MFS Mid Cap Value Fund - Class A
MVCAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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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
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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
- MFS Series Trust XI MA United States of America
- IPO Date
- Aug 31, 2001
- CIK
- 0000911637
- Website
- mfs.com
- Similar Companies
- Business
- MFS Mid Cap Value Fund - Class A (MVCAX) is an actively managed open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of issuers with medium market capitalizations, defined as mid-cap value stocks; it emphasizes a flexible valuation approach centered on cash flow and returns-based methodologies, downside risk management at the security level, and identification of attractively valued high-quality companies or those with potential for improvement via a bottom-up global investment platform. The fund normally invests at least 80% of its net assets in such mid-cap issuers across industries and sectors, with a portfolio as of November 30, 2025, comprising 149 issues, 99.67% in stocks, a weighted average market cap of $24.3 billion, and top holdings including Agilent Technologies Inc., Flex Ltd., Hartford Financial Services Group Inc., Corning Inc., and PG&E Corp.; sector allocations feature industrials (19.48%), financials (17.98%), and health care (9.44%), predominantly in the United States (97.28%) with minor exposure to Canada, the United Kingdom, Israel, and Australia. Net assets stood at $17.04 billion as of November 30, 2025, with a net expense ratio of 0.99%, a maximum front-end sales charge of 5.75% for Class A shares, and a fiscal year-end of September; the fund benchmarks against the Russell Midcap Value Index. Launched on August 31, 2001, with Class A inception on the same date, MVCAX operates under MFS Investment Management, a subsidiary of Sun Life Financial founded in 1924 and headquartered at 111 Huntington Avenue, Boston, Massachusetts; MFS, a pioneer of the open-end mutual fund with the Massachusetts Investors Trust, manages over $645 billion in assets as of September 2024 across global investment strategies for institutional and retail investors. The fund targets investors seeking mid-cap value exposure, offering share classes including A (MVCAX), R1 (MVCGX), R2 (MCVRX), R5 (MVCKX), and I (MCVIX), with distributions in December 2025 including short-term capital gains of $0.01853 per share, long-term capital gains of $2.04900 per share, and dividends of $0.39991 per share. In recent developments, MFS announced in December 2025 an agreement to transfer management of nine closed-end funds totaling approximately £1.5 billion to Aberdeen Investments, consolidating them into two larger vehicles to bolster Aberdeen's US fixed income and municipal bond capabilities; this represents a strategic reorganization rather than a direct impact on MVCAX, aligning with MFS's focus on core open-end strategies. Earlier in January 2025, MFS launched its inaugural suite of actively managed ETF products, expanding its offerings amid a broader emphasis on active risk management and long-term discipline; MVCAX maintains its portfolio turnover at 24.07% and active share of 75.52% versus the benchmark as of November 30, 2025, reflecting ongoing bottom-up adjustments without reported manager changes or fund-specific acquisitions. These shifts occur within MFS's strengthened partnerships, such as ongoing collaboration with Sun Life Global Investments leveraging its $615 billion in assets under management.