# MFS Mid Cap Value Fund - Class A (MVCAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mvcax 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: 2001-08-31 The core aim of this fund is to achieve capital appreciation. It typically commits at least four-fifths of its net assets to companies with medium market capitalizations. The advisor generally identifies such mid-cap issuers as those possessing market values akin to entities within the Russell Midcap® Value Index, determined at the time of purchase and referencing the prior 13 months. The fund's holdings are primarily concentrated in equity securities. ## Key Facts | Metric | Value | |---|---| | Price | $34.42 | | Expense Ratio | 0.97% | | Assets Under Management | $10.88B | | NAV | $34.42 | | Holdings Count | — | | Distribution Yield (TTM) | 7.17% | | Annual Distribution (TTM) | $2.47 /share | | Distribution Frequency | Annual | | 52-Week Range | $29.71 – $35.83 | | Beta | 0.91 | ## Latest Distribution - Amount: $2.4674 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-10 ## Frequently Asked Questions ### What does MVCAX invest in? The core aim of this fund is to achieve capital appreciation. It typically commits at least four-fifths of its net assets to companies with medium market capitalizations. The advisor generally identifies such mid-cap issuers as those possessing market values akin to entities within the Russell Midcap® Value Index, determined at the time of purchase and referencing the prior 13 months. The fund's holdings are primarily concentrated in equity securities. ### What is the expense ratio of MVCAX? MFS Mid Cap Value Fund - Class A (MVCAX) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MVCAX? MFS Mid Cap Value Fund - Class A (MVCAX) manages $10.88B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MVCAX actively managed or an index fund? MVCAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MVCAX's is 0.97%) in exchange for the discretion to over- or under-weight positions. ### When was MVCAX launched? MFS Mid Cap Value Fund - Class A (MVCAX) launched in August 2001 and is managed by MFS. ### How has MVCAX performed? MVCAX'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 MVCAX pay a dividend? MFS Mid Cap Value Fund - Class A (MVCAX) currently distributes little or no income. Trailing-twelve-month yield is 7.17%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MVCAX pay dividends? MFS Mid Cap Value Fund - Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MVCAX's dividend yield? MVCAX's trailing-twelve-month yield is 7.17%, calculated from the sum of dividends over the past year divided by the current price. ### When is MVCAX's next ex-dividend date? The most recently announced ex-dividend date for MVCAX 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 MVCAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.97% 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 MVCAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MVCAX'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 MVCAX cost more than a fund like VOO? MVCAX is actively managed (current expense ratio 0.97%). 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 MVCAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MVCAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MVCAX (0.97%) 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/mvcax - Distribution history: https://www.dividenddata.com/funds/mvcax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mvcax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mvcax/expenses - Peer comparison: https://www.dividenddata.com/funds/mvcax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.