Manager Skill Review · Fund (strategy-level)
MEIJX — MFS Value Fund
ERM3 analysis of the fund's reported holdings. Residual return is the component remaining after the specified model exposures; it does not establish predictive manager skill.
Large Value · 57 holdings · eff. N 33 · top-10 37%
- Evidence
- N-PORT · registered-fund holdings
- Holdings as of
- 2026-05-31
- Filed
- 2026-07-27
- Model
- ERM3 v3.0
Summary Risk Profile
Return attribution vs risk decompositionMFS Value Fund is a Large Value strategy across 57 names (effective N 33, top-10 37%). MFS Value Fund's +22.5% trailing return was led by market beta (+16.7% market); stock selection contributed +7.3%. About 33% of the trailing gross return came from stock selection versus buyable and style exposure — a mixed signature (return-based, swings with the window).Beta to SPY 0.72 explains 68% of NAV variance; ERM3's multifactor model captures 96% · modeled-vs-reported NAV correlation 0.97 over 199 months.Evidence — not a recommendation.
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.