MFS Value I (MEIIX) a Zacks Ranked #1 (Strong Buy) was incepted in January 1996 and is managed by Massachusetts Financial Services Company. MEIIX's investment objective is to seek capital appreciation and reasonable income. MEIIX invests, under normal market conditions, at least 65% of its net assets in income producing equity securities of companies that the fund believes are undervalued in the market relative to their long-term potential. While MEIIX may invest in companies of any size, the fund generally focuses on undervalued companies with large market capitalizations. MEIIX may invest in foreign securities through which it may have exposure to foreign currencies. This Large Value product, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Foreign Stock. Further, as of the last filing, JPMorgan Chase & Co, Johnson & Johnson and Philip Morris International, Inc were the top holdings for MEIIX. MFS Value I, managed by MFS, carries an expense ratio of 0.61%. Moreover, MEIIX requires a minimal initial investment of $0. MEIIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.83% and 5 year 10.87%. To see how this fund performed compared in its category, please click here. MEIIX’s performance, as of the last filing, when compared to funds in its category was in the top 18% in 1 year, top 16% over the past 3 years, and in the 15% over the past 5 years. Zacks Premium To see the Zacks Mutual Fund Rank for the funds you’re interested in —plus, gain access to the Zacks Rank for your stocks and ETFs; Premium Screens; Equity Research Reports; Focus List portfolio of 50-longer-term stocks and more— start your 30-day free trial to Zacks Premium. View All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (MEIIX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research