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MFS Mid Cap Value Fund - Class A

MVCAX · NASDAQ

Market closed$34.22$-0.220000 (-0.64%)

Key statistics

Previous close$34.44
Open$34.22
Day high$34.22
Day low$34.22
52-week high$34.44
52-week low$29.71
Market cap10.82B
Volume—
Average volume—
P/E ratio21.37
Forward P/E—
EPS1.60
Dividend yield0.00%

What is happening

Recent company-specific developments and publisher coverage.

July 16, 2026MFS Mid Cap Value Fund - Class A gained modestly, touching a new 52-week high, buoyed by a broadly constructive backdrop for financial sector holdings. Q2 earnings season has delivered exceptional results for the Finance sector, with earnings up over 30% year-over-year and 100% of reporting companies beating EPS estimates, according to Zacks. Wall Street banks — including Goldman Sachs, JPMorgan, Bank of America, and Citigroup — posted standout quarters driven by record trading revenue and surging M&A fees, directly benefiting the mid-cap value stocks this fund holds. The Financial Services ETF (XLF) also sits near 52-week highs, reflecting broad sector strength.

1.3836

July 15, 2026MFS Mid Cap Value Fund - Class A closed slightly lower against a broadly positive backdrop for financial services, as blockbuster Q2 earnings from major Wall Street firms — including record results from Goldman Sachs, Morgan Stanley, BlackRock, and BNY — lifted the XLF financial sector ETF near its 52-week high. However, Natixis strategists' outlook noting that 82% of investors prefer growth over value and 76% expect large-caps to outperform small-caps in H2 2026 poses a relative headwind for mid-cap value strategies like MVCAX, even as the broader asset management industry benefits from strong AUM flows and record iShares inflows at BlackRock.

-0.2646

July 14, 2026MFS Mid Cap Value Fund closed essentially unchanged, holding near its 52-week high, as the broader financial services sector navigated a volatile session driven by a cooler-than-expected June CPI print (3.5%) and strong Wall Street bank earnings — JPMorgan posted its highest-ever quarterly profit and Goldman Sachs topped estimates on a trading and dealmaking surge. While the XLF sector ETF edged lower in after-hours trading, value-oriented mid-cap strategies like MVCAX may benefit from the ongoing rotation away from expensive tech and into more value-focused equities, a trend Morningstar flagged as an opportunity amid concerns over AI disruption and private credit stress weighing on financial services broadly.

-0.147

July 13, 2026MFS Mid Cap Value Fund - Class A edged modestly higher, approaching its 52-week high, as the financial services sector navigated a volatile macro backdrop. Markets faced headwinds from renewed U.S.-Iran military strikes that sent oil prices surging ~5% and pressured equity futures, while investors simultaneously braced for a pivotal Q2 earnings week with major banks—JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo—all set to report on July 14. Morningstar noted financial stocks underperformed the broader market in Q2 amid AI disruption worries and private credit concerns, though strong capital markets activity and robust investment banking dealmaking are expected to support sector earnings.

0.4423

July 10, 2026MFS Mid Cap Value Fund - Class A edged higher, approaching its 52-week high of $34.16, as the broader financial services sector navigated a cautious but constructive market environment ahead of Q2 bank earnings season. Asset managers benefited from resilient equity market levels, with the S&P 500 near record highs, supporting fund AUM valuations. Investor attention is squarely on next week's major bank earnings kickoff, with strong Q1 results from peers like BNY Mellon — which posted record revenue and raised its full-year outlook — reinforcing confidence in the asset management industry's earnings trajectory.

0.9795

July 9, 2026MFS Mid Cap Value Fund - Class A is trading modestly lower as escalating U.S.-Iran tensions and a surge in oil prices have reignited inflation fears, pressuring value-oriented mid-cap equities. With Q2 bank earnings season kicking off July 14th and UBS flagging 'peak banking sector optimism,' investors are cautious on financial services holdings, even as broader S&P 500 earnings are expected to rise +24% year-over-year; the Financial Select Sector SPDR (XLF) is also pulling back amid rising Treasury yields and uncertainty over Fed rate policy.

-1.3181

July 6, 2026MFS Mid Cap Value Fund - Class A edged higher, touching a new 52-week high, as financial sector tailwinds and broadening market leadership supported mid-cap value names. Investors are closely watching the start of Q2 earnings season—with major bank results from JPMorgan, Bank of America, Citigroup, and Wells Fargo on deck—which could validate the recent rotation into financial and value-oriented stocks. Healthcare, industrials, and financials have outperformed over the past month, with Reuters noting that market gains may be broadening beyond mega-cap tech, a dynamic that tends to favor diversified mid-cap value strategies like MVCAX.

0.886

Pluang · June 8, 2026MFS launches two new ETFs targeting small-mid c...Morningstar · April 17, 2026The Best Small-/Mid-Cap Funds and ETFs To BuyMorningstar · January 9, 202613 Great Funds for 2026 and Beyond

Peers

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