Issuer | Shares/Par | Value ($) | ||
Common Stocks – 99.2% | ||||
Aerospace – 2.1% | ||||
CACI International, Inc., “A” (a) | 16,883 | $4,006,167 | ||
Honeywell International, Inc. | 13,123 | 2,676,042 | ||
Lockheed Martin Corp. | 7,796 | 2,845,540 | ||
Northrop Grumman Corp. | 8,527 | 2,577,371 | ||
$12,105,120 | ||||
Business Services – 7.0% | ||||
Accenture PLC, “A” | 12,519 | $3,118,358 | ||
Amdocs Ltd. | 185,315 | 12,195,580 | ||
CoStar Group, Inc. (a) | 10,715 | 9,756,757 | ||
Fidelity National Information Services, Inc. | 16,009 | 2,375,896 | ||
Fiserv, Inc. (a) | 20,919 | 2,409,450 | ||
FleetCor Technologies, Inc. (a) | 8,809 | 2,336,235 | ||
Global Payments, Inc. | 29,621 | 5,781,723 | ||
Verisk Analytics, Inc., “A” | 16,019 | 3,176,728 | ||
$41,150,727 | ||||
Cable TV – 3.9% | ||||
Cable One, Inc. | 4,710 | $9,328,956 | ||
Charter Communications, Inc., “A” (a) | 13,158 | 8,578,884 | ||
Comcast Corp., “A” | 105,482 | 5,299,416 | ||
$23,207,256 | ||||
Computer Software – 7.1% | ||||
Adobe Systems, Inc. (a) | 34,955 | $16,724,919 | ||
Microsoft Corp. | 105,179 | 22,515,669 | ||
Oracle Corp. | 48,863 | 2,820,372 | ||
$42,060,960 | ||||
Computer Software - Systems – 1.6% | ||||
Apple, Inc. | 44,128 | $5,253,438 | ||
EPAM Systems, Inc. (a) | 12,742 | 4,107,129 | ||
$9,360,567 | ||||
Construction – 1.4% | ||||
AvalonBay Communities, Inc., REIT | 26,896 | $4,480,604 | ||
Mid-America Apartment Communities, Inc., REIT | 29,304 | 3,696,993 | ||
$8,177,597 | ||||
Consumer Products – 1.9% | ||||
Procter & Gamble Co. | 78,696 | $10,928,514 | ||
Electrical Equipment – 2.6% | ||||
AMETEK, Inc. | 25,905 | $3,070,520 | ||
Johnson Controls International PLC | 90,456 | 4,164,594 | ||
TE Connectivity Ltd. | 69,134 | 7,879,202 | ||
$15,114,316 | ||||
Electronics – 1.4% | ||||
Texas Instruments, Inc. | 51,178 | $8,252,452 | ||
Food & Beverages – 5.9% | ||||
General Mills, Inc. | 117,641 | $7,154,926 | ||
Ingredion, Inc. | 85,386 | 6,587,530 | ||
J.M. Smucker Co. | 23,773 | 2,786,195 | ||
Mondelez International, Inc. | 67,138 | 3,857,078 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks – continued | ||||
Food & Beverages – continued | ||||
PepsiCo, Inc. | 98,991 | $14,277,472 | ||
$34,663,201 | ||||
Food & Drug Stores – 1.2% | ||||
Wal-Mart Stores, Inc. | 48,267 | $7,374,715 | ||
Insurance – 5.6% | ||||
Allstate Corp. | 50,446 | $5,163,148 | ||
AON PLC | 31,065 | 6,364,908 | ||
Chubb Ltd. | 38,025 | 5,621,236 | ||
Everest Re Group Ltd. | 36,687 | 8,340,055 | ||
MetLife, Inc. | 159,276 | 7,353,773 | ||
$32,843,120 | ||||
Internet – 5.1% | ||||
Alphabet, Inc., “A” (a) | 9,335 | $16,377,324 | ||
Alphabet, Inc., “C” (a) | 5,546 | 9,765,064 | ||
Facebook, Inc., “A” (a) | 13,069 | 3,619,721 | ||
$29,762,109 | ||||
Leisure & Toys – 0.4% | ||||
Electronic Arts, Inc. (a) | 20,134 | $2,572,119 | ||
Machinery & Tools – 4.0% | ||||
AGCO Corp. | 87,151 | $8,062,339 | ||
Eaton Corp. PLC | 79,678 | 9,649,803 | ||
Illinois Tool Works, Inc. | 13,349 | 2,817,840 | ||
Roper Technologies, Inc. | 6,766 | 2,889,082 | ||
$23,419,064 | ||||
Major Banks – 0.7% | ||||
PNC Financial Services Group, Inc. | 28,189 | $3,892,055 | ||
Medical & Health Technology & Services – 0.8% | ||||
McKesson Corp. | 25,929 | $4,664,886 | ||
Medical Equipment – 6.3% | ||||
Danaher Corp. | 59,751 | $13,421,867 | ||
Medtronic PLC | 77,658 | 8,829,715 | ||
STERIS PLC | 60,835 | 11,790,431 | ||
Thermo Fisher Scientific, Inc. | 7,118 | 3,309,728 | ||
$37,351,741 | ||||
Natural Gas - Distribution – 0.5% | ||||
Sempra Energy | 22,402 | $2,855,807 | ||
Network & Telecom – 0.4% | ||||
Motorola Solutions, Inc. | 15,060 | $2,583,242 | ||
Other Banks & Diversified Financials – 3.9% | ||||
Mastercard, Inc., “A” | 35,596 | $11,978,410 | ||
S&P Global, Inc. | 9,916 | 3,488,250 | ||
U.S. Bancorp | 73,371 | 3,170,361 | ||
Visa, Inc., “A” | 20,863 | 4,388,532 | ||
$23,025,553 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks – continued | ||||
Pharmaceuticals – 9.6% | ||||
AbbVie, Inc. | 25,349 | $2,650,998 | ||
Eli Lilly & Co. | 111,053 | 16,174,869 | ||
Johnson & Johnson | 100,492 | 14,539,183 | ||
Merck & Co., Inc. | 101,746 | 8,179,361 | ||
Pfizer, Inc. | 233,233 | 8,935,156 | ||
Viatris, Inc. (a) | 28,936 | 486,704 | ||
Zoetis, Inc. | 33,955 | 5,445,703 | ||
$56,411,974 | ||||
Pollution Control – 3.4% | ||||
Republic Services, Inc. | 24,077 | $2,328,727 | ||
Waste Connections, Inc. | 121,926 | 12,677,866 | ||
Waste Management, Inc. | 43,797 | 5,217,537 | ||
$20,224,130 | ||||
Precious Metals & Minerals – 0.4% | ||||
Newmont Corp. | 40,151 | $2,361,682 | ||
Real Estate – 3.2% | ||||
Extra Space Storage, Inc., REIT | 21,870 | $2,465,405 | ||
Public Storage, Inc., REIT | 20,893 | 4,689,643 | ||
STAG Industrial, Inc., REIT | 108,457 | 3,229,850 | ||
Sun Communities, Inc., REIT | 15,311 | 2,128,229 | ||
W.P. Carey, Inc., REIT | 92,373 | 6,393,135 | ||
$18,906,262 | ||||
Restaurants – 2.9% | ||||
McDonald's Corp. | 12,850 | $2,794,104 | ||
Starbucks Corp. | 147,352 | 14,443,443 | ||
$17,237,547 | ||||
Specialty Chemicals – 0.6% | ||||
Ecolab, Inc. | 16,739 | $3,718,569 | ||
Specialty Stores – 5.7% | ||||
Amazon.com, Inc. (a) | 2,979 | $9,437,591 | ||
Costco Wholesale Corp. | 40,516 | 15,872,953 | ||
Target Corp. | 45,339 | 8,139,711 | ||
$33,450,255 | ||||
Telecommunications - Wireless – 2.1% | ||||
T-Mobile USA, Inc. (a) | 92,329 | $12,274,217 | ||
Telephone Services – 0.7% | ||||
Verizon Communications, Inc. | 72,798 | $4,397,727 | ||
Trucking – 0.4% | ||||
Expeditors International of Washington, Inc. | 27,558 | $2,462,858 | ||
Utilities - Electric Power – 6.4% | ||||
American Electric Power Co., Inc. | 33,674 | $2,858,586 | ||
Avangrid, Inc. | 39,545 | 1,840,424 | ||
DTE Energy Co. | 22,983 | 2,891,491 | ||
Duke Energy Corp. | 58,197 | 5,392,534 | ||
Evergy, Inc. | 60,776 | 3,367,598 | ||
Exelon Corp. | 88,224 | 3,623,360 | ||
NextEra Energy, Inc. | 140,884 | 10,367,654 |
Issuer | Shares/Par | Value ($) | ||
Common Stocks – continued | ||||
Utilities - Electric Power – continued | ||||
Xcel Energy, Inc. | 111,016 | $7,478,038 | ||
$37,819,685 | ||||
Total Common Stocks | $584,630,027 | |||
Investment Companies (h) – 0.4% | ||||
Money Market Funds – 0.4% | ||||
MFS Institutional Money Market Portfolio, 0.1% (v) | 2,318,722 | $2,318,722 | ||
Other Assets, Less Liabilities – 0.4% | 2,102,460 | |||
Net Assets – 100.0% | $589,051,209 |
(a) | Non-income producing security. | |||
(h) | An affiliated issuer, which may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $2,318,722 and $584,630,027, respectively. | |||
(v) | Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end. |
The following abbreviations are used in this report and are defined: | |
REIT | Real Estate Investment Trust |
Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
Equity Securities | $584,630,027 | $— | $— | $584,630,027 |
Mutual Funds | 2,318,722 | — | — | 2,318,722 |
Total | $586,948,749 | $— | $— | $586,948,749 |
Affiliated Issuers | Beginning Value | Purchases | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Appreciation or Depreciation | Ending Value |
MFS Institutional Money Market Portfolio | $3,082,282 | $27,086,855 | $27,850,415 | $— | $— | $2,318,722 |
Affiliated Issuers | Dividend Income | Capital Gain Distributions |
MFS Institutional Money Market Portfolio | $816 | $— |