MFS Moderate Allocation Fund
MFS SERIES TRUST X · 9 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
MFS Moderate 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 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 a long-term strategic allocation of approximately 60% to equities and non-traditional assets and 40% to bonds and cash. Within equities, the fund diversifies by geography, market capitalization, and style; non-traditional funds provide exposure to less correlated asset classes such as real estate and commodities; and bond funds span varying degrees of geographic, interest rate, and credit exposure. The fund may deviate from its long-term strategic allocations by up to plus or minus 10% under normal market conditions, and allocations to non-traditional funds will not typically exceed 20% of assets.
| Share class | Gross | Net |
|---|---|---|
| MAMAX | 0.89% | 0.89% |
| MAMJX | 0.64% | 0.64% |
| MMABX | 1.64% | 1.64% |
| MMACX | 1.64% | 1.64% |
| MMAIX | 0.64% | 0.64% |
| MAMFX | 1.64% | 1.64% |
| MARRX | 1.14% | 1.14% |
| MAMHX | 0.89% | 0.89% |
| MAMPX | 0.57% | 0.56% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 6.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 57.79% |
| Bonds | 29.24% |
| Securitized | 11.97% |
| Cash & short-term | 1.29% |
| 2 smaller | 0.27% |
Look-through blends 22 underlying funds; 0.997% 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 |
|---|---|---|---|---|---|
| +14.57% | +34.32% | +27.10% | 7.63% | -7.23% | |
| +14.84% | +35.36% | +28.71% | 7.60% | -7.13% | |
| +13.67% | +31.42% | +22.45% | 7.65% | -7.37% | |
| +13.69% | +31.32% | +22.43% | 7.67% | -7.37% | |
| +14.90% | +35.39% | +28.75% | 7.63% | -7.15% | |
| +13.76% | +31.44% | +22.48% | 7.60% | -7.41% | |
| +14.32% | +33.40% | +25.62% | 7.69% | -7.28% | |
| +14.55% | +34.36% | +27.14% | 7.62% | -7.19% | |
| +14.96% | +35.66% | — | 7.63% | -7.14% |
These classes hold the same portfolio, so the 4.34pp spread over 3 years is the cost difference between them — roughly 1.45pp 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 |
|---|---|---|---|---|---|
| MFGKX | MFS Government Securities FundMFGKX | 9.77% | $8.58 | $629.86M | 73.4M |
| — | MFS Research Bond Fund | 8.63% | $9.55 | $556.48M | 58.3M |
| — | MFS Value Fund | 7.97% | $51.86 | $514.00M | 9.9M |
| — | MFS Growth Fund | 7.38% | $209.87 | $476.26M | 2.3M |
| MFRKX | MFS Research FundMFRKX | 7.38% | $59.62 | $475.72M | 8.0M |
| — | MFS Mid Cap Value Fund | 7.07% | $33.78 | $455.83M | 13.5M |
| — | MFS Mid Cap Growth Fund | 7.06% | $29.57 | $455.59M | 15.4M |
| MIAKX | MFS Inflation Adjusted Bond FundMIAKX | 6.96% | $9.17 | $448.82M | 48.9M |
| MRSKX | MFS Research International FundMRSKX | 5.24% | $28.07 | $338.26M | 12.1M |
| MGBOX | MFS Global Opportunistic Bond FundMGBOX | 4.96% | $8.13 | $319.93M | 39.4M |
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 72.41% of net assets, top 25 99.82%, across 23 issuers.
See more of this fund's book
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