Investor Presentaiton
Performance Drivers - Stocks
MFS
Average Weighting (%)
Returns (%)
Relative to Standard & Poor's 500 Stock Index (USD) - first quarter 2024
Portfolio
Benchmark
Portfolio¹
Benchmark
Relative
contribution(%)
Contributors
Tesla Inc
1.3
-29.3
0.7
Apple Inc
3.7
6.4
-10.8
-10.8
0.6
Howmet Aerospace Inc.
1.8
0.1
26.5
26.5
0.3
Asml Holding Nv
1.2
-
28.2
-
0.2
UnitedHealth Group Inc
1.1
-5.7
0.2
Detractors
Meta Platforms Inc
2.3
37.3
-0.5
American Tower Corp
1.5
0.2
-8.5
-8.5
-0.3
Xcel Energy Inc
Crown Holdings Inc
Zoetis Inc
1.0
0.1
-12.3
-12.3
-0.2
0.5
-15.8
-0.2
0.9
0.2
-14.1
-14.1
-0.2
1 Represents performance for the time period stock was held in portfolio.
Attribution results are generated by the FactSet application utilizing a methodology that is widely accepted in the investment industry. Results are based upon daily holdings using
a buy-and-hold methodology to generate individual security returns and do not include fees or expenses. As such, attribution results are essentially estimates and do not
aggregate to the total return of the portfolio, which can be found elsewhere in this presentation. Recent geopolitical events may have impacted or disrupted the pricing of specific
securities including the use of fair valuation approaches. Fair valuation practices across pricing sources index providers, pricing vendors, MFS - may not align due to security
specific considerations or timing of fair valuation parameters. For instance, decisions to use stale prices vs fair value or on the level of haircut when fair valuing securities are typical
sources of discrepancy between pricing sources observed during the events. This may further compound differences between attribution results and actual performance. To
obtain the contribution calculation methodology and a complete list of every holding's contribution to the overall portfolio's performance during the measurement period, please
email [email protected].
FOR DEALER AND INSTITUTIONAL USE ONLY. - Massachusetts Investors Trust
PRPEQ-MIT-31-Mar-24
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