MMUHX Fees and Costs — MFS Utilities Fund, Class R3
Data updated: 2026-09-28
The net expense ratio is 1.01%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $345K in broker commissions, 0.0135% of average net assets, and portfolio turnover was 14%.
MMUHX Fees and Expenses
Annual operating expenses and sales charges of MMUHX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.01% |
| 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 |
MMUHX Costs Over Time
On $10,000 invested in MMUHX, assuming 5% a year before costs, total costs come to $640 over 5 years, cutting the return by 1.07% 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 1.01%) | $106 | $331 | $574 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $352 | $640 |
| Value after costs | $10,393 | $11,224 | $12,123 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
MMUHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0135%
- Total broker commissions: $345K
- Bought from dealers (principal trades, not a cost): $18.4M
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $7.5M
- Net income from securities lending: $59K (0.002% of average net assets)
MMUHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $118K | 38.61% |
| UBS Securities LLC | $44K | 14.46% |
| Jefferies LLC | $38K | 12.36% |
| J.P. Morgan Securities LLC | $35K | 11.49% |
| BMO Capital Markets Corp. | $29K | 9.35% |
| BofA Securities, Inc. | $15K | 5.03% |
| Barclays Capital, Inc. | $9K | 2.93% |
| Liquidnet, Inc. | $6K | 2.10% |
| Goldman Sachs & Co. LLC | $6K | 2.03% |
| Cowen Execution Services LLC | $5K | 1.63% |
MMUHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $16.0M | 86.79% |
| J.P. Morgan Securities LLC | $2.4M | 13.21% |
MFS Utilities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MMUKX | Class R6 | 0.67% | none |
| MMUIX | Class I | 0.76% | none |
| MMUJX | Class R4 | 0.76% | none |
| MMUFX | Class A | 1.01% | 5.75% |
| MMUHX | Class R3 | 1.01% | none |
| MURRX | Class R2 | 1.26% | none |
| MMUBX | Class B | 1.76% | none |
| MMUCX | Class C | 1.76% | none |
| MMUGX | Class R1 | 1.76% | 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.