SRESX — MFS Global Real Estate Portfolio
Data updated: 2026-08-24
SRESX — MFS Global Real Estate Portfolio. Global (incl. US) Real Estate · $156.19M AUM · 1.15% expense ratio. Holdings, fees, performance and SEC filings.
SRESX Fund Overview
SRESX — MFS Global Real Estate Portfolio is a US mutual fund managed by Mfs Variable Insurance Trust III, categorised as Global (incl. US) Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mfs Variable Insurance Trust III
- Category: Global (incl. US) Real Estate
- Assets under management: $156.19M
- 1-year return: 9.8%
- Ticker: SRESX
- SEC CIK: 0001065698
- SEC series ID: S000008069
- Share class ID: C000021902
SRESX Investment Objective and Strategy
MFS Global Real Estate Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mfs Variable Insurance Trust III.
Investment objective
The funds investment objective is to seek total return.
Principal investment strategy
MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests at least 80% of the funds net assets in U.S. and foreign real estate-related investments. Real estate-related investments are issuers that are principally engaged in real estate activities and/or providing products and services related to the real estate sector, including (i) real estate investment trusts (REITs); (ii) issuers similar to REITs formed under the laws of non-U.S. countries; (iii) issuers included in an index that is representative of real estate-related investments; (iv) issuers that a third party has given the issuer an industry or sector classification consistent with real estate-related activities; and (v) other issuers that earn at least 50% of their gross revenues or net profits from real estate activities or from products or services related to the real estate sector.
Real estate activities include owning, developing, managing, or acting as a broker for real estate. Examples of real estate products or services include building supplies and mortgage servicing. MFS normally invests the funds assets primarily in equity securities. MFS generally focuses the funds investments in equity REITs as well as similar entities formed under the laws of non-U.S. countries, but may also invest the funds assets in mortgage REITs, hybrid REITs and other U.S. and foreign real estate-related investments, including emerging market real estate-related investments. MFS may invest the funds assets in real estate-related investments of any size. However, issuers of real estate-related investments tend to have small-to-medium market capitalizations. MFS normally allocates the funds investments across different REIT managers and property types, but may from time to time focus the funds investments in any one or a few of these areas.
MFS normally invests the fund's assets across different countries and regions, but MFS may invest a significant percentage of the fund's assets in issuers in a single country or region. MFS generally invests the fund's assets in at least three different countries and invests a percentage of the fund's net assets in securities of foreign issuers equal to at least the lesser of 40% or the percentage of foreign issuers in the FTSE EPRA Nareit Developed Real Estate Index less 15%. MFS may invest a significant percentage of the funds assets in a single issuer or a small number of issuers. 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. For purposes of the fund's 80% policy, net assets include the amount of any borrowings for investment purposes.
SRESX Holdings
Top 10 holdings of MFS Global Real Estate Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Prologis Inc | 7.65% |
| Equinix Inc | 5.29% |
| Simon Property Group Inc | 4.08% |
| Ventas Inc | 3.92% |
| Goodman Group | 3.68% |
| Digital Realty Trust Inc | 3.27% |
| Mitsubishi Estate Co Ltd | 2.92% |
| BXP Inc | 2.86% |
| Rexford Industrial Realty Inc | 2.31% |
| Janus Living Inc | 2.29% |
SRESX Portfolio Allocation
Asset-class allocation of MFS Global Real Estate Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Derivatives | 0.5% |
SRESX Performance
Total returns for SRESX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.3% |
| 1 year | 9.8% |
| 3 years (annualised) | 5.9% |
| 5 years (annualised) | 0.0% |
SRESX Risk Information
Risk metrics for SRESX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.8%
SRESX Costs and Fees
SRESX costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 1.27%
- Portfolio turnover: 40%
- Brokerage commissions: 3.31 bps of average net assets (SEC N-CEN)
SRESX Cashflows
Over the 12 months to 2026-06, MFS Global Real Estate Portfolio had net outflows of $26.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$355.04K |
| 2026-05 | $945.42K |
| 2026-04 | −$6.05M |
| 2026-03 | −$2.12M |
| 2026-02 | −$17.10M |
| 2026-01 | −$3.94M |
SRESX Debt Constituents
No individual debt constituents are reported in MFS Global Real Estate Portfolio's latest SEC N-PORT filing.
SRESX Prospectus and SEC Filings
Official MFS Global Real Estate Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Global (incl. US) Real Estate 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.