Fund Evaluator:

MFS Low Volatility Global Equity C Overview

MFS Low Volatility Global Equity C (MVGCX) is an actively managed International Equity Global Large-Stock Blend fund. MFS launched the fund in 2013.

The investment seeks capital appreciation. The fund normally invests at least 80% of its net assets in equity securities. Equity securities include common stocks, depositary receipts, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. It may invest the fund's assets in securities of companies of any size. The fund invests its assets in U.S. and foreign securities, including emerging market securities.

About MFS Low Volatility Global Equity C (MVGCX)

There are 5 members of the management team with an average tenure of 7.12 years: Jonathan Sage (2013), John (Jed) Stocks (2015), Matthew Krummell (2015), Nathan Bryant (2026), Jenney Zhang (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI Minimum Vol (USD) NR USD index with a weighting of 100%. MFS Low Volatility Global Equity C has 117 securities in its portfolio. The top 10 holdings constitute 25.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

MFS Low Volatility Global Equity C is part of the Equity global asset class and is within the International Equity fund group. MFS Low Volatility Global Equity C has 46.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 52.9%. There is 46.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). MFS Low Volatility Global Equity C has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $3 million in total assets, which is below the $1 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

MVGCX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The MFS Low Volatility Global Equity C expense ratio is high compared to funds in the Global Large-Stock Blend category. MFS Low Volatility Global Equity C has an expense ratio of 1.74%, which is 66% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. MFS Low Volatility Global Equity C has a portfolio turnover rate of 31%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, MFS Low Volatility Global Equity C returned 3.9%, which earned it a grade of A, as the Global Large-Stock Blend category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

MFS Low Volatility Global Equity C has a trailing yield of 0.35%, which is below the 0.95% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

MFS Low Volatility Global Equity C Grades

Year to date, the fund has returned 6.8%, 2.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.3% over the past year (grade of F), 12.4% over the past three years (grade of D) and 7.9% per year over the past five years (grade of D) and 8.2% per year over the past 10 years (grade of F).

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