MFS Global Real Estate Fund
Actively managed global stock fund
As of its 2026 Q2 report, MFS Global Real Estate Fund held 62 positions with $2.14B in net assets. Its ten largest holdings made up 39.8% of the fund. The MGLAX share class costs 1.18% a year. Over the 12 months to May 2026, MGLAX returned 8.0%, with dividends reinvested. In 2026 Q2 it added 5 new positions and exited 8.
The funds investment objective is to seek total return.
The fund invests at least 80% of assets in real estate-related equity securities globally, selected through bottom-up fundamental analysis of individual issuers including REITs, similar entities formed outside the U.S., and companies earning at least 50% of revenues from real estate activities or related services. The fund normally allocates across different REIT managers, property types, and countries, though it may concentrate significantly in single issuers, countries, or regions. Because the fund may focus investments in any one or a few REIT managers or property types and may invest a significant percentage in a single issuer or small number of issuers, performance will depend on those concentrated positions.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
PLDPrologis Inc | 8.39% | $179.97M | 1.3M | $143.47 |
EQIXEquinix Inc | 5.72% | $122.58M | 114.8K | $1,068.04 |
Goodman Group | 4.02% | $86.24M | 3.8M | $22.76 |
3.86% | $82.77M | 403.9K | $204.91 | |
VTRVentas Inc | 3.83% | $82.01M | 971.4K | $84.42 |
3.69% | $79.16M | 416.6K | $190.00 | |
Mitsubishi Estate Co Ltd | 2.97% | $63.73M | 2.5M | $25.47 |
BXPBXP Inc | 2.62% | $56.18M | 936.2K | $60.01 |
2.40% | $51.57M | 1.8M | $28.22 | |
Unibail-Rodamco-Westfield | 2.32% | $49.69M | 428.8K | $115.87 |
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 62 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 | 99.63% |
| Derivatives | 0.15% |
| Other | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Real Estate
- 65.0%
- International
- 33.3%
- Other
- 1.6%
How it has done
MGLAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 14.77%. 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 |
|---|---|---|---|---|---|
| 1.18% | +8.01% | +19.86% | -1.30% | -14.04% | |
| 1.93% | +7.18% | +17.21% | -4.93% | -14.22% | |
| 1.93% | +7.15% | +17.21% | -4.94% | -14.18% | |
| 0.93% | +8.29% | +20.77% | -0.00% | -13.99% | |
| 1.93% | +7.24% | +17.20% | -4.93% | -14.22% | |
| 1.43% | +7.73% | +19.00% | -2.51% | -14.11% | |
| 1.18% | +7.96% | +19.88% | -1.34% | -14.06% | |
| 0.93% | +8.30% | +20.77% | -0.01% | -13.97% | |
| 0.84% | +8.31% | +21.09% | +0.38% | -14.01% |
These classes hold the same portfolio, so the 5.32pp spread over 5 years is the cost difference between them — roughly 1.06pp a year — not a difference in what they own.
Fees & fund details
MFS Global Real Estate Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.84% – 1.93%· MGLAX 1.18%
- Portfolio turnover
- 35.00% 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.
5 new
8 exited
Understand how this fund fits with the rest.
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