MFS Mid Cap Value Fund Class R6
MVCKX
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
FRC
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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
- Boston, MA 2199 Boston MA United States of America 2199
- IPO Date
- Feb 1, 2013
- CIK
- 0000911637
- Website
- mfs.com
- Similar Companies
- Business
- MFS Mid Cap Value Fund Class R6 (MVCKX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of issuers with medium market capitalizations, defined as those similar to companies in the Russell Midcap Value Index; it normally allocates at least 80% of net assets to such mid-cap value stocks, emphasizing cash flow and returns-based valuation methodologies, downside risk management at the security level, and bottom-up selection of high-quality companies with low market expectations or improvement potential. The fund offers no sales charge for eligible investors, features a net expense ratio of 0.62%, and maintains a portfolio of approximately 144 issues with weighted average market capitalization of $23.9 billion, active share of 76.34% versus the benchmark, and sector allocations led by industrials (18.73%), financials (18.39%), and consumer discretionary (9.18%); top holdings as of September 30, 2025, include Corning Inc., Flex Ltd., Raymond James Financial Inc., Hartford Insurance Group Inc., and Willis Towers Watson PLC. Managed by MFS Investment Management since fund commencement on August 31, 2001, with this R6 share class launched February 1, 2013, the fund is domiciled in the United States, primarily targets U.S. investors through retirement plans and institutional channels, and operates with net assets of $17.1 billion as of September 30, 2025. Headquartered at 111 Huntington Avenue, Boston, Massachusetts, as part of MFS Investment Management, a provider of mutual funds and investment products, the fund benchmarks against the Russell Midcap Value Index and exhibits characteristics such as a weighted average price/earnings ratio of 14.72x (next 12 months), price/cash flow of 10.73x, and portfolio turnover of 23.61%. Portfolio managers include Brooks Taylor and Kevin Schmitz (since November 20, 2008) and Richard Offen (since June 30, 2021), leveraging MFS's global investment platform for security selection. Recent developments include the declaration of 2024 year-end distributions paid December 11, 2024, comprising a long-term capital gain of $2.84412 per share, short-term capital gain of $0.23023 per share, and dividend of $0.41850 per share; 2025 capital gain estimates released October 8, 2025; and continuation of contractual fee waivers through at least January 31, 2026, supporting the net expense ratio. The fund reported net assets growth to $17.1 billion as of September 30, 2025, reflecting strong performance with 14.11% annual return in 2024 (outperforming the benchmark's 13.07%) and year-to-date gains updated daily as of October 13, 2025. No major acquisitions, partnerships, or strategic shifts reported in the last 1-2 years; ongoing enhancements include Barron's annual rankings flyer issued March 6, 2025, and midcap capabilities literature as of June 30, 2025.