MFS Growth Fund
MFEIX
NASDAQ- -
USD
- -
- -
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston, MA 2199 Boston MA United States of America 2199
- IPO Date
- Dec 31, 1996
- CIK
- 0000798250
- Website
- mfs.com
- Similar Companies
- Business
- MFS Growth Fund (MFEIX) is an open-end mutual fund managed by MFS Investment Management that seeks capital appreciation by investing primarily in equity securities of U.S. large-cap growth companies with high-quality business models, competitive advantages, high barriers to entry, pricing power, and potential for steady, above-average earnings growth underappreciated by the market; the portfolio emphasizes fundamentals and valuation in position sizing, with approximately 64-65 holdings, a weighted average market cap of around $2 trillion, and top sector allocations to information technology (over 45%), communication services, consumer discretionary, financials, and industrials. Top holdings as of late 2025 typically include NVIDIA Corp., Microsoft Corp., Alphabet Inc. Class A, Apple Inc., Amazon.com Inc., Meta Platforms Inc., Mastercard Inc., Broadcom Inc., Amphenol Corp., and Netflix Inc., representing over 60% of assets; the fund maintains a non-diversified status since its reclassification effective July 10, 2025, with a net expense ratio of 0.58%, portfolio turnover around 36-41%, and active share versus the Russell 1000 Growth Index exceeding 40%. Launched with Class I inception on January 2, 1997 (fund commencement December 29, 1986), it is domiciled in the United States, headquartered at 111 Huntington Avenue, Boston, Massachusetts—the base of MFS Investment Management, founded in 1924—primarily targeting individual and institutional investors seeking U.S. large-growth exposure, with over $46 billion in net assets as of mid-2025. Recent major changes include portfolio manager transitions, with Eric Fischman scheduled to relinquish responsibilities effective June 1, 2026, following a May 2025 notice on MFS Growth strategies; Timothy Dittmer joining as comanager on June 1, 2025, alongside Bradford Mak (since 2021); and the fund's shift from diversified to non-diversified classification in July 2025, alongside announcements of long-term capital gain distributions in December 2024 ($25.50 per share) and July 2025 ($4.13 per share). MFS Investment Management operates globally from offices in Boston, Sydney, London, Toronto, Hong Kong, Singapore, and Tokyo, serving financial advisors, intermediaries, and institutions through a range of mutual funds and other strategies.