MFS Global Real Estate Fund Class A
MGLAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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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
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in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - General
- Address
- Mfs Series Trust Xiii MA United States of America
- IPO Date
- Mar 11, 2009
- CIK
- 0000356349
- Website
- mfs.com
- Similar Companies
- Business
- MFS Global Real Estate Fund Class A (MGLAX) is an open-end mutual fund that seeks total return through investments primarily in equity real estate investment trusts (REITs) and other real estate-related securities, with an emphasis on those believed to offer attractive valuations and above-average growth prospects; it normally invests at least 80% of net assets in U.S. and foreign real estate-related investments, including REITs across sectors such as industrial, data centers, retail, healthcare, and residential properties, as reflected in top holdings like ProLogis REIT, Equinix Inc REIT, and Digital Realty Trust Inc REIT. The fund maintains a diversified portfolio benchmarked against the FTSE EPRA/NAREIT Developed Real Estate Index, with allocations spanning North America (primarily the United States), Asia-Pacific (including Australia, Hong Kong, and Japan), the United Kingdom, and Europe ex-U.K., holding approximately 55-56 issues with a weighted average market cap of around $28-31 billion. Managed by MFS Investment Management, a Boston-based global asset manager founded in 1924 and headquartered at 111 Huntington Avenue, the fund commenced operations on March 11, 2009, with Class A shares also incepted on that date; as of September 30, 2025, net assets stand at $2.22 billion, with a net expense ratio of 1.19% and a maximum front-end sales charge of 5.75%. Recent developments at the parent firm MFS Investment Management include the launch of its first actively managed ETF products in January 2025 and an agreement announced in December 2025 to transfer management of nine closed-end funds totaling approximately £1.5 billion to Aberdeen Investments, consolidating them into two larger vehicles to bolster U.S. fixed income and municipal bond capabilities; no specific acquisitions, partnerships, or strategic shifts directly impacting the MGLAX fund have been reported in the last 1-2 years. The fund targets individual and institutional investors seeking global real estate exposure within the Morningstar Global Real Estate category, distributed through MFS Fund Distributors, Inc. in the United States.