# MFS Mid Cap Value Fund (MCVIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mcvix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: MFS · Asset class: Equity - Strategy: Actively Managed · Inception: 2001-10-31 This fund typically allocates a substantial majority—at least 80% of its net assets—to companies exhibiting medium market capitalizations. The fund's management defines these mid-cap entities as those with market values similar to the companies comprising the Russell Midcap® Value Index, based on their valuations over the prior 13 months at the time of investment. Furthermore, the portfolio is primarily composed of equity securities. ## Key Facts | Metric | Value | |---|---| | Price | $36.25 | | Expense Ratio | 0.72% | | AUM (All Share Classes) | $11.46B | | NAV | $36.25 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 7.02% | | Annual Distribution (TTM) | $2.55 /share | | Distribution Frequency | Annual | | 52-Week Range | $30.83 – $37.22 | | Beta | 0.91 | ## Latest Distribution - Amount: $2.5461 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-10 ## Frequently Asked Questions ### What does MCVIX invest in? This fund typically allocates a substantial majority—at least 80% of its net assets—to companies exhibiting medium market capitalizations. The fund's management defines these mid-cap entities as those with market values similar to the companies comprising the Russell Midcap® Value Index, based on their valuations over the prior 13 months at the time of investment. Furthermore, the portfolio is primarily composed of equity securities. ### What is the expense ratio of MCVIX? MFS Mid Cap Value Fund (MCVIX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MCVIX? MFS Mid Cap Value Fund (MCVIX) is one share class of a fund that manages $11.46B across all of its share classes (MVCKX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MCVIX actively managed or an index fund? MCVIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MCVIX's is 0.72%) in exchange for the discretion to over- or under-weight positions. ### When was MCVIX launched? MFS Mid Cap Value Fund (MCVIX) launched in October 2001 and is managed by MFS. ### How has MCVIX performed? MCVIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does MCVIX pay a dividend? MFS Mid Cap Value Fund (MCVIX) currently distributes little or no income. Trailing-twelve-month yield is 7.02%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MCVIX pay dividends? MFS Mid Cap Value Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MCVIX's dividend yield? MCVIX's trailing-twelve-month yield is 7.02%, calculated from the sum of dividends over the past year divided by the current price. ### When is MCVIX's next ex-dividend date? The most recently announced ex-dividend date for MCVIX was 2025-12-09. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MCVIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.72% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MCVIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MCVIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MCVIX cost more than a fund like VOO? MCVIX is actively managed (current expense ratio 0.72%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MCVIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MCVIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MCVIX (0.72%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mcvix - Distribution history: https://www.dividenddata.com/funds/mcvix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mcvix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mcvix/expenses - Peer comparison: https://www.dividenddata.com/funds/mcvix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.