08/29/2024 | Press release | Distributed by Public on 08/29/2024 11:18
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
A | $37 | 0.70% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
B | $77 | 1.45% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
C | $77 | 1.45% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
I | $24 | 0.45% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
R1 | $77 | 1.45% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
R2 | $51 | 0.95% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
R3 | $37 | 0.70% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
R4 | $24 | 0.45% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
(based on a hypothetical $10,000 investment) | ||
Class Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
R6 | $20 | 0.37% |
Net Assets ($): | 6,904,368,016 | Portfolio Turnover (%): | 11 |
Total Number of Holdings: | 65 |
Equities | 99.1% |
Money Market Funds | 0.9% |
Information Technology | 30.9% |
Financials | 15.0% |
Health Care | 12.7% |
Industrials | 9.1% |
Communication Services | 7.3% |
Consumer Staples | 6.8% |
Consumer Discretionary | 6.7% |
Energy | 3.7% |
Materials | 3.0% |
Utilities | 2.2% |
Real Estate | 1.7% |
Microsoft Corp. | 9.3% |
NVIDIA Corp. | 6.3% |
Alphabet, Inc., "A" | 6.1% |
Amazon.com, Inc. | 4.4% |
Apple, Inc. | 3.9% |
JPMorgan Chase & Co. | 2.8% |
ConocoPhillips | 2.3% |
Visa, Inc., "A" | 2.2% |
Howmet Aerospace, Inc. | 2.0% |
Mastercard, Inc., "A" | 1.8% |
Item 1(b):
Not applicable.
ITEM 2. CODE OF ETHICS.
The Registrant has adopted a Code of Ethics (the "Code") pursuant to Section 406 of the Sarbanes-Oxley Act and as defined in Form N-CSR that applies to the Registrant's principal executive officer and principal financial and accounting officer. During the period covered by this report, the Registrant has not amended any provision in the Code that relates to an element of the Code's definition enumerated in paragraph (b) of Item 2 of this Form N-CSR. During the period covered by this report, the Registrant did not grant a waiver, including an implicit waiver, from any provision of the Code. David L. DiLorenzo (Principal Executive Officer) and James O. Yost (Principal Financial Officer) were the two persons covered by the Code prior to April 1, 2024. Beginning April 1, 2024, David L. DiLorenzo (Principal Executive Officer) and Kasey L. Phillips (Principal Financial Officer) are the two persons covered by the Code.
A copy of the Code is attached hereto as EX-99.COE.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Not applicable for semi-annual reports.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
Not applicable for semi-annual reports.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
Not applicable to the Registrant.
ITEM 6. INVESTMENTS
A schedule of investments for each series covered by this Form N-CSR is included in the financial statements of such series under Item 7 of this Form N-CSR.
Issuer | Shares/Par | Value ($) | ||
Common Stocks - 99.4% | ||||
Aerospace & Defense - 3.3% | ||||
Honeywell International, Inc. | 427,091 | $ 91,201,012 | ||
Howmet Aerospace, Inc. | 1,755,939 | 136,313,545 | ||
$227,514,557 | ||||
Alcoholic Beverages - 1.2% | ||||
Diageo PLC | 1,390,603 | $ 43,761,937 | ||
Pernod Ricard S.A. | 305,000 | 41,506,616 | ||
$85,268,553 | ||||
Apparel Manufacturers - 0.9% | ||||
LVMH Moet Hennessy Louis Vuitton SE | 79,441 | $ 61,006,819 | ||
Brokerage & Asset Managers - 0.8% | ||||
Charles Schwab Corp. | 136,152 | $ 10,033,041 | ||
CME Group, Inc. | 223,295 | 43,899,797 | ||
$53,932,838 | ||||
Business Services - 1.4% | ||||
Fiserv, Inc. (a) | 661,967 | $ 98,659,562 | ||
Computer Software - 13.5% | ||||
Adobe Systems, Inc. (a) | 95,050 | $ 52,804,077 | ||
Check Point Software Technologies Ltd. (a) | 519,707 | 85,751,655 | ||
Dun & Bradstreet Holdings, Inc. | 3,514,586 | 32,545,066 | ||
Microsoft Corp. | 1,441,528 | 644,290,940 | ||
Salesforce, Inc. | 458,220 | 117,808,362 | ||
$933,200,100 | ||||
Computer Software - Systems - 3.9% | ||||
Apple, Inc. | 1,290,408 | $ 271,785,733 | ||
Construction - 1.3% | ||||
Allegion PLC | 311,006 | $ 36,745,359 | ||
Summit Materials, Inc., "A" (a) | 1,539,190 | 56,349,746 | ||
$93,095,105 | ||||
Consumer Products - 2.3% | ||||
Colgate-Palmolive Co. | 902,880 | $ 87,615,475 | ||
Kenvue, Inc. | 3,973,738 | 72,242,557 | ||
$159,858,032 | ||||
Electrical Equipment - 3.3% | ||||
AMETEK, Inc. | 375,425 | $ 62,587,102 | ||
Johnson Controls International PLC | 907,784 | 60,340,402 | ||
TE Connectivity Ltd. | 690,607 | 103,888,011 | ||
$226,815,515 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks - continued | ||||
Electronics - 12.6% | ||||
Analog Devices, Inc. | 538,214 | $ 122,852,728 | ||
Applied Materials, Inc. | 399,865 | 94,364,141 | ||
ASML Holding N.V. | 75,881 | 78,355,513 | ||
Lam Research Corp. | 66,937 | 71,277,864 | ||
NVIDIA Corp. | 3,534,084 | 436,600,737 | ||
Texas Instruments, Inc. | 334,401 | 65,051,027 | ||
$868,502,010 | ||||
Energy - Independent - 2.3% | ||||
ConocoPhillips | 1,417,496 | $ 162,133,192 | ||
Energy - Integrated - 1.4% | ||||
Exxon Mobil Corp. | 827,870 | $ 95,304,394 | ||
Food & Beverages - 0.7% | ||||
Mondelez International, Inc. | 756,325 | $ 49,493,908 | ||
Health Maintenance Organizations - 1.7% | ||||
Cigna Group | 346,049 | $ 114,393,418 | ||
Insurance - 3.0% | ||||
Aon PLC | 215,410 | $ 63,240,068 | ||
Chubb Ltd. | 335,132 | 85,485,470 | ||
Willis Towers Watson PLC | 227,047 | 59,518,101 | ||
$208,243,639 | ||||
Internet - 6.2% | ||||
Alphabet, Inc., "A" | 2,320,095 | $ 422,605,304 | ||
Alphabet, Inc., "C" | 44,903 | 8,236,109 | ||
$430,841,413 | ||||
Leisure & Toys - 1.1% | ||||
Electronic Arts, Inc. | 537,777 | $ 74,928,469 | ||
Machinery & Tools - 1.4% | ||||
Eaton Corp. PLC | 309,872 | $ 97,160,366 | ||
Major Banks - 5.8% | ||||
Bank of America Corp. | 2,473,678 | $ 98,378,174 | ||
Goldman Sachs Group, Inc. | 249,850 | 113,012,152 | ||
JPMorgan Chase & Co. | 946,259 | 191,390,345 | ||
$402,780,671 | ||||
Medical & Health Technology & Services - 1.4% | ||||
ICON PLC (a) | 309,252 | $ 96,941,224 | ||
Medical Equipment - 4.1% | ||||
Agilent Technologies, Inc. | 623,171 | $ 80,781,657 | ||
Becton, Dickinson and Co. | 321,941 | 75,240,831 | ||
Medtronic PLC | 1,136,627 | 89,463,911 | ||
STERIS PLC | 158,844 | 34,872,612 | ||
$280,359,011 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks - continued | ||||
Other Banks & Diversified Financials - 4.0% | ||||
Mastercard, Inc., "A" | 281,756 | $ 124,299,477 | ||
Visa, Inc., "A" | 570,690 | 149,789,004 | ||
$274,088,481 | ||||
Pharmaceuticals - 5.7% | ||||
Eli Lilly & Co. | 133,085 | $ 120,492,497 | ||
Merck & Co., Inc. | 588,981 | 72,915,848 | ||
Pfizer, Inc. | 2,727,114 | 76,304,650 | ||
Vertex Pharmaceuticals, Inc. (a) | 264,641 | 124,042,529 | ||
$393,755,524 | ||||
Pollution Control - 0.7% | ||||
Waste Management, Inc. | 235,129 | $ 50,162,421 | ||
Railroad & Shipping - 0.5% | ||||
Canadian Pacific Kansas City Ltd. | 447,341 | $ 35,219,157 | ||
Specialty Chemicals - 2.2% | ||||
DuPont de Nemours, Inc. | 870,165 | $ 70,039,581 | ||
Linde PLC | 181,016 | 79,431,631 | ||
$149,471,212 | ||||
Specialty Stores - 8.4% | ||||
Amazon.com, Inc. (a) | 1,587,452 | $ 306,775,099 | ||
Costco Wholesale Corp. | 135,113 | 114,844,699 | ||
Home Depot, Inc. | 276,596 | 95,215,407 | ||
Target Corp. | 416,585 | 61,671,243 | ||
$578,506,448 | ||||
Telecommunications - Wireless - 1.7% | ||||
American Tower Corp., REIT | 606,624 | $ 117,915,573 | ||
Trucking - 0.4% | ||||
J.B. Hunt Transport Services, Inc. | 155,073 | $ 24,811,680 | ||
Utilities - Electric Power - 2.2% | ||||
Southern Co. | 1,018,954 | $ 79,040,262 | ||
Xcel Energy, Inc. | 1,313,941 | 70,177,589 | ||
$149,217,851 | ||||
Total Common Stocks (Identified Cost, $3,390,575,379) | $6,865,366,876 | |||
Investment Companies (h) - 0.9% | ||||
Money Market Funds - 0.9% | ||||
MFS Institutional Money Market Portfolio, 5.39% (v) (Identified Cost, $60,198,816) | 60,195,007 | $ 60,201,026 | ||
Other Assets, Less Liabilities - (0.3)% | (21,199,886) | |||
Net Assets - 100.0% | $6,904,368,016 |
(a) | Non-income producing security. | |||
(h) | An affiliated issuer, which may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $60,201,026 and $6,865,366,876, respectively. | |||
(v) | Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end. |
The following abbreviations are used in this report and are defined: | |
REIT | Real Estate Investment Trust |
Financial Statements | Statement of Assets and Liabilities |
At 6/30/24 (unaudited)Assets | |
Investments in unaffiliated issuers, at value (identified cost, $3,390,575,379) | $6,865,366,876 |
Investments in affiliated issuers, at value (identified cost, $60,198,816) | 60,201,026 |
Cash | 150,367 |
Receivables for | |
Investments sold | 9,019,578 |
Fund shares sold | 1,241,957 |
Dividends | 5,642,914 |
Other assets | 65,558 |
Total assets | $6,941,688,276 |
Liabilities | |
Payables for | |
Investments purchased | $11,219,543 |
Fund shares reacquired | 24,143,561 |
Payable to affiliates | |
Investment adviser | 250,732 |
Administrative services fee | 6,736 |
Shareholder servicing costs | 1,129,308 |
Distribution and service fees | 128,898 |
Accrued expenses and other liabilities | 441,482 |
Total liabilities | $37,320,260 |
Net assets | $6,904,368,016 |
Net assets consist of | |
Paid-in capital | $2,938,575,971 |
Total distributable earnings (loss) | 3,965,792,045 |
Net assets | $6,904,368,016 |
Shares of beneficial interest outstanding | 179,026,594 |
Net assets |
Shares outstanding |
Net asset value per share (a) |
|
Class A | $4,130,042,539 | 105,148,666 | $39.28 |
Class B | 13,408,788 | 361,206 | 37.12 |
Class C | 77,498,962 | 2,163,338 | 35.82 |
Class I | 1,114,371,697 | 29,703,160 | 37.52 |
Class R1 | 4,323,203 | 122,278 | 35.36 |
Class R2 | 77,355,340 | 2,134,682 | 36.24 |
Class R3 | 199,278,634 | 5,146,839 | 38.72 |
Class R4 | 49,477,218 | 1,239,702 | 39.91 |
Class R6 | 1,238,611,635 | 33,006,723 | 37.53 |
(a) | Maximum offering price per share was equal to the net asset value per share for all share classes, except for Class A, for which the maximum offering price per share was $41.68 [100 / 94.25 x $39.28]. On sales of $50,000 or more, the maximum offering price of Class A shares is reduced. A contingent deferred sales charge may be imposed on redemptions of Class A, Class B, and Class C shares. Redemption price per share was equal to the net asset value per share for Classes I, R1, R2, R3, R4, and R6. |
Financial Statements | Statement of Operations |
Six months ended 6/30/24 (unaudited)Net investment income (loss) | |
Income | |
Dividends | $43,475,311 |
Dividends from affiliated issuers | 1,015,364 |
Other | 32,940 |
Interest | 44 |
Foreign taxes withheld | (62,374) |
Total investment income | $44,461,285 |
Expenses | |
Management fee | $10,914,968 |
Distribution and service fees | 5,841,475 |
Shareholder servicing costs | 2,587,731 |
Administrative services fee | 306,487 |
Independent Trustees' compensation | 56,282 |
Custodian fee | 78,091 |
Shareholder communications | 138,603 |
Audit and tax fees | 37,247 |
Legal fees | 16,819 |
Miscellaneous | 220,509 |
Total expenses | $20,198,212 |
Reduction of expenses by distributor | (13,256) |
Net expenses | $20,184,956 |
Net investment income (loss) | $24,276,329 |
Realized and unrealized gain (loss) | |
Realized gain (loss) (identified cost basis) | |
Unaffiliated issuers | $416,705,150 |
Affiliated issuers | (6,093) |
Foreign currency | 2,976 |
Net realized gain (loss) | $416,702,033 |
Change in unrealized appreciation or depreciation | |
Unaffiliated issuers | $455,770,394 |
Affiliated issuers | (942) |
Translation of assets and liabilities in foreign currencies | (37,534) |
Net unrealized gain (loss) | $455,731,918 |
Net realized and unrealized gain (loss) | $872,433,951 |
Change in net assets from operations | $896,710,280 |
Financial Statements | Statements of Changes in Net Assets |
Six months ended | Year ended | |
6/30/24 (unaudited) |
12/31/23 | |
Change in net assets | ||
From operations | ||
Net investment income (loss) | $24,276,329 | $58,148,494 |
Net realized gain (loss) | 416,702,033 | 661,207,651 |
Net unrealized gain (loss) | 455,731,918 | 366,574,706 |
Change in net assets from operations | $896,710,280 | $1,085,930,851 |
Total distributions to shareholders | $- | $(663,281,563) |
Change in net assets from fund share transactions | $(332,142,650) | $(18,487,537) |
Total change in net assets | $564,567,630 | $404,161,751 |
Net assets | ||
At beginning of period | 6,339,800,386 | 5,935,638,635 |
At end of period | $6,904,368,016 | $6,339,800,386 |
Financial Statements | Financial Highlights |
Class A |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $34.32 | $31.99 | $41.67 | $35.80 | $32.79 | $26.79 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.12 | $0.29 | $0.27 | $0.24 | $0.28 | $0.28 |
Net realized and unrealized gain (loss) | 4.84 | 5.80 | (6.96) | 9.24 | 4.29 | 8.20 |
Total from investment operations | $4.96 | $6.09 | $(6.69) | $9.48 | $4.57 | $8.48 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.30) | $(0.32) | $(0.27) | $(0.26) | $(0.21) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.76) | $(2.99) | $(3.61) | $(1.56) | $(2.48) |
Net asset value, end of period (x) | $39.28 | $34.32 | $31.99 | $41.67 | $35.80 | $32.79 |
Total return (%) (r)(s)(t)(x) | 14.45(n) | 19.15 | (16.34) | 26.82 | 14.12 | 31.91 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.70(a) | 0.71 | 0.71 | 0.70 | 0.71 | 0.71 |
Expenses after expense reductions | 0.70(a) | 0.71 | 0.70 | 0.70 | 0.70 | 0.69 |
Net investment income (loss) | 0.65(a) | 0.86 | 0.77 | 0.59 | 0.88 | 0.90 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $4,130,043 | $3,741,596 | $3,447,345 | $4,407,327 | $3,780,213 | $3,893,021 |
Class B |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $32.56 | $30.48 | $39.82 | $34.41 | $31.63 | $25.95 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $(0.02) | $0.03 | $(0.00)(w) | $(0.04) | $0.04 | $0.04 |
Net realized and unrealized gain (loss) | 4.58 | 5.51 | (6.65) | 8.84 | 4.11 | 7.93 |
Total from investment operations | $4.56 | $5.54 | $(6.65) | $8.80 | $4.15 | $7.97 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.00)(w) | $(0.02) | $(0.05) | $(0.07) | $(0.02) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.46) | $(2.69) | $(3.39) | $(1.37) | $(2.29) |
Net asset value, end of period (x) | $37.12 | $32.56 | $30.48 | $39.82 | $34.41 | $31.63 |
Total return (%) (r)(s)(t)(x) | 14.00(n) | 18.27 | (16.96) | 25.88 | 13.26 | 30.94 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 1.45(a) | 1.46 | 1.46 | 1.45 | 1.46 | 1.46 |
Expenses after expense reductions | 1.45(a) | 1.46 | 1.46 | 1.45 | 1.46 | 1.46 |
Net investment income (loss) | (0.12)(a) | 0.09 | (0.01) | (0.11) | 0.11 | 0.13 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $13,409 | $16,263 | $21,881 | $38,856 | $42,213 | $52,057 |
Class C |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $31.42 | $29.56 | $38.76 | $33.57 | $30.89 | $25.40 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $(0.02) | $0.03 | $0.00(w) | $(0.05) | $0.03 | $0.04 |
Net realized and unrealized gain (loss) | 4.42 | 5.34 | (6.47) | 8.63 | 4.02 | 7.75 |
Total from investment operations | $4.40 | $5.37 | $(6.47) | $8.58 | $4.05 | $7.79 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.05) | $(0.06) | $(0.05) | $(0.07) | $(0.03) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.51) | $(2.73) | $(3.39) | $(1.37) | $(2.30) |
Net asset value, end of period (x) | $35.82 | $31.42 | $29.56 | $38.76 | $33.57 | $30.89 |
Total return (%) (r)(s)(t)(x) | 14.00(n) | 18.26 | (16.97) | 25.89 | 13.28 | 30.88 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 1.45(a) | 1.46 | 1.46 | 1.45 | 1.46 | 1.46 |
Expenses after expense reductions | 1.45(a) | 1.46 | 1.46 | 1.45 | 1.46 | 1.46 |
Net investment income (loss) | (0.11)(a) | 0.10 | 0.01 | (0.13) | 0.12 | 0.13 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $77,499 | $79,659 | $81,795 | $117,180 | $121,289 | $174,905 |
Class I |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $32.74 | $30.67 | $40.10 | $34.55 | $31.70 | $25.96 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.16 | $0.37 | $0.35 | $0.30 | $0.35 | $0.34 |
Net realized and unrealized gain (loss) | 4.62 | 5.55 | (6.70) | 8.97 | 4.14 | 7.96 |
Total from investment operations | $4.78 | $5.92 | $(6.35) | $9.27 | $4.49 | $8.30 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.39) | $(0.41) | $(0.38) | $(0.34) | $(0.29) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.85) | $(3.08) | $(3.72) | $(1.64) | $(2.56) |
Net asset value, end of period (x) | $37.52 | $32.74 | $30.67 | $40.10 | $34.55 | $31.70 |
Total return (%) (r)(s)(t)(x) | 14.60(n) | 19.42 | (16.13) | 27.19 | 14.39 | 32.23 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.45(a) | 0.46 | 0.46 | 0.45 | 0.46 | 0.46 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | 0.90(a) | 1.11 | 1.02 | 0.77 | 1.10 | 1.13 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $1,114,372 | $1,010,646 | $921,627 | $1,181,050 | $901,662 | $470,991 |
Class R1 |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $31.01 | $29.19 | $38.32 | $33.22 | $30.59 | $25.24 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $(0.02) | $0.03 | $0.00(w) | $(0.05) | $0.03 | $0.02 |
Net realized and unrealized gain (loss) | 4.37 | 5.27 | (6.39) | 8.55 | 3.97 | 7.72 |
Total from investment operations | $4.35 | $5.30 | $(6.39) | $8.50 | $4.00 | $7.74 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.02) | $(0.07) | $(0.06) | $(0.07) | $(0.12) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.48) | $(2.74) | $(3.40) | $(1.37) | $(2.39) |
Net asset value, end of period (x) | $35.36 | $31.01 | $29.19 | $38.32 | $33.22 | $30.59 |
Total return (%) (r)(s)(t)(x) | 14.03(n) | 18.25 | (16.96) | 25.89 | 13.23 | 30.89 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 1.45(a) | 1.46 | 1.46 | 1.45 | 1.46 | 1.46 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | (0.12)(a) | 0.08 | 0.01 | (0.13) | 0.11 | 0.08 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $4,323 | $4,699 | $10,691 | $14,357 | $14,030 | $16,036 |
Class R2 |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $31.71 | $29.80 | $39.05 | $33.73 | $30.98 | $25.42 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.07 | $0.19 | $0.17 | $0.14 | $0.18 | $0.19 |
Net realized and unrealized gain (loss) | 4.46 | 5.40 | (6.51) | 8.69 | 4.04 | 7.77 |
Total from investment operations | $4.53 | $5.59 | $(6.34) | $8.83 | $4.22 | $7.96 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.22) | $(0.24) | $(0.17) | $(0.17) | $(0.13) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.68) | $(2.91) | $(3.51) | $(1.47) | $(2.40) |
Net asset value, end of period (x) | $36.24 | $31.71 | $29.80 | $39.05 | $33.73 | $30.98 |
Total return (%) (r)(s)(t)(x) | 14.29(n) | 18.86 | (16.53) | 26.53 | 13.81 | 31.55 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.95(a) | 0.96 | 0.96 | 0.95 | 0.96 | 0.96 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | 0.40(a) | 0.61 | 0.51 | 0.38 | 0.61 | 0.63 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $77,355 | $72,960 | $73,753 | $98,721 | $97,452 | $126,846 |
Class R3 |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $33.84 | $31.58 | $41.17 | $35.40 | $32.44 | $26.52 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.12 | $0.29 | $0.27 | $0.23 | $0.27 | $0.27 |
Net realized and unrealized gain (loss) | 4.76 | 5.73 | (6.88) | 9.16 | 4.24 | 8.12 |
Total from investment operations | $4.88 | $6.02 | $(6.61) | $9.39 | $4.51 | $8.39 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.30) | $(0.31) | $(0.28) | $(0.25) | $(0.20) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.76) | $(2.98) | $(3.62) | $(1.55) | $(2.47) |
Net asset value, end of period (x) | $38.72 | $33.84 | $31.58 | $41.17 | $35.40 | $32.44 |
Total return (%) (r)(s)(t)(x) | 14.42(n) | 19.16 | (16.33) | 26.86 | 14.09 | 31.91 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.70(a) | 0.71 | 0.71 | 0.70 | 0.71 | 0.71 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | 0.64(a) | 0.85 | 0.76 | 0.56 | 0.86 | 0.87 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $199,279 | $201,128 | $216,939 | $329,365 | $268,506 | $298,778 |
Class R4 |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $34.83 | $32.41 | $42.18 | $36.19 | $33.13 | $27.04 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.17 | $0.38 | $0.37 | $0.34 | $0.36 | $0.36 |
Net realized and unrealized gain (loss) | 4.91 | 5.89 | (7.06) | 9.37 | 4.34 | 8.28 |
Total from investment operations | $5.08 | $6.27 | $(6.69) | $9.71 | $4.70 | $8.64 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.39) | $(0.41) | $(0.38) | $(0.34) | $(0.28) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.85) | $(3.08) | $(3.72) | $(1.64) | $(2.55) |
Net asset value, end of period (x) | $39.91 | $34.83 | $32.41 | $42.18 | $36.19 | $33.13 |
Total return (%) (r)(s)(t)(x) | 14.59(n) | 19.45 | (16.14) | 27.16 | 14.38 | 32.23 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.45(a) | 0.46 | 0.46 | 0.45 | 0.46 | 0.46 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | 0.89(a) | 1.09 | 1.01 | 0.82 | 1.11 | 1.13 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $49,477 | $54,005 | $62,504 | $84,717 | $72,574 | $75,864 |
Class R6 |
Six months ended |
Year ended | ||||
6/30/24 (unaudited) |
12/31/23 | 12/31/22 | 12/31/21 | 12/31/20 | 12/31/19 | |
Net asset value, beginning of period | $32.74 | $30.66 | $40.09 | $34.55 | $31.69 | $25.95 |
Income (loss) from investment operations | ||||||
Net investment income (loss) (d) | $0.17 | $0.39 | $0.38 | $0.34 | $0.37 | $0.37 |
Net realized and unrealized gain (loss) | 4.62 | 5.57 | (6.70) | 8.95 | 4.15 | 7.95 |
Total from investment operations | $4.79 | $5.96 | $(6.32) | $9.29 | $4.52 | $8.32 |
Less distributions declared to shareholders | ||||||
From net investment income | $- | $(0.42) | $(0.44) | $(0.41) | $(0.36) | $(0.31) |
From net realized gain | - | (3.46) | (2.67) | (3.34) | (1.30) | (2.27) |
Total distributions declared to shareholders | $- | $(3.88) | $(3.11) | $(3.75) | $(1.66) | $(2.58) |
Net asset value, end of period (x) | $37.53 | $32.74 | $30.66 | $40.09 | $34.55 | $31.69 |
Total return (%) (r)(s)(t)(x) | 14.63(n) | 19.55 | (16.06) | 27.25 | 14.50 | 32.34 |
Ratios (%) (to average net assets) and Supplemental data: |
||||||
Expenses before expense reductions | 0.37(a) | 0.38 | 0.38 | 0.37 | 0.38 | 0.38 |
Expenses after expense reductions | N/A | N/A | N/A | N/A | N/A | N/A |
Net investment income (loss) | 0.97(a) | 1.19 | 1.10 | 0.87 | 1.19 | 1.21 |
Portfolio turnover rate | 11(n) | 20 | 10 | 13 | 16 | 16 |
Net assets at end of period (000 omitted) | $1,238,612 | $1,158,846 | $1,099,102 | $1,274,122 | $1,135,316 | $1,006,215 |
(a) | Annualized. |
(d) | Per share data is based on average shares outstanding. |
(n) | Not annualized. |
(r) | Certain expenses have been reduced without which performance would have been lower. |
(s) | From time to time the fund may receive proceeds from litigation settlements, without which performance would be lower. |
(t) | Total returns do not include any applicable sales charges. |
(w) | Per share amount was less than $0.01. |
(x) | The net asset values and total returns have been calculated on net assets which include adjustments made in accordance with U.S. generally accepted accounting principles required at period end for financial reporting purposes. |
Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
Equity Securities: | ||||
United States | $6,519,765,179 | $- | $- | $6,519,765,179 |
France | - | 102,513,435 | - | 102,513,435 |
Israel | 85,751,655 | - | - | 85,751,655 |
Netherlands | 78,355,513 | - | - | 78,355,513 |
United Kingdom | 43,761,937 | - | - | 43,761,937 |
Canada | 35,219,157 | - | - | 35,219,157 |
Mutual Funds | 60,201,026 | - | - | 60,201,026 |
Total | $6,823,054,467 | $102,513,435 | $- | $6,925,567,902 |
Year ended 12/31/23 |
|
Ordinary income (including any short-term capital gains) | $58,640,119 |
Long-term capital gains | 604,641,444 |
Total distributions | $663,281,563 |
As of 6/30/24 | |
Cost of investments | $3,468,309,974 |
Gross appreciation | 3,508,645,871 |
Gross depreciation | (51,387,943) |
Net unrealized appreciation (depreciation) | $3,457,257,928 |
As of 12/31/23 | |
Undistributed ordinary income | 2,915,264 |
Undistributed long-term capital gain | 64,655,535 |
Other temporary differences | 22,490 |
Net unrealized appreciation (depreciation) | 3,001,488,476 |
Six months ended 6/30/24 |
Year ended 12/31/23 |
||
Class A | $- | $379,431,259 | |
Class B | - | 1,609,537 | |
Class C | - | 8,238,547 | |
Class I | - | 109,760,401 | |
Class R1 | - | 539,110 | |
Class R2 | - | 7,683,723 | |
Class R3 | - | 20,902,587 | |
Class R4 | - | 5,447,798 | |
Class R6 | - | 129,668,601 | |
Total | $- | $663,281,563 |
Distribution Fee Rate (d) |
Service Fee Rate (d) |
Total Distribution Plan (d) |
Annual Effective Rate (e) |
Distribution and Service Fee |
|
Class A | - | 0.25% | 0.25% | 0.25% | $ 4,915,036 |
Class B | 0.75% | 0.25% | 1.00% | 1.00% | 74,341 |
Class C | 0.75% | 0.25% | 1.00% | 1.00% | 392,210 |
Class R1 | 0.75% | 0.25% | 1.00% | 1.00% | 21,526 |
Class R2 | 0.25% | 0.25% | 0.50% | 0.50% | 187,688 |
Class R3 | - | 0.25% | 0.25% | 0.25% | 250,674 |
Total Distribution and Service Fees | $5,841,475 |
(d) | In accordance with the distribution plan for certain classes, the fund pays distribution and/or service fees equal to these annual percentage rates of each class's average daily net assets. The distribution and service fee rates disclosed by class represent the current rates in effect at the end of the reporting period. Any rate changes, if applicable, are detailed below. |
(e) | The annual effective rates represent actual fees incurred under the distribution plan for the six months ended June 30, 2024 based on each class's average daily net assets. MFD has voluntarily agreed to rebate a portion of each class's 0.25% service fee attributable to accounts for which there is no financial intermediary specified on the account except for accounts attributable to MFS or its affiliates' seed money. For the six months ended June 30, 2024, this rebate amounted to $13,244, $4, and $8 for Class A, Class B, and Class C shares, respectively, and is included in the reduction of total expenses in the Statement of Operations. |
Amount | |
Class A | $11,881 |
Class B | 1,574 |
Class C | 939 |
Six months ended 6/30/24 |
Year ended 12/31/23 |
||||
Shares | Amount | Shares | Amount | ||
Shares sold | |||||
Class A | 2,011,288 | $74,094,784 | 4,086,480 | $140,368,898 | |
Class B | 666 | 23,031 | 2,541 | 82,695 | |
Class C | 109,875 | 3,702,507 | 274,474 | 8,679,884 | |
Class I | 1,007,332 | 35,390,469 | 2,525,442 | 82,704,561 | |
Class R1 | 5,547 | 183,444 | 27,469 | 848,796 | |
Class R2 | 85,746 | 2,920,877 | 274,815 | 8,697,646 | |
Class R3 | 168,408 | 6,117,085 | 463,735 | 15,546,460 | |
Class R4 | 138,830 | 5,250,456 | 113,176 | 3,888,366 | |
Class R6 | 1,875,081 | 65,954,782 | 4,980,594 | 162,429,129 | |
5,402,773 | $193,637,435 | 12,748,726 | $423,246,435 | ||
Shares issued to shareholders in reinvestment of distributions |
|||||
Class A | - | $- | 10,340,516 | $354,678,550 | |
Class B | - | - | 49,360 | 1,606,923 | |
Class C | - | - | 251,197 | 7,891,119 | |
Class I | - | - | 3,044,164 | 99,671,641 | |
Class R1 | - | - | 17,270 | 539,110 | |
Class R2 | - | - | 241,875 | 7,668,110 | |
Class R3 | - | - | 617,841 | 20,902,587 | |
Class R4 | - | - | 156,387 | 5,446,020 | |
Class R6 | - | - | 3,869,144 | 126,711,332 | |
- | $- | 18,587,754 | $625,115,392 |
Six months ended 6/30/24 |
Year ended 12/31/23 |
||||
Shares | Amount | Shares | Amount | ||
Shares reacquired | |||||
Class A | (5,869,614) | $(216,622,055) | (13,178,669) | $(451,589,148) | |
Class B | (138,905) | (4,833,466) | (270,307) | (8,830,284) | |
Class C | (481,617) | (16,190,782) | (757,538) | (24,021,885) | |
Class I | (2,168,822) | (75,654,735) | (4,759,322) | (156,771,463) | |
Class R1 | (34,787) | (1,126,366) | (259,451) | (8,045,816) | |
Class R2 | (252,151) | (8,597,972) | (690,779) | (21,951,226) | |
Class R3 | (965,870) | (35,312,373) | (2,007,793) | (67,960,894) | |
Class R4 | (449,483) | (16,469,993) | (647,600) | (22,152,944) | |
Class R6 | (4,262,791) | (150,972,343) | (9,302,587) | (305,525,704) | |
(14,624,040) | $(525,780,085) | (31,874,046) | $(1,066,849,364) | ||
Net change | |||||
Class A | (3,858,326) | $(142,527,271) | 1,248,327 | $43,458,300 | |
Class B | (138,239) | (4,810,435) | (218,406) | (7,140,666) | |
Class C | (371,742) | (12,488,275) | (231,867) | (7,450,882) | |
Class I | (1,161,490) | (40,264,266) | 810,284 | 25,604,739 | |
Class R1 | (29,240) | (942,922) | (214,712) | (6,657,910) | |
Class R2 | (166,405) | (5,677,095) | (174,089) | (5,585,470) | |
Class R3 | (797,462) | (29,195,288) | (926,217) | (31,511,847) | |
Class R4 | (310,653) | (11,219,537) | (378,037) | (12,818,558) | |
Class R6 | (2,387,710) | (85,017,561) | (452,849) | (16,385,243) | |
(9,221,267) | $(332,142,650) | (537,566) | $(18,487,537) |
Affiliated Issuers |
Beginning Value |
Purchases |
Sales Proceeds |
Realized Gain (Loss) |
Change in Unrealized Appreciation or Depreciation |
Ending Value |
MFS Institutional Money Market Portfolio | $12,188,714 | $378,924,199 | $330,904,852 | $(6,093) | $(942) | $60,201,026 |
Affiliated Issuers |
Dividend Income |
Capital Gain Distributions |
MFS Institutional Money Market Portfolio | $1,015,364 | $- |
ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable to the Registrant.
ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There were no material changes to the procedures by which shareholders may send recommendations to the Board for nominees to the Registrant's Board since the Registrant last provided disclosure as to such procedures in response to the requirements of Item 407 (c)(2)(iv) of Regulation S-K or this Item.
ITEM 16. CONTROLS AND PROCEDURES.
Based upon their evaluation of the effectiveness of the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the "Act")) as conducted within 90 days of the filing date of this report on Form N-CSR, the Registrant's principal financial officer and principal executive officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the Registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.
There were no changes in the Registrant's internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by the report that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.
ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.
Not applicable to the Registrant.
ITEM 19. EXHIBITS.
Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit: Attached hereto as EX-99.COE.
Any policy required by the listing standards adopted pursuant to Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities association upon which the registrant's securities are listed. Not applicable.
A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2): Attached hereto as EX-99.302CERT.
Any written solicitation to purchase securities under Rule 23c-1 under the Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.
Change in the registrant's independent public accountant. Not applicable.
If the report is filed under Section 13(a) or 15(d) of the Exchange Act, provide the certifications required by Rule 30a-2(b) under the Act (17 CFR 270.30a-2(b)), Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)) and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) as an exhibit. A certification furnished pursuant to this paragraph will not be deemed "filed" for the purposes of Section 18 of the Exchange Act (15 U.S.C. 78r), or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. Attached hereto as EX-99.906CERT.
Notice
A copy of the Amended and Restated Declaration of Trust, as amended, of the Registrant is on file with the Secretary of State of The Commonwealth of Massachusetts and notice is hereby given that this instrument is executed on behalf of the Registrant by an officer of the Registrant as an officer and not individually and the obligations of or arising out of this instrument are not binding upon any of the Trustees or shareholders individually, but are binding only upon the assets and property of the respective constituent series of the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) MASSACHUSETTS INVESTORS TRUST
By (Signature and Title)*
/S/ DAVID L. DILORENZO
David L. DiLorenzo, President
Date: August 15, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)*
/S/ DAVID L. DILORENZO
David L. DiLorenzo, President (Principal Executive Officer)
Date: August 15, 2024
By (Signature and Title)*
/S/ KASEY L. PHILLIPS
Kasey L. Phillips, Treasurer (Principal Financial Officer and Accounting Officer)
Date: August 15, 2024
* Print name and title of each signing officer under his or her signature.