The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMUFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MMUFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MMUFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A sound utilities’ holding for patient investors.
Todd Trubey
Senior Analyst
Summary
MFS Utilities’ seasoned comanagers ply a reasonable approach to outperform in the narrow domestic utilities area.