3 Best MFS Mutual Funds To Grab Today

Renowned global asset manager MFS aims to provide an array of financial products and services to fulfill the needs of investors as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth over $528.4 billion (as of Jan 31, 2020).

The company has 1,900 employees dedicated to addressing clients’ needs. MFS deals in more than 80 portfolios investing in not only domestic and global stocks but also fixed-income securities. It has investment offices in Boston, Hong Kong, São Paulo, Singapore, Toronto, London, Mexico City, Sydney and Tokyo. The company was founded in 1924 and is headquartered in Boston, MA.

Below we share with you four top-rated MFS mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future.

MFS Growth Fund Class R3 (MFEHX - Free Report) focuses on capital appreciation by investing primarily in equity securities. The fund’s advisor invests MFEHX’s assets in stocks of companies that the advisor believes have the potential for more-than-average earnings growth against other growth companies. MFEHX has three-year annualized returns of 13.9%.

MFEHX has an expense ratio of 0.91% compared with the category average of 1.05%.

MFS Research International Fund Class R6 (MRSKX - Free Report) aims for capital growth. The fund mostly invests its assets in non-U.S. equity securities, which may include emerging market equity securities. These equity securities comprise common stocks and other securities that signify an ownership interest in a company or other issuers. MRSKX has three-year annualized returns of 2%.

Victoria J. Higley is the fund manager of MRSKX since 2016.

MFS Mid Cap Growth Fund Class A (OTCAX - Free Report) aims for capital appreciation. The fund invests the majority of its assets in securities of medium-market-capitalization companies. According to MFS, medium-market-capitalization issuers are those that have market capitalization similar to those of companies included on the Russell Midcap Growth Index over the last 13 months at the time of purchase. OTCAX has returned 11.1% in the past three years.

As of the end of March 2020, OTCAX held 92 issues with 3.56% of its assets invested in Global Payments Inc.

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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