MFS Value Fund Class I
MEIIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 2199 Boston MA United States of America 2199
- IPO Date
- Dec 31, 1996
- CIK
- 0000798244
- Website
- mfs.com
- Similar Companies
- Business
- MFS Value Fund Class I (MEIIX) is an open-end mutual fund managed by MFS Investment Management that seeks capital appreciation by investing primarily in large-cap, high-quality companies trading at attractive valuations; it emphasizes downside risk management, a long-term investment horizon, and cash flow and returns-based valuation methodologies benchmarked against the Russell 1000 Value Index. The fund holds approximately 71 equity securities, with top holdings including JPMorgan Chase & Co., Progressive Corp., McKesson Corp., Cigna Group, and Johnson & Johnson; sector allocations feature overweight positions in financials (31%), industrials (18%), and health care (15%), with over 97% exposure to North American companies, predominantly the United States. Net assets total approximately $55.6 billion as of November 30, 2025, with a net expense ratio of 0.54%; Class I shares, available without a sales charge to eligible investors, were incepted on January 2, 1997, as part of the broader fund launched on January 2, 1996. The fund is managed by a team including Nevin Chitkara (since May 2006), Katherine Cannan (since December 2019), and Thomas Crowley (since December 2024). A significant recent development includes the planned retirement of lead portfolio manager Nevin Chitkara effective May 1, 2026. MFS Investment Management, headquartered in Boston, Massachusetts, operates globally with investment offices in Hong Kong, London, Singapore, São Paulo, Sydney, Tokyo, and Toronto; it ranks as the 33rd largest asset manager worldwide and 9th largest U.S. active long-term mutual fund manager.