Looking for spectacular returns? Here are 3 MFS mutual funds – October 13, 2021


Founded in 1924, MFS (Massachusetts Financial Services) had $ 685.5 billion in assets under management as of August 31, 2021. The company manages more than 80 portfolios, which invest in national and global equities as well as debt securities fixed income. It focuses on providing a wide variety of financial products and services to meet the needs of investors as well as 10,000 investment professionals.

MFS is headquartered in Boston, MA and has investment offices in Hong Kong, Sao Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company has more than 1,900 dedicated employees who effectively meet the needs of its customers. Its investment approach includes integrated study, international cooperation and risk management expertise.

Below, we share with you three of the top rated MFS mutual funds. Each has a Zacks mutual fund ranking of No.1 (strong buy) or 2 (buy) and are expected to outperform their peers in the future. Investors can click here to view the full list of funds.

MFS Emerging Markets Debt Local Currency Fund Category A (EMLAX Free Report) aims for total return with an emphasis on high current income. The fund invests the majority of its assets in debt securities of issuers economically linked to emerging countries and denominated in local currencies and in derivative instruments with economic characteristics similar to these instruments. The fund is ranked # 1 among Zacks mutual funds and has generated a 4% return over the past three years.

At the end of August 2021, EMLAX held 594 issues with 6.93% of its assets invested in Brazil (Federal Republic) at 10%.

MFS Mid Cap Value Fund, Class R4 (MVCJX Free Report) seeks capital appreciation and invests the majority of its assets in mid-market capitalization companies. These companies have a market capitalization similar to that of the companies included in the Russell Midcap Value Index. MVCJX is ranked 2 among Zacks mutual funds and has three-year annualized returns of 11.4%.

Kevin J. Schmitz has been the fund manager of MVCJX since 2008.

MFS Growth Fund Class R3 (MFEHX Free Report) focuses on capital appreciation by investing primarily in equity securities. The fund advisor invests the assets of MFEHX in stocks of companies that he believes offer above-average earnings growth potential compared to other growth companies. MFEHX is Zacks # 1 ranked and has three-year annualized returns of 20.4%.

MFEHX has an expense ratio of 0.87% compared to the category average of 0.99%.

To view the Zacks Rankings and past performance of all MFS mutual funds, investors can click here to view the full fund list.

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