Massachusetts Investors Trust Portfolio Overview
Performance Drivers - Stocks
Relative to Standard & Poor's 500 Stock Index (USD) - first quarter 2024
MFS
Average Weighting (%)
Returns (%)
Portfolio
Benchmark
Portfolio¹
Benchmark
Relative
Contribution (%)
Top 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
Top 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
1.0
0.1
-12.3
-12.3
-0.2
Crown Holdings Inc
Zoetis Inc
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 INVESTMENT PROFESSIONAL USE ONLY. Not intended for retail investors. - Massachusetts Investors Trust
MIT-PODBK-17-Apr-24
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