MFS International Large Cap Value Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, MFS International Large Cap Value Fund held 97 positions with $7.41B in net assets. Its ten largest holdings made up 25.0% of the fund. The MKVHX share class costs 0.67% a year. Over the 12 months to May 2026, MKVHX returned 28.6%, with dividends reinvested. In 2026 Q2 it added 3 new positions and exited 4.
The funds investment objective is to seek capital appreciation.
The fund invests at least 80% of assets in large-cap foreign equities, including emerging markets, selected through bottom-up fundamental analysis for perceived undervaluation relative to intrinsic worth. The manager may concentrate a significant portion in a single industry, sector, country, or region, creating risk of underperformance if that concentration moves unfavorably.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NatWest Group plc | 3.32% | $245.79M | 30.4M | $8.07 |
BNP Paribas SA | 2.77% | $205.48M | 1.9M | $108.42 |
Roche Holding AG | 2.71% | $200.54M | 475.4K | $421.88 |
TotalEnergies SE | 2.65% | $196.35M | 2.2M | $87.69 |
Mitsubishi UFJ Financial Group, Inc. | 2.59% | $191.77M | 10.2M | $18.83 |
UBS Group AG | 2.47% | $183.02M | 3.9M | $47.45 |
British American Tobacco plc | 2.25% | $166.44M | 2.7M | $61.83 |
Eni SpA | 2.20% | $163.31M | 6.2M | $26.28 |
Glencore plc | 2.06% | $153.03M | 20.0M | $7.65 |
National Grid plc | 1.96% | $145.22M | 9.0M | $16.10 |
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 | 98.31% |
| Cash & short-term | 2.36% |
By sector
- International
- 85.8%
- Financials
- 8.3%
- Cash
- 2.3%
- Health Care
- 1.7%
- 4 other sectors
- 1.7%
- International
- 85.8%
- Financials
- 8.3%
- Cash
- 2.3%
- Health Care
- 1.7%
- Information Technology
- 1.0%
- Materials
- 0.3%
- Industrials
- 0.3%
- Consumer Discretionary
- 0.1%
How it has done
MKVHX share class · total returns with dividends reinvested
Volatility over the last 12 months: 12.12%. Past returns are a record, not a forecast.
The 8 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.67% | +28.60% | +81.58% | +75.68% | -8.62% | |
| 0.71% | +28.57% | +81.27% | +75.18% | -8.61% | |
| 0.96% | +28.23% | +79.92% | +73.05% | -8.72% | |
| 0.96% | +28.25% | +79.94% | +72.98% | -8.66% | |
| 1.71% | +27.27% | +75.86% | +66.61% | -8.85% | |
| 0.71% | +28.58% | +81.32% | +75.47% | -8.60% | |
| 1.71% | +27.23% | +75.93% | +66.64% | -8.89% | |
| 1.21% | +27.88% | +78.65% | +70.97% | -8.79% |
These classes hold the same portfolio, so the 9.06pp spread over 5 years is the cost difference between them — roughly 1.81pp a year — not a difference in what they own.
Fees & fund details
MFS International Large Cap 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
- 0.67% – 1.71%· MKVHX 0.67%
- Portfolio turnover
- 22.00% 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.
3 new
4 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — MKVHX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”