| MFS VIT Utilities Series Initial |
|
 |
|
| Release date as of 2024-10-31. Data on page is subject to change. |
|
|
Overall Morningstar
Rating™
|
| What is this?
|
|
 |
| As of 2024-10-31 |
|
Out of 58
Utilities Funds
|
|
|
|
|
|
| Total Fund Assets ($ Mil) |
| 1,167.45 |
|
|
|
| Investment Objective & Strategy |
|
| The investment seeks total return.
|
|
| MFS normally invests at least 80% of the fund's net assets in securities of issuers in the utilities industry. Issuers in the utilities industry include issuers engaged in the manufacture, production, generation, transmission, sale or distribution of electric, gas or other types of energy, water or other sanitary services; and issuers engaged in telecommunications. MFS primarily invests the fund's assets in equity securities, but may also invest in debt instruments, including below investment grade quality debt instruments. |
|
|
| Morningstar Category: Utilities |
|
| Utilities portfolios seek capital appreciation by investing primarily in equity securities of U.S. or non-U.S. public utilities including electric, gas, and telephone-service providers.
|
|
|
| Sector Funds: Funds that invest exclusively in one sector or industry involve risks due to the lack of industry diversification and expose the investor to increased industry-specific risks. |
|
|
|
% of Net Assets |
|
| U.S. Stocks |
79.5 |
|
| Non-U.S. Stocks |
19.7 |
|
| Bonds |
0.0 |
|
| Cash |
0.8 |
|
| Other |
0.0 |
|
|
| Total |
100.0 |
|
|
|
|
|
Data through
2024-10-31 |
|
|
|
|
| Morningstar Equity Sectors |
|
|
|
% of Stocks |
 |
Cyclical |
5.02 |
 |
Basic Materials |
0.00 |
 |
Consumer Cyclical |
0.00 |
 |
Financial Services |
0.00 |
 |
Real Estate |
5.02 |
|
|
|
 |
Sensitive |
1.93 |
 |
Communication Services |
1.43 |
 |
Energy |
0.00 |
 |
Industrials |
0.50 |
 |
Technology |
0.00 |
|
|
|
 |
Defensive |
93.05 |
 |
Consumer Defensive |
0.00 |
 |
Healthcare |
0.00 |
 |
Utilities |
93.05 |
|
| Data through 2024-10-31 |
|
|
| Total Number of Stock Holdings |
37 |
| Total Number of Bond Holdings |
0 |
| % of Net Assets in Top 10 Holdings |
57.03 |
|
|
| Turnover % |
(as of 2023-12-31) |
15.00 |
| 30 Day SEC Yield % |
--- |
|
|
Sector |
P/E |
% of Net
Assets
|
 |
|
|
|
|
 |
NextEra Energy Inc |
|
67.16 |
12.75 |
|
PG&E Corp |
|
17.28 |
6.97 |
|
Constellation Energy Corp |
|
34.97 |
6.89 |
|
DTE Energy Co |
|
16.83 |
4.72 |
|
Sempra |
|
17.81 |
4.61 |
 |
|
Dominion Energy Inc |
|
24.80 |
4.41 |
|
Xcel Energy Inc |
|
19.82 |
4.22 |
|
Southern Co |
|
21.22 |
4.22 |
|
Ameren Corp |
|
19.66 |
4.13 |
|
Edison International |
|
24.09 |
4.11 |
|
|
 |
|
|
|
|
|
| Credit and Counterparty, Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Issuer, Interest Rate, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Restricted/Illiquid Securities, Derivatives, Leverage, Fixed-Income Securities, Shareholder Activity, Management |
|
| Show Risk Definitions |
|
|
| Inception Date: 1995-01-03 |
|
| Claud P. Davis (2014-04-30) |
|
| Mr. Davis is an executive vice president in the global quantitative portfolio group in the Newport Beach office. He is a senior member of PIMCO’s quantitative strategies portfolio management team and manages multi-strategy alternatives, managed futures, managed volatility and tail risk hedging portfolios. He has conducted research and published extensively on systematic strategies, innovative hedging solutions and alternative risk premia. He began his career at PIMCO in the portfolio analytics group in 2008, where he worked on developing the core infrastructure for analyzing multi asset portfolios and advised institutional clients globally. |
|
| J. Scott Walker (2017-09-15) |
|
| J. Scott Walkeris an Investment Officer and Portfolio Manager of MFS and has been employed in the investment area of MFS since 2008. |
|
|
|
| Massachusetts Financial Services Company |
|
|
|
|
|
|
|
|
© Copyright 2024 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance. |
|
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
|
|
