Mfs California Municipal Fund Three Year Return
| MBCAX Fund | USD 5.66 0.01 0.18% |
Mfs California Municipal fundamentals help investors to digest information that contributes to Mfs California's financial success or failures. It also enables traders to predict the movement of Mfs Mutual Fund. The fundamental analysis module provides a way to measure Mfs California's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mfs California mutual fund.
Mfs |
Mfs California Municipal Mutual Fund Three Year Return Analysis
Mfs California's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Mfs California Three Year Return | (1.29) % |
Most of Mfs California's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mfs California Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
| Competition |
Based on the latest financial disclosure, Mfs California Municipal has a Three Year Return of -1.2868%. This is much lower than that of the MFS family and significantly lower than that of the Muni California Long category. The three year return for all United States funds is notably higher than that of the company.
Mfs Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mfs California's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mfs California could also be used in its relative valuation, which is a method of valuing Mfs California by comparing valuation metrics of similar companies.Mfs California is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Mfs California
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Mfs California's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mfs Fundamentals
| Total Asset | 240 K | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 2.98 % | ||||
| One Year Return | 7.46 % | ||||
| Three Year Return | (1.29) % | ||||
| Five Year Return | 0.30 % | ||||
| Ten Year Return | 3.66 % | ||||
| Net Asset | 499.89 M | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 2.42 % | ||||
| Bond Positions Weight | 5.40 % |
About Mfs California Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mfs California Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mfs California using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mfs California Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mfs Mutual Fund
Mfs California 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 California security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |