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MFS Mid Cap Growth I

OTCIX · NASDAQ

Market closed$28.58$-0.190000 (-0.66%)

Key statistics

Previous close$28.77
Open$28.58
Day high$28.58
Day low$28.58
52-week high$34.67
52-week low$25.25
Market cap13.96B
Volume—
Average volume—
P/E ratio34.97
Forward P/E—
EPS0.82
Dividend yield0.00%

Market context

Why it moved

OTCIX edged lower amid thin trading conditions, with negligible volume suggesting a lack of meaningful buyer interest or catalysts to support the previous close price.

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What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026MFS Mid Cap Growth I (OTCIX) is trading essentially flat amid a broadly positive backdrop for financial services, as blockbuster Q2 earnings from Goldman Sachs, JPMorgan, BlackRock, and Morgan Stanley highlight a surging dealmaking and trading environment. The XLF financial sector ETF is holding near its 52-week high, supported by record Wall Street profits driven by the SpaceX IPO, a global M&A boom, and strong equities trading—all tailwinds for asset managers. However, Morningstar notes financials have underperformed the broader market over the past year amid AI disruption fears and private credit pressures, keeping sentiment mixed for mid-cap growth-oriented fund strategies.

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July 9, 2026MFS Mid Cap Growth I (OTCIX) is edging lower amid a risk-off market environment driven by escalating U.S.-Iran geopolitical tensions, which have sent oil prices sharply higher and reignited inflation fears. The broader financial services sector (XLF) is trading cautiously as investors brace for Q2 earnings season—set to kick off July 14 with major banks—while UBS and Zacks analysts flag strong capital markets activity but warn of peak banking optimism, elevated valuations, and potential deposit cost pressures as key themes to watch.

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July 6, 2026MFS Mid Cap Growth I (OTCIX) closed essentially unchanged as investors focused on broader market dynamics heading into a pivotal week for financial markets. The fund, which targets mid-cap growth equities, held steady amid a backdrop of rebounding semiconductor stocks lifting the Nasdaq and the S&P 500 extending its year-to-date gains past 9%. Attention this week centers on the release of Fed minutes from the June policy meeting and the kickoff of Q2 earnings season, with markets pricing roughly even odds of a Fed rate hike by September—a higher-for-longer rate environment that continues to weigh on growth-oriented asset managers.

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July 2, 2026MFS Mid Cap Growth I (OTCIX) is trading modestly lower, reflecting broader headwinds weighing on the asset management sector. Q1 earnings results across the sector were mixed, with peers including Artisan Partners, Carlyle, Blackstone, and Ares all declining an average of 8.9% since reporting, as revenues broadly missed analyst consensus estimates by 1.8%. Macro sentiment is cautious ahead of the June U.S. jobs report, with Fed Chair Kevin Warsh's comments on easing inflation risks helping to price out a July rate hike, while lingering uncertainty around U.S.-Iran tensions and chip sector volatility add to a risk-off tone in financial markets.

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June 30, 2026MFS Mid Cap Growth I edged higher in pre-market trading, rising approximately 1.4% from its previous close, as the fund benefits from a broad market rebound heading into the final session of the first half of 2026. Wall Street momentum carried over after the S&P 500 and Nasdaq snapped five-day losing streaks on Monday, driven by de-escalation in US-Iran tensions and a sharp recovery in technology and growth stocks. Mid-cap growth funds like OTCIX stand to gain from the tech-led rebound, though investors remain cautious amid elevated inflation (headline CPI at 4.1%), Fed independence concerns, and uncertainty over AI spending sustainability.

1.3587

June 25, 2026MFS Mid Cap Growth I gained modestly, closing up roughly 1.71%, as the fund benefited from a broad market recovery driven by blowout earnings from Micron Technology and raised guidance from Qualcomm, which helped lift semiconductor and mid-cap growth names after a sharp tech-led selloff earlier in the week. The rebound followed days of turbulence sparked by AI valuation concerns and a global chip selloff, with UBS noting that the broader rally remains intact given resilient macro fundamentals and continued hyperscaler AI capex commitments.

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Funds Society · June 10, 2026MFS Launches Two Active ETFs Focused on International Equities and U.S. Small- and Mid-CapsPluang · June 8, 2026MFS launches two new ETFs targeting small-mid c...Business Wire · September 24, 2025MFS Launches Active Mid Cap ETF (NYSE: MMID)

Peers

S&P 500SPX · $7,457.69-1.01%DFA U.S. Targeted Value PortfolioDFFVX · $43.94-0.75%DFA International Small Company PortfolioDFISX · $27.07-0.44%DFA US Small Cap IDFSTX · $61.23-0.73%DFA U.S. Small Cap Value PortfolioDFSVX · $61.93-0.79%DFA International Small Cap Value PortfolioDISVX · $33.18-0.69%Lazard Emerging Markets Equity PortfolioLZOEX · $31.44-0.69%MFS Research International R6MRSKX · $28.42-0.80%Lazard Emerging Markets Equity Portfolio R6 SharesRLEMX · $30.40-0.69%Templeton Growth Fd, Inc. Class ATEPLX · $28.80-1.13%American Century Growth Investor ClassTWCGX · $58.26-1.60%