Feb 13, 2017 - The Best Fund Families of 2016. Best Fund Families Over Five Years. 1. .... marketing material) after fee
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The Best Fund Families of 2016
Total Assets (bil)*
1-Year 1-Year 1. Natixis Global Asset Management 127.9 2. Pimco 289.0 2013 2013 Fund-Family Fund-Family Rankings Rankings Rank Family
3. State Street Bank & Trust 4. American Funds First Trust Advisors Rank Family Rank5.Family
114.9
Best Fund Families Over Five Years
Weighted Score
FUND RANKING U.S. World Mixed Taxable Tax-Exempt Equity Equity Equity Bond Bond
79.82
4
79.34
1
71.42
2
3. The 3.8. Hartford The Hartford Fund Advisors Dimensional 4. JPMorgan 4.9.JPMorgan Neuberger Berman 5. Goldman 5. SachsSachs & Co/GSAM & Co/GSAM 10.Goldman Invesco
6. Oppenheimer 6. Oppenheimer FundsFunds 11. Lord Abbett 7. Aberdeen 7. Aberdeen AssetAsset Management Management 12. USAA Asset Management 8. T Rowe 8. T Rowe Price Asociates Price Asociates 13. Thrivent Financial
$45.4 74.54 44.1$45.4 69.8274.5449 607.3 71.17 3334 333.9607.3 68.3071.17 57.4 57.4 69.76 302.3 66.4469.7626 185.3 67.36 1211 29.5185.3 66.1867.36 62.2 62.2 65.88 6 236.3 65.4565.8815 159.5 159.5 64.83 64.83 2537 113.6 65.13 11.9 11.9 63.71 63.71 20 53.9 63.62 31 371.6 371.6 63.36 63.363 17.2
63.61
8
® ® 9. MFS 9.14.MFS Investment Investment Management Management 113.9 113.9 62.3962.39723 Vanguard Group 2,984.6 61.72
61.9 61.9 61.94 1422 106.1 61.5661.94 106.2 106.2 61.47 61.47 2310 15.0 59.71 115.7 115.7 60.52 60.52 13 18.1 59.08 5 92.3 92.3 60.48 60.48 55 36.2 57.18 35 16.3 16.3 59.34 59.345 7.9 56.27 49 332.9 332.9 58.40 58.40 54 1,272.5 56.05 26 157.0 157.0 57.90 57.901 29.9135.7 56.0256.18 135.7 56.18 1916 22.Legg MFSMason Investment Management 201.8 55.9455.98 Legg 18. Mason 93.4 93.4 55.98 2645 23. Eaton Vance 78.3 55.9055.43 PNC 19. Funds PNC Funds 2.5 2.5 55.43 3138 24.Invesco Hartford Funds 97.5157.2 55.6255.15 Invesco 20. 157.2 55.15 1653 25.USAA Northern Trust Investments 38.9 41.4 55.0954.92 USAA 21. Asset Asset Management Management 41.4 54.92 3814 26.Fidelity TIAA 129.7970.6 55.0654.8617 Fidelity 22. Management Management & Research & Research 970.6 54.86 8 American 23. FundsFunds 939.9 54.32 1113 27.American BlackRock 958.9939.9 54.9954.32 Ivy 24. Investment Ivy Management Management 47.0 53.64 4452 28. SEIInvestment Investments 86.2 47.0 54.2153.64 Waddell 25. & Reed & Reed Invst Invst MgmtMgmt 20.5 53.23 2743 29.Waddell AllianceBernstein 61.3 20.5 53.6053.23 UBS 26. Global UBS Global Asset Asset Management Management 10.1 10.1 53.17 3041 30. T. Rowe Price 581.8 53.5853.17 Prudential 27. Investments 38.7 38.7 52.91 3524 31.Prudential JohnInvestments Hancock 171.3 53.5552.91 Thrivent 28. Thrivent Financial Financial Lutherans Lutherans 14.4 14.4 52.79 52.79 47 32. Delaware Management 44.1 52.84 40 First 29. Investors First Investors Management Management 6.5 6.5 52.11 52.11 24 33. Affiliated Managers Group 77.3 52.27 19 Afflilated 30. Afflilated Managers Managers GroupGroup 59.5 59.5 52.03 52.03 57 34. Transamerica Asset Management 40.2 51.99 27 Vanguard 31. Vanguard GroupGroup 1,620.7 1,620.7 51.46 51.46 15 35. Nuveen Fund Advisors 49.0 51.72 39 RidgeWorth 32. RidgeWorth FundsFunds 18.7 18.7 51.40 51.40 10 36. Principal Management 148.4 51.42 20 Nuveen 33. Nuveen Fund Fund Advisors Advisors 37.2 37.2 51.19 51.19 41 37.BMO Deutsche Asset & Wealth Mgmt 27.8 51.1951.15 BMO 34. Asset Asset Management Management 5.5 5.5 51.15 1725 38.Calvert Charles Schwab Investment Mgmt 102.1 51.0350.14 Calvert 35. Investments Investments 8.9 8.9 50.14 2221 39.AllianceBernstein OppenheimerFunds 177.5 50.8649.3050 AllianceBernstein 36. 48.4 48.4 49.30 9 40.Virtus Pioneer Investment Management 34.9 23.8 49.4849.24 Virtus 37. Investment Investment Partners Partners 23.8 49.24 6028 41. Nationwide Fund Advisors 20.0 58.0 49.1147.82 BNY 38. Mellon/Dreyfus BNY Mellon/Dreyfus 58.0 47.82 3230 42.BlackRock J.P. Morgan Asset Management 311.1556.0 49.0947.44 BlackRock 39. 556.0 47.44 2936 Eaton 40. Vance Vance Management Management 38.70 46.89 4944 43.Eaton Ivy Investment Management 31.338.70 48.5946.89 DWS 41. Investments Investments 38.7 38.7 46.89 4912 44.DWS American Century Investment Mgmt 120.6 48.4146.89 Charles 42. Schwab Schwab Invst Invst Management Management 38.0 46.83 2133 45.Charles UBS Asset Management 11.8 38.0 48.0546.83 Manning 43. & Napier & Threadneedle Napier Advisors Advisors 18.0 18.0 46.69 3946 46.Manning Columbia Investments 134.9 47.1446.69 SEI 44. Group SEI Group Sachs Asset Management 26.1 45.45 3451 47. Goldman 79.9 26.1 47.0545.45 American 45. American Century Century Invst Invst MgmtMgmt 92.0 92.0 44.59 44.59 43 48. Wells Fargo Funds Management 90.1 46.80 47 Federated 46. Federated Investors Investors 48.8 48.8 44.52 44.52 50 49. Virtus Investment Partners 21.4 46.78 42 HighMark 47. HighMark Capital Capital Management Management 2.7 2.7 43.76 43.76 52 50. BNY Mellon/Dreyfus 63.1 46.42 32 Genworth 48. Genworth Financial Financial Wealth Wealth MgmtMgmt 2.9 2.9 43.56 43.56 36 51. Federated Investors 60.0 45.39 57 Delaware 49. Delaware Management Management 33.5 33.5 41.98 41.98 42 52. Putnam Investment Management 52.7 43.45 18 Wells 50. Wells FargoFargo FundsFunds Management Management 91.1 91.1 41.72 41.72 28 53.State Prudential 72.0 66.2 43.2041.45 State 51. Street Street BankInvestments Bank & Trust & Trust 66.2 41.45 5656 54.Lazard MainStay Funds 52.9 19.5 43.0940.57 Lazard 52. AssetAsset Management Management 19.5 40.57 4861 55.Neuberger AssetMark 2.2 28.1 42.0940.25 Neuberger 53. Berman Berman Management Management 28.1 40.25 5829 56.Northern PNCTrust Funds 3.8 33.6 37.9840.08 Northern 54. Trust Investments Investments 33.6 40.08 4548 57.Russell Manning & Napier Advisors 8.9 36.9 35.6939.69 Russell 55. Investment Investment GroupGroup 36.9 39.69 4059 MainStay 56. FundsFunds 39.54 5355 58.MainStay Foresters Investment Management 47.9 9.2 47.9 34.6139.54 Guggenheim 57. Investments 16.2 39.47 1860 59.Guggenheim WaddellInvestments & Reed Investment Mgmt 20.0 16.2 31.7139.47 Frost 58. Investment Investment Advisors Advisors 2.7 39.15 6254 60.Frost Brown Advisory Funds 5.8 2.7 31.2939.15 Victory 59. Capital Capital Management Management 7.4 36.11 4658 61.Victory SIT Investment Associates 2.3 7.4 23.2736.11 Pioneer 60. Pioneer Investment Investment Management Management 32.0 32.0 35.48 35.48 61 State 61. State Farm Farm Investment Investment Management Management 12.8 12.8 34.37 34.37 59 Madison 62. Madison Investment Investment Advisors Advisors 0.6 0.6 17.43 17.43 51
10. TIAA-CREF 10. 15.TIAA-CREF Legg Mason 11. Principal 11. Principal Management Management 16. RidgeWorth Funds 12. John 12. Hancock John Hancock 17. State Farm Investment Mgmt 13. Lord 13. Abbett Lord Abbett & Co & Co 18. Russell Investments 14. GE 14.Asset GE Asset Management Management 19. BMO Asset Management 15. Franklin 15. Franklin Templeton Templeton 20. Fidelity Management & Research 16. Dimensional 16. Dimensional Fund Fund Advisors Advisors 21.Columbia Victory Capital Management 17. Columbia 17. Management Management 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62.
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Best Fund Families Over Ten Years Rank Family
Weighted Score
86.92 5-Year 5-Year 10-Year 10-Year 1. Pimco 78.39 2. MFS Investment Management 79.91 2. Hartford Funds 73.30 2013 2013 Fund-Family Fund-Family Rankings Rankings 2013 2013 Fund-Family Fund-Family Rankings Rankings 1. Pimco
3. Guggenheim Investments
––––––– ––––––– FUNDFUND RANKINGS RANKINGS ––––––– ––––––– 1,338.2 70.48 3 32 11 24 15 MutualMutual fund Weighted fund Weighted US World US World Mixed Taxable Mixed Taxable Tax-Exempt Tax-Exempt 4. T. Rowe Price 18.0 (bil)score 69.87score 17Equity 39 Bond Bond 2 Bond Rank assets assets (bil) Equity 7Equity Equity Equity4 Equity Bond Family Rank Family 5. Putnam Investment Management
1. Putnam 1.6.Putnam Investment Investment Management Management Guggenheim Investments 2. PIMCO/Allianz 2.7.PIMCO/Allianz Franklin Templeton Investments
18.
3
Weighted Score
Rank Family
FEBRUARY 13, 2017
72.93
3. Ivy Investment Management
71.40
4. RidgeWorth Funds
Weighted Weighted 5. Affiliated Managers Group Family Rank Family score score Rank 70.24
76.67 76.60
Weighted Weighted 74.42 score score
30 MainStay 1. MainStay FundsFunds 75.94 75.94 1. JPMorgan 1. JPMorgan 76.23 76.23 6.1.J.P. MorganAsset Management 74.25 6. American Funds 67.97 18 Ivy Investment Management Management 74.63 74.63 2. Ivy2.Investment Ivy Investment Management Management 75.98 75.98 2. Ivy2.Investment 7. T. Rowe Price 73.19 Fund Advisors 67.80 4 7.3.Dimensional 3. JPMorgan 72.14 72.14 Delaware 3. Delaware Management Management 74.60 74.60 3. JPMorgan 72.80 Financial 67.10 48 8.4.Thrivent Delaware 4.Hancock Delaware Management Management 71.39 71.39 Virtus 4. Virtus Investment Investment Partners Partners 73.07 73.07 8.4.John ® ® 10 9.5.MFS 71.84 Franklin 5.Investment Franklin Templeton Templeton 71.34 71.34 9.5.Vanguard Management 67.04 MFS 5. Investment MFSGroup Investment Management Management 71.3671.36 2 6. PIMCO/Allianz 6. PIMCO/Allianz 70.61 70.61 10.6.Invesco 69.78 Prudential 6. Prudential Investments Investments 69.50 69.50 10. Lord Abbett 66.37 57 7. Wells 7. Wells FargoFargo FundsFunds Management Management 70.56 70.56 7. Invesco 7. Invesco 69.28 69.28 11. Nuveen Fund Advisors 68.19 Funds 65.64 29 11.8.PNC Invesco 8. Invesco 68.94 68.94 8. Wells 8. Wells FargoFargo FundsFunds Management Management 69.11 69.11 12. Wells Fargo Funds Management 67.78 64.96 ® ® 15 12.9.John MFS 9.Hancock Investment MFS Investment Management Management 68.5268.52 9. Vanguard 9. Vanguard GroupGroup 68.55 68.55 13. Waddell & Reed Investment Mgmt 67.31 64.54 19 13. 10. Hancock John Hancock GroupGroup 68.09 68.09 10.Invesco RidgeWorth 10. RidgeWorth FundsFunds 68.15 68.15 10. John Management 67.01 21 14. 11.Delaware T 11. Rowe T Rowe Price Associates Price Associates 67.29 67.29 11.TIAA Vanguard 11. Vanguard GroupGroup 68.05 68.05 14. 64.12 40 12. Legg 12.Columbia American 12. American FundsFunds Investments 65.02 67.12 67.12 Legg Mason Mason 67.35 67.35 15. Threadneedle 15. J.P.12. Morgan Asset Management 63.72 3 13. John 13.Prudential Columbia 13. Columbia Management Management 66.94 66.94 13. Hancock John Hancock GroupGroup 66.97 66.97 16. Investments 63.58 16. Nuveen Fund Advisors 63.04 50 14. Affiliated 14. PIMCO/Allianz 66.49 66.49 14. Affiliated Managers Managers GroupGroup 66.42 66.42 14. PIMCO/Allianz 17. BlackRock 62.58 Mason 61.75 36 17. 15. Franklin Templeton Templeton 66.00 66.00 15.Legg T 15. Rowe T Rowe Price Associates Price Associates 66.10 66.10 15. Franklin 62.55 52 18. 61.49 16.TIAA Eaton 16. Eaton VanceVance Management Management 64.19 64.19 16.OppenheimerFunds Waddell 16. Waddell & Reed & Reed Investment Investment MgmtMgmt 65.53 65.53 18. 25 19. 17.Lord RidgeWorth 17.Abbett RidgeWorth FundsFunds 62.54 62.54 17.Vanguard Prudential 17. Prudential Investments Investments 62.31 62.31 19. 61.97 Group 61.12 12 18. Columbia 18.Franklin Oppenheimer 18. Oppenheimer Funds Funds 62.45 62.45 18. Columbia Management Management Co Co 60.89 60.89 20. Templeton Investments 61.02 20. Victory Capital Management 60.94 56 19. Nuveen 19. Fidelity Management Management & Research & Research 61.77 61.77 19. Nuveen Fund Fund Advisors Advisors 60.52 60.52 19. Fidelity 21. American Funds 60.94 21. Fidelity Management & Research 59.99 23 20. MainStay 20. BlackRock 60.91 60.91 20. MainStay FundsFunds 60.40 60.40 20. BlackRock Funds 8 22. Sachs Asset Management 59.51 21.Hartford Waddell 21. Waddell & Reed & Reed Invst Invst MgmtMgmt 60.17 60.42 60.42 21.Goldman Lord 21. Abbett Lord Abbett & Co & Co 60.32 60.32 22. 35 23. Funds 59.92 22.MainStay Lord 22. Abbett Lord Abbett & Co & Co 59.14 59.14 22.Principal HighMark 22. HighMark Capital Capital Management Management58.69 59.20 59.20 23. Management 28 23. BNY 23.Fidelity Principal 23. Principal Management Management Corp Corp 59.07 59.07 23. Mellon/Dreyfus BNY Mellon/Dreyfus 57.44 57.44 24. Management & Research 59.43 24. Columbia Threadneedle Investments 58.57 54 24. BlackRock 24. Federated Investors Investors 58.78 58.78 24. BlackRock 57.31 57.31 24. Federated 25. Eaton Vance 59.12 25. Eaton Vance 58.22 49 25. Charles 25. Goldman SachsSachs & Co/GSAM & Co/GSAM 57.53 57.53 25. Charles Schwab Schwab Invst Invst MgmtMgmt 56.13 56.13 25. Goldman Fund Advisors 58.03 46 26. 57.96 26.Dimensional Virtus 26. Virtus Investment Investment Partners Partners 56.72 56.72 26.USAA Manning 26. Asset Manning &Management Napier & Napier Advisors Advisors 54.96 54.96 26. 34 27. Partners 57.68 27.Virtus AllianceBernstein 27. Investment AllianceBernstein 55.14 55.14 27.BlackRock Putnam 27. Putnam Investment Investment Management Management 54.80 54.80 27. 57.86 42 28. First 28.Principal State 28. State Farm Farm Investment Investment MgmtMgmt 57.60 54.90 54.90 28. Investors First Investors Management Management 54.61 54.61 28. Management 28. State Street Bank & Trust 57.82 39 29. TIAA-CREF 29. Legg Mason Mason 54.64 54.64 29. TIAA-CREF 54.58 54.58 29. Legg 29. American Century Investment Mgmt 57.35 29. Charles Schwab Investment Mgmt 57.72 20 30. Oppenheimer 30. Nuveen Fund Fund Advisors Advisors 54.24 54.24 30. Oppenheimer FundsFunds 54.27 54.27 30. Nuveen 30. State Street Bank & Trust 57.25 Funds 26 30. 31.Hartford The Hartford 50.85 50.85 31.RidgeWorth American 31. American Century Century Invst Invst MgmtMgmt 57.28 54.21 54.21 31. The 14 31. Schwab Investment Mgmt 32.Charles American 32. American Century Century Invst Invst Mgmt Mgmt 56.84 49.32 49.32 32.AllianceBernstein Eaton 32. Eaton VanceVance Management Management 53.09 53.09 31. 56.96 6 33. Dimensional 33.Legg Pioneer 33.Mason Pioneer Investment Investment Management Management 48.66 48.66 33. Dimensional MgmtMgmt Fund Fund Advisers Advisers52.35 52.35 32. 55.91 32. Northern Trust Investments 55.29 11 34. Principal 34. USAA AssetAsset Management Management 46.84 46.84 34. Principal Management Management 52.34 52.34 34. USAA 33. PNC Funds 54.45 Delaware Management 54.92 47 33. 35. Charles Schwab Schwab Investment Investment MgmtMgmt45.48 45.48 35. Aberdeen 35. Aberdeen AssetAsset Management Management 52.33 52.33 35. Charles 34. Guggenheim Investments 53.59 Investment Management 54.76 43 34. 36. Putnam Investment Investment Management Management43.87 43.87 36.Pioneer Fidelity 36. Fidelity Management Management & Research & Research 51.67 51.67 36. Putnam 44 35. Capital Management 37.Victory UBS 37. Global UBS Global Asset Asset Management Management 53.13 43.60 43.60 37.Federated USAA 37. USAA Asset Asset Management Management 50.48 50.48 35. Investors 53.04 33 38. State 38.AllianceBernstein Northern 38. Northern Trust Trust Investment Investment 42.34 42.34 State Farm Farm Investment Investment MgmtMgmt 52.70 49.97 49.97 36. 53.12 36. SEI38. Investments 31 39. Guggenheim 39. Mellon/Dreyfus BNY Mellon/Dreyfus 41.47 41.47 39. Guggenheim Investments Investments 49.71 49.71 39. BNY 37. BNY Mellon/Dreyfus 51.86 Deutsche Asset & Wealth Mgmt 52.22 22 37. 40. Russell Investment Investment GroupGroup 40.53 40.53 40. Goldman 40. Goldman SachsSachs & Co/GSAM & Co/GSAM 49.45 49.45 40. Russell 38. Thrivent Financial 51.62 Investment Management 51.51 22 38. 41. DWS Investments Investments 39.37 39.37 41.Ivy Calvert 41. Calvert Investments Investments 49.32 49.32 41. DWS AssetManagement Management 51.07 16 39. 42.Goldman First 42. Investors FirstSachs Investors Management 37.72 37.72 42.BNY American 42.Mellon/Dreyfus American FundsFunds 49.31 49.31 39. 51.10 61 43. Northern 43.OppenheimerFunds GE 43.Asset GE Asset Management Management 37.28 37.28 43. Northern Trust Trust InvstGroup Invst 48.86 48.86 40. 50.61 40. Affiliated Managers 50.98 24 44. AllianceBernstein 44.Putnam Calvert 44. Calvert Investments Investments 36.06 36.06 44. AllianceBernstein 46.94 46.94 41. Investment Management 50.36 41. Franklin Templeton Investments 50.35 27 45. UBS 45. Funds PNC Funds 31.92 31.92 45. Global UBS Global AssetAsset Management Management 45.46 45.46 45. PNC 42. Foresters Investment Management 50.19 Management 49.21 32 42. 46.Group SEI Group 29.23 29.23 46.UBS Federated 46.Asset Federated Investors Investors 43.32 43.32 46. SEI 49.86 55 43. 48.83 47.MainStay PNC 47. Funds PNCFunds Funds 42.35 42.35 43. Northern Trust Investments 52 44. 48.American GE 48.Asset GE Asset Management Management 42.25 42.25 44. USAA Asset Management 47.60 Century Invst Mgmt 48.14 9 49. SEI 49.Group SEI Group 41.59 41.59 45. Pioneer Investment Management 47.57 45. Nationwide Fund Advisors 46.95 17 50. The 50.Hartford The Hartford 41.07 41.07 46. Federated Investors 45.59 Investment Partners 46.67 38 46. 51.Virtus DWS 51. DWS Investments Investments 39.28 39.28 45.04 62 47. Investments 45.82 52.Prudential Pioneer 52. Pioneer Investment Investment Management Management 37.88 37.88 47. Nationwide Fund Advisors 37 48. 53.Wells Russell 53. Fargo Russell Investment Investment GroupGroup 32.13 32.13 48. UBS Asset Management 42.94 Funds Management 44.61 41 49. Russell Investments 39.64 49. Foresters Investment Management 43.85 51 50. State Farm Investment Mgmt 39.13 43.00 5 50. Russell Investments 51. SEI Investments 38.05 13 51. Waddell & Reed Investment Mgmt 39.86 60 52. State Farm Investment Mgmt 52. Deutsche Asset & Wealth Mgmt 37.44 28.05 59 53. Manning & Napier Advisors 30.36 53. AssetMark 21.41 1 54. Manning & Napier Advisors 21.27 45 Source: Source: LipperLipper 58
See See the the reverse reverse sideside for other for other important important information. information.
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AR
How We Rank the Fund Families All mutual and exchange-traded Funds are required to report their returns (to regulators as well as in advertising and marketing material) after fees are deducted, to better reflect what investors would actually experience. But our aim is to measure manager skill, independent of expenses beyond annual management fees. That’s why we calculate returns before any 12b-1 fees are deducted. Similarly, fund loads, or sales charges, aren’t included in our calculation of returns. Each fund’s performance is measured against all of the other funds in its Lipper category, with a percentile ranking of 100 being the highest and one the lowest. This result is then weighted by asset size, relative to the fund family’s other assets in its general classification. If a family’s biggest funds do well, that boosts its overall ranking; poor performance in its biggest funds hurts a firm’s ranking. To be included in the ranking, a firm must have at least three funds in the general equity category, one world equity, one mixed equity (such as a balanced or target-date fund), two taxable bonds, and one tax-exempt bond fund. Single-sector, country, and state-specific municipal-bond funds are not factored into the score; nor are Standard & Poor’s 500 index funds. Finally, the score is multiplied by the weighting of its general classification, as determined by the entire Lipper universe of funds. The category weightings for the one-year results in 2016 were general equity, 39.6%; mixed asset, 17.4%; world equity, 17.2%; taxable bond, 22.3%; tax-exempt bond, 3.5%. The category weightings for the five-year results were general equity, 40%; world equity, 17.1%; mixed asset, 17.1%; taxable bond, 22.1%; tax-exempt bond, 3.7%. For the 10-year list, they were general equity, 45.4%; world equity, 15.4%; mixed asset, 16.5%; taxable bond, 18.7%; tax-exempt bond, 4%. The scoring: Say a fund in the general U.S. equity category has $500 million in assets, accounting for half of the firm’s assets in that category, and its performance lands it in the 75th percentile for the category. The first calculation would be 75 times 0.5, which comes to 37.5. That score is then multiplied by 39.6%, general equity’s overall weighting in Lipper’s universe. So it would be 37.5 times 0.396, which equals 14.85. Similar calculations are done for each fund in our study. Then the numbers are added for each category and overall. The shop with the highest total score wins. The same process is repeated to determine the five- and 10-year rankings.
*For the 9th straight year, MFS has been ranked in the top 10 fund families for at least one of the 1-, 5-, or 10-year periods.
For additional information please contact your investment professional or visit us online at mfs.com. Investment professionals can contact their MFS representative at 1-800-343-2829.
Keep in mind that all investments, including mutual funds, carry a certain amount of risk, including the possible loss of the principal amount invested. Past performance is no guarantee of future results.
Keep in mind that a high relative ranking does not always mean the fund achieved a positive return during the period. Before investing, consider the fund’s investment objectives, risks, charges, and expenses. For a prospectus or summary prospectus containing this and other information, contact your investment professional or view online at mfs.com. Please read it carefully. MFS Fund Distributors, Inc., Boston, MA
MFSP-BARRANK-FLY-5/17 17842.11
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