MFS Mid Cap Growth Fund (OTCAX)
The fund invests at least 80% of the fund's net assets in issuers with medium market capitalizations. MFS generally defines medium market capitalization issuers as issuers with market capitalizations similar to those of issuers included in the Russell Midcap Growth Index over the last 13 months at the time of purchase.
Fund Info
| ISIN | US5529877038 |
|---|---|
| CUSIP | 552987703 |
| Issuer | MFS |
| Inception Date | Dec 1, 1993 |
| Category | Mid Cap Growth Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
OTCAX has a high expense ratio of 1.00%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS Mid Cap Growth 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 Mid Cap Growth Fund had a return of 10.13% year-to-date (YTD) and 26.78% in the last 12 months. Over the past 10 years, MFS Mid Cap Growth Fund had an annualized return of 11.98%, outperforming the S&P 500 benchmark which had an annualized return of 10.97%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.13% | 11.29% |
| 1 month | 4.43% | 4.87% |
| 6 months | 18.13% | 17.88% |
| 1 year | 26.78% | 29.16% |
| 5 years (annualized) | 10.38% | 13.20% |
| 10 years (annualized) | 11.98% | 10.97% |
Monthly Returns
The table below presents the monthly returns of OTCAX, 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 | 1.08% | 7.58% | 1.79% | -6.15% | 10.13% | ||||||||
| 2023 | 7.15% | -2.53% | 2.86% | -0.97% | -0.43% | 6.58% | 1.60% | -1.26% | -5.43% | -3.34% | 11.10% | 5.19% | 21.00% |
| 2022 | -14.13% | -3.01% | 1.32% | -10.27% | -1.50% | -6.55% | 10.86% | -5.61% | -8.47% | 5.57% | 7.02% | -5.23% | -28.53% |
| 2021 | -2.45% | 0.51% | -0.54% | 5.93% | -2.20% | 4.14% | 3.94% | 3.24% | -4.77% | 6.60% | -3.74% | 3.03% | 13.66% |
| 2020 | 2.95% | -6.24% | -13.11% | 12.54% | 10.23% | 1.60% | 7.52% | 3.18% | 0.32% | -1.58% | 9.90% | 6.35% | 35.34% |
| 2019 | 9.46% | 5.62% | 2.69% | 5.24% | -3.01% | 6.90% | 1.25% | -0.25% | -1.19% | 0.50% | 4.49% | 1.22% | 37.43% |
| 2018 | 7.13% | -2.80% | 1.14% | -0.65% | 4.36% | 2.06% | 1.63% | 5.80% | -0.05% | -9.71% | 1.85% | -8.45% | 0.82% |
| 2017 | 2.68% | 3.03% | 1.03% | 2.64% | 4.16% | 0.06% | 2.40% | 0.99% | 1.53% | 3.68% | 1.86% | -0.65% | 25.95% |
| 2016 | -6.00% | -1.22% | 6.85% | 0.07% | 2.38% | -0.42% | 4.87% | -0.20% | -0.27% | -3.45% | 1.54% | 0.74% | 4.34% |
| 2015 | -2.46% | 7.28% | 0.97% | -0.75% | 1.66% | -0.14% | 2.79% | -4.70% | -4.44% | 6.54% | 0.75% | -2.55% | 4.23% |
| 2014 | -2.27% | 5.69% | -2.69% | -2.18% | 1.64% | 2.20% | -1.29% | 4.65% | -2.57% | 3.70% | 2.20% | 0.26% | 9.21% |
| 2013 | 6.01% | 1.80% | 3.16% | -0.09% | 2.70% | -0.61% | 5.47% | -0.75% | 5.31% | 2.32% | 2.58% | 4.20% | 36.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OTCAX is 61, 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.
OTCAX (MFS Mid Cap Growth Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS Mid Cap Growth Fund (OTCAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS Mid Cap Growth Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $1.12 | $0.23 | $0.18 | $0.73 | $1.41 | $0.78 | $0.40 | $0.98 |
Dividend yield | 0.00% | 0.00% | 0.00% | 3.64% | 0.83% | 0.86% | 4.70% | 8.80% | 5.67% | 2.84% | 7.09% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS Mid Cap Growth 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 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $1.12 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2019 | $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 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $1.41 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2014 | $0.98 | $0.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS Mid Cap Growth 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 Mid Cap Growth Fund was 73.07%, occurring on Nov 20, 2008. Recovery took 1569 trading sessions.
The current MFS Mid Cap Growth Fund drawdown is 7.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -73.07% | Jul 14, 2000 | 2096 | Nov 20, 2008 | 1569 | Feb 19, 2015 | 3665 |
| -37.06% | Dec 9, 2021 | 214 | Oct 14, 2022 | — | — | — |
| -34.01% | Apr 22, 1998 | 119 | Oct 8, 1998 | 58 | Dec 31, 1998 | 177 |
| -33.64% | Feb 20, 2020 | 23 | Mar 23, 2020 | 74 | Jul 8, 2020 | 97 |
| -23.06% | Mar 13, 2000 | 25 | Apr 14, 2000 | 45 | Jun 20, 2000 | 70 |
Volatility
Volatility Chart
The current MFS Mid Cap Growth Fund volatility is 4.45%, 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.