MFS Technology Fund - Class A MTCAX | NASDAQ
Company Overview:
10 Year MTCAX Performance Metrics:
MTCAX Dividend Payments & Yield
MTCAX Dividends Info:
Projected Future Returns & Dividends for MTCAX
Based on past 10-year performance, here are MTCAX growth metrics:
Share price CAGR of +9.66%
Dividend CAGR of +32.32%
Using MTCAX CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:
| MTCAX (DRIP) | MTCAX - No DRIP | |
|---|---|---|
| Current Price | $70.41 | $70.41 |
| Start Shares | 142.03 | 142.03 |
| Start Value | $10,000 | $10,000 |
| After 10 years: | ||
| Final Share Count | 314.54 | 142.03 |
| Dividends Payment | $9.98 | $9.98 |
| Annual Dividends | $3,138 | $1,417 |
| Yield on cost | 31.38% | 14.17% |
| Share Price | $70.41 | $70.41 |
| Total Dividends | $12,147 | $8,502 |
| Final Value | $22,147 | $18,502 |
NOTE: Above numbers are our estimate based on MTCAX's Dividend and Price CAGR over past 10 years.
These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.
We cannot guarantee that your actual returns will meet these estimates.
Company Info
MFS Technology Fund - Class A (MTCAX) had its IPO on 1996-12-31, and is traded on NASDAQ stock exchange.
This fund's primary objective is to achieve capital growth for investors. It typically commits at least 80% of its net assets to companies actively engaged in, or poised to gain significantly from, advancements and innovations in technology – whether through their products, methods, or services. The portfolio is predominantly invested in common stocks, and it maintains the flexibility to include businesses of any market capitalization. It is important to note that this fund is classified as non-diversified.
MTCAX website: https://www.mfs.com/en-us/individual-investor/product-strategies/mutual-funds/MTCAX-technology-fund.html
DCF model unavailable for MTCAX — no fundamentals on file (ETFs and funds are not modelable).
