SGMCX Fees and Costs — MFS Mid Cap Value Portfolio, Service Class
Data updated: 2026-08-24
The net expense ratio is 1.04%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.05% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $69K in broker commissions, 0.0121% of average net assets, and portfolio turnover was 24%.
SGMCX Fees and Expenses
Annual operating expenses and sales charges of SGMCX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.05% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SGMCX Costs Over Time
On $10,000 invested in SGMCX, assuming 5% a year before costs, total costs come to $657 over 5 years, cutting the return by 1.10% 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 1.04%) | $109 | $341 | $590 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $362 | $657 |
| Value after costs | $10,390 | $11,215 | $12,105 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
SGMCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): $1.4M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $569K
- Net income from securities lending: $11K (0.002% of average net assets)
SGMCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $12K | 18.44% |
| Morgan Stanley & Co. LLC | $11K | 18.13% |
| Goldman Sachs & Co. LLC | $11K | 16.90% |
| Jefferies LLC | $10K | 15.91% |
| BofA Securities, Inc. | $8K | 13.43% |
| TD Securities (USA) LLC | $3K | 4.54% |
| National Financial Services LLC | $3K | 4.04% |
| UBS Securities LLC | $2K | 3.23% |
| BMO Capital Markets Corp. | $2K | 2.73% |
| JonesTrading Institutional Services LLC | $2K | 2.64% |
SGMCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1.1M | 82.56% |
| Morgan Stanley & Co. LLC | $238K | 17.44% |
MFS Mid Cap Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SCGMX | Initial Class | 0.79% | — |
| SGMCX | Service Class | 1.04% | — |
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.