Manager Skill Review · Fund (strategy-level)
MEIJX — MFS Value Fund
Strategy-level ERM3 read from the fund's reported holdings — the mandate-accurate view. The stock-selection residual persists out of sample.
Large Value · 38 holdings · eff. N 29 · top-10 45% · as of 2026-05-31
Summary Risk Profile
Return attribution vs risk decompositionMFS Value Fund is a Large Value strategy across 38 names (effective N 29, top-10 45%). MFS Value Fund's +13.2% trailing return was led by market beta (+17.3% market); stock selection contributed -1.7%. Over the trailing window stock selection detracted (-13% of gross); the risk decomposition is the steadier read.Beta to SPY 0.73 explains 69% of NAV variance; ERM3's multifactor model captures 96% · modeled-vs-reported NAV correlation 0.90 over 244 months.Evidence — not a recommendation.
Key
Cumulative return
trailing 12m · gross vs buyableStrategy-level read from the fund's reported holdings via the RiskModels ERM3 model. Figures are gross, holdings-derived, and within-mandate. Informational use only — not investment advice.