MFS Global Equity Fund Class A
MWEFX
NASDAQ- -
USD
- -
- -
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 - Global
- Address
- 111 Huntington Avenue Boston MA United States of America 2199
- IPO Date
- Sep 7, 1993
- CIK
- 0000863032
- Website
- mfs.com
- Similar Companies
- Business
- MFS Global Equity Fund Class A (MWEFX) is an open-end mutual fund managed by MFS Investment Management that seeks capital appreciation by investing primarily in a diversified portfolio of larger-cap global equities employing a "growth at a reasonable price" strategy with a long-term investment horizon. The fund allocates approximately 99% of its assets to common stocks across key sectors including financials (around 19%), health care (18%), industrials (18%), consumer discretionary (12%), and information technology (12%); top holdings typically include companies such as Microsoft Corp., Visa Inc., Alphabet Inc. Class A, Amazon.com Inc., and Medtronic PLC; regional exposure emphasizes North America (primarily the United States at over 50%), Europe ex-U.K. (around 30%), and the United Kingdom (9%), with minor positions in emerging markets, Japan, and Asia/Pacific. Class A shares, which carry a maximum front-end sales charge of 5.75% and a net expense ratio of 1.15%, are available to retail investors in the United States with a minimum initial investment of $1,000. The fund, with net assets exceeding $2 billion as of late 2025, benchmarks performance against the MSCI World Index and maintains a portfolio turnover rate of 14-17% with 77-86 holdings and high active share above 80%. MFS Investment Management, the fund's adviser founded in 1924 and headquartered at 111 Huntington Avenue in Boston, Massachusetts, operates globally with offices in London, Toronto, Hong Kong, Singapore, Sydney, and Tokyo, pioneering the first U.S. open-end mutual fund and managing over $600 billion in assets through active, research-driven strategies. Recent developments at MFS include the December 2024 launch of its first actively managed exchange-traded funds (ETFs) covering U.S. value, growth, international equity, U.S. core plus, and intermediate municipal bond strategies, expanding vehicle choices beyond mutual funds like MWEFX; in December 2025, MFS closed-end funds announced special shareholder meetings for proposed reorganizations and a shift in management of approximately £1.5 billion in assets to Aberdeen Investments, reflecting strategic portfolio adjustments; additional 2025 announcements encompass new blended research active ETFs, an active mid-cap ETF, and portfolio manager changes such as Florence Taj assuming responsibility for the MFS Meridian Funds U.K. Equity Fund effective June 30, 2025.