Morningstar® Investment Profile™   Morningstar®
Disclosure
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MFS® VIT Utilities Series Initial
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 59
Utilities Funds
Morningstar®
Style Box™
What is this?
As of 2022-05-31
Total Fund Assets ($ Mil)
1,319.39
View Historical Morningstar Star Ratings and Definitions
  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. 
  Investment Risks
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.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 72.5
Bullet Non-U.S. Stocks Non-U.S. Stocks 25.7
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.8
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-05-31
Morningstar Equity Sectors
% of Stocks
Cyclical 1.29
Basic Materials 0.00
Consumer Cyclical 0.00
Financial Services 0.00
Real Estate 1.29
Sensitive 6.99
Communication Services 6.99
Energy 0.00
Industrials 0.00
Technology 0.00
Defensive 91.72
Consumer Defensive 0.00
Healthcare 0.00
Utilities 91.72
Data through 2022-05-31
Holding Status
Total Number of Stock Holdings 48
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 46.61
Turnover % (as of 2021-12-31) 16.00
30 Day SEC Yield % ---
Top Holdings
Sector P/E % of Net
Assets
NextEra Energy Inc 102.28 9.96
Sempra Energy 53.72 5.34
Dominion Energy Inc 29.97 5.19
Southern Co 35.19 4.75
PG&E Corp 110.91 3.98
Exelon Corp 28.91 3.73
American Electric Power Co Inc 19.55 3.53
EDP Renovaveis SA --- 3.51
DTE Energy Co 29.62 3.32
Iberdrola SA --- 3.30
Data through 2022-05-31
  Principal Risks   
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
  Other Information
Inception Date: 1995-01-03
Portfolio Manager(s)
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.
Investment Advisor(s)
Massachusetts Financial Services Company
Issuer
MFS
Subadvisor(s)
Deloitte & Touche LLP
Show Data Definitions

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