(based on a hypothetical $10,000 investment) | ||
Fund Name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
MFS Institutional Money Market Portfolio | $ |
Net Assets ($): | Total Management Fee ($)#: | $ |
||
Total Number of Holdings: |
U.S. Treasury and U.S. Government Agency Securities and Equivalents | |
Commercial Paper | |
Repurchase Agreements, collateralized by U.S. Treasury and/or U.S. Government Agency Securities |
A-1+ | |
A-1 |
0 - 7 days | |
8 - 29 days | |
30 - 59 days | |
60 - 89 days | |
90 - 365 days |
Item 1(b):
Not applicable.
ITEM 2. CODE OF ETHICS.
The Registrant has adopted a Code of Ethics (the “Code”) pursuant to Section 406 of the Sarbanes-Oxley Act and as defined in Form N-CSR that applies to the Registrant’s principal executive officer and principal financial and accounting officer. During the period covered by this report, the Registrant has not amended any provision in the Code that relates to an element of the Code’s definition enumerated in paragraph (b) of Item 2 of this Form N-CSR. During the period covered by this report, the Registrant did not grant a waiver, including an implicit waiver, from any provision of the Code. David L. DiLorenzo (Principal Executive Officer) and James O. Yost (Principal Financial Officer) were the two persons covered by the Code prior to April 1, 2024. Beginning April 1, 2024, David L. DiLorenzo (Principal Executive Officer) and Kasey L. Phillips (Principal Financial Officer) are the two persons covered by the Code. A copy of the Code is attached hereto as EX-99.COE.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
Messrs. Steven E. Buller and Clarence Otis, Jr., members of the Audit Committee, have been determined by the Board of Trustees in their reasonable business judgment to meet the definition of “audit committee financial expert” as such term is defined in Form N-CSR. In addition, Messrs. Buller and Otis are “independent” members of the Audit Committee (as such term has been defined by the Securities and Exchange Commission in regulations implementing Section 407 of the Sarbanes-Oxley Act of 2002). The Securities and Exchange Commission has stated that the designation of a person as an audit committee financial expert pursuant to this Item 3 on the Form N-CSR does not impose on such a person any duties, obligations or liability that are greater than the duties, obligations or liability imposed on such person as a member of the Audit Committee and the Board of Trustees in the absence of such designation or identification.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
Items 4(a) through 4(d) and 4(g):
The Board of Trustees has appointed Deloitte & Touche LLP (“Deloitte”) to serve as independent accountants to the Registrant (hereinafter the "Registrant" or the “Fund”). The tables below set forth the audit fees billed to the Fund as well as fees for non-audit services provided to the Fund and/or to the Fund’s investment adviser, Massachusetts Financial Services Company (“MFS”), and to various entities either controlling, controlled by, or under common control with MFS that provide ongoing services to the Fund (“MFS Related Entities”).
For the fiscal years ended August 31, 2024 and 2023, audit fees billed to the Fund by Deloitte were as follows:
Fees Billed by Deloitte |
|
Audit Fees |
|
|
2024 |
|
2023 |
MFS Institutional Money Market |
32,596 |
|
31,462 |
Portfolio |
|
|
|
For the fiscal years ended August 31, 2024 and 2023, fees billed by Deloitte for audit-related, tax and other services provided to the Fund and for audit-related, tax and other services provided to MFS and MFS Related Entities were as follows:
Fees Billed by Deloitte |
|
Audit-Related Fees1 |
|
Tax Fees2 |
All Other Fees3 |
|||||
|
|
2024 |
|
2023 |
|
2024 |
2023 |
2024 |
2023 |
|
To MFS Institutional |
|
0 |
|
0 |
|
0 |
0 |
0 |
0 |
|
Money Market Portfolio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Fees Billed by Deloitte |
|
Audit-Related Fees1 |
|
Tax Fees2 |
All Other Fees3 |
|||||
|
|
2024 |
|
2023 |
|
2024 |
2023 |
2024 |
2023 |
|
To MFS and MFS Related |
|
0 |
|
0 |
|
0 |
0 |
0 |
0 |
|
Entities of MFS Institutional |
|
|
|
|
|
|
|
|
|
|
Money Market Portfolio* |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Fees Billed by Deloitte |
|
|
|
Aggregate Fees for Non-audit Services |
|
|||||
|
|
|
|
|
2024 |
|
|
2023 |
|
|
To MFS Institutional Money Market |
|
|
|
0 |
|
|
0 |
|
||
Portfolio, MFS and MFS Related Entities# |
|
|
|
|
|
|
|
|
*This amount reflects the fees billed to MFS and MFS Related Entities for non-audit services relating directly to the operations and financial reporting of the Fund (portions of which services also related to the operations and financial reporting of other funds within the MFS Funds complex).
# This amount reflects the aggregate fees billed by Deloitte for non-audit services rendered to the Fund and for non- audit services rendered to MFS and the MFS Related Entities.
1 The fees included under “Audit-Related Fees” are fees related to assurance and related services that are reasonably related to the performance of the audit or review of financial statements, but not reported under ‘‘Audit Fees,’’ including accounting consultations, agreed-upon procedure reports, attestation reports, comfort letters and internal control reviews.
2 The fees included under “Tax Fees” are fees associated with tax compliance, tax advice and tax planning, including services relating to the filing or amendment of federal, state or local income tax returns, regulated investment company qualification reviews and tax distribution and analysis.
3 The fees included under “All Other Fees” are fees for products and services provided by Deloitte other than those reported under “Audit Fees,” “Audit-Related Fees” and “Tax Fees”.
Item 4(e)(1):
Set forth below are the policies and procedures established by the Audit Committee of the Board of Trustees relating to the pre-approval of audit and non-audit related services:
To the extent required by applicable law, pre-approval by the Audit Committee of the Board is needed for all audit and permissible non-audit services rendered to the Fund and all permissible non-audit services rendered to MFS or MFS Related Entities if the services relate directly to the operations and financial reporting of the Registrant. Pre- approval is currently on an engagement-by-engagement basis. In the event pre-approval of such services is necessary between regular meetings of the Audit Committee and it is not practical to wait to seek pre-approval at the next regular meeting of the Audit Committee, pre-approval of such services may be referred to the Chair of the Audit Committee for approval; provided that the Chair may not pre-approve any individual engagement for such services exceeding $50,000 or multiple engagements for such services in the aggregate exceeding $100,000 in each period between regular meetings of the Audit Committee. Any engagement pre-approved by the Chair between regular meetings of the Audit Committee shall be presented for ratification by the entire Audit Committee at its next regularly scheduled meeting.
Item 4(e)(2):
None, or 0%, of the services relating to the Audit-Related Fees, Tax Fees and All Other Fees paid by the Fund and MFS and MFS Related Entities relating directly to the operations and financial reporting of the Registrant disclosed above were approved by the audit committee pursuant to paragraphs (c)(7)(i)(C) of Rule 2-01 of Regulation S-X (which permits audit committee approval after the start of the engagement with respect to services other than audit, review or attest services, if certain conditions are satisfied).
Item 4(f):
Not applicable.
Item 4(h):
The Registrant’s Audit Committee has considered whether the provision by a Registrant’s independent registered public accounting firm of non-audit services to MFS and MFS Related Entities that were not pre-approved by the Committee (because such services did not relate directly to the operations and financial reporting of the Registrant) was compatible with maintaining the independence of the independent registered public accounting firm as the Registrant’s principal auditors.
Item 4(i):
Not applicable.
Item 4(j):
Not applicable.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
Not applicable to the Registrant.
ITEM 6. INVESTMENTS
A schedule of investments for each series covered by this Form N-CSR is included in the financial statements of such series under Item 7 of this Form N-CSR.
Issuer | Shares/Par | Value ($) | ||
Commercial Paper (y) – 28.5% | ||||
Automotive – 2.5% | ||||
Toyota Motor Credit Corp., 5.45%, due 9/05/2024 (t) | $35,000,000 | $ 34,969,108 | ||
Toyota Motor Credit Corp., 5.45%, due 10/02/2024 (t) | 65,000,000 | 64,686,055 | ||
Toyota Motor Credit Corp., 5.35%, due 11/19/2024 (t) | 75,000,000 | 74,138,194 | ||
$173,793,357 | ||||
Computer Software – 4.7% | ||||
Apple, Inc., 5.33%, due 9/27/2024 (t) | $150,000,000 | $ 149,386,982 | ||
Apple, Inc., 5.29%, due 10/04/2024 (t) | 50,000,000 | 49,745,764 | ||
Cisco Systems, Inc., 5.42%, due 11/04/2024 (t) | 75,000,000 | 74,293,250 | ||
Cisco Systems, Inc., 5.23%, due 11/22/2024 (t) | 60,000,000 | 59,284,600 | ||
$332,710,596 | ||||
Consumer Products – 0.7% | ||||
Proctor & Gamble Co., 5.4%, due 10/01/2024 (t) | $50,000,000 | $ 49,769,867 | ||
Energy - Integrated – 5.2% | ||||
Chevron Corp., 5.33%, due 9/16/2024 (t) | $50,000,000 | $ 49,874,893 | ||
Chevron Corp., 5.32%, due 9/23/2024 (t) | 92,000,000 | 91,675,956 | ||
TotalEnergies Capital S.A., 5.45%, due 9/12/2024 (t) | 35,000,000 | 34,932,767 | ||
TotalEnergies Capital S.A., 5.49%, due 9/16/2024 (t) | 75,000,000 | 74,811,843 | ||
TotalEnergies Capital S.A., 5.35%, due 9/26/2024 (t) | 50,000,000 | 49,801,425 | ||
TotalEnergies Capital S.A., 5.38%, due 12/09/2024 (t) | 65,000,000 | 64,079,891 | ||
$365,176,775 | ||||
Major Banks – 7.6% | ||||
ANZ Bank, 5.47%, due 9/18/2024 (t) | $60,000,000 | $ 59,832,505 | ||
Bank of Montreal, 5.27%, due 10/31/2024 (t) | 100,000,000 | 99,109,152 | ||
Canadian Imperial Bank of Commerce, 5.43%, due 9/05/2024 (t) | 75,000,000 | 74,933,446 | ||
Canadian Imperial Bank of Commerce, 5.35%, due 9/13/2024 (t) | 75,000,000 | 74,845,121 | ||
Canadian Imperial Bank of Commerce, 5.36%, due 9/17/2024 (t) | 75,000,000 | 74,801,194 | ||
Toronto-Dominion Bank, 5.44%, due 9/06/2024 (t) | 75,000,000 | 74,922,490 | ||
Toronto-Dominion Bank, 5.45%, due 9/23/2024 (t) | 75,000,000 | 74,736,800 | ||
$533,180,708 | ||||
Other Banks & Diversified Financials – 5.0% | ||||
Mizuho Bank Ltd., 5.45%, due 9/17/2024 (t) | $75,000,000 | $ 74,801,944 | ||
Mizuho Bank Ltd., 5.44%, due 10/07/2024 (t) | 100,000,000 | 99,445,538 | ||
National Bank of Canada, 5.4%, due 9/19/2024 (t) | 50,000,000 | 49,852,842 | ||
National Bank of Canada, 5.41%, due 10/15/2024 (t) | 50,000,000 | 49,666,415 | ||
National Bank of Canada, 5.38%, due 10/25/2024 (t) | 75,000,000 | 74,395,122 | ||
$348,161,861 | ||||
Pharmaceuticals – 2.8% | ||||
Sanofi S.A., 5.42%, due 9/13/2024 (t) | $50,000,000 | $ 49,897,039 | ||
Sanofi S.A., 5.41%, due 10/03/2024 (t) | 45,000,000 | 44,777,016 | ||
Sanofi S.A., 5.37%, due 10/17/2024 (t) | 50,000,000 | 49,653,467 |
Issuer | Shares/Par | Value ($) | ||
Commercial Paper (y) – continued | ||||
Pharmaceuticals – continued | ||||
Sanofi S.A., 5.23%, due 10/30/2024 (t) | $50,000,000 | $ 49,563,963 | ||
$193,891,485 | ||||
Total Commercial Paper (Identified Cost, $1,997,091,408) | $1,996,684,649 | |||
U.S. Government Agencies and Equivalents (y) – 56.6% | ||||
Fannie Mae, 5.27%, due 9/13/2024 | $18,200,000 | $ 18,163,762 | ||
Federal Farm Credit Bank, 5.25%, due 10/21/2024 | 10,400,000 | 10,324,889 | ||
Federal Farm Credit Bank, 5.32%, due 11/20/2024 | 11,400,000 | 11,272,114 | ||
Federal Home Loan Bank, 5.21%, due 9/03/2024 | 622,870,000 | 622,515,655 | ||
Federal Home Loan Bank, 5.24%, due 9/05/2024 | 300,000,000 | 299,744,001 | ||
Federal Home Loan Bank, 5.28%, due 9/13/2024 | 60,000,000 | 59,880,533 | ||
Federal Home Loan Bank, 5.38%, due 9/17/2024 | 100,000,000 | 99,744,000 | ||
Federal Home Loan Bank, 5.28%, due 9/18/2024 | 92,200,000 | 91,950,855 | ||
Federal Home Loan Bank, 5.26%, due 10/07/2024 | 75,000,000 | 74,604,166 | ||
Federal Home Loan Bank, 5.23%, due 10/25/2024 | 85,000,000 | 84,338,889 | ||
Federal Home Loan Bank, 5.21%, due 10/30/2024 | 150,000,000 | 148,729,167 | ||
Federal Home Loan Bank, 5.19%, due 11/08/2024 | 50,000,000 | 49,521,180 | ||
Federal Home Loan Bank, 5.22%, due 11/15/2024 | 50,000,000 | 49,473,299 | ||
Federal Home Loan Bank, 5.19%, due 11/22/2024 | 50,000,000 | 49,425,417 | ||
Freddie Mac, 5.27%, due 9/12/2024 | 20,750,000 | 20,711,636 | ||
U.S. Treasury Bill, 5.28%, due 9/03/2024 | 256,700,000 | 256,700,000 | ||
U.S. Treasury Bill, 5.32%, due 9/10/2024 | 200,000,000 | 199,796,792 | ||
U.S. Treasury Bill, 5.3%, due 9/19/2024 | 252,000,000 | 251,413,639 | ||
U.S. Treasury Bill, 5.3%, due 9/24/2024 | 155,900,000 | 155,427,983 | ||
U.S. Treasury Bill, 5.24%, due 10/01/2024 | 220,100,000 | 219,214,097 | ||
U.S. Treasury Bill, 5.2%, due 10/08/2024 | 228,500,000 | 227,360,800 | ||
U.S. Treasury Bill, 5.3%, due 10/15/2024 | 177,600,000 | 176,540,794 | ||
U.S. Treasury Bill, 5.23%, due 10/22/2024 | 150,000,000 | 148,956,351 | ||
U.S. Treasury Bill, 5.3%, due 10/29/2024 | 119,250,000 | 118,302,907 | ||
U.S. Treasury Bill, 5.22%, due 11/05/2024 | 123,900,000 | 122,808,882 | ||
U.S. Treasury Bill, 5.11%, due 11/12/2024 | 200,000,000 | 198,057,694 | ||
U.S. Treasury Bill, 5.12%, due 11/14/2024 | 146,500,000 | 145,035,732 | ||
U.S. Treasury Bill, 5.08%, due 12/17/2024 | 63,000,000 | 62,096,869 | ||
Total U.S. Government Agencies and Equivalents (Identified Cost, $3,971,643,957) | $3,972,112,103 | |||
Repurchase Agreements – 14.9% | ||||
BofA Securities, Inc. Repurchase Agreement, 5.31%, dated 8/30/2024, due 9/03/2024, total to be received $102,757,591 (secured by U.S. Treasury and/or U.S. Government Agency Securities valued at $104,982,212) | $102,697,000 | $ 102,697,000 | ||
Fixed Income Clearing Corp. – State Street Bank & Trust Co. Repurchase Agreement, 5.3%, dated 8/30/2024, due 9/03/2024, total to be received $939,762,610 (secured by U.S. Treasury and/or U.S. Government Agency Securities valued at $957,993,711) | 939,209,520 | 939,209,520 | ||
Total Repurchase Agreements, at Cost and Value | $1,041,906,520 | |||
Other Assets, Less Liabilities – 0.0% | 161,584 | |||
Net Assets – 100.0% | $7,010,864,856 |
(t) | Security exempt from registration with the U.S. Securities and Exchange Commission under Section 4(a)(2) of the Securities Act of 1933. |
(y) | The rate shown represents an annualized yield at time of purchase. |
Financial Statements | Statement of Assets and Liabilities |
At 8/31/24 Assets | |
Investments in unaffiliated issuers, at value (identified cost, $5,968,735,365) | $5,968,796,752 |
Investments in unaffiliated repurchase agreements, at cost and value | 1,041,906,520 |
Receivables for | |
Interest | 306,842 |
Other assets | 4,273 |
Total assets | $7,011,014,387 |
Liabilities | |
Payables for | |
Distributions | $15 |
Payable to affiliates | |
Administrative services fee | 144 |
Shareholder servicing costs | 166 |
Payable for custodian fee | 92,507 |
Payable for audit and tax fees | 41,436 |
Accrued expenses and other liabilities | 15,263 |
Total liabilities | $149,531 |
Net assets | $7,010,864,856 |
Net assets consist of | |
Paid-in capital | $7,010,898,306 |
Total distributable earnings (loss) | (33,450) |
Net assets | $7,010,864,856 |
Shares of beneficial interest outstanding | 7,009,930,164 |
Net asset value per share (net assets of $7,010,864,856 / 7,009,930,164 shares of beneficial interest outstanding) | $1.0001 |
Financial Statements | Statement of Operations |
Year ended 8/31/24 Net investment income (loss) | |
Income | |
Interest | $329,020,425 |
Other | 33,294 |
Total investment income | $329,053,719 |
Expenses | |
Shareholder servicing costs | $1,010 |
Administrative services fee | 17,500 |
Insurance expense | 25,904 |
Custodian fee | 234,281 |
Shareholder communications | 2,404 |
Audit and tax fees | 42,425 |
Legal fees | 30,548 |
Commitment fee | 30,299 |
Miscellaneous | 38,923 |
Total expenses | $423,294 |
Fees paid indirectly | (15,746) |
Net expenses | $407,548 |
Net investment income (loss) | $328,646,171 |
Realized and unrealized gain (loss) | |
Realized gain (loss) (identified cost basis) | |
Unaffiliated issuers | $7,937 |
Change in unrealized appreciation or depreciation | |
Unaffiliated issuers | $247,452 |
Net realized and unrealized gain (loss) | $255,389 |
Change in net assets from operations | $328,901,560 |
Financial Statements | Statements of Changes in Net Assets |
Year ended | ||
8/31/24 | 8/31/23 | |
Change in net assets | ||
From operations | ||
Net investment income (loss) | $328,646,171 | $262,133,560 |
Net realized gain (loss) | 7,937 | 1,728 |
Net unrealized gain (loss) | 247,452 | 131,295 |
Change in net assets from operations | $328,901,560 | $262,266,583 |
Total distributions to shareholders | $(328,646,171) | $(262,133,560) |
Change in net assets from fund share transactions | $1,455,231,575 | $(2,380,798,321) |
Total change in net assets | $1,455,486,964 | $(2,380,665,298) |
Net assets | ||
At beginning of period | 5,555,377,892 | 7,936,043,190 |
At end of period | $7,010,864,856 | $5,555,377,892 |
Financial Statements | Financial Highlights |
Year ended | |||||
8/31/24 | 8/31/23 | 8/31/22 | 8/31/21 | 8/31/20 | |
Net asset value, beginning of period | $1.0001 | $1.0000 | $1.0000 | $1.0000 | $1.0000 |
Income (loss) from investment operations | |||||
Net investment income (loss) (d) | $0.0540 | $0.0417 | $0.0043 | $0.0006 | $0.0108 |
Net realized and unrealized gain (loss) | 0.0000(w) | 0.0007 | 0.0005 | 0.0000(w) | 0.0006 |
Total from investment operations | $0.0540 | $0.0424 | $0.0048 | $0.0006 | $0.0114 |
Less distributions declared to shareholders | |||||
From net investment income | $(0.0540) | $(0.0423) | $(0.0048) | $(0.0006) | $(0.0114) |
Net asset value, end of period | $1.0001 | $1.0001 | $1.0000 | $1.0000 | $1.0000 |
Total return (%) (r) | 5.53 | 4.32 | 0.48 | 0.06 | 1.15 |
Ratios (%) (to average net assets) and Supplemental data: | |||||
Expenses (f) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Net investment income (loss) | 5.40 | 4.17 | 0.43 | 0.06 | 1.08 |
Net assets at end of period (000 omitted) | $7,010,865 | $5,555,378 | $7,936,043 | $8,810,489 | $8,571,713 |
(d) | Per share data is based on average shares outstanding. |
(f) | Ratios do not reflect reductions from fees paid indirectly, if applicable. See Note 2 in the Notes to Financial Statements for additional information. |
(r) | Certain expenses have been reduced without which performance would have been lower. |
(w) | Per share amount was less than $0.0001. |
Financial Instruments | Level 1 | Level 2 | Level 3 | Total |
Short-Term Securities | $— | $7,010,703,272 | $— | $7,010,703,272 |
Year ended 8/31/24 | Year ended 8/31/23 | |
Ordinary income (including any short-term capital gains) | $328,646,171 | $262,133,560 |
As of 8/31/24 | |
Cost of investments | $7,010,641,885 |
Gross appreciation | 839,011 |
Gross depreciation | (777,624) |
Net unrealized appreciation (depreciation) | $61,387 |
Capital loss carryforwards | (94,837) |
Total distributable earnings (loss) | $(33,450) |
Short-Term | $(94,837) |
Year ended 8/31/24 | Year ended 8/31/23 | ||||
Shares | Amount | Shares | Amount | ||
Shares sold | 62,851,676,538 | $62,856,298,730 | 56,839,604,655 | $56,843,052,931 | |
Shares issued to shareholders in reinvestment of distributions | 328,558,499 | 328,600,631 | 262,109,280 | 262,133,560 | |
Shares reacquired | (61,725,397,491) | (61,729,667,786) | (59,482,580,013) | (59,485,984,812) | |
Net change | 1,454,837,546 | $1,455,231,575 | (2,380,866,078) | $(2,380,798,321) |
ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.
Not applicable to the Registrant.
ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There were no material changes to the procedures by which shareholders may send recommendations to the Board for nominees to the Registrant’s Board since the Registrant last provided disclosure as to such procedures in response to the requirements of Item 407 (c)(2)(iv) of Regulation S-K or this Item.
ITEM 16. CONTROLS AND PROCEDURES.
Based upon their evaluation of the effectiveness of the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”)) as conducted within 90 days of the filing date of this report on Form N-CSR, the Registrant’s principal financial officer and principal executive officer have concluded that those disclosure controls and procedures provide reasonable assurance that the material information required to be disclosed by the Registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.
There were no changes in the Registrant’s internal controls over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by the report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not applicable to the Registrant.
ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.
Not applicable to the Registrant.
ITEM 19. EXHIBITS.
Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit: Attached hereto as EX-99.COE.
Any policy required by the listing standards adopted pursuant to Rule 10D-1 under the Exchange Act (17 CFR 240.10D-1) by the registered national securities exchange or registered national securities association upon which the registrant’s securities are listed. Not applicable.
A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2): Attached hereto as EX-99.302CERT.
Any written solicitation to purchase securities under Rule 23c-1 under the Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons. Not applicable.
Change in the registrant's independent public accountant. Not applicable.
If the report is filed under Section 13(a) or 15(d) of the Exchange Act, provide the certifications required by Rule 30a-2(b) under the Act (17 CFR 270.30a-2(b)), Rule 13a-14(b) or Rule 15d-14(b) under the Exchange Act (17 CFR 240.13a-14(b) or 240.15d-14(b)) and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350) as an exhibit. A certification furnished pursuant to this paragraph will not be deemed “filed” for the purposes of Section 18 of the Exchange Act (15 U.S.C. 78r), or otherwise subject to the liability of that section. Such certification will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference. Attached hereto as EX-99.906CERT.
Notice
A copy of the Declaration of Trust, as amended, of the Registrant is on file with the Secretary of State of The Commonwealth of Massachusetts and notice is hereby given that this instrument is executed on behalf of the Registrant by an officer of the Registrant as an officer and not individually and the obligations of or arising out of this instrument are not binding upon any of the Trustees or shareholders individually, but are binding only upon the assets and property of the respective constituent series of the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) MFS SERIES TRUST XIV
By (Signature and Title)*
/S/ DAVID L. DILORENZO
David L. DiLorenzo, President
Date: October 16, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)*
/S/ DAVID L. DILORENZO
David L. DiLorenzo, President (Principal Executive Officer)
Date: October 16, 2024
By (Signature and Title)*
/S/ KASEY L. PHILLIPS
Kasey L. Phillips, Treasurer (Principal Financial Officer and Accounting Officer)
Date: October 16, 2024
* Print name and title of each signing officer under his or her signature.