EQNTX Fees and Costs — MFS Equity Income Fund, Class R3
Data updated: 2026-10-13
The net expense ratio is 0.89%: a 0.50% management fee, a 0.25% 12b-1 fee plus 0.18% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $88K in broker commissions, 0.0118% of average net assets, and portfolio turnover was 40%.
EQNTX Fees and Expenses
Annual operating expenses and sales charges of EQNTX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.18% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
EQNTX Costs Over Time
On $10,000 invested in EQNTX, assuming 5% a year before costs, total costs come to $565 over 5 years, cutting the return by 0.95% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $95 | $310 | $565 |
| Value after costs | $10,405 | $11,266 | $12,198 |
| Impact on return, per year | 0.95% | 0.95% | 0.95% |
EQNTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0118%
- Total broker commissions: $88K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 40%
EQNTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $63K | 72.52% |
| National Financial Services LLC | $6K | 7.09% |
| J.P. Morgan Securities LLC | $5K | 6.03% |
| Morgan Stanley & Co. LLC | $5K | 5.39% |
| Barclays Capital Inc. | $2K | 2.80% |
| Goldman Sachs & Co. LLC | $2K | 1.88% |
| UBS Securities LLC | $2K | 1.85% |
| Virtu Americas LLC | $1K | 1.30% |
| BMO Capital Markets Corp. | $652 | 0.75% |
| BNP Paribas Securities Corp. | $340 | 0.39% |
EQNTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $1.5M | 100.00% |
MFS Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EQNVX | Class R6 | 0.55% | none |
| EQNIX | Class I | 0.64% | none |
| EQNUX | Class R4 | 0.64% | none |
| EQNAX | Class A | 0.89% | 5.75% |
| EQNTX | Class R3 | 0.89% | none |
| EQNSX | Class R2 | 1.14% | none |
| EQNBX | Class B | 1.64% | none |
| EQNCX | Class C | 1.64% | none |
| EQNRX | Class R1 | 1.64% | none |
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.