MFS Blended Research International Equity Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, MFS Blended Research International Equity Fund held 171 positions with $4.79B in net assets. Its ten largest holdings made up 23.2% of the fund. The BRXAX share class costs 0.77% a year. Over the 12 months to May 2026, BRXAX returned 39.3%, with dividends reinvested. In 2026 Q2 it added 19 new positions and exited 16.
The funds investment objective is to seek capital appreciation.
The fund actively selects foreign equity securities across all market capitalizations and geographies using a blend of fundamental and quantitative analysis, then optimizes the portfolio against the MSCI All Country World (ex-US) Index with a target tracking error of approximately 2%. Because the fund constructs its portfolio through optimization rather than index replication, its returns may diverge from the benchmark. The fund normally holds at least 80% of assets in equities and may concentrate a significant portion in a single industry, sector, country, or region.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TSMTaiwan Semiconductor Manufacturing Co Ltd | 4.84% | $232.05M | 554.6K | $418.45 |
SK hynix Inc | 3.81% | $182.63M | 118.0K | $1,548.11 |
Samsung Electronics Co Ltd | 2.77% | $132.53M | 630.1K | $210.35 |
ASML Holding NV | 2.41% | $115.41M | 71.5K | $1,615.23 |
Lenovo Group Ltd | 1.75% | $84.05M | 27.4M | $3.06 |
Novartis AG | 1.67% | $79.96M | 529.7K | $150.94 |
BNP Paribas SA | 1.55% | $74.27M | 685.0K | $108.42 |
Rio Tinto PLC | 1.49% | $71.12M | 662.8K | $107.31 |
Tencent Holdings Ltd | 1.47% | $70.21M | 1.3M | $54.51 |
UBS Group AG | 1.42% | $68.00M | 1.4M | $47.45 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 171 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.73% |
| Cash & short-term | 0.72% |
| Other | 0.06% |
Derivatives are shown at market value, not notional exposure.
How it has done
BRXAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 14.42%. Past returns are a record, not a forecast.
The 9 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.77% | +39.26% | +96.92% | +78.35% | -10.18% | |
| 1.52% | +38.25% | +92.48% | +71.60% | -10.29% | |
| 1.52% | +38.18% | +92.49% | +71.65% | -10.32% | |
| 0.52% | +39.60% | +98.40% | +80.47% | -10.13% | |
| 1.52% | +38.20% | +92.50% | +71.75% | -10.32% | |
| 1.02% | +38.94% | +95.45% | +76.01% | -10.15% | |
| 0.77% | +39.31% | +96.87% | +78.23% | -10.12% | |
| 0.52% | +39.65% | +98.47% | +80.52% | -10.12% | |
| 0.44% | +39.79% | +98.99% | +81.26% | -10.04% |
These classes hold the same portfolio, so the 9.66pp spread over 5 years is the cost difference between them — roughly 1.93pp a year — not a difference in what they own.
Fees & fund details
MFS Blended Research International Equity Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.44% – 1.52%· BRXAX 0.77%
- Portfolio turnover
- 48.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
19 new· the largest 8
16 exited· the largest 8
Understand how this fund fits with the rest.
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