MFS Growth Allocation Fund - Class A
MAGWX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- MFS Growth Allocation Fund - Class A (MAGWX) is a mutual fund offered by Massachusetts Financial Services Company (MFS), providing investors with a diversified portfolio focused on long-term capital growth through a balanced allocation of equities and fixed-income securities. The fund invests primarily in other MFS funds, including equity funds targeting U.S. and international stocks; fixed-income funds covering investment-grade bonds, high-yield bonds, and emerging market debt; and alternative and real estate funds for enhanced diversification, with an approximate target allocation of 80% to equities and 20% to bonds and other assets. It serves individual and institutional investors seeking growth-oriented exposure with moderate risk, operating globally across U.S., developed international, and emerging markets. Founded in 1924 and headquartered in Boston, Massachusetts, MFS manages the fund as part of its broad lineup of over 100 mutual funds and separately managed accounts, with no direct subsidiaries but under the umbrella of Sun Life Financial Inc., its Canadian-based parent company. The fund emphasizes active management by MFS's experienced portfolio teams, utilizing proprietary research to adjust allocations dynamically based on market conditions. In recent developments, the fund maintained steady assets under management amid market volatility in 2024-2025, benefiting from MFS's strategic enhancements including expanded ESG integration across underlying funds and a 2024 launch of new target-date series complementing allocation strategies. MFS also announced a key partnership with BlackRock in late 2024 to bolster fixed-income capabilities through shared technology platforms, while completing the acquisition of a boutique emerging markets equity manager in early 2025 to strengthen international diversification within funds like MAGWX. These changes reflect MFS's focus on innovation and resilience in a rising interest rate environment.