MNWAX Fees and Costs — MFS Managed Wealth Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.38% (1.93% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $2K in broker commissions, 0.0066% of average net assets, and portfolio turnover was 11%.
MNWAX Fees and Expenses
Annual operating expenses and sales charges of MNWAX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.87% |
| Gross expense ratio | 1.93% |
| Fee waiver | −0.55% |
| Net expense ratio | 1.38% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MNWAX Costs Over Time
On $10,000 invested in MNWAX, assuming 5% a year before costs, total costs come to $1,545 over 5 years, cutting the return by 2.68% 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 |
| Sales charges | $673 | $575 | $575 |
| Fund expenses (net expense ratio 1.38%) | $137 | $424 | $733 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $29 | $112 | $234 |
| Total costs | $839 | $1,113 | $1,545 |
| Value after costs | $9,661 | $10,463 | $11,218 |
| Impact on return, per year | 8.39% | 3.48% | 2.68% |
MNWAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0066%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $760K
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
MNWAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2K | 93.97% |
| Goldman Sachs & Co. LLC | $147 | 6.03% |
MNWAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $659K | 86.76% |
| Natwest Markets Securities Inc. | $101K | 13.24% |
MFS Managed Wealth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MNWZX | Class R6 | 1.08% | none |
| MNWIX | Class I | 1.13% | none |
| MNWUX | Class R4 | 1.13% | none |
| MNWAX | Class A | 1.38% | 5.75% |
| MNWTX | Class R3 | 1.38% | none |
| MNWSX | Class R2 | 1.63% | none |
| MNWBX | Class B | 2.13% | none |
| MNWCX | Class C | 2.13% | none |
| MNWRX | Class R1 | 2.13% | 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.