C000017792 Fees and Costs — MFS Value Portfolio, Class E
Data updated: 2026-08-27
The net expense ratio is 0.73%: a 0.62% management fee, a 0.15% 12b-1 fee plus 0.02% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $119K in broker commissions, 0.0045% of average net assets, and portfolio turnover was 12%.
C000017792 Fees and Expenses
Annual operating expenses and sales charges of C000017792. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000017792 Costs Over Time
On $10,000 invested in C000017792, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $462 |
| Value after costs | $10,423 | $11,323 | $12,301 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
C000017792 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $119K
- Bought from dealers (principal trades, not a cost): $4.4B
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $112.4M
- Net income from securities lending: $88K (0.003% of average net assets)
C000017792 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $23K | 21.81% |
| Goldman Sachs & Co. LLC | $15K | 14.12% |
| Jefferies LLC | $14K | 13.11% |
| BMO Capital Markets Corp. | $10K | 9.90% |
| Citigroup Global Markets Inc. | $9K | 9.08% |
| UBS Securities LLC | $9K | 8.43% |
| Morgan Stanley & Co. LLC | $8K | 8.01% |
| TD Securities (USA) LLC | $6K | 6.00% |
| National Financial Services LLC | $5K | 5.18% |
| Barclays Capital Inc. | $5K | 4.38% |
C000017792 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $4.1B | 93.85% |
| J.P. Morgan Securities LLC | $257.1M | 5.84% |
| BNY Capital Markets, LLC | $7.0M | 0.16% |
| Morgan Stanley & Co. LLC | $3.9M | 0.09% |
| Goldman Sachs & Co. LLC | $3.0M | 0.07% |
MFS Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000017790 | Class A | 0.58% | — |
| C000124380 | Class D | 0.68% | — |
| C000017792 | Class E | 0.73% | — |
| C000017791 | Class B | 0.83% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.