N-Q/A 1 dnqa.htm MFS SERIES TRUST XV FORM N-Q/A MFS Series Trust XV Form N-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

REGISTERED MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number 811-4253

 

 

MFS SERIES TRUST XV

(Exact name of registrant as specified in charter)

 

500 Boylston Street, Boston, Massachusetts 02116

(Address of principal executive offices) (Zip code)

 

Susan S. Newton

Massachusetts Financial Services Company

500 Boylston Street

Boston, Massachusetts 02116

(Name and address of agents for service)

 

Registrant’s telephone number, including area code: (617) 954-5000

 

Date of fiscal year end: October 31

 

Date of reporting period: January 31, 2008

 

This Form N-Q is being filed for the purpose of amending and restating the Form N-Q filed on March 31, 2008 (Accession No. 0001193125-08-070753).

ITEM 1. SCHEDULE OF INVESTMENTS.

LOGO

 

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08

 

Issuer

    Shares/Par    Value ($)

Common Stocks – 86.4%

      

Aerospace – 1.7%

      

Boeing Co.

    230    $ 19,131

Bombardier, Inc., “B”

    1,260      6,212

Finmeccanica S.p.A.

    1,290      38,652

General Dynamics Corp.

    170      14,358

Honeywell International, Inc.

    200      11,814

Lockheed Martin Corp.

    3,245      350,200

Northrop Grumman Corp.

    2,820      223,795

Raytheon Co.

    450      29,313

United Technologies Corp.

    2,480      182,057
         
      $ 875,532
         

Airlines – 0.1%

      

Allegiant Travel Co.

    440    $ 13,763

Copa Holdings S.A.

    320      12,490
         
      $ 26,253
         

Alcoholic Beverages – 0.5%

      

Castle Brands, Inc.

    580    $ 1,044

Diageo PLC

    3,670      73,911

Fosters Group NPV

    2,230      11,309

Heineken N.V.

    1,710      96,144

Molson Coors Brewing Co.

    810      36,183

Pernod Ricard S.A.

    350      37,352
         
      $ 255,943
         

Apparel Manufacturers – 1.5%

      

Adidas AG

    2,700    $ 172,549

Billabong International Ltd.

    3,129      33,827

Coach, Inc. (a)

    2,260      72,433

Li & Fung Ltd.

    8,000      30,770

LVMH Moet Hennessy Louis Vuitton S.A.

    1,440      148,270

NIKE, Inc., “B”

    2,060      127,226

Phillips-Van Heusen Corp.

    2,840      119,678

Quiksilver, Inc. (a)

    3,750      35,738

Sanyo Shokai Ltd.

    1,000      6,154
         
      $ 746,645
         

Automotive – 1.0%

      

Autoliv, Inc.

    1,030    $ 51,448

Bayerische Motoren Werke AG

    1,610      89,127

BorgWarner Transmission Systems, Inc.

    220      11,134

Bridgestone Corp.

    2,700      45,792

Compagnie Generale des Etablissements Michelin

    440      42,267

Continental AG

    600      62,349

General Motors Corp.

    520      14,721

Goodyear Tire & Rubber Co. (a)

    1,570      39,517

Johnson Controls, Inc.

    510      18,039

Sauer-Danfoss, Inc.

    560      12,090

Sumitomo Rubber Industries NPV

    2,200      19,283

Toyota Industries Corp.

    900      35,009

Yamaha Motor Co. Ltd.

    2,200      49,817
         
      $ 490,593
         

Biotechnology – 1.4%

      

Actelion Ltd. (a)

    1,259    $ 62,812

Affymetrix, Inc.

    370      7,422

Amgen, Inc. (a)

    2,100      97,839

 

1

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Biotechnology – continued

      

Celgene Corp. (a)

    190    $ 10,661

Genentech, Inc. (a)

    950      66,681

Genzyme Corp. (a)

    2,040      159,385

Gilead Sciences, Inc. (a)

    730      33,354

Invitrogen Corp. (a)

    850      72,820

Millipore Corp. (a)

    2,280      159,942

Nanosphere, Inc. (a)

    880      10,578
         
      $ 681,494
         

Broadcasting – 1.8%

      

Antena 3 de Television S.A.

    3,850    $ 54,279

Eniro AB

    3,520      29,184

Fuji Television Network, Inc.

    18      28,413

Gestevision Telecinco S.A.

    1,720      36,823

Grupo Televisa S.A., ADR

    3,400      75,786

Mediaset S.p.A.

    1,340      11,823

News Corp., “A”

    2,780      52,542

Nippon Television Network Corp.

    120      15,796

Omnicom Group, Inc.

    1,995      90,513

Societe Television Francaise 1

    818      20,713

Taylor Nelson Sofres PLC

    10,440      36,958

Time Warner, Inc.

    4,890      76,969

Vivendi S.A.

    780      31,410

Walt Disney Co.

    3,480      104,156

WPP Group PLC

    20,250      250,092
         
      $ 915,457
         

Brokerage & Asset Managers – 2.3%

      

Affiliated Managers Group, Inc. (a)

    950    $ 93,394

Bolsa de Mercadorias & Futuros

    200      1,808

CME Group, Inc.

    55      34,039

Daiwa Securities Group, Inc.

    6,000      53,021

Deutsche Boerse AG

    80      14,142

Franklin Resources, Inc.

    360      37,523

Goldman Sachs Group, Inc.

    1,310      263,009

HFF, Inc., “A”

    1,130      7,729

ICAP PLC

    5,390      72,457

IG Group Holdings PLC

    2,310      16,733

Invesco Ltd.

    1,900      51,718

Julius Baer Holding Ltd.

    637      44,439

KBW, Inc.

    210      6,239

KKR Private Equity Investors LP

    870      14,572

Legg Mason, Inc.

    330      23,760

Lehman Brothers Holdings, Inc.

    2,460      157,858

Merrill Lynch & Co., Inc.

    750      42,300

Morgan Stanley

    1,990      98,366

Nomura Holdings, Inc.

    4,200      61,531

Singapore Exchange Ltd.

    3,000      21,013

TD AMERITRADE Holding Corp. (a)

    1,070      20,073

Thomas Weisel Partners Group

    550      7,040

Van Lanschot N.V.

    130      12,983
         
      $ 1,155,747
         

Business Services – 1.6%

      

Accenture Ltd., “A”

    1,820    $ 63,008

 

2

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Business Services – continued

      

Amdocs Ltd. (a)

    2,680    $ 88,681

ATA, Inc., ADR

    550      5,252

Bunzl PLC

    3,560      44,859

Capita Group PLC

    1,120      14,684

Concur Technologies, Inc.

    320      11,219

Constant Contact, Inc.

    670      14,284

Corporate Executive Board Co.

    1,640      94,382

CoStar Group, Inc. (a)

    440      18,630

Enernoc, Inc.

    120      4,230

Fidelity National Information Services, Inc.

    1,040      44,148

iGate Corp. (a)

    3,640      30,139

Infosys Technologies Ltd., ADR

    760      31,464

Intertek Group PLC

    4,720      82,789

JFE Shoji Holdings, Inc.

    2,000      12,455

Kloeckner & Co. AG

    810      33,589

Mitsubishi Corp.

    1,200      31,428

Mitsui & Co. Ltd.

    1,000      20,567

Satyam Computer Services Ltd., ADR

    1,790      43,587

Syntel, Inc.

    440      13,037

USS Co. Ltd.

    420      24,467

Western Union Co.

    4,050      90,720
         
      $ 817,619
         

Cable TV – 0.3%

      

Comcast Corp., “A” (a)

    1,000    $ 18,160

Comcast Corp., “Special A” (a)

    1,970      35,440

Dish Network Corp., “A” (a)

    840      23,722

Liberty Global, Inc., “A”

    210      8,486

Premiere AG

    670      14,882

Time Warner Cable, Inc. (a)

    1,030      25,915
         
      $ 126,605
         

Chemicals – 1.0%

      

3M Co.

    1,600    $ 127,440

Agrium, Inc.

    100      6,442

Dow Chemical Co.

    300      11,598

Makhteshim-Agan Industries Ltd. (a)

    7,070      55,747

Mitsubishi Chemical Holdings Corp. NPV

    1,500      10,894

Monsanto Co.

    140      15,742

Mosaic Co.

    70      6,371

Nalco Holding Co.

    580      12,145

Orica NPV

    760      19,936

PPG Industries, Inc.

    3,530      233,298

Wacker Chemie AG

    80      17,324
         
      $ 516,937
         

Computer Software – 2.5%

      

ACI Worldwide, Inc. (a)

    2,740    $ 40,826

Akamai Technologies, Inc. (a)

    200      6,040

Cognos, Inc.

    240      13,920

CommVault Systems, Inc. (a)

    1,820      33,888

Guidance Software, Inc.

    820      9,438

McAfee, Inc. (a)

    5,010      168,637

Microsoft Corp.

    8,530      278,078

MicroStrategy, Inc., “A” (a)

    302      22,022

 

3

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Computer Software – continued

      

MSC Software Corp. (a)

    2,182    $ 28,322

NAVTEQ Corp. (a)

    100      7,390

Oracle Corp. (a)

    9,060      186,183

Parametric Technology Corp.

    630      10,364

Salesforce.com, Inc. (a)

    1,030      53,848

SAP AG

    1,440      69,417

Synopsys, Inc. (a)

    3,440      75,749

Trend Micro, Inc. (a)

    1,000      35,960

VeriSign, Inc. (a)

    6,770      229,638
         
      $ 1,269,720
         

Computer Software—Systems – 2.0%

      

Apple Computer, Inc. (a)

    1,050    $ 142,128

CGI Group, Inc., “A”

    1,160      11,611

Deltek, Inc.

    760      9,880

EMC Corp. (a)

    8,900      141,243

Fujitsu Ltd.

    7,000      45,382

Hewlett-Packard Co.

    3,210      140,438

International Business Machines Corp.

    4,210      451,901

Network Appliance, Inc. (a)

    900      20,898

Omx AB

    370      15,336

PROS Holdings, Inc.

    620      9,517

Wincor Nixdorf AG

    380      29,240
         
      $ 1,017,574
         

Conglomerates – 0.4%

      

Siemens AG

    1,580    $ 204,872

Smiths Group PLC

    878      17,429
         
      $ 222,301
         

Construction – 1.5%

      

CRH PLC

    1,790    $ 67,291

D.R. Horton, Inc.

    1,750      30,187

Dayton Superior Corp. (a)

    3,680      8,942

Fletcher Building Ltd.

    1,760      14,072

Geberit AG

    910      126,167

M.D.C. Holdings, Inc.

    810      37,479

Masco Corp.

    3,080      70,624

Nexity International

    430      19,645

Nippon Sheet Glass Co. NPV

    3,000      13,704

NVR, Inc. (a)

    150      94,725

Pulte Homes, Inc.

    1,350      22,059

Sekisui Chemical Co. Ltd.

    7,000      45,842

Sherwin-Williams Co.

    1,660      94,969

Toll Brothers, Inc. (a)

    2,400      55,872

Wienerberger AG

    660      30,572
         
      $ 732,150
         

Consumer Goods & Services – 2.5%

      

Alberto-Culver Co.

    220    $ 5,894

AmorePacific Corp.

    17      11,307

Apollo Group, Inc., “A” (a)

    1,820      145,127

Avon Products, Inc.

    880      30,818

Central Garden & Pet Co. (a)

    240      1,318

Central Garden & Pet Co., “A” (a)

    5,620      27,931

Clorox Co.

    300      18,396

 

4

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Consumer Goods & Services – continued

      

Colgate-Palmolive Co.

    1,100    $ 84,700

Estee Lauder Cos., Inc., “A”

    740      31,228

Henkel KGaA, IPS

    2,640      120,935

ITT Educational Services, Inc. (a)

    400      36,540

Kao Corp.

    5,000      151,558

Kimberly-Clark Corp.

    740      48,581

Kimberly-Clark de Mexico S.A. de C.V., “A”

    15,270      61,871

Knot, Inc.

    990      14,494

Kose Corp.

    600      14,770

L’Oreal S.A.

    190      23,513

New Oriental Education & Technology Group, Inc., ADR (a)

    440      24,926

Physicians Formula Holdings, Inc. (a)

    1,920      18,202

Priceline.com, Inc. (a)

    300      32,556

Procter & Gamble Co.

    2,670      176,087

Reckitt Benckiser Group PLC

    2,120      111,058

Uni-Charm Corp.

    800      53,062
         
      $ 1,244,872
         

Containers – 0.0%

      

Smurfit-Stone Container Corp. (a)

    520    $ 4,935

Electrical Equipment – 2.2%

      

Anixter International, Inc.

    340    $ 23,820

Danaher Corp.

    2,140      159,323

General Electric Co.

    3,300      116,853

Keyence Corp.

    100      21,263

Legrand S.A.

    1,570      48,037

LS Industrial Systems Co. Ltd.

    610      33,131

Nexans S.A.

    280      30,892

OMRON Corp.

    4,800      98,995

Prysmian S.p.A.

    829      16,651

Rockwell Automation, Inc.

    3,155      179,898

Schneider Electric S.A.

    730      84,720

Spectris PLC

    2,540      34,907

Tyco Electronics Ltd.

    420      14,200

Tyco International Ltd. (a)

    2,340      92,102

W.W. Grainger, Inc.

    330      26,258

WESCO International, Inc. (a)

    3,365      142,138
         
      $ 1,123,188
         

Electronics – 3.8%

      

ARM Holdings PLC

    42,760    $ 100,121

ATMI, Inc. (a)

    1,460      38,398

Canon, Inc.

    500      21,563

Flextronics International Ltd. (a)

    17,000      198,900

Funai Electric Co. Ltd.

    300      11,134

Hirose Electric Co. Ltd.

    400      40,703

Hittite Microwave Corp. (a)

    1,370      54,553

Hoya Corp.

    1,000      27,295

Intel Corp.

    17,840      378,208

Intersil Corp., “A”

    7,130      164,204

Konica Minolta Holdings, Inc.

    4,000      64,080

Marvell Technology Group Ltd. (a)

    3,180      37,747

MathStar, Inc.

    1,490      924

MEMC Electronic Materials, Inc. (a)

    250      17,865

 

5

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Electronics – continued

      

National Semiconductor Corp.

    5,500    $ 101,365

Nippon Electric Glass Co. Ltd.

    3,000      44,846

ON Semiconductor Corp. (a)

    6,010      38,945

PLX Technology, Inc. (a)

    2,410      16,918

Ricoh Co. Ltd.

    5,000      78,173

Royal Philips Electronics N.V.

    1,970      77,339

Samsung Electronics Co. Ltd.

    209      134,009

SanDisk Corp. (a)

    2,280      58,026

Silicon Laboratories, Inc.

    410      12,808

SUMCO Corp.

    900      19,661

Taiwan Semiconductor Manufacturing Co. Ltd.

    12,000      22,841

Taiwan Semiconductor Manufacturing Co. Ltd., ADR

    8,460      78,509

USHIO, Inc.

    800      16,274

Varian Semiconductor Equipment Associates, Inc. (a)

    460      14,817

Venture Corp. Ltd.

    7,000      51,762
         
      $ 1,921,988
         

Energy—Independent – 1.8%

      

Apache Corp.

    1,910    $ 182,290

CONSOL Energy, Inc.

    1,300      94,900

Devon Energy Corp.

    1,270      107,925

EOG Resources, Inc.

    340      29,750

Evergreen Solar, Inc.

    410      4,998

EXCO Resources, Inc.

    1,450      21,736

Foundation Coal Holdings, Inc.

    130      6,799

Goodrich Petroleum Corp.

    730      14,534

INPEX Holdings, Inc.

    10      93,609

Kodiak Oil & Gas Corp. (a)

    4,960      10,267

Mcmoran Exploration Co. (a)

    940      14,796

OMV AG

    840      60,426

Peabody Energy Corp.

    210      11,344

PTT Public Co. Ltd.

    3,800      37,062

Sandridge Energy, Inc. (a)

    430      13,085

Santos NPV

    1,590      17,288

Sunoco, Inc.

    370      23,014

Ultra Petroleum Corp. (a)

    320      22,016

Valero Energy Corp.

    910      53,863

Venoco, Inc. (a)

    980      14,984

XTO Energy, Inc.

    1,490      77,391
         
      $ 912,077
         

Energy—Integrated – 4.7%

      

Chevron Corp.

    700    $ 59,150

ConocoPhillips

    1,380      110,842

Exxon Mobil Corp.

    7,230      624,672

Hess Corp.

    4,940      448,700

Marathon Oil Corp.

    4,040      189,274

OAO Gazprom, ADR

    1,650      79,813

Petroleo Brasileiro S.A., ADR

    720      80,021

Royal Dutch Shell PLC

    5,460      194,604

Royal Dutch Shell PLC, ADR

    240      17,138

StatoilHydro ASA

    4,650      121,586

TOTAL S.A.

    2,540      184,370

TOTAL S.A., ADR

    3,310      240,902
         
      $ 2,351,072
         

 

6

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Engineering—Construction – 0.5%

      

Bilfinger Berger AG

    270    $ 16,967

Fluor Corp.

    250      30,418

Foster Wheeler Ltd. (a)

    587      40,192

Keller Group PLC

    717      7,605

Koninklijke Boskalis Westminster N.V.

    170      9,250

North American Energy Partners, Inc. (a)

    5,380      64,452

Quanta Services, Inc. (a)

    2,170      47,566

Shaw Group, Inc.

    260      14,690
         
      $ 231,140
         

Entertainment – 0.0%

      

Round One Corp. NPV

    4    $ 6,572

Food & Beverages – 2.8%

      

Archer Daniels Midland Co.

    700    $ 30,835

Binggrae Co. Ltd.

    120      4,017

Coca-Cola Co.

    690      40,827

Dean Foods Co.

    1,750      49,000

Diamond Foods, Inc.

    1,650      31,300

General Mills, Inc.

    4,120      224,993

Goodman Fielder NPV

    8,164      12,490

Groupe Danone

    268      21,655

Hain Celestial Group, Inc. (a)

    900      24,300

Kellogg Co.

    830      39,757

Kerry Group PLC

    1,660      44,615

Nestle S.A.

    1,148      512,462

Nong Shim Co. Ltd.

    265      53,764

Pepsi Bottling Group, Inc.

    1,840      64,124

PepsiCo, Inc.

    3,660      249,575

Toyo Suisan Kaisha NPV

    1,000      18,980
         
      $ 1,422,694
         

Food & Drug Stores – 1.0%

      

CVS Caremark Corp.

    5,210    $ 203,555

Dairy Farm International Holdings Ltd.

    4,500      19,440

Kroger Co.

    7,050      179,423

Lawson, Inc.

    1,300      46,309

Longs Drug Stores Corp.

    290      13,343

Susser Holdings Corp.

    360      8,496

Tesco PLC

    3,710      30,977
         
      $ 501,543
         

Forest & Paper Products – 0.1%

      

M-real Oyj, “B”

    2,400    $ 8,028

Universal Forest Products, Inc.

    930      33,666

UPM-Kymmene Corp.

    1,460      27,660
         
      $ 69,354
         

Furniture & Appliances – 0.0%

      

Tupperware Brands Corp.

    490    $ 18,130

Gaming & Lodging – 1.0%

      

International Game Technology

    4,460    $ 190,308

Melco PBL Entertainment (Macau) Ltd., ADR (a)

    420      5,082

MGM Mirage (a)

    150      10,983

Morgans Hotel Group Co. (a)

    550      8,014

Pinnacle Entertainment, Inc. (a)

    790      14,418

 

7

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Gaming & Lodging – continued

      

Royal Caribbean Cruises Ltd.

    5,870    $ 236,444

WMS Industries, Inc.

    850      31,790
         
      $ 497,039
         

General Merchandise – 0.9%

      

99 Cents Only Stores (a)

    3,990    $ 33,197

Costco Wholesale Corp.

    400      27,176

Daiei, Inc.

    600      2,960

Family Dollar Stores, Inc.

    2,340      49,210

Harvey Norman Holdings NPV

    2,371      11,977

Kohl’s Corp. (a)

    200      9,128

Macy’s, Inc.

    4,700      129,908

Massmart Holdings Ltd.

    1,800      16,507

Stage Stores, Inc.

    3,230      38,663

Wal-Mart Stores, Inc.

    2,600      132,288
         
      $ 451,014
         

Health Maintenance Organizations – 1.3%

      

Aetna, Inc.

    1,870    $ 99,596

AMERIGROUP Corp.

    120      4,502

CIGNA Corp.

    450      22,122

Coventry Health Care, Inc. (a)

    1,780      100,712

Humana, Inc. (a)

    3,100      248,930

UnitedHealth Group, Inc.

    1,270      64,567

WellPoint, Inc. (a)

    1,670      130,594
         
      $ 671,023
         

Insurance – 3.9%

      

Ace Ltd.

    600    $ 35,004

Aflac, Inc.

    200      12,266

Allied World Assurance Co. Holdings Ltd.

    340      16,194

Allstate Corp.

    3,400      167,518

American International Group, Inc.

    260      14,342

Amlin PLC

    2,217      11,775

Aspen Insurance Holdings Ltd.

    3,720      104,978

Aviva PLC

    2,440      30,584

AXA

    2,440      83,699

Benfield Group PLC

    3,260      17,416

Catlin Group Ltd.

    5,860      42,542

Chubb Corp.

    1,430      74,060

CNP Assurances S.A.

    300      36,557

Employers Holdings, Inc.

    1,310      22,873

Endurance Specialty Holdings Ltd.

    950      38,494

Genworth Financial, Inc., “A”

    6,720      163,565

Hartford Financial Services Group, Inc.

    2,180      176,079

Hiscox Ltd.

    10,540      57,891

IPC Holdings Ltd.

    180      4,631

Jardine Lloyd Thompson Group PLC

    4,070      28,024

Mapfre S.A.

    2,990      12,170

Max Capital Group Ltd.

    1,930      54,793

MetLife, Inc.

    4,790      282,466

Old Mutual PLC

    12,560      31,320

PartnerRe Ltd.

    460      36,469

Protective Life Corp.

    1,000      39,740

Prudential Financial, Inc.

    1,920      161,990

 

8

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Insurance – continued

      

RenaissanceRe Holdings Ltd.

    110    $ 6,269

Travelers Cos., Inc.

    2,570      123,617

W.R. Berkley Corp.

    480      14,525

XL Capital Ltd., “A”

    640      28,800

Zenith National Insurance Corp.

    170      6,769
         
      $ 1,937,420
         

Internet – 0.8%

      

Dealertrack Holdings, Inc.

    640    $ 17,254

Google, Inc., “A” (a)

    550      310,365

TechTarget, Inc. (a)

    2,600      34,606

Universo Online S.A., IPS

    1,900      9,941

Yahoo!, Inc. (a)

    280      5,370
         
      $ 377,536
         

Leisure & Toys – 0.6%

      

Activision, Inc. (a)

    1,040    $ 26,905

Electronic Arts, Inc. (a)

    1,120      53,054

Hasbro, Inc.

    410      10,648

Heiwa Corp.

    1,100      9,178

NAMCO BANDAI Holdings, Inc.

    1,000      13,887

Sankyo Co. Ltd.

    300      15,982

Take-Two Interactive Software, Inc. (a)

    1,170      19,235

THQ, Inc. (a)

    2,580      46,466

Ubisoft Entertainment S.A. (a)

    893      81,184
         
      $ 276,539
         

Machinery & Tools – 2.7%

      

Altra Holdings, Inc. (a)

    650    $ 8,781

Assa Abloy AB, “B”

    2,040      35,639

Bucyrus International, Inc., “A”

    2,507      232,424

Commercial Metals Co.

    360      10,206

Cummins, Inc.

    1,320      63,730

Daewoo Shipbuilding & Marine Engineering Co. Ltd.

    450      14,397

Eaton Corp.

    2,910      240,832

Enodis PLC

    3,330      9,377

Flowserve Corp.

    185      15,192

GEA Group AG (a)

    3,803      117,976

Ingersoll-Rand Co. Ltd., “A” (a)

    960      37,939

Kennametal, Inc.

    1,640      50,233

Komatsu Ltd.

    2,000      48,240

KUKA AG

    346      11,029

Mitsubishi Materials Corp. NPV

    7,000      28,605

Mitsui Mining & Smelting Co. Ltd.

    9,000      33,740

Parker Hannifin Corp.

    200      13,522

Polypore International, Inc. (a)

    3,000      55,710

Ritchie Bros. Auctioneers, Inc.

    130      10,696

Timken Co.

    8,340      252,118

Titan International, Inc.

    750      21,368

Trinity Industries, Inc.

    540      15,293

Wartsila Corp.

    600      38,442
         
      $ 1,365,489
         

Major Banks – 5.5%

      

Australia & New Zealand Banking Group Ltd.

    2,660    $ 63,174

Bank of America Corp.

    9,930      440,395

 

9

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Major Banks – continued

      

Bank of New York Mellon Corp.

    6,770    $ 315,685

Barclays PLC

    8,170      77,083

BNP Paribas

    720      71,233

BOC Hong Kong Holdings Ltd.

    34,500      86,736

Credit Agricole S.A.

    4,650      143,311

DBS Group Holdings Ltd.

    3,000      37,584

Deutsche Postbank AG

    490      40,997

Erste Bank der oesterreichischen Sparkassen AG

    1,610      87,626

First Financial Holding Co. Ltd.

    22,000      18,012

HSBC Holdings PLC

    2,060      30,910

JPMorgan Chase & Co.

    6,670      317,159

PNC Financial Services Group, Inc.

    1,250      82,025

Raiffeisen International Bank Holding AG

    150      19,161

Royal Bank of Scotland Group PLC

    17,618      134,695

Standard Bank Group Ltd.

    1,980      23,794

Standard Chartered PLC

    2,520      83,871

State Street Corp.

    2,830      232,400

Sumitomo Mitsui Financial Group, Inc.

    7      55,273

SunTrust Banks, Inc.

    1,360      93,772

Svenska Handelsbanken AB, “A”

    1,000      28,031

Unibanco - Uniao de Bancos Brasileiros S.A., ADR

    460      60,168

UniCredito Italiano S.p.A.

    21,648      158,361

UnionBanCal Corp.

    350      17,171

Wells Fargo & Co.

    1,310      44,553
         
      $ 2,763,180
         

Medical & Health Technology & Services – 0.8%

      

AmerisourceBergen Corp.

    560    $ 26,124

Animal Health International, Inc. (a)

    1,860      22,320

DaVita, Inc. (a)

    890      47,481

Express Scripts, Inc. (a)

    580      39,144

Healthcare Services Group, Inc.

    1,170      28,384

IDEXX Laboratories, Inc. (a)

    900      50,733

Laboratory Corp. of America Holdings

    220      16,254

McKesson Corp.

    600      37,674

Medassets, Inc. (a)

    1,260      25,389

MWI Veterinary Supply, Inc. (a)

    1,830      69,961

Patterson Cos., Inc. (a)

    620      19,865

Southern Cross Healthcare Ltd.

    1,420      10,015
         
      $ 393,344
         

Medical Equipment – 2.3%

      

ABIOMED, Inc. (a)

    1,860    $ 28,086

Advanced Medical Optics, Inc. (a)

    4,120      86,644

Align Technology, Inc.

    940      11,073

AngioDynamics, Inc.

    880      17,838

AtriCure, Inc.

    750      10,455

Baxter International, Inc.

    400      24,296

Becton, Dickinson & Co.

    650      56,244

Boston Scientific Corp. (a)

    4,740      57,496

C.R. Bard, Inc.

    320      30,902

Conceptus, Inc. (a)

    3,980      64,794

Cooper Cos., Inc.

    3,240      127,591

DENTSPLY International, Inc.

    580      23,960

Dexcom, Inc.

    1,000      8,410

 

10

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Medical Equipment – continued

      

Ev3, Inc.

    1,280    $ 11,200

Grifols S.A.

    655      15,916

Immucor, Inc. (a)

    1,475      42,539

Insulet Corp.

    630      12,480

Medtronic, Inc.

    1,610      74,978

Mindray Medical International Ltd., ADR

    310      10,571

NxStage Medical, Inc. (a)

    2,390      29,015

ResMed, Inc. (a)

    1,540      71,733

Somanetics Corp.

    510      13,668

St. Jude Medical, Inc. (a)

    1,140      46,181

Synthes, Inc.

    460      58,708

Thermo Fisher Scientific, Inc. (a)

    600      30,894

Thoratec Corp. (a)

    2,620      41,920

Zimmer Holdings, Inc. (a)

    1,750      136,972
         
      $ 1,144,564
         

Metals & Mining – 1.9%

      

Allegheny Technologies, Inc.

    485    $ 34,144

Anglo American PLC

    1,180      64,577

Antofagasta PLC

    800      10,508

BHP Billiton Ltd., ADR

    40      2,703

BHP Billiton PLC

    9,240      274,078

Cameco Corp.

    780      26,403

Century Aluminum Co. (a)

    740      38,473

Cleveland-Cliffs, Inc.

    470      47,865

Companhia Vale do Rio Doce

    1,300      38,318

Companhia Vale do Rio Doce, ADR

    1,420      42,572

Freeport-McMoRan Copper & Gold, Inc.

    1,950      173,609

Gerdau Ameristeel Corp.

    590      7,334

Inmet Mining Corp.

    450      33,067

Nyrstar N.V.

    775      15,081

Olin Corp.

    220      4,508

Salzgitter AG

    240      37,867

Southern Copper Corp.

    480      45,043

SSAB Svenskt Stal AB, “A”

    200      5,271

United States Steel Corp.

    560      57,182

Vedanta Resources PLC

    200      7,269
         
      $ 965,872
         

Natural Gas—Distribution – 0.5%

      

Energen Corp.

    660    $ 41,514

Equitable Resources, Inc.

    250      13,937

Gaz de France

    520      28,171

Questar Corp.

    1,380      70,256

Sempra Energy

    900      50,310

Tokyo Gas Co. Ltd.

    12,000      55,924
         
      $ 260,112
         

Natural Gas—Pipeline – 0.8%

      

El Paso Corp.

    7,240    $ 119,315

Williams Cos., Inc.

    8,860      283,254
         
      $ 402,569
         

Network & Telecom – 1.5%

      

Cavium Networks, Inc.

    320    $ 6,115

Cisco Systems, Inc. (a)

    6,710      164,395

 

11

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Network & Telecom – continued

      

Corning, Inc.

    1,190    $ 28,643

Juniper Networks, Inc. (a)

    320      8,688

Motorola, Inc.

    2,940      33,898

NICE Systems Ltd., ADR (a)

    3,020      92,442

Nokia Corp., ADR

    3,070      113,437

Nokia Oyj

    910      33,491

Nortel Networks Corp. (a)

    2,170      27,060

Polycom, Inc. (a)

    1,410      35,603

QLogic Corp. (a)

    6,530      93,379

QUALCOMM, Inc.

    370      15,695

Research in Motion Ltd. (a)

    1,070      100,452

Sonus Networks, Inc. (a)

    5,300      21,677
         
      $ 774,975
         

Oil Services – 1.5%

      

Acergy S.A.

    1,160    $ 21,099

Cameron International Corp. (a)

    1,370      55,156

Dresser-Rand Group, Inc. (a)

    780      24,726

Dril-Quip, Inc. (a)

    220      10,679

Exterran Holdings, Inc. (a)

    920      60,021

Fugro N.V.

    780      53,414

Halliburton Co.

    4,320      143,294

Hercules Offshore, Inc. (a)

    740      17,057

Lufkin Industries, Inc.

    350      18,505

National Oilwell Varco, Inc. (a)

    520      31,320

Natural Gas Services Group, Inc. (a)

    1,160      20,068

Noble Corp.

    2,530      110,738

Pride International, Inc. (a)

    670      21,246

Saipem S.p.A.

    930      32,338

TETRA Technologies, Inc. (a)

    2,040      31,926

Tidewater, Inc.

    400      21,184

Transocean, Inc. (a)

    310      38,006

Weatherford International Ltd. (a)

    400      24,724
         
      $ 735,501
         

Other Banks & Diversified Financials – 3.0%

      

ABSA Group Ltd.

    1,980    $ 27,079

Aeon Credit Service Co. Ltd.

    5,500      81,960

Aiful Corp.

    500      10,124

Akbank T.A.S.

    3,030      17,691

Alpha Bank A.E.

    380      12,643

American Capital Strategies Ltd.

    270      9,496

American Express Co.

    1,850      91,242

AmeriCredit Corp.

    4,110      54,704

Anglo Irish Bank Corp. PLC

    3,040      43,110

Babcock & Brown Ltd.

    1,665      27,610

Bangkok Bank Public Co. Ltd.

    4,600      17,084

Bank of Cyprus Public Co. Ltd.

    3,380      53,675

Center Financial Corp.

    950      11,001

Chiba Bank Ltd.

    3,000      22,267

CIT Group, Inc.

    220      6,151

Citigroup, Inc.

    4,390      123,886

CSU Cardsystem S.A.

    1,680      4,424

Dah Sing Financial Group

    1,200      9,543

DNB Holding A.S.A.

    2,400      31,339

 

12

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Other Banks & Diversified Financials – continued

      

East West Bancorp, Inc.

    1,350    $ 32,481

Encore Bancshares, Inc. (a)

    1,110      21,101

Fannie Mae

    1,410      47,743

Fortis S.A./N.V.

    1,850      41,671

Hachijuni Bank Ltd.

    7,000      47,947

Hana Financial Group, Inc.

    790      38,500

ING Groep N.V.

    2,120      69,068

Joyo Bank Ltd.

    3,000      17,118

Macquarie Group Ltd.

    813      48,746

Marshall & Ilsley Corp.

    180      5,022

New York Community Bancorp, Inc.

    3,760      69,748

Northern Trust Corp.

    780      57,221

ORIX Corp.

    190      32,223

Ramirent Oyj NPV

    656      10,210

Ryder System, Inc.

    1,140      59,348

Sapporo Hokuyo Holdings, Inc.

    4      33,234

Shinhan Financial Group Co. Ltd.

    640      34,423

Siam City Bank Public Co. Ltd.

    27,200      11,617

Signature Bank

    420      14,074

SNS REAAL Groep N.V.

    2,530      47,876

Takefuji Corp.

    640      18,100

TCF Financial Corp.

    920      19,550

Unione di Banche Italiane Scpa

    3,236      81,070

Viewpoint Financial Group

    1,320      20,077
         
      $ 1,533,197
         

Personal Computers & Peripherals – 0.3%

      

Mellanox Technologies Ltd. (a)

    1,710    $ 27,069

Nuance Communications, Inc. (a)

    6,390      101,537

Western Digital Corp.

    410      10,845
         
      $ 139,451
         

Pharmaceuticals – 4.6%

      

Abbott Laboratories

    3,390    $ 190,857

Allergan, Inc.

    990      66,518

Astellas Pharma, Inc.

    2,500      108,287

Bayer AG

    1,200      98,787

Biovail Corp.

    700      9,558

Bristol-Myers Squibb Co.

    940      21,799

Cadence Pharmaceuticals, Inc.

    570      3,243

Elan Corp. PLC, ADR (a)

    650      16,516

Endo Pharmaceuticals Holdings, Inc. (a)

    3,700      96,718

GlaxoSmithKline PLC

    4,850      114,560

Hisamitsu Pharmaceutical Co., Inc.

    1,400      47,224

Inverness Medical Innovations, Inc. (a)

    300      13,515

Johnson & Johnson

    3,490      220,777

Medicis Pharmaceutical Corp., “A”

    1,530      31,074

Merck & Co., Inc.

    8,200      379,496

Merck KGaA

    870      107,778

Novartis AG

    4,770      241,093

Novo Nordisk A/S, “B”

    600      37,720

Pfizer, Inc.

    1,710      39,997

Roche Holding AG

    1,500      271,442

Schering-Plough Corp.

    2,970      58,123

Shire PLC

    1,350      24,089

 

13

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Pharmaceuticals – continued

      

Synta Pharmaceuticals Corp.

    470    $ 3,704

Tanabe Seiyaku Co. Ltd.

    1,000      12,141

Wyeth

    2,330      92,734
         
      $ 2,307,750
         

Pollution Control – 0.2%

      

Allied Waste Industries, Inc.

    3,280    $ 32,308

Team, Inc.

    420      12,621

Waste Management, Inc.

    1,160      37,630
         
      $ 82,559
         

Precious Metals & Minerals – 0.0%

      

Paladin Resources Ltd. NPV

    4,537    $ 18,129

Printing & Publishing – 0.2%

      

Dun & Bradstreet Corp.

    260    $ 23,915

InnerWorkings, Inc.

    850      11,773

McGraw-Hill Cos., Inc.

    100      4,276

Morningstar, Inc.

    70      4,624

MSCI, Inc., “A”

    460      15,166

Reed Elsevier PLC, ADR

    1,711      20,696

Trinity Mirror PLC

    3,200      20,872

Washington Post Co., “B”

    20      14,880
         
      $ 116,202
         

Railroad & Shipping – 0.5%

      

Burlington Northern Santa Fe Corp.

    330    $ 28,552

Compagnie Maritime Belge S.A.

    195      14,850

East Japan Railway Co.

    7      57,813

Kirby Corp. (a)

    690      31,726

Nippon Yusen Kabushiki Kaisha

    1,000      8,146

Norfolk Southern Corp.

    100      5,439

SMRT Corp. Ltd.

    10,000      12,198

Union Pacific Corp.

    630      78,769
         
      $ 237,493
         

Real Estate – 0.8%

      

BRE Properties, Inc., REIT

    240    $ 10,462

CapitaLand Ltd.

    13,000      54,679

CBL & Associates Properties, Inc., REIT

    180      4,784

Deutsche Wohnen AG

    520      18,413

Equity Residential, REIT

    1,150      43,021

Essex Property Trust

    220      22,794

Henderson Land Development Co.

    2,000      17,221

Hong Kong Land Holdings Ltd.

    10,000      47,725

Host Hotels & Resorts, Inc., REIT

    1,260      21,092

Hypo Real Estate Holding AG

    580      18,314

Kilroy Realty Corp., REIT

    390      19,122

Leopalace21 Corp.

    1,100      26,614

Macerich Co., REIT

    110      7,521

Mack-Cali Realty Corp., REIT

    1,420      50,438

Maguire Properties, Inc., REIT

    260      7,171

Taubman Centers, Inc., REIT

    420      21,063

Unibail-Rodamco

    109      25,871
         
      $ 416,305
         

 

14

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Restaurants – 1.0%

      

Brinker International, Inc.

    2,050    $ 38,150

Darden Restaurants, Inc.

    2,610      73,915

McCormick & Schmick’s Seafood Restaurant, Inc.

    1,610      21,123

McDonald’s Corp.

    1,970      105,494

Panera Bread Co., “A” (a)

    1,680      63,470

Peet’s Coffee & Tea, Inc.

    480      10,531

Red Robin Gourmet Burgers, Inc. (a)

    1,800      62,784

Texas Roadhouse, Inc., “A” (a)

    2,680      32,348

YUM! Brands, Inc.

    2,680      91,549
         
      $ 499,364
         

Special Products & Services – 0.0%

      

H.B. Fuller Co.

    190    $ 3,944

MFS Ltd.

    3,340      2,670
         
      $ 6,614
         

Specialty Chemicals – 1.2%

      

Air Products & Chemicals, Inc.

    400    $ 36,008

Akzo Nobel N.V.

    1,110      82,192

Albemarle Corp.

    430      15,592

Cytec Industries, Inc.

    170      9,624

L’Air Liquide S.A.

    268      37,356

Linde AG

    1,350      176,744

Methanex Corp. NPV

    470      11,801

Praxair, Inc.

    2,385      192,970

Symrise AG (a)

    1,224      30,640
         
      $ 592,927
         

Specialty Stores – 1.9%

      

Abercrombie & Fitch Co., “A”

    140    $ 11,157

Advance Auto Parts, Inc.

    1,910      68,149

Aeropostale, Inc.

    780      21,973

CarMax, Inc. (a)

    1,430      31,889

Citi Trends, Inc. (a)

    2,690      36,772

Dick’s Sporting Goods, Inc. (a)

    1,000      32,550

Ethan Allen Interiors, Inc.

    730      22,594

Galiform PLC

    6,600      10,146

GAME Group PLC

    3,880      15,423

GameStop Corp., “A” (a)

    2,160      111,737

Industria de Diseno Textile S.A.

    440      22,103

KappAhl Holding AB

    680      5,096

Kingfisher PLC

    9,920      29,037

Lowe’s Cos., Inc.

    2,980      78,791

Lumber Liquidators, Inc. (a)

    1,820      16,198

Monro Muffler Brake, Inc.

    790      14,615

NEXT PLC

    1,490      42,019

Nordstrom, Inc.

    2,220      86,358

PetSmart, Inc.

    1,610      36,821

Praktiker Bau-und Heimwerkermaerkte Holding AG

    450      9,631

RadioShack Corp.

    2,260      39,211

Ross Stores, Inc.

    540      15,741

Staples, Inc.

    5,430      129,994

TJX Cos., Inc.

    430      13,571

Urban Outfitters, Inc. (a)

    1,800      52,200

 

15

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

Issuer

    Shares/Par    Value ($)

Common Stocks – continued

      

Specialty Stores – continued

      

Zumiez, Inc. (a)

    1,080    $ 20,768
         
      $ 974,544
         

Telecommunications – Wireless – 1.2%

      

America Movil S.A.B. de C.V., “L”, ADR

    2,320    $ 138,991

KDDI Corp.

    9      60,716

MTN Group Ltd.

    1,030      16,388

Orascom Telecom Holding S.A.E., GDR

    470      34,827

Philippine Long Distance Telephone Co.

    20      1,488

Rogers Communications, Inc., “B”

    1,920      73,411

Rogers Communications, Inc., “B”

    1,020      39,076

SmarTone Telecommunications Holdings Ltd.

    7,000      6,770

Sprint Nextel Corp.

    1,620      17,059

Vodafone Group PLC

    65,790      231,068
         
      $ 619,794
         

Telephone Services – 2.2%

      

AT&T, Inc.

    6,500    $ 250,185

Embarq Corp.

    4,660      211,098

Global Crossing Ltd. (a)

    1,240      26,685

Qwest Communications International, Inc.

    10,330      60,740

Royal KPN N.V.

    3,150      57,214

Sistema JSFC, GDR

    820      29,110

Telefonica S.A.

    7,320      214,496

Telekom Austria AG

    930      25,970

Telenor A.S.A.

    3,180      65,803

TELUS Corp.

    160      6,725

Verizon Communications, Inc.

    3,720      144,485
         
      $ 1,092,511
         

Tobacco – 1.2%

      

Altria Group, Inc.

    6,620    $ 501,928

Loews Corp.

    1,260      103,484

Reynolds American, Inc.

    80      5,066
         
      $ 610,478
         

Trucking – 0.4%

      

Landstar System, Inc.

    100    $ 5,003

TNT N.V.

    2,050      75,991

Yamato Holdings Co. Ltd.

    7,000      97,341
         
      $ 178,335
         

Utilities—Electric Power – 2.7%

      

AES Corp.

    1,680    $ 32,054

American Electric Power Co., Inc.

    1,320      56,536

British Energy Group PLC

    4,450      45,917

CEZ AS

    460      31,064

Cleco Corp.

    420      10,857

CMS Energy Corp.

    1,200      18,804

Constellation Energy Group, Inc.

    1,270      119,329

Dominion Resources, Inc.

    1,030      44,290

DPL, Inc.

    480      13,325

Drax Group PLC

    572      5,797

E.ON AG

    1,150      211,469

Edison International

    100      5,216

Entergy Corp.

    250      27,045

FirstEnergy Corp.

    940      66,947

 

16

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 (as restated – see note 4) - continued

 

Issuer

    Shares/Par     Value ($)  

Common Stocks – continued

     

Utilities - Electric Power – continued

     

FPL Group, Inc.

      1,570     $ 101,234  

Hong Kong Electric Holdings

      2,500       14,252  

Mirant Corp.

      1,350       49,734  

NRG Energy, Inc. (a)

      6,590       254,308  

Pepco Holdings, Inc.

      1,480       37,681  

PG&E Corp.

      3,480       142,819  

PPL Corp.

      220       10,762  

Public Service Enterprise Group, Inc.

      150       14,400  

SUEZ S.A.

      560       34,268  

Westar Energy, Inc.

      430       10,475  
     $ 1,358,583  
          

Total Common Stocks

      $ 43,458,548  
          

Bonds – 7.3%

     

U.S. Treasury Obligations – 7.3%

     

U.S. Treasury Notes, 0%, 2008 (f)

    $ 3,700,000     $ 3,671,932  

Warrants – 0.3%

     

Issuer

    Shares/Par        

Computer Software—Systems – 0.0%

     

Merrill Lynch International & Co. (HCL Technologies Ltd.—Zero Strike Warrant (1 share for 1 warrant)) (a)(n)

      1,551     $ 9,852  

Metals & Mining – 0.1%

     

Merrill Lynch International & Co. (Steel Authority of India—Zero Strike Warrant (1 share for 1 warrant)) (a)(n)

      9,448     $ 52,353  

Other Banks & Diversified Financials – 0.2%

     

Merrill Lynch International & Co. (Housing Development—Zero Strike Warrant (1 share for 1 warrant)) (a)(n)

      987     $ 72,027  
          

Total Warrants

      $ 134,232  
          

Money Market Funds (v) – 8.6%

     

MFS Institutional Money Market Portfolio, 4.25%, at Net Asset Value

      4,339,963     $ 4,339,963  
          

Total Investments

      $ 51,604,675  
          

Issue/Expiration Month/Strike Price

    Number of Contracts        

Call Options Written – 0.0%

     

Valero Energy - March 2008 @ $65 (a)

      (4 )   $ (600 )

Other Assets, Less Liabilities – (2.6)%

        (1,302,697 )
          

Net Assets – 100.0%

      $ 50,301,978  
          

 

(a) Non-income producing security.
(f) All or a portion of the security has been segregated as collateral for an open futures contract.
(n) Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in the ordinary course of business in transactions exempt from registration, normally to qualified institutional buyers. At period end, the aggregate value of these securities was $134,232, representing 0.3% of net assets.
(v) Underlying fund that is available only to investment companies managed by MFS. The rate quoted is the annualized seven-day yield of the fund at period end.

The following abbreviations are used in this report and are defined:

 

ADR

    American Depository Receipt

GDR

    Global Depository Receipt

IPS

    International Preference Stock

REIT

    Real Estate Investment Trust

Abbreviations indicate amounts shown in currencies other than the U.S. dollar. All amounts are stated in U.S. dollars unless otherwise indicated. A list of abbreviations is shown below:

 

17

MFS Diversified Target Return Fund

PORTFOLIO OF INVESTMENTS (Unaudited) 1/31/08 - continued

 

AUD    Australian Dollar
BRL    Brazilian Real
CAD    Canadian Dollar
CHF    Swiss Franc
EUR    Euro
GBP    British Pound
HKD    Hong Kong Dollar
JPY    Japanese Yen
MXN    Mexican Peso
MYR    Malaysian Ringgit
NZD    New Zealand Dollar
SEK    Swedish Krona
SGD    Singapore Dollar
TWD    Taiwan Dollar
ZAR    South African Rand

See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.

 

18

MFS Diversified Target Return Fund

Supplemental Information (Unaudited) 1/31/08

(1) Portfolio Securities

The cost and unrealized appreciation and depreciation in the value of the investments owned by the fund, as computed on a federal income tax basis, are as follows:

 

Aggregate Cost

    $ 53,972,384  
        

Gross unrealized appreciation

    $ 546,976  

Gross unrealized depreciation

      (2,914,685 )
        

Net unrealized appreciation (depreciation)

    $ (2,367,709 )
        

(2) Derivative Contracts at 1/31/08

Forward Foreign Currency Exchange Contracts at 1/31/08

 

Type

    Currency    Contracts to
Deliver/Receive		    Settlement
Date Range		    In Exchange For    Contracts
at Value		    Net Unrealized
Appreciation
(Depreciation)		  

Appreciation

                  

BUY

    AUD    1,291,469    3/25/08    $ 1,131,026    $ 1,152,335    $ 21,309  

SELL

    CAD    4,380,000    3/25/08      4,388,162      4,357,559      30,603  

BUY

    CHF    7,105,000    4/24/08      6,187,569      6,574,443      386,874  

BUY

    EUR    640,000    5/23/08      942,543      948,732      6,189  

SELL

    HKD    2,305,000    4/24/08      296,606      296,158      448  

BUY

    JPY    450,100,000    3/25/08      4,025,478      4,243,254      217,776  

SELL

    JPY    119,900,000    3/25/08      1,131,026      1,130,340      686  

BUY

    MXN    4,880,000    4/24/08      446,412      446,991      579  

BUY

    MYR    3,269,000    3/25/08      981,682      1,009,719      28,037  

BUY

    SEK    27,700,000    3/25/08      4,207,501      4,350,149      142,648  

BUY

    SGD    1,265,000    4/24/08      872,245      895,798      23,553  

BUY

    TWD    126,400,000    3/25/08      3,921,812      3,950,334      28,522  
                       
                  $ 887,224  
                       
                 

Depreciation

                  

SELL

    AUD    3,285,000    5/23/08    $ 2,789,294    $ 2,909,608    $ (120,314 )

SELL

    BRL    1,170,000    3/25/08      642,945      659,853      (16,908 )

SELL

    EUR    11,135,000    5/23/08      15,983,513      16,506,462      (522,949 )

SELL

    GBP    4,645,000    4/24/08      9,172,133      9,196,868      (24,735 )

SELL

    JPY    100,093,952    5/23/08      942,543      946,974      (4,431 )

SELL

    NZD    2,665,000    4/24/08      1,987,903      2,076,524      (88,621 )
                       
                  $ (777,958 )
                       

 

19

MFS Diversified Target Return Fund - continued

Supplemental Information (Unaudited) 1/31/08

Futures contracts outstanding at 1/31/08

 

Description

    Currency    Contracts    Value    Expiration
Date		    Unrealized
Appreciation
(Depreciation)		  

AEX 25 Index (Long)

    EUR    8    $ 1,050,352    Feb-08    $ (80,978 )

CAC 40 Index (Short)

    EUR    30      2,177,843    Feb-08      173,930  

Hang Seng Index (Short)

    HKD    9      1,355,936    Feb-08      34,370  

H-Shares Index (Short)

    HKD    27      2,162,202    Feb-08      147,443  

IBEX 35 (Short)

    EUR    2      394,254    Feb-08      30,990  

MSCI Singapore Free Index (Short)

    SGD    14      713,910    Feb-08      28,154  

MSCI Taiwan (Short)

    USD    6      176,040    Feb-08      2,604  

OMX Index (Short)

    SEK    47      700,505    Feb-08      8,745  

Australian Bond 10 yr (Long)

    AUD    41      3,656,302    Mar-08      34,949  

Australian SPI 200 (Short)

    AUD    31      3,910,795    Mar-08      418,430  

Canadian Bond 10 yr (Short)

    CAD    20      2,313,630    Mar-08      (2,442 )

Canadian S&P/TSX 60 Index Fund (Short)

    CAD    21      3,240,197    Mar-08      55,443  

DAX Index (Short)

    EUR    14      3,598,384    Mar-08      537,277  

DJ Euro Stoxx 50 (Short)

    EUR    22      1,250,305    Mar-08      172,113  

E-Mini Russell 2000 Index (Short)

    USD    47      3,360,500    Mar-08      203,289  

Euro Bond (Short)

    EUR    3      520,817    Mar-08      3,240  

FTSE 100 Index (Long)

    GBP    26      3,039,284    Mar-08      (207,576 )

FTSE/JSE Top 40 Index (Short)

    ZAR    32      1,083,843    Mar-08      102  

Japan Bond 10 yr (Short)

    JPY    4      5,177,112    Mar-08      (10,857 )

LIFFE Long Gilt Future (Short)

    GBP    15      3,300,597    Mar-08      (36,308 )

Nikkei 225 Index (Short)

    JPY    2      254,627    Mar-08      28,720  

S&P 400 MidCap Index (Short)

    USD    71      5,725,440    Mar-08      339,867  

S&P 500 Future (Short)

    USD    19      6,553,100    Mar-08      413,668  

Topix Index (Short)

    JPY    20      2,529,362    Mar-08      213,788  

U.S. Treasury Note 10 yr (Short)

    USD    91      10,621,406    Mar-08      (206,134 )
                    
               $ 2,302,827  
                    

 

20

MFS Diversified Target Return Fund - continued

Supplemental Information (Unaudited) 1/31/08

Swap Agreements at 1/31/08 (as restated - see note 4)

 

Expiration

    Notional
Amount		    Counterparty   

Cash Flows

to Receive

   

Cash Flows

to Pay

    Value  

Credit Default Swaps

                 

12/20/12        USD

    3,500,000    (a )   Merrill Lynch International    3.75% (fixed rate)    (1)    $ (279,620 )

12/20/12        USD

    4,000,000    (b )   JPMorgan Chase Bank    (2)    1.75% (fixed rate)      66,806  
                      
                 $ (212,814 )
                      

Interest Rate Swaps

                 

12/17/17        CHF

    500,000    (c )   Morgan Stanley    3.33% (fixed rate)    6-Month LIBOR    $ 6,200  

10/25/37        JPY

    140,000,000      Morgan Stanley    6-Month LIBOR    2.46% (fixed rate)      (14,653 )

10/25/37        GBP

    2,500,000    (d )   Citibank    6-Month LIBOR    4.75% (fixed rate)      (58,129 )

10/25/37        GBP

    1,900,000    (e )   Citibank    3.50.% (fixed rate)    UK Retail Price Index      (199,877 )
                      
                 $ (266,459 )
                      

 

(1) Fund to pay notional amount upon a defined credit event by a reference obligation specified in the CDX.NA.HY.9 Index.
(2) Fund to receive notional amount upon a defined credit event by a reference obligation specified in the CDX.EM.8 Index.
(a) Premiums received by the fund amounted to $152,760.
(b) Premiums paid by the fund amounted to $11,806.
(c) Premiums paid by the fund amounted to $1,684.
(d) Premiums received by the fund amounted to $17,832.
(e) Premiums received by the fund amounted to $31,701.

At January 31, 2008, the fund had sufficient cash and/or other liquid securities to cover any commitments under these derivative contracts.

 

21

MFS Diversified Target Return Fund - continued Supplemental Information (Unaudited) 1/31/08

(3) Transactions in Underlying Funds-Affiliated Issuers

An affiliated issuer may be considered one in which the fund owns 5% or more of the outstanding voting securities, or a company which is under common control. For the purposes of this report, the fund assumes the following to be affiliated issuers:

 

Underlying Funds

    Beginning
Shares/Par
Amount		    Acquisitions
Shares/Par
Amount		    Dispositions
Shares/Par
Amount		     Ending
Shares/Par
Amount

MFS Institutional Money Market

           

Portfolio

      —        55,559,986      (51,220,023 )     4,339,963

Underlying Funds

    Realized
Gain
(Loss)		    Capital Gain
Distributions		    Dividend
Income		     Ending
Value

MFS Institutional Money Market

           

Portfolio

    $ —      $ —      $ 51,046     $ 4,339,963

(4) Restatement

After the fund issued its January 31, 2008 quarterly portfolio holdings included in Form N-Q, the fund determined that an interest rate swap instrument reported in the supplemental information table was incorrectly valued. The total value of interest rate swaps reported changed from $8,631 to $(266,459). As a result, other assets, less liabilities changed from $(1,027,607) to $(1,302,697) and net assets decreased by $275,090. There were no other significant changes as a result of this change in value.

 

22

ITEM 2. CONTROLS AND PROCEDURES.

 

(a) 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 Form N-Q, 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.

 

(b) 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 registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

ITEM 3. EXHIBITS.

File as exhibits as part of this Form 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.

Notice

A copy of the Amended and Restated 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 XV
By (Signature and Title)*   ROBERT J. MANNING
  Robert J. Manning, President

Date: April 22, 2008

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)*   ROBERT J. MANNING
  Robert J. Manning, President (Principal Executive Officer)

Date: April 22, 2008

 

By (Signature and Title)*   MARIA F. DWYER
  Maria F. Dwyer,
  Treasurer (Principal Financial
  Officer and Accounting Officer)

Date: April 22, 2008

 

* Print name and title of each signing officer under his or her signature.