MCRXX — MFS U.S. Government Cash Reserve Fund
Data updated: 2025-12-29
MCRXX — MFS U.S. Government Cash Reserve Fund. Money Market · 0.45% expense ratio. Holdings, fees, performance and SEC filings.
MCRXX Fund Overview
MCRXX — MFS U.S. Government Cash Reserve Fund is a US mutual fund managed by Mfs Series Trust I, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mfs Series Trust I
- Category: Money Market
- Ticker: MCRXX
- SEC CIK: 0000798244
- SEC series ID: S000000762
- Share class ID: C000002182
MCRXX Investment Objective and Strategy
MFS U.S. Government Cash Reserve Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mfs Series Trust I.
Investment objective
The funds investment objective is to seek current income consistent with preservation of capital and liquidity.
Principal investment strategy
MFS (Massachusetts Financial Services Company, the funds investment adviser) normally invests at least 99.5% of the funds total assets in cash, U.S. Government money market instruments, and/or repurchase agreements collateralized by cash or U.S. Government securities. MFS normally invests at least 80% of the funds net assets in U.S. Government money market instruments and repurchase agreements collateralized by U.S. Government securities. In buying and selling investments for the fund, MFS follows U.S. Securities and Exchange Commission rules for money market funds regarding credit quality, diversification, liquidity, and maturity. MFS stresses maintaining a stable $1.00 per share price, liquidity, and income. For purposes of the funds 80% policy, net assets include the amount of any borrowings for investment purposes.
MCRXX Holdings
Top 10 holdings of MFS U.S. Government Cash Reserve Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bank of America NA | 18.34% |
| Fixed Income Clearing Corp. - State Street Bank & Trust Co. | 18.34% |
| U.S. Treasury Bill | 5.56% |
| U.S. Treasury Bill | 4.31% |
| U.S. Treasury Bill | 4.01% |
| U.S. Treasury Bill | 3.97% |
| U.S. Treasury Bill | 3.30% |
| Federal Home Loan Bank | 3.18% |
| Federal National Mortgage Assoc. | 3.10% |
| Federal Home Loan Mortgage Corp. | 3.08% |
MCRXX Costs and Fees
MCRXX costs about $45 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.45%
- Gross expense ratio: 1.58%
MCRXX Debt Constituents
No individual debt constituents are reported in MFS U.S. Government Cash Reserve Fund's latest SEC N-PORT filing.
MCRXX Prospectus and SEC Filings
Official MFS U.S. Government Cash Reserve Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.