MIVL — MFS Active International Value ETF

Data updated: 2026-05-18

MIVL — MFS Active International Value ETF. Latin America Value Equity · 0.57% expense ratio. Holdings, fees, performance and SEC filings.

MIVL Fund Overview

MIVL — MFS Active International Value ETF is a US ETF managed by MFS Active Exchange Traded Funds Trust, categorised as Latin America Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

MIVL Investment Objective and Strategy

MFS Active International Value ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by MFS Active Exchange Traded Funds Trust.

Investment objective

The funds investment objective is to seek capital appreciation.

Principal investment strategy

MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests at least 80% of the funds net assets in value companies. Value companies are companies that MFS believes are undervalued compared to their perceived worth in the marketplace. MFS considers a number of factors when determining whether a company is undervalued, including whether (i) the issuer is included in an index which is representative of value companies; (ii) the issuer is classified as a value company by an independent third party financial data provider and/or (iii) the issuer exhibits the characteristics of a value company, considering metrics such as historical and/or projected price-to-book, price-to-earnings, and price-to-cash flow ratios, enterprise value (the total value of the issuers outstanding equity and debt) relative to earnings, and free cash flow yield compared to the applicable equity market and/or to issuers in the same sector or industry.

In assessing the relative value of an issuer, MFS may also consider measures of financial quality, such as indicators of profitability (i.e., return on equity and return on invested capital), balance sheet strength (including leverage and interest coverage ratios), and capital allocation discipline. Value companies tend to have stock prices that are low relative to their earnings, dividends, assets, or other financial measures. MFS normally invests the funds assets primarily in foreign equity securities, including emerging market equity securities. Emerging market countries are countries with financial and capital markets in the development phase. Emerging market countries include countries located in Latin America, Asia, Africa, the Middle East, and developing countries of Europe, primarily Eastern Europe.

MFS normally invests the funds assets primarily in common stocks and depositary receipts. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. MFS may invest the funds assets in securities of companies of any size. MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the funds assets in issuers in a single industry, sector, country, or region. MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. In managing the fund, MFS also utilizes quantitative models to assist the portfolio management team in the portfolio construction and security selection process.

For purposes of the fund's 80% policy, net assets include the amount of any borrowings for investment purposes.

MIVL Costs and Fees

MIVL costs about $57 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.57%
  • Gross expense ratio: 0.57%

MIVL Debt Constituents

No individual debt constituents are reported in MFS Active International Value ETF's latest SEC N-PORT filing.

MIVL Prospectus and SEC Filings

Official MFS Active International Value ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Related 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.