MFS Growth Allocation Fund
MFS SERIES TRUST X · 9 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
MFS Growth Allocation Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2025 Q3
The fund's investment objective is to seek a high level of total return consistent with a greater than moderate level of risk relative to the other MFS Asset Allocation Funds. (The MFS Asset Allocation Funds currently are MFS Conservative Allocation Fund, MFS Moderate Allocation Fund, MFS Growth Allocation Fund, and MFS Aggressive Growth Allocation Fund.)
The fund invests in a diversified portfolio of other MFS mutual funds across equity, non-traditional, and bond asset classes, with approximately 80% allocated to equity and non-traditional funds and 20% to bonds and cash. Within equities, the fund diversifies by geography, market capitalization, and investment style; non-traditional funds provide exposure to less correlated assets such as real estate and commodities; and bond funds span varying degrees of credit and interest-rate risk. MFS adjusts allocations based on quantitative models incorporating valuation metrics, growth rates, yields, and inflation projections, along with qualitative assessments of market conditions. Because the fund's allocations may deviate from long-term targets by up to plus or minus 10% under normal market conditions, actual exposure to each asset class can shift materially from stated policy.
| Share class | Gross | Net |
|---|---|---|
| MAGWX | 0.95% | 0.94% |
| MAGJX | 0.70% | 0.69% |
| MBGWX | 1.70% | 1.69% |
| MCGWX | 1.70% | 1.69% |
| MGWIX | 0.70% | 0.69% |
| MAGMX | 1.70% | 1.69% |
| MGALX | 1.20% | 1.19% |
| MAGEX | 0.95% | 0.94% |
| MAGQX | 0.63% | 0.61% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 5.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 76.78% |
| Bonds | 19.52% |
| Securitized | 2.45% |
| Cash & short-term | 1.20% |
| 2 smaller | 0.27% |
Look-through blends 21 underlying funds; 1.034% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +18.29% | +42.38% | +35.92% | 9.54% | -8.12% | |
| +18.64% | +43.49% | +37.66% | 9.55% | -8.07% | |
| +17.47% | +39.28% | +30.97% | 9.58% | -8.28% | |
| +17.47% | +39.29% | +30.97% | 9.58% | -8.26% | |
| +18.64% | +43.51% | +37.70% | 9.55% | -8.05% | |
| +17.45% | +39.24% | +30.93% | 9.56% | -8.27% | |
| +18.04% | +41.40% | +34.28% | 9.55% | -8.16% | |
| +18.33% | +42.43% | +35.89% | 9.55% | -8.12% | |
| +18.71% | +43.80% | — | 9.55% | -8.04% |
These classes hold the same portfolio, so the 4.56pp spread over 3 years is the cost difference between them — roughly 1.52pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | MFS Value Fund | 9.93% | $51.86 | $671.30M | 12.9M |
| MFRKX | MFS Research FundMFRKX | 9.43% | $59.62 | $637.58M | 10.7M |
| — | MFS Growth Fund | 9.41% | $209.87 | $636.68M | 3.0M |
| — | MFS Mid Cap Value Fund | 9.08% | $33.78 | $614.01M | 18.2M |
| — | MFS Mid Cap Growth Fund | 8.91% | $29.57 | $602.86M | 20.4M |
| MRSKX | MFS Research International FundMRSKX | 7.25% | $28.07 | $490.23M | 17.5M |
| MIAKX | MFS Inflation Adjusted Bond FundMIAKX | 4.92% | $9.17 | $332.60M | 36.3M |
| MGLRX | MFS Global Real Estate FundMGLRX | 4.00% | $17.26 | $270.85M | 15.7M |
| MCSRX | MFS Commodity Strategy FundMCSRX | 3.98% | $4.44 | $268.85M | 60.6M |
| MHIKX | MFS High Income FundMHIKX | 3.94% | $3.10 | $266.68M | 86.0M |
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.
Top 10 positions are 70.85% of net assets, top 25 99.90%, across 22 issuers.
See more of this fund's book
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