MFS U.S. Real Estate Fact Sheet Q1 2026

This fact sheet serves as a technical report detailing the performance and investment strategy of the MFS U.S. Real Estate Composite as of the first quarter of 2026. The document outlines the goal of the investment strategy, which is to outperform the MSCI US REIT Index over full market cycles. It provides information about the portfolio manager, Rick Gable, and the assets under management, totaling approximately 623.6 billion USD. The report includes performance metrics comparing gross and net returns of the MFS fund against the MSCI US REIT Index over various time frames. Additionally, it discusses the investment philosophy, emphasizing current income and durable free cash-flow growth. The document also highlights important risk considerations associated with real estate investments, including economic conditions and regulatory changes. Furthermore, it presents key characteristics of the fund, including its holdings and diversification metrics.