MFS Conservative Allocation Fund
MACFX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- BOSTON MA 02199 Boston MA United States of America 02199
- IPO Date
- Jul 1, 2002
- CIK
- 0000783740
- Website
- mfs.com
- Similar Companies
- Business
- MFS Conservative Allocation Fund (MACFX) is an open-end mutual fund that seeks a high level of total return consistent with a conservative level of risk relative to other MFS Asset Allocation Funds. The fund pursues this objective through a strategically allocated, broadly diversified portfolio of underlying MFS funds, employing a strategic risk-based approach to portfolio construction that diversifies across and within asset classes while maintaining active management in the component funds; disciplined portfolio management features multi-level risk controls, style consistency, and systematic rules-based rebalancing to sustain target risk profiles. Core holdings include MFS Total Return Bond Fund (approximately 14%), MFS Limited Maturity Fund, MFS Inflation-Adjusted Bond Fund, MFS Government Securities Fund, MFS Global Opportunistic Bond Fund, MFS Value Fund, MFS Research Fund, MFS Growth Fund, and various mid-cap, international, high income, commodity strategy, real estate, and emerging markets debt funds from MFS. Launched on June 28, 2002, with Class A shares commencing the same date, the fund is managed by MFS Investment Management, a Boston-headquartered global asset manager founded in 1924 and a member of the Sun Life Financial group of companies; MFS oversees approximately $480 billion in assets with investment offices worldwide, including Hong Kong, London, Singapore, São Paulo, Sydney, Tokyo, and Toronto. The fund targets individual investors, financial intermediaries, and institutional clients seeking conservative balanced exposure, with net assets of approximately $3.7 billion as of late 2025 and a net expense ratio of 0.83%; it features a maximum front-end sales charge of 5.75% for Class A shares and benchmarks performance against the Bloomberg U.S. Aggregate Bond Index. Geographic operations span global markets through underlying funds, emphasizing U.S. fixed income alongside domestic and international equities, with credit quality allocations including significant U.S. government (around 25-28%), federal agencies, investment-grade corporates, and selective high-yield exposure. In a significant recent management transition, effective June 1, 2025, longtime portfolio manager Joe Flaherty retired from MFS, relinquishing his responsibilities on the fund; this change reflects ongoing portfolio oversight by a dedicated team of quantitative investment professionals who collaborate with the lead manager on asset allocations among underlying MFS funds, incorporating multi-factor quantitative research to complement fundamental analysis. The fund continues to demonstrate adherence to its conservative allocation design, with target allocations maintaining approximately 60% fixed income and 40% equities as evidenced by consistent sector weights and holdings updates through 2025; no major acquisitions, funding rounds, new product launches, or strategic reorganizations have been announced in the past 1-2 years beyond routine operational enhancements like updated capital gain estimates and performance literature releases in November 2025.