% | 12.92% | 4.91% | 1.64% | 5.10% | 7.17% | -3.83% | -2.49% | 10.69% | 4.02% | 18.56% |
| 2019 | 8.86% | 3.59% | 1.52% | 4.46% | -5.33% | 6.64% | 1.60% | -1.49% | 1.29% | 1.37% | 3.57% | 3.26% | 32.72% |
| 2018 | 4.94% | -3.08% | -1.59% | 0.32% | 2.64% | 0.85% | 3.14% | 3.01% | 0.47% | -7.72% | 2.71% | -8.83% | -4.12% |
| 2017 | 2.86% | 3.37% | 0.35% | 1.38% | 2.75% | 0.51% | 2.06% | 0.56% | 2.27% | 2.50% | 2.88% | 0.67% | 24.46% |
| 2016 | -5.04% | -0.85% | 6.64% | 0.36% | 2.08% | 0.35% | 3.99% | 0.45% | -0.41% | -1.62% | 3.32% | 1.79% | 11.12% |
| 2015 | -3.33% | 7.23% | -0.77% | 0.04% | 1.69% | -1.11% | 1.12% | -5.88% | -3.97% | 6.78% | 0.68% | -0.30% | 1.36% |
| 2014 | -2.90% | 5.20% | -0.69% | -0.59% | 2.21% | 2.52% | -1.33% | 3.92% | -1.99% | 2.10% | 2.33% | 1.29% | 12.39% |
| 2013 | 5.49% | 1.74% | 3.50% | 1.16% | 2.95% | -0.73% | 5.13% | -2.38% | 3.53% | 3.73% | 3.05% | 2.86% | 34.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MRGAX is 81, placing it in the top 19% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Core Equity Fund provided a 0.52% dividend yield over the last twelve months, with an annual payout of $0.29 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.15 | $0.08 | $0.15 | $0.15 | $0.16 | $0.17 | $0.16 | $2.87 | $2.40 | $0.17 |
Dividend yield | 0.52% | 0.65% | 0.39% | 0.16% | 0.37% | 0.43% | 0.60% | 0.54% | 0.60% | 11.57% | 8.70% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Core Equity 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 | $0.29 | $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 | $0.15 | $0.15 |
| 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 | $0.15 | $0.15 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2018 | $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 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.87 | $2.87 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.40 | $2.40 |
| 2013 | $0.17 | $0.17 |
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 Core 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 Core Equity Fund was 53.66%, occurring on Mar 9, 2009. Recovery took 541 trading sessions.
The current MFS Core Equity Fund drawdown is 0.23%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.66% | Nov 1, 2007 | 338 | Mar 9, 2009 | 541 | Apr 29, 2011 | 879 |
| -41.71% | Sep 8, 2000 | 520 | Oct 9, 2002 | 786 | Nov 22, 2005 | 1306 |
| -33.42% | Feb 20, 2020 | 23 | Mar 23, 2020 | 99 | Aug 12, 2020 | 122 |
| -23.08% | Dec 30, 2021 | 198 | Oct 12, 2022 | 295 | Dec 14, 2023 | 493 |
| -20.73% | Jul 20, 1998 | 59 | Oct 8, 1998 | 110 | Mar 11, 1999 | 169 |
Volatility
Volatility Chart
The current MFS Core Equity Fund volatility is 3.73%, 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.