Morningstar® Investment Profile™   Morningstar®
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MFS® VIT Growth Init
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 1142
Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2022-05-31
Total Fund Assets ($ Mil)
1,773.46
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
The fund normally invests its assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. While it may invest the fund's assets in companies of any size, the fund primarily invests in companies with large capitalizations. It may invest its assets in foreign securities.
  Morningstar Category: Large Growth
Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 94.7
Bullet Non-U.S. Stocks Non-U.S. Stocks 3.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.3
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 29.37
Basic Materials 3.59
Consumer Cyclical 10.58
Financial Services 13.28
Real Estate 1.92
Sensitive 53.19
Communication Services 12.32
Energy 0.21
Industrials 6.17
Technology 34.49
Defensive 17.45
Consumer Defensive 3.06
Healthcare 14.39
Utilities 0.00
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 71
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 47.54
Turnover % (as of 2021-12-31) 12.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
Microsoft Corp 28.38 12.28
Amazon.com Inc 57.99 6.82
Alphabet Inc Class A 20.58 6.07
Apple Inc 24.20 5.07
Mastercard Inc Class A 37.24 3.56
Adobe Inc 41.36 3.47
Visa Inc Class A 33.31 3.03
Danaher Corp 30.96 2.46
Thermo Fisher Scientific Inc 29.58 2.44
Intuit Inc 46.88 2.34
Data through 2022-05-31
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Issuer, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Shareholder Activity, Management, Portfolio Diversification
Show Risk Definitions
  Other Information
Inception Date: 1995-07-24
Portfolio Manager(s)
Eric B. Fischman   (2002-04-01)
Eric B. Fischman, is an investment officer and portfolio manager at MFS Investment Management® since Novembwe 2019. Eric joined MFS as an equity research analyst in 2000 and was named portfolio manager in 2002. Prior to joining MFS he served as an equity research analyst at State Street Research and he was a staff attorney at the Federal Reserve Board in Washington, D.C. He earned an MBA from Columbia Business School, a Juris Doctorate degree from Boston University School of Law, and a Bachelor of Arts degree from Cornell University. He also holds the Certified Financial Analyst designation.
Paul J. Gordon   (2017-07-01)
Paul J. Gordon - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for buy and sell decisions, portfolio construction, risk control and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2004 - Previous experience includes 3 years as Equity Research Associate at Fidelity Investments Management and Research Co. - Babson College, BS, cum laude
Bradford Mak   (2021-06-30)
Bradford J. Mak - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for buy and sell decisions, portfolio construction, risk control and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2010; previous positions include Equity Research Analyst. - Previous experience includes 2 years as an Investment Analyst at Kingsbrook Partners, LP; 2 years as an Investment Analyst at Highbridge Capital Management; 3 years as Private Equity Associate - Healthcare Group at Paul Capital Partners; 2 years as Strategic
Investment Advisor(s)
Massachusetts Financial Services Company
Issuer
MFS
Subadvisor(s)
---
Show Data Definitions

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