Mfs Growth Allocation Fund Quote
| MAGMX Fund | USD 23.62 0.10 0.42% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Mfs Growth is trading at 23.62 as of the 1st of February 2025; that is 0.42% down since the beginning of the trading day. The fund's open price was 23.72. Mfs Growth has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 2nd of January 2025 and ending today, the 1st of February 2025. Click here to learn more.
The fund is designed to provide diversification among different asset classes by investing its assets in other mutual funds advised by the adviser, referred to as underlying funds. Within the equity fund allocations, the adviser seeks to diversify by geography , in terms of market capitalization , and by style .. More on Mfs Growth Allocation
Mfs Mutual Fund Highlights
| Fund Concentration | MFS Funds, Large Blend Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, MFS (View all Sectors) |
| Update Date | 31st of December 2024 |
Mfs Growth Allocation [MAGMX] is traded in USA and was established 1st of February 2025. Mfs Growth is listed under MFS category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of MFS family. This fund now has accumulated 5.09 B in assets with no minimum investment requirementsMfs Growth Allocation is currently producing year-to-date (YTD) return of 3.63% with the current yeild of 0.01%, while the total return for the last 3 years was 4.61%.
Check Mfs Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mfs Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mfs Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mfs Growth Allocation Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mfs Growth Allocation Mutual Fund Constituents
| MCSRX | Mfs Modity Strategy | Mutual Fund | Commodities Broad Basket | |
| MEIKX | Mfs Value Fund | Mutual Fund | Large Value | |
| MFEKX | Mfs Growth Fund | Mutual Fund | Large Growth | |
| MFRKX | Mfs Research Fund | Mutual Fund | Large Blend | |
| MGLRX | Mfs Global Real | Mutual Fund | Global Real Estate | |
| MGRDX | Mfs International Growth | Mutual Fund | Foreign Large Growth | |
| MHIKX | Mfs High Income | Mutual Fund | High Yield Bond | |
| MIAKX | Mfs Inflation Adjusted Bond | Mutual Fund | Inflation-Protected Bond |
Mfs Growth Allocation Risk Profiles
| Mean Deviation | 0.4737 | |||
| Standard Deviation | 0.7443 | |||
| Variance | 0.5539 | |||
| Risk Adjusted Performance | (0.03) |
Mfs Growth Against Markets
Other Information on Investing in Mfs Mutual Fund
Mfs Growth financial ratios help investors to determine whether Mfs Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mfs with respect to the benefits of owning Mfs Growth security.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |