MFS International Intrinsic Value Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, MFS International Intrinsic Value Fund held 97 positions with $24.96B in net assets. Its ten largest holdings made up 28.2% of the fund. The MGIAX share class costs 1.02% a year. Over the 12 months to May 2026, MGIAX returned 21.5%, with dividends reinvested. In 2026 Q2 it added 8 new positions and exited 2.
The funds investment objective is to seek capital appreciation.
The fund invests primarily in foreign equity securities, including emerging markets, selected through bottom-up fundamental analysis for companies the manager believes trade below intrinsic value and exhibit strong cash generation, conservative balance sheets, and sustainable competitive advantages. The fund may concentrate a significant portion of assets in a single industry, sector, country, or region. The manager uses derivatives primarily to adjust currency exposure.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TSMTaiwan Semiconductor Manufacturing Co Ltd | 3.77% | $940.12M | 2.2M | $418.45 |
MFS Institutional Money Market Portfolio | 3.49% | $871.49M | 871.4M | $1.00 |
FNVFranco-Nevada Corp | 3.46% | $863.52M | 3.7M | $231.65 |
Schneider Electric SE | 3.06% | $763.59M | 2.4M | $314.87 |
Legrand SA | 2.98% | $744.19M | 4.3M | $172.22 |
TotalEnergies SE | 2.77% | $692.08M | 7.9M | $87.69 |
Deutsche Boerse AG | 2.35% | $587.20M | 2.0M | $288.80 |
WPMWheaton Precious Metals Corp | 2.15% | $536.13M | 4.0M | $134.45 |
Resona Holdings Inc | 2.14% | $534.63M | 41.7M | $12.81 |
UBS Group AG | 2.00% | $500.53M | 10.5M | $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 97 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 | 99.51% |
| Other | 0.01% |
How it has done
MGIAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.54%. 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 |
|---|---|---|---|---|---|
| 1.02% | +21.46% | +65.20% | +44.97% | -9.90% | |
| 1.77% | +20.52% | +61.46% | +39.53% | -10.07% | |
| 1.77% | +20.53% | +61.47% | +39.57% | -10.10% | |
| 0.77% | +21.75% | +66.38% | +46.74% | -9.85% | |
| 0.66% | +21.87% | +66.91% | +47.52% | -9.82% | |
| 1.77% | +20.55% | +61.54% | +39.63% | -10.06% | |
| 1.27% | +21.13% | +63.89% | +43.13% | -9.94% | |
| 1.02% | +21.42% | +65.15% | +44.90% | -9.90% | |
| 0.77% | +21.74% | +66.43% | +46.81% | -9.85% |
These classes hold the same portfolio, so the 7.99pp spread over 5 years is the cost difference between them — roughly 1.60pp a year — not a difference in what they own.
Fees & fund details
MFS International Intrinsic Value 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
- 0.66% – 1.77%· MGIAX 1.02%
- Portfolio turnover
- 13.00% a year · as of 2025 Q3
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.
8 new
2 exited
Understand how this fund fits with the rest.
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