- ISIN
- US5529838840
- CUSIP
- 552983884
- Issuer
- MFS
- Inception Date
- Jan 2, 1996
- Category
- Large Cap Blend Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MRGAX Performance Chart
MFS Core Equity Fund (MRGAX) is up 8.4% since the beginning of the year. MRGAX is currently trading at $54 per share. Investors who bought $1,000 worth of MRGAX shares 5 years ago would now be looking at an investment worth $1,656.
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Returns By Period
MFS Core Equity Fund (MRGAX) has returned 8.35% so far this year and 20.87% over the past 12 months. Over the last decade, MRGAX has posted an annualized return of 14.24%, slightly higher than the S&P 500 Index benchmark’s 13.75%.
MFS Core Equity Fund
- 1D
- 0.69%
- 1M
- 3.16%
- YTD
- 8.35%
- 6M
- 8.62%
- 1Y
- 20.87%
- 3Y*
- 17.84%
- 5Y*
- 10.61%
- 10Y*
- 14.24%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
MRGAX Monthly Returns History
Based on dividend-adjusted daily data since Dec 29, 1995, MRGAX's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.9%, while the worst month was Oct 2008 at -19.2%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MRGAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -12.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.84% | -1.06% | -4.81% | 9.29% | 2.65% | 0.69% | 8.35% | ||||||
| 2025 | 4.43% | -2.88% | -5.81% | -0.89% | 6.17% | 4.39% | 2.00% | 1.65% | 1.98% | 1.09% | 0.44% | -0.28% | 12.33% |
| 2024 | 1.10% | 5.66% | 3.30% | -4.87% | 4.28% | 2.41% | 1.45% | 1.93% | 1.40% | -0.37% | 6.26% | -3.56% | 20.01% |
| 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% |
Benchmark Metrics
MFS Core Equity Fund has an annualized alpha of 1.93%, beta of 0.95, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since January 02, 1996.
- This fund captured 101.41% of S&P 500 Index gains but only 94.62% of its losses - a favorable profile for investors.
- With beta of 0.95 and R2 of 0.93, 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
- 1.93%
- Beta
- 0.95
- R²
- 0.93
- Upside Capture
- 101.41%
- Downside Capture
- 94.62%
Expense Ratio
MRGAX has a high expense ratio of 0.93%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MRGAX ranks 38 for risk / return — below 38% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MFS Core Equity Fund (MRGAX) and compare them to S&P 500 Index.
| MRGAX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.77 | 2.39 | -0.61 |
Sortino ratioReturn per unit of downside risk | 2.47 | 3.25 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 3.11 | -0.89 |
Martin ratioReturn relative to average drawdown | 9.38 | 14.38 | -5.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
MFS Core Equity Fund provided a 12.55% dividend yield over the last twelve months, with an annual payout of $6.79 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.79 | $6.79 | $4.15 | $1.15 | $1.45 | $3.46 | $0.63 | $1.12 | $2.98 | $1.94 | $0.97 | $2.73 |
Dividend yield | 12.55% | 13.60% | 8.21% | 2.54% | 3.83% | 7.28% | 1.54% | 3.20% | 11.09% | 6.27% | 3.65% | 11.02% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.79 | $6.79 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.15 | $4.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.45 | $1.45 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.46 | $3.46 |
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.
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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 54.04%, occurring on Mar 9, 2009. Recovery took 752 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.04%Mar 2009 | 1y 4mo | 2y 11mo | 4y 4moNov 2007 - Mar 2012 |
Dot-com crash2000–2002 | -42.02%Oct 2002 | 2y 1mo | 3y 2mo | 5y 3moSep 2000 - Dec 2005 |
COVID crash2020 | -33.41%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 |
Bear market2022 | -23.08%Sep 2022 | 9mo 4d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
1998 bear market1998 | -20.73%Oct 1998 | 2mo 20d | 2mo 29d | 5mo 19dJul 1998 - Jan 1999 |
Drawdown Indicators
| MRGAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.04% | -56.78% | +2.74% |
Max Drawdown (1Y)Largest decline over 1 year | -9.53% | -9.10% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -19.22% | -18.90% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -23.08% | -25.43% | +2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -33.92% | +0.51% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.27% | -10.72% | +2.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 1.97% | +0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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