MGLIX Fees and Costs — MFS Global Real Estate Fund, Class I
Data updated: 2026-07-27
The net expense ratio is 0.93%: a 0.81% management fee plus 0.13% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $598K in broker commissions, 0.0257% of average net assets, and portfolio turnover was 35%.
MGLIX Fees and Expenses
Annual operating expenses and sales charges of MGLIX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.13% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.93% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MGLIX Costs Over Time
On $10,000 invested in MGLIX, assuming 5% a year before costs, total costs come to $598 over 5 years, cutting the return by 1.00% 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 0.93%) | $98 | $305 | $529 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $100 | $329 | $598 |
| Value after costs | $10,400 | $11,248 | $12,164 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
MGLIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0257%
- Total broker commissions: $598K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
MGLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $118K | 24.29% |
| J.P. Morgan Securities LLC | $82K | 16.79% |
| Goldman Sachs & Co. LLC | $71K | 14.63% |
| JonesTrading Institutional Services LLC | $43K | 8.78% |
| UBS Securities LLC | $37K | 7.61% |
| BNP Paribas Securities Corp. | $35K | 7.22% |
| Morgan Stanley & Co. LLC | $32K | 6.65% |
| BofA Securities, Inc. | $26K | 5.40% |
| Barclays Capital Inc. | $21K | 4.37% |
| TD Securities (USA) LLC | $21K | 4.27% |
MFS Global Real Estate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MGLRX | Class R6 | 0.84% | none |
| MGLIX | Class I | 0.93% | none |
| MGLMX | Class R4 | 0.93% | none |
| MGLAX | Class A | 1.18% | 5.75% |
| MGLLX | Class R3 | 1.18% | none |
| MGLKX | Class R2 | 1.43% | none |
| MGLCX | Class C | 1.93% | none |
| MGLDX | Class B | 1.93% | none |
| MGLJX | Class R1 | 1.93% | 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.