N-Q 1 d683738dnq.htm MFS SERIES TRUST VI N-Q MFS SERIES TRUST VI N-Q

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 811-06102

MFS SERIES TRUST VI

(Exact name of registrant as specified in charter)

111 Huntington Avenue, Boston, Massachusetts 02199

(Address of principal executive offices) (Zip code)

Christopher R. Bohane

Massachusetts Financial Services Company

111 Huntington Avenue

Boston, Massachusetts 02199

(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, 2019


ITEM 1.

SCHEDULE OF INVESTMENTS.


Quarterly Report
January 31, 2019
MFS®  Global Equity Fund


Portfolio of Investments
1/31/19 (unaudited)
The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.
Issuer     Shares/Par Value ($)
Common Stocks – 99.1%
Aerospace – 4.1%  
Honeywell International, Inc.   453,604 $ 65,151,142
MTU Aero Engines AG   91,772 19,768,947
United Technologies Corp.   237,008 27,983,535
        $ 112,903,624
Airlines – 1.2%  
Aena S.A.   198,947 $ 34,339,380
Alcoholic Beverages – 6.1%  
Ambev S.A.   2,224,878 $ 10,681,513
Carlsberg Group   166,056 18,977,392
Diageo PLC   1,651,395 62,845,610
Heineken N.V.   270,930 24,306,144
Pernod Ricard S.A.   311,963 51,775,560
        $ 168,586,219
Apparel Manufacturers – 3.7%  
Burberry Group PLC   637,049 $ 15,052,496
Compagnie Financiere Richemont S.A.   377,667 25,984,188
LVMH Moet Hennessy Louis Vuitton SE   196,756 63,001,631
        $ 104,038,315
Automotive – 0.9%  
Aptiv PLC   183,340 $ 14,507,694
Harley-Davidson, Inc.   246,158 9,073,384
        $ 23,581,078
Broadcasting – 3.7%  
Omnicom Group, Inc.   204,225 $ 15,905,043
Walt Disney Co.   503,657 56,167,829
WPP Group PLC   2,592,200 29,572,586
        $ 101,645,458
Brokerage & Asset Managers – 0.7%  
Deutsche Boerse AG   92,446 $ 12,300,841
Franklin Resources, Inc.   222,813 6,597,493
        $ 18,898,334
Business Services – 6.9%  
Accenture PLC, “A”   442,760 $ 67,985,798
Adecco S.A.   262,530 13,128,480
Brenntag AG   290,280 13,705,497
Cognizant Technology Solutions Corp., “A”   472,867 32,949,373
Compass Group PLC   1,388,671 29,697,615
Equifax, Inc.   156,058 16,701,327
PayPal Holdings, Inc. (a)   203,448 18,058,044
        $ 192,226,134
Cable TV – 2.8%  
Comcast Corp., “A”   2,154,913 $ 78,805,168
Chemicals – 2.8%  
3M Co.   230,147 $ 46,098,444
PPG Industries, Inc.   291,980 30,786,371
        $ 76,884,815
1


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Computer Software – 2.9%  
Check Point Software Technologies Ltd. (a)   330,829 $ 37,026,381
Oracle Corp.   883,160 44,361,127
        $ 81,387,508
Computer Software - Systems – 0.9%  
Olympus Corp.   611,000 $ 25,173,853
Consumer Products – 6.1%  
Colgate-Palmolive Co.   492,286 $ 31,841,059
Coty, Inc., “A”   1,679,818 13,035,388
Essity AB   2,381,066 65,839,928
Reckitt Benckiser Group PLC   767,533 59,022,602
        $ 169,738,977
Electrical Equipment – 3.5%  
Amphenol Corp., “A”   175,443 $ 15,424,949
Legrand S.A.   415,737 24,630,127
Resideo Technologies, Inc. (a)   77,074 1,690,233
Schneider Electric S.A.   792,096 56,283,778
        $ 98,029,087
Electronics – 1.9%  
Hoya Corp.   305,300 $ 17,652,324
Microchip Technology, Inc.   144,858 11,642,237
Samsung Electronics Co. Ltd.   584,377 24,416,997
        $ 53,711,558
Food & Beverages – 5.2%  
Danone S.A.   657,356 $ 47,778,011
Kellogg Co.   413,902 24,424,357
Nestle S.A.   846,892 73,613,902
        $ 145,816,270
Gaming & Lodging – 0.4%  
Sands China Ltd.   1,110,000 $ 5,306,711
Wynn Resorts Ltd.   44,808 5,511,832
        $ 10,818,543
Insurance – 1.1%  
Aon PLC   194,499 $ 30,386,579
Internet – 0.8%  
eBay, Inc.   690,480 $ 23,234,652
Machinery & Tools – 1.1%  
Kubota Corp.   1,992,100 $ 31,346,885
Major Banks – 5.3%  
Bank of New York Mellon Corp.   894,605 $ 46,805,734
Goldman Sachs Group, Inc.   133,319 26,398,495
State Street Corp.   633,773 44,934,506
UBS Group AG   2,214,511 28,615,281
        $ 146,754,016
Medical Equipment – 13.6%  
Abbott Laboratories   585,295 $ 42,714,829
Cooper Cos., Inc.   122,797 34,230,892
Medtronic PLC   874,865 77,329,317
2


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Medical Equipment – continued  
Sonova Holding AG   52,625 $ 9,853,462
Stryker Corp.   294,150 52,232,215
Thermo Fisher Scientific, Inc.   345,227 84,811,917
Waters Corp. (a)   124,639 28,819,030
Zimmer Biomet Holdings, Inc.   453,422 49,676,914
        $ 379,668,576
Network & Telecom – 0.9%  
Cisco Systems, Inc.   530,646 $ 25,094,249
Oil Services – 0.8%  
National Oilwell Varco, Inc.   209,608 $ 6,179,244
NOW, Inc. (a)   122,411 1,656,221
Schlumberger Ltd.   313,524 13,860,896
        $ 21,696,361
Other Banks & Diversified Financials – 5.5%  
American Express Co.   377,763 $ 38,796,260
Erste Group Bank AG   286,581 9,971,826
Grupo Financiero Banorte S.A. de C.V.   1,445,098 8,022,675
Julius Baer Group Ltd.   274,578 10,994,717
Kasikornbank PLC   991,580 6,424,652
Visa, Inc., “A”   585,891 79,101,144
        $ 153,311,274
Pharmaceuticals – 5.0%  
Bayer AG   766,901 $ 58,110,018
Johnson & Johnson   84,617 11,260,830
Merck KGaA   207,443 21,744,686
Roche Holding AG   183,949 48,824,314
        $ 139,939,848
Railroad & Shipping – 3.7%  
Canadian National Railway Co.   631,177 $ 52,715,903
Kansas City Southern Co.   481,540 50,922,855
        $ 103,638,758
Restaurants – 0.7%  
Whitbread PLC   301,748 $ 19,341,410
Specialty Chemicals – 4.2%  
Akzo Nobel N.V.   408,880 $ 35,268,783
L'Air Liquide S.A.   228,884 27,756,846
Linde PLC   260,187 42,199,680
Linde PLC   76,888 12,533,513
        $ 117,758,822
Specialty Stores – 0.9%  
AutoZone, Inc. (a)   13,417 $ 11,368,761
Hermes International   9,934 5,962,667
Sally Beauty Holdings, Inc. (a)   394,820 6,798,800
        $ 24,130,228
Trucking – 1.7%  
United Parcel Service, Inc., “B”   434,355 $ 45,781,017
Total Common Stocks   $ 2,758,666,996
3


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Investment Companies (h) – 0.7%
Money Market Funds – 0.7%  
MFS Institutional Money Market Portfolio, 2.47% (v)     20,409,305 $ 20,407,264
 
Other Assets, Less Liabilities – 0.2%   5,037,974
Net Assets – 100.0% $ 2,784,112,234
(a) Non-income producing security.      
(h) An affiliated issuer, which 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. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $20,407,264 and $2,758,666,996, respectively.      
(v) Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end.      
The following abbreviations are used in this report and are defined:
PLC Public Limited Company
See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.
4


Supplemental Information
1/31/19 (unaudited)
The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.
(1) Investment Valuations
Equity securities, including restricted equity securities, are generally valued at the last sale or official closing price on their primary market or exchange as provided by a third-party pricing service. Equity securities, for which there were no sales reported that day, are generally valued at the last quoted daily bid quotation on their primary market or exchange as provided by a third-party pricing service. Short-term instruments with a maturity at issuance of 60 days or less may be valued at amortized cost, which approximates market value. Open-end investment companies are generally valued at net asset value per share. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, and other market data. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.
The Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund’s investments (including any fair valuation) to the adviser pursuant to valuation policies and procedures approved by the Board. If the adviser determines that reliable market quotations are not readily available, investments are valued at fair value as determined in good faith by the adviser in accordance with such procedures under the oversight of the Board of Trustees. Under the fund’s valuation policies and procedures, market quotations are not considered to be readily available for most types of debt instruments and floating rate loans and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services. In addition, investments may be valued at fair value if the adviser determines that an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund’s net asset value, or after the halting of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. Events that occur on a frequent basis after foreign markets close (such as developments in foreign markets and significant movements in the U.S. markets) and prior to the determination of the fund’s net asset value may be deemed to have a material effect on the value of securities traded in foreign markets. Accordingly, the fund’s foreign equity securities may often be valued at fair value. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund’s net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund’s net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net asset value per share.
Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk). Level 3 includes unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. The following is a summary of the levels used as of January 31, 2019 in valuing the fund's assets or liabilities:
Financial Instruments Level 1 Level 2 Level 3 Total
Equity Securities:        
United States $1,521,830,377 $— $— $1,521,830,377
France 277,188,622 277,188,622
United Kingdom 215,532,319 215,532,319
Switzerland 211,014,343 211,014,343
Germany 125,629,988 125,629,988
Japan 48,999,209 25,173,853 74,173,062
Sweden 65,839,928 65,839,928
Netherlands 59,574,927 59,574,927
Canada 52,715,903 52,715,903
Other Countries 119,019,168 36,148,359 155,167,527
Mutual Funds 20,407,264 20,407,264
Total $2,717,752,048 $61,322,212 $— $2,779,074,260
For further information regarding security characteristics, see the Portfolio of Investments.
5


Supplemental Information (unaudited) – continued
(2) Investments in 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:
Affiliated Issuers Beginning
Shares/Par
Amount
Acquisitions
Shares/Par
Amount
Dispositions
Shares/Par
Amount
Ending
Shares/Par
Amount
MFS Institutional Money Market Portfolio 4,015,661 129,604,559 (113,210,915) 20,409,305
Affiliated Issuers Realized
Gain (Loss)
Change in
Unrealized
Appreciation/
Depreciation
Capital Gain
Distributions
Dividend
Income
Ending
Value
MFS Institutional Money Market Portfolio $1,336 $— $— $81,286 $20,407,264
    
(3) Issuer Country Weightings
Issuer country weighting percentages of portfolio holdings based on net assets, as of January 31, 2019, are as follows:
United States 55.6%
France 10.0%
United Kingdom 7.7%
Switzerland 7.6%
Germany 4.5%
Japan 2.7%
Sweden 2.4%
Netherlands 2.1%
Canada 1.9%
Other Countries 5.5%
6


Quarterly Report
January 31, 2019
MFS®  Global Total Return Fund


Portfolio of Investments
1/31/19 (unaudited)
The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.
Issuer     Shares/Par Value ($)
Common Stocks – 57.8%
Aerospace – 2.1%  
Boeing Co.   17,601 $ 6,787,298
Honeywell International, Inc.   94,612 13,589,121
Lockheed Martin Corp.   39,548 11,456,660
Northrop Grumman Corp.   7,075 1,949,516
United Technologies Corp.   37,743 4,456,316
        $ 38,238,911
Airlines – 0.5%  
Aena S.A.   12,720 $ 2,195,544
Air Canada (a)   307,720 6,948,554
        $ 9,144,098
Alcoholic Beverages – 1.2%  
Heineken N.V.   101,133 $ 9,073,020
Molson Coors Brewing Co.   42,628 2,839,451
Pernod Ricard S.A.   65,926 10,941,540
        $ 22,854,011
Apparel Manufacturers – 0.2%  
Compagnie Financiere Richemont S.A.   63,442 $ 4,364,927
Automotive – 0.8%  
Aptiv PLC   58,397 $ 4,620,955
Magna International, Inc.   143,967 7,619,365
USS Co. Ltd.   167,900 2,934,878
        $ 15,175,198
Biotechnology – 0.2%  
Biogen, Inc. (a)   13,069 $ 4,362,171
Broadcasting – 0.7%  
Omnicom Group, Inc.   118,583 $ 9,235,244
Publicis Groupe   60,565 3,694,900
        $ 12,930,144
Brokerage & Asset Managers – 0.6%  
ASX Ltd.   21,032 $ 975,526
BlackRock, Inc.   16,845 6,992,023
TMX Group Ltd.   45,591 2,746,667
        $ 10,714,216
Business Services – 4.7%  
Accenture PLC, “A”   108,669 $ 16,686,125
Bunzl PLC   121,677 3,830,197
CGI Group, Inc., “A” (a)   52,529 3,472,883
Cognizant Technology Solutions Corp., “A”   75,553 5,264,533
Compass Group PLC   484,754 10,366,773
DXC Technology Co.   88,392 5,667,695
Equifax, Inc.   44,292 4,740,130
Experian PLC   198,374 4,974,782
Fidelity National Information Services, Inc.   43,943 4,593,362
Fiserv, Inc. (a)   71,322 5,914,734
Nomura Research Institute Ltd.   112,100 4,569,419
Secom Co. Ltd.   96,800 8,087,921
SGS S.A.   1,291 3,109,201
1


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Business Services – continued  
Thomson Reuters Corp.   95,851 $ 5,016,841
        $ 86,294,596
Cable TV – 0.8%  
Comcast Corp., “A”   404,903 $ 14,807,303
Chemicals – 1.8%  
3M Co.   50,673 $ 10,149,802
CF Industries Holdings, Inc.   33,487 1,461,707
Givaudan S.A.   3,767 9,121,561
LyondellBasell Industries N.V., “A”   14,873 1,293,505
PPG Industries, Inc.   103,018 10,862,218
        $ 32,888,793
Computer Software – 0.4%  
Adobe Systems, Inc. (a)   11,465 $ 2,841,256
Cadence Design Systems, Inc. (a)   87,447 4,200,080
        $ 7,041,336
Computer Software - Systems – 0.6%  
Amadeus IT Group S.A.   96,835 $ 7,035,954
Hitachi Ltd.   107,700 3,380,360
        $ 10,416,314
Construction – 0.8%  
Persimmon PLC   82,176 $ 2,559,823
Sherwin-Williams Co.   15,508 6,536,932
Stanley Black & Decker, Inc.   51,688 6,535,431
        $ 15,632,186
Consumer Products – 1.7%  
Colgate-Palmolive Co.   61,181 $ 3,957,187
Kao Corp.   98,500 6,937,728
Kimberly-Clark Corp.   94,679 10,545,347
Reckitt Benckiser Group PLC   122,248 9,400,762
        $ 30,841,024
Containers – 0.2%  
Amcor Ltd.   295,103 $ 2,932,453
Electrical Equipment – 2.0%  
Johnson Controls International PLC   222,593 $ 7,516,966
Legrand S.A.   73,332 4,344,517
OMRON Corp.   107,000 4,371,357
Schneider Electric S.A.   256,804 18,247,661
Spectris PLC   58,888 2,008,947
        $ 36,489,448
Electronics – 3.2%  
Analog Devices, Inc.   68,960 $ 6,817,386
Halma PLC   201,785 3,705,257
Hoya Corp.   62,600 3,619,507
Kyocera Corp.   65,100 3,654,087
Samsung Electronics Co. Ltd.   99,341 4,150,760
Taiwan Semiconductor Manufacturing Co. Ltd., ADR   638,764 24,030,302
Texas Instruments, Inc.   133,264 13,417,019
        $ 59,394,318
2


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Energy - Independent – 1.0%  
Marathon Petroleum Corp.   144,830 $ 9,596,436
Occidental Petroleum Corp.   49,203 3,285,776
Phillips 66   51,996 4,960,938
        $ 17,843,150
Energy - Integrated – 1.6%  
BP PLC   464,707 $ 3,170,060
Chevron Corp.   33,141 3,799,616
China Petroleum & Chemical Corp.   3,374,000 2,814,452
Exxon Mobil Corp.   113,845 8,342,561
Galp Energia SGPS S.A.   228,338 3,566,198
LUKOIL PJSC, ADR   59,321 4,757,544
Suncor Energy, Inc.   123,836 3,994,193
        $ 30,444,624
Food & Beverages – 2.4%  
Danone S.A.   93,599 $ 6,802,971
General Mills, Inc.   159,724 7,098,135
J.M. Smucker Co.   21,849 2,291,523
Marine Harvest A.S.A.   231,006 5,083,586
Nestle S.A.   217,980 18,947,349
Tyson Foods, Inc., “A”   58,681 3,633,528
        $ 43,857,092
Food & Drug Stores – 0.2%  
Wesfarmers Ltd.   193,187 $ 4,523,174
Health Maintenance Organizations – 0.4%  
Cigna Corp.   35,218 $ 7,036,908
Insurance – 3.5%  
Aon PLC   101,914 $ 15,922,024
AXA   149,647 3,467,684
Chubb Ltd.   67,120 8,930,316
Hiscox Ltd.   112,743 2,096,849
MetLife, Inc.   182,933 8,354,550
Prudential Financial, Inc.   38,611 3,557,617
Samsung Fire & Marine Insurance Co. Ltd.   2,231 547,399
Travelers Cos., Inc.   83,590 10,493,889
Zurich Insurance Group AG   36,607 11,474,083
        $ 64,844,411
Machinery & Tools – 0.9%  
Eaton Corp. PLC   112,716 $ 8,594,595
Illinois Tool Works, Inc.   61,880 8,496,743
        $ 17,091,338
Major Banks – 4.4%  
ABSA Group Ltd.   218,634 $ 3,046,000
Bank of New York Mellon Corp.   138,612 7,252,180
China Construction Bank   8,208,000 7,413,120
Goldman Sachs Group, Inc.   24,455 4,842,335
JPMorgan Chase & Co.   185,934 19,244,169
PNC Financial Services Group, Inc.   34,735 4,260,942
Royal Bank of Canada   61,835 4,710,590
State Street Corp.   102,111 7,239,670
Svenska Handelsbanken AB   86,109 934,524
UBS Group AG   754,159 9,745,028
3


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Major Banks – continued  
Wells Fargo & Co.   267,863 $ 13,101,179
        $ 81,789,737
Medical & Health Technology & Services – 0.8%  
HCA Healthcare, Inc.   59,210 $ 8,255,650
McKesson Corp.   14,266 1,829,615
Sonic Healthcare Ltd.   180,746 3,028,113
Walgreens Boots Alliance, Inc.   21,571 1,558,720
        $ 14,672,098
Medical Equipment – 1.8%  
Abbott Laboratories   139,984 $ 10,216,032
Danaher Corp.   63,671 7,062,387
Medtronic PLC   124,123 10,971,232
Thermo Fisher Scientific, Inc.   17,310 4,252,548
        $ 32,502,199
Natural Gas - Distribution – 0.2%  
ENGIE   224,568 $ 3,594,712
Natural Gas - Pipeline – 0.2%  
Enterprise Products Partners LP   154,431 $ 4,273,106
Network & Telecom – 0.2%  
Cisco Systems, Inc.   91,647 $ 4,333,987
Oil Services – 0.3%  
Schlumberger Ltd.   140,342 $ 6,204,520
Other Banks & Diversified Financials – 1.8%  
Agricultural Bank of China Ltd., “H”   2,496,000 $ 1,185,091
American Express Co.   33,600 3,450,720
Citigroup, Inc.   115,002 7,413,029
DBS Group Holdings Ltd.   79,100 1,407,671
ING Groep N.V.   276,168 3,259,643
KBC Group N.V.   61,092 4,145,207
Komercni Banka A.S.   13,580 546,716
ORIX Corp.   94,400 1,421,308
Sberbank of Russia, ADR   91,116 1,236,900
U.S. Bancorp   181,670 9,294,237
        $ 33,360,522
Pharmaceuticals – 5.5%  
Bayer AG   157,706 $ 11,949,780
Bristol-Myers Squibb Co.   154,509 7,628,109
Eli Lilly & Co.   30,149 3,613,659
Johnson & Johnson   144,754 19,263,862
Novartis AG   172,105 14,970,167
Pfizer, Inc.   436,798 18,542,075
Roche Holding AG   83,136 22,066,215
Santen Pharmaceutical Co. Ltd.   310,600 4,274,404
        $ 102,308,271
Printing & Publishing – 0.7%  
Moody's Corp.   41,925 $ 6,645,532
RELX PLC   259,253 5,734,519
        $ 12,380,051
4


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Railroad & Shipping – 0.3%  
Canadian National Railway Co.   28,484 $ 2,378,984
Union Pacific Corp.   20,164 3,207,487
        $ 5,586,471
Real Estate – 1.4%  
CK Asset Holdings Ltd.   357,000 $ 3,028,450
Deutsche Wohnen SE   195,801 9,769,121
Grand City Properties S.A.   100,072 2,485,570
Medical Properties Trust, Inc., REIT   288,426 5,249,353
Public Storage, Inc., REIT   8,422 1,789,844
Store Capital Corp., REIT   48,282 1,560,474
Unibail-Rodamco-Westfield, REIT   15,854 2,851,902
        $ 26,734,714
Restaurants – 0.4%  
Greggs PLC   104,616 $ 2,126,823
Starbucks Corp.   68,645 4,677,470
        $ 6,804,293
Specialty Chemicals – 0.6%  
Akzo Nobel N.V.   68,656 $ 5,922,064
PTT Global Chemical PLC   2,654,000 5,776,490
        $ 11,698,554
Specialty Stores – 0.1%  
Dufry AG (l)   23,473 $ 2,343,405
Telecommunications - Wireless – 1.5%  
KDDI Corp.   798,700 $ 19,966,584
SK Telecom Co. Ltd.   10,608 2,453,356
Vodafone Group PLC   3,009,893 5,470,827
        $ 27,890,767
Telephone Services – 0.4%  
TELUS Corp.   101,716 $ 3,562,518
TELUS Corp.   35,736 1,251,832
Verizon Communications, Inc.   53,210 2,929,742
        $ 7,744,092
Tobacco – 2.7%  
Altria Group, Inc.   156,432 $ 7,719,919
British American Tobacco PLC   52,790 1,860,462
Imperial Brands PLC   139,076 4,605,905
Japan Tobacco, Inc.   463,600 11,704,384
Philip Morris International, Inc.   306,096 23,483,685
        $ 49,374,355
Trucking – 0.2%  
United Parcel Service, Inc., “B”   33,998 $ 3,583,389
Utilities - Electric Power – 1.8%  
Duke Energy Corp.   100,182 $ 8,793,976
E.ON AG   165,082 1,829,064
Exelon Corp.   207,090 9,890,618
SSE PLC   598,931 9,191,027
Xcel Energy, Inc.   60,382 3,161,602
        $ 32,866,287
Total Common Stocks   $ 1,070,207,674
5


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – 36.7%
Aerospace – 0.2%
Huntington Ingalls Industries, Inc., 3.483%, 12/01/2027    $ 630,000 $ 604,926
L3 Technologies, Inc., 3.85%, 6/15/2023      1,094,000 1,105,405
Lockheed Martin Corp., 3.55%, 1/15/2026      795,000 805,335
Rolls-Royce Holdings PLC, 0.875%, 5/09/2024    EUR 750,000 843,252
        $ 3,358,918
Apparel Manufacturers – 0.0%
Coach, Inc., 4.125%, 7/15/2027    $ 802,000 $ 752,760
Asset-Backed & Securitized – 1.7%
A Voce CLO Ltd., 2014-1A, “A1R”, FLR, 3.947% (LIBOR - 3mo. + 1.16%), 7/15/2026 (n)   $ 2,845,495 $ 2,846,289
Chesapeake Funding II LLC, 2016-1A, “A2”, FLR, 3.659% (LIBOR - 1mo. + 1.15%), 3/15/2028 (n)     433,435 434,262
Chesapeake Funding II LLC, 2016-2A, “A2”, FLR, 3.509% (LIBOR - 1mo. + 1%), 6/15/2028 (z)     481,757 482,670
Commercial Mortgage Trust, 2015-LC21, “A4”, 3.708%, 7/10/2048      1,995,691 2,038,701
CPS Auto Trust, 2016-D, “B”, 2.11%, 3/15/2021 (n)     1,153,838 1,151,044
Dryden Senior Loan Fund, 2013-26A, “AR”, CLO, FLR, 3.687% (LIBOR - 3mo. + 0.9%), 4/15/2029 (z)     2,569,000 2,543,310
Dryden Senior Loan Fund, 2018-55A, “A1”, CLO, FLR, 3.807% (LIBOR - 3mo. + 1.02%), 4/15/2031 (n)     2,966,973 2,931,826
Flatiron CLO Ltd., 2013-1A, “A2R”, FLR, 4.423% (LIBOR - 3mo. + 1.65%), 1/17/2026 (n)     3,092,916 3,093,262
Fort Cre LLC, 2018-1A, “A1”, FLR, 3.869% (LIBOR - 1mo. + 1.2%), 10/21/2023 (n)     1,254,500 1,243,817
JPMBB Commercial Mortgage Securities Trust, 2014-C26, 3.494%, 1/15/2048      2,620,000 2,651,481
Kref Ltd., 2018-FL1, “A”, FLR, 3.608%, 6/15/2036 (z)     1,648,500 1,632,015
Magnetite CLO Ltd., 2012-7A, “A1R2”, FLR, 3.587%, 1/15/2028 (n)     2,978,000 2,926,218
Octagon Investment Partners XVII Ltd., 2013-1A, “BR2”, FLR, 4.17% (LIBOR - 3mo. + 1.4%), 1/25/2031 (n)     4,314,000 4,205,973
Wells Fargo Commercial Mortgage Trust, 2015-C28, “A4”, 3.54%, 5/15/2048      2,322,687 2,346,958
Wells Fargo Commercial Mortgage Trust, 2015-NXS1, “A5”, 3.148%, 5/15/2048      1,013,505 1,003,591
        $ 31,531,417
Automotive – 0.4%
FCA Bank S.p.A., 1%, 2/21/2022    EUR 500,000 $ 566,570
Ferrari N.V., 1.5%, 3/16/2023      1,700,000 1,953,226
General Motors Co., 6.75%, 4/01/2046    $ 850,000 872,635
General Motors Financial Co., Inc., 4.35%, 1/17/2027      704,000 659,060
Lear Corp., 3.8%, 9/15/2027      695,000 642,593
Volkswagen Bank GmbH, 0.75%, 6/15/2023    EUR 670,000 742,727
Volkswagen International Finance N.V., 1.875%, 3/30/2027      500,000 546,089
Volkswagen International Finance N.V., 3.375%, 6/27/2059      700,000 770,701
Volkswagen International Finance N.V., 2.7% to 12/14/2022, FLR (EUR Swap Rate-5yr. + 2.54%) to 12/14/27, (EUR Swap Rate - 5yr. + 2.79%) to 12/14/42, (EUR Swap Rate - 5yr. + 3.54%) to 12/31/2099      600,000 667,513
        $ 7,421,114
Broadcasting – 0.2%
Fox Corp., 4.709%, 1/25/2029 (z)   $ 217,000 $ 226,377
Relx Finance B.V., 1%, 3/22/2024    EUR 600,000 689,047
SES S.A., 1.625%, 3/22/2026      1,100,000 1,231,965
WPP Finance, 1.375%, 3/20/2025      700,000 782,992
WPP Finance 2013, 2.875%, 9/14/2046    GBP 1,000,000 1,031,421
        $ 3,961,802
Brokerage & Asset Managers – 0.3%
Charles Schwab Corp., 3.85%, 5/21/2025    $ 1,170,000 $ 1,206,073
E*TRADE Financial Corp., 2.95%, 8/24/2022      822,000 799,857
Euroclear Investments S.A., 2.625% to 4/11/2028, FLR (EUR Swap Rate - 5yr. + 1.659%) to  4/11/2048    EUR 700,000 781,189
Intercontinental Exchange, Inc., 2.75%, 12/01/2020    $ 538,000 535,314
Intercontinental Exchange, Inc., 3.75%, 12/01/2025      883,000 899,367
TD Ameritrade Holding Corp., 2.95%, 4/01/2022      715,000 715,730
        $ 4,937,530
6


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Building – 0.1%
CRH America Finance, Inc., 4.5%, 4/04/2048 (n)   $ 1,033,000 $ 913,378
Martin Marietta Materials, Inc., 4.25%, 7/02/2024      400,000 404,933
Martin Marietta Materials, Inc., 3.45%, 6/01/2027      544,000 501,483
Martin Marietta Materials, Inc., 3.5%, 12/15/2027      764,000 702,545
        $ 2,522,339
Business Services – 0.1%
Cisco Systems, Inc., 2.2%, 2/28/2021    $ 1,211,000 $ 1,198,968
Fidelity National Information Services, Inc., 3.875%, 6/05/2024      320,000 320,010
Fidelity National Information Services, Inc., 5%, 10/15/2025      114,000 120,657
Fidelity National Information Services, Inc., 3%, 8/15/2026      1,032,000 959,956
        $ 2,599,591
Cable TV – 0.2%
Charter Communications Operating LLC/Charter Communications Operating Capital Corp., 6.384%, 10/23/2035    $ 743,000 $ 793,380
Cox Communications, Inc., 3.25%, 12/15/2022 (n)     595,000 587,732
Eutelsat S.A., 2%, 10/02/2025    EUR 500,000 557,392
Sky PLC, 2.5%, 9/15/2026      1,100,000 1,347,443
        $ 3,285,947
Chemicals – 0.3%
Air Liquide Finance Co., 2.25%, 9/27/2023 (n)   $ 1,031,000 $ 985,404
Argentum Netherlands B.V. for Givaudan S.A., 2%, 9/17/2030    EUR 600,000 716,737
LyondellBasell Industries N.V., 5%, 4/15/2019    $ 299,000 299,057
Sasol Chemicals (USA) LLC, 5.875%, 3/27/2024      1,464,000 1,510,100
Sasol Financing USA LLC, 6.5%, 9/27/2028      2,480,000 2,618,110
        $ 6,129,408
Computer Software – 0.2%
Microsoft Corp., 4.1%, 2/06/2037    $ 2,140,000 $ 2,254,961
Ubisoft Entertainment S.A., 1.289%, 1/30/2023    EUR 700,000 795,604
        $ 3,050,565
Computer Software - Systems – 0.2%
Apple, Inc., 2.7%, 5/13/2022    $ 598,000 $ 597,890
Apple, Inc., 4.5%, 2/23/2036      1,752,000 1,877,849
Apple, Inc., 3.6%, 7/31/2042    GBP 400,000 610,351
Apple, Inc., 4.25%, 2/09/2047    $ 348,000 356,487
        $ 3,442,577
Conglomerates – 0.2%
General Electric Co., 4.5%, 3/11/2044    $ 359,000 $ 309,063
Roper Technologies, Inc., 4.2%, 9/15/2028      787,000 793,489
Smiths Group PLC, 2%, 2/23/2027    EUR 600,000 680,222
United Technologies Corp., 4.625%, 11/16/2048    $ 999,000 1,027,186
Wabtec Corp., 4.7%, 9/15/2028      747,000 710,912
        $ 3,520,872
Consumer Products – 0.2%
JAB Holdings B.V., 2%, 5/18/2028    EUR 700,000 $ 790,658
JAB Holdings B.V., 2.5%, 6/25/2029      1,000,000 1,164,511
Reckitt Benckiser Treasury Services PLC, 3.625%, 9/21/2023 (n)   $ 731,000 731,890
Reckitt Benckiser Treasury Services PLC, 3%, 6/26/2027 (n)     1,016,000 961,789
        $ 3,648,848
Consumer Services – 0.3%
Experian Finance PLC, 4.25%, 2/01/2029 (n)   $ 1,333,000 $ 1,344,282
G4S International Finance PLC, 1.5%, 1/09/2023    EUR 750,000 858,393
ManpowerGroup, Inc., 1.75%, 6/22/2026      900,000 1,040,973
7


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Consumer Services – continued
Priceline Group, Inc., 1.8%, 3/03/2027    EUR 751,000 $ 873,394
Priceline Group, Inc., 3.55%, 3/15/2028    $ 587,000 565,610
Visa, Inc., 4.15%, 12/14/2035      984,000 1,042,541
Visa, Inc., 3.65%, 9/15/2047      658,000 634,656
        $ 6,359,849
Electronics – 0.2%
ASML Holding N.V., 1.375%, 7/07/2026    EUR 1,450,000 $ 1,685,650
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.875%, 1/15/2027    $ 1,771,000 1,627,272
        $ 3,312,922
Emerging Market Quasi-Sovereign – 0.6%
Office Cherifien des Phosphates, 6.875%, 4/25/2044 (n)   $ 1,590,000 $ 1,682,461
Petroleos Mexicanos, 1.875%, 4/21/2022    EUR 650,000 712,370
Petroleos Mexicanos, 6.5%, 1/23/2029    $ 2,739,000 2,580,823
PT Pertamina Persero, 6%, 5/03/2042 (n)     3,240,000 3,414,662
PT Perusahaan Listrik Negara, 2.875%, 10/25/2025 (n)   EUR 900,000 1,061,544
State Grid Overseas Investment (2016) Ltd., 3.5%, 5/04/2027    $ 1,939,000 1,892,185
        $ 11,344,045
Emerging Market Sovereign – 1.0%
Oriental Republic of Uruguay, 4.375%, 1/23/2031    $ 3,798,000 $ 3,877,796
Republic of Hungary, 5.375%, 2/21/2023      3,148,000 3,360,270
Republic of Indonesia, 8.25%, 5/15/2029    IDR 91,845,000,000 6,614,529
Republic of Indonesia, 8.375%, 3/15/2034      51,090,000,000 3,616,203
United Mexican States, 4.6%, 2/10/2048    $ 702,000 647,953
        $ 18,116,751
Energy - Independent – 0.2%
Tengizchevroil Finance Co. International Ltd., 4%, 8/15/2026 (n)   $ 3,609,000 $ 3,473,662
Energy - Integrated – 0.0%
Eni S.p.A., 4%, 9/12/2023 (n)   $ 680,000 $ 685,885
Financial Institutions – 0.2%
AerCap Ireland Capital Ltd., 3.65%, 7/21/2027    $ 1,592,000 $ 1,432,040
EXOR N.V., 1.75%, 1/18/2028    EUR 900,000 984,190
GE Capital International Funding Co., 3.373%, 11/15/2025    $ 1,916,000 1,826,080
        $ 4,242,310
Food & Beverages – 0.6%
Anheuser-Busch InBev N.V., 1.5%, 4/18/2030    EUR 660,000 $ 726,359
Anheuser-Busch InBev Worldwide, Inc., 3.75%, 1/15/2022    $ 376,000 382,913
Anheuser-Busch InBev Worldwide, Inc., 3.3%, 2/01/2023      1,251,000 1,248,107
Anheuser-Busch InBev Worldwide, Inc., 4.375%, 4/15/2038      426,000 389,418
Anheuser-Busch InBev Worldwide, Inc., 5.55%, 1/23/2049      965,000 1,007,671
Constellation Brands, Inc., 4.4%, 11/15/2025      1,243,000 1,281,014
Danone S.A., 2.077%, 11/02/2021 (n)     1,298,000 1,254,991
Danone S.A., 2.589%, 11/02/2023 (n)     3,035,000 2,918,860
Kraft Heinz Foods Co., 5.2%, 7/15/2045      128,000 120,794
Kraft Heinz Foods Co., 4.375%, 6/01/2046      545,000 469,529
PepsiCo, Inc., 3.1%, 7/17/2022      651,000 658,869
Wm. Wrigley Jr. Co., 3.375%, 10/21/2020 (n)     300,000 302,301
        $ 10,760,826
Forest & Paper Products – 0.1%
Suzano Austria GmbH, 6%, 1/15/2029 (z)   $ 1,279,000 $ 1,338,154
8


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Gaming & Lodging – 0.0%
InterContinental Hotels Group PLC, 3.75%, 8/14/2025    GBP 510,000 $ 698,929
Health Maintenance Organizations – 0.1%
Halfmoon Parent, Inc., 4.125%, 11/15/2025 (n)   $ 1,074,000 $ 1,095,765
Industrial – 0.1%
Grainger PLC, 3.375%, 4/24/2028    GBP 600,000 $ 780,338
Investor AB, 1.5%, 9/12/2030    EUR 550,000 644,306
        $ 1,424,644
Insurance – 0.1%
American International Group, Inc., 1.875%, 6/21/2027    EUR 850,000 $ 962,974
Argentum Netherlands BV for Zurich Insurance Co. Ltd., 3.5% to 10/01/2026, FLR (EURIBOR - 3mo. + 3.95%) to  10/01/2046      700,000 863,282
NN Group N.V., 4.625% to 4/08/2024, FLR (EURIBOR - 3mo. + 3.95%) to  4/08/2044      700,000 866,202
        $ 2,692,458
Insurance - Health – 0.1%
Aetna, Inc., 2.8%, 6/15/2023    $ 1,094,000 $ 1,063,943
Insurance - Property & Casualty – 0.3%
Berkshire Hathaway, Inc., 2.75%, 3/15/2023    $ 694,000 $ 689,373
Berkshire Hathaway, Inc., 4.5%, 2/11/2043      475,000 507,628
Chubb INA Holdings, Inc., 2.3%, 11/03/2020      284,000 281,603
Chubb INA Holdings, Inc., 2.5%, 3/15/2038    EUR 618,000 711,949
Hiscox Ltd., 6.125% to 11/24/2025, FLR (GBP LIBOR - 3mo. + 5.076%) to 11/24/2045    GBP 650,000 901,868
Marsh & McLennan Cos., Inc., 3.5%, 6/03/2024    $ 500,000 499,032
Marsh & McLennan Cos., Inc., 4.35%, 1/30/2047      532,000 511,747
QBE Capital Funding IV LP, 7.5% to 5/24/2021, FLR (GBP Swap Rate - 10yr. + 4.003%) to 5/24/2041    GBP 300,000 420,913
QBE Insurance Group Ltd., 6.115%, 5/24/2042      100,000 141,224
XLIT Ltd., 3.25% to 6/29/2027, FLR (EURIBOR - 3mo. + 2.9%) to 6/29/2047    EUR 1,120,000 1,295,156
        $ 5,960,493
International Market Quasi-Sovereign – 0.4%
BNG Bank N.V., 0.75%, 1/11/2028    EUR 4,109,000 $ 4,762,251
Islandsbanki, 1.125%, 1/19/2024      950,000 1,043,919
KFW Government Development Banks, 4%, 2/27/2025    AUD 300,000 236,020
Temasek Financial I Ltd., 2.375%, 1/23/2023 (n)   $ 1,450,000 1,413,938
        $ 7,456,128
International Market Sovereign – 11.2%
Commonwealth of Australia, 2.75%, 11/21/2028    AUD 9,780,000 $ 7,419,286
Federal Republic of Germany, 2.5%, 7/04/2044    EUR 5,160,000 8,403,959
Federal Republic of Germany, 2.5%, 8/15/2046      5,145,000 8,511,347
Government of Canada, 1.5%, 6/01/2026    CAD 15,646,000 11,620,038
Government of Canada, 5.75%, 6/01/2033      11,463,000 12,758,264
Government of Canada, Inflation Linked Bond, 4.25%, 12/01/2026      5,426,150 5,356,689
Government of Japan, 1.7%, 9/20/2032    JPY 1,268,550,000 14,017,696
Government of Japan, 2.4%, 3/20/2037      963,850,000 11,973,242
Government of Japan, 0.5%, 6/20/2038      3,008,400,000 27,966,727
Kingdom of Belgium, 1.6%, 6/22/2047    EUR 2,980,000 3,409,687
Kingdom of Norway, 2%, 4/26/2028    NOK 82,905,000 10,064,259
Kingdom of Spain, 2.75%, 10/31/2024    EUR 6,660,000 8,599,470
Kingdom of Spain, 5.15%, 10/31/2028      11,789,000 18,359,890
Kingdom of Spain, 5.15%, 10/31/2044      1,280,000 2,293,537
Republic of Italy, 2%, 2/01/2028      8,319,000 9,224,652
Republic of Italy, 1.65%, 3/01/2032      1,494,000 1,500,246
Republic of Italy, 4%, 2/01/2037      2,980,000 3,820,667
Republic of Portugal, 2.875%, 10/15/2025      12,809,000 16,544,350
9


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
International Market Sovereign – continued
Republic of Portugal, 2.125%, 10/17/2028    EUR 12,898,000 $ 15,611,039
Republic of Portugal, 4.1%, 4/15/2037      1,510,000 2,176,261
United Kingdom Treasury, 3.25%, 1/22/2044    GBP 1,284,000 2,201,617
United Kingdom Treasury, 3.75%, 7/22/2052      2,305,000 4,631,885
United Kingdom Treasury, 4%, 1/22/2060      700,000 1,566,900
        $ 208,031,708
Local Authorities – 0.1%
Province of Alberta, 4.5%, 12/01/2040    CAD 710,000 $ 654,987
Province of British Columbia, 2.3%, 6/18/2026      1,895,000 1,424,895
        $ 2,079,882
Machinery & Tools – 0.1%
CNH Industrial Finance S.p.A., 1.875%, 1/19/2026    EUR 1,000,000 $ 1,127,347
Major Banks – 1.7%
ABN AMRO Bank N.V., 2.875%, 1/18/2028    EUR 500,000 $ 601,867
Bank of America Corp., 3.366% to 1/23/2025, FLR (LIBOR - 3mo. + 0.81%) to  1/23/2026    $ 1,749,000 1,722,888
Bank of America Corp., 3.5%, 4/19/2026      1,418,000 1,405,353
Bank of America Corp., 3.248%, 10/21/2027      2,844,000 2,721,287
Bank of New York Mellon Corp., 2.95%, 1/29/2023      2,800,000 2,796,536
Barclays Bank PLC, 6%, 1/14/2021    EUR 1,012,000 1,257,648
Barclays PLC, 3.125%, 1/17/2024    GBP 750,000 986,282
Credit Agricole S.A., 0.75%, 12/05/2023    EUR 700,000 807,500
Credit Suisse Group AG, 1.25% to 7/17/2024, FLR (EUR Swap Rate - 1yr. + 0.75%) to  7/17/2025      850,000 959,680
Credit Suisse Group AG, 3.869%, 1/12/2029 (n)   $ 1,500,000 1,432,017
HSBC Holdings PLC, 4.375%, 11/23/2026      1,075,000 1,078,434
JPMorgan Chase & Co., 4.5%, 1/24/2022      1,532,000 1,596,193
JPMorgan Chase & Co., 2.95%, 10/01/2026      1,811,000 1,730,014
JPMorgan Chase & Co., 3.54%, 5/01/2028      1,187,000 1,161,114
Morgan Stanley, 5.5%, 7/28/2021      490,000 517,928
Morgan Stanley, 3.125%, 1/23/2023      1,982,000 1,968,312
Morgan Stanley, 3.95%, 4/23/2027      1,588,000 1,549,525
Nationwide Building Society, 1.5%, 3/08/2026    EUR 400,000 447,703
Royal Bank of Scotland Group PLC, 3.875%, 9/12/2023    $ 920,000 903,709
Sumitomo Mitsui Financial Group, Inc., 3.544%, 1/17/2028      996,000 982,788
Svenska Handelsbanken AB, 5.25%, 12/29/2049      1,291,000 1,274,863
UBS Group Funding (Jersey) Ltd., 1.5%, 11/30/2024    EUR 800,000 927,767
UBS Group Funding (Switzerland) AG, 2.859% to 8/15/2022, FLR (LIBOR - 3mo. + 0.954%) to 8/15/2023 (n)   $ 1,972,000 1,918,682
Wells Fargo & Co., 4.15%, 1/24/2029      852,000 874,973
        $ 31,623,063
Medical & Health Technology & Services – 0.4%
Becton, Dickinson and Co., 1.401%, 5/24/2023    EUR 1,400,000 $ 1,617,631
Becton, Dickinson and Co., 3.734%, 12/15/2024    $ 932,000 929,014
Laboratory Corp. of America Holdings, 3.2%, 2/01/2022      1,034,000 1,031,523
Laboratory Corp. of America Holdings, 4.7%, 2/01/2045      642,000 601,193
Northwell Healthcare, Inc., 4.26%, 11/01/2047      667,000 639,859
Thermo Fisher Scientific, Inc., 3%, 4/15/2023      1,872,000 1,845,452
Thermo Fisher Scientific, Inc., 2.95%, 9/19/2026      617,000 584,339
Thermo Fisher Scientific, Inc., 3.2%, 8/15/2027      395,000 376,734
        $ 7,625,745
Medical Equipment – 0.1%
Abbott Laboratories, 4.9%, 11/30/2046    $ 1,237,000 $ 1,377,127
Metals & Mining – 0.1%
Glencore Funding LLC, 3%, 10/27/2022 (n)   $ 1,485,000 $ 1,436,604
10


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Midstream – 0.2%
APT Pipelines Ltd., 5%, 3/23/2035 (n)   $ 685,000 $ 680,984
MPLX LP, 4.5%, 4/15/2038      833,000 764,654
ONEOK, Inc., 4.95%, 7/13/2047      1,972,000 1,867,960
Sabine Pass Liquefaction LLC, 4.2%, 3/15/2028      1,376,000 1,350,423
        $ 4,664,021
Mortgage-Backed – 2.6%  
Fannie Mae, 5.18%, 3/01/2019   $ 295,210 $ 294,582
Fannie Mae, 4.5%, 3/01/2025 - 2/01/2046     9,838,133 10,335,762
Fannie Mae, 5.5%, 1/01/2037     31,240 34,045
Fannie Mae, 6%, 9/01/2037 - 6/01/2038     309,787 338,663
Fannie Mae, 5%, 4/01/2040 - 8/01/2040     2,224,828 2,380,404
Fannie Mae, 4%, 11/01/2040 - 2/01/2041     4,721,992 4,875,043
Fannie Mae, 3.5%, 5/01/2043 - 1/01/2047     3,887,599 3,931,279
Freddie Mac, 3.224%, 3/25/2027     4,500,000 4,526,822
Freddie Mac, 3.117%, 6/25/2027     1,483,189 1,476,888
Freddie Mac, 3.194%, 7/25/2027     3,914,000 3,912,138
Freddie Mac, 3.187%, 9/25/2027     1,792,000 1,789,469
Freddie Mac, 3.286%, 11/25/2027     2,576,000 2,588,940
Freddie Mac, 3.35%, 1/25/2028     2,733,000 2,759,628
Freddie Mac, 5.5%, 7/01/2037     63,360 68,698
Freddie Mac, 4.5%, 12/01/2039 - 5/01/2042     2,928,602 3,080,004
Freddie Mac, 5%, 7/01/2041     1,499,488 1,603,103
Freddie Mac, 3.5%, 1/01/2047     2,575,468 2,595,915
Ginnie Mae, 5%, 5/15/2040     494,915 519,700
Ginnie Mae, 3.5%, 6/20/2043     1,384,126 1,408,692
        $ 48,519,775
Municipals – 0.1%
Commonwealth of Puerto Rico, Public Improvement, “C-7”, NATL, 6%, 7/01/2027    $ 100,000 $ 103,497
Oklahoma Development Finance Authority, Health System Rev. (OU Medicine Project), “C”, AGM, 4.65%, 8/15/2030      992,000 1,058,752
Puerto Rico Electric Power Authority Rev., “PP”, 5%, 7/01/2022      425,000 427,779
        $ 1,590,028
Natural Gas - Distribution – 0.1%
Boston Gas Co., 3.15%, 8/01/2027 (n)   $ 1,037,000 $ 991,517
GNL Quintero S.A., 4.634%, 7/31/2029 (n)     1,440,000 1,429,200
        $ 2,420,717
Network & Telecom – 0.3%
AT&T, Inc., 4.75%, 5/15/2046    $ 983,000 $ 919,580
British Telecommunications PLC, 3.125%, 11/21/2031    GBP 400,000 515,215
Empresa Nacional de Telecomunicaciones S.A., 4.75%, 8/01/2026 (n)   $ 3,399,000 3,268,100
        $ 4,702,895
Oils – 0.2%
Marathon Petroleum Corp., 3.4%, 12/15/2020    $ 524,000 $ 524,120
Marathon Petroleum Corp., 3.625%, 9/15/2024      1,138,000 1,122,356
Neste Oyj, 1.5%, 6/07/2024    EUR 1,100,000 1,277,953
Phillips 66, 4.875%, 11/15/2044    $ 750,000 776,632
        $ 3,701,061
Other Banks & Diversified Financials – 0.6%
Belfius Bank S.A., 3.125%, 5/11/2026    EUR 600,000 $ 718,503
BPCE S.A., 0.625%, 9/26/2023      600,000 686,595
BPCE S.A., 5.25%, 4/16/2029    GBP 700,000 1,063,527
Citizens Financial Group, Inc., 2.375%, 7/28/2021    $ 1,005,000 982,548
Deutsche Bank AG, 1.875%, 2/28/2020    GBP 800,000 1,039,119
Groupe BPCE S.A., 4.5%, 3/15/2025 (n)   $ 300,000 297,697
11


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Other Banks & Diversified Financials – continued
Intesa Sanpaolo S.p.A., 5.25%, 1/28/2022    GBP 550,000 $ 759,345
Intesa Sanpaolo S.p.A. , 2.125%, 8/30/2023    EUR 500,000 578,723
KBC Group N.V., 0.875%, 6/27/2023      700,000 802,983
Macquarie Group Ltd., 1.25%, 3/05/2025      700,000 785,571
UBS AG, 5.125%, 5/15/2024    $ 1,730,000 1,749,950
UniCredit S.p.A., 1%, 1/18/2023    EUR 1,200,000 1,298,020
UniCredito Italiano S.p.A., 6.572%, 1/14/2022 (n)   $ 742,000 758,007
        $ 11,520,588
Pharmaceuticals – 0.2%
Allergan Funding SCS, 2.625%, 11/15/2028    EUR 710,000 $ 830,551
Bayer Capital Corp. B.V., 1.5%, 6/26/2026      800,000 906,796
Takeda Pharmaceutical Co. Ltd., 1.125%, 11/21/2022 (z)     1,000,000 1,157,638
Takeda Pharmaceutical Co. Ltd., 2.25%, 11/21/2026 (z)     900,000 1,071,273
        $ 3,966,258
Pollution Control – 0.1%
Republic Services, Inc., 3.95%, 5/15/2028    $ 1,249,000 $ 1,270,427
Real Estate - Apartment – 0.1%
Grand City Properties S.A., 1.375%, 8/03/2026    EUR 1,100,000 $ 1,194,592
Real Estate - Office – 0.2%
Boston Properties, Inc., REIT, 3.125%, 9/01/2023    $ 669,000 $ 653,077
Merlin Properties SOCIMI S.A., REIT, 2.225%, 4/25/2023    EUR 1,000,000 1,185,253
Merlin Properties SOCIMI S.A., REIT, 1.875%, 11/02/2026      1,256,000 1,398,109
        $ 3,236,439
Retailers – 0.2%
Best Buy Co., Inc., 4.45%, 10/01/2028    $ 1,000,000 $ 951,407
Home Depot, Inc., 2.625%, 6/01/2022      1,400,000 1,395,536
Home Depot, Inc., 3%, 4/01/2026      916,000 900,097
Home Depot, Inc., 4.875%, 2/15/2044      500,000 555,040
        $ 3,802,080
Specialty Stores – 0.0%
Richemont International S.A., 1.5%, 3/26/2030    EUR 850,000 $ 991,858
Supermarkets – 0.1%
Esselunga S.p.A., 0.875%, 10/25/2023    EUR 850,000 $ 941,211
Loblaw Cos. Ltd., 4.86%, 9/12/2023    CAD 725,000 589,766
        $ 1,530,977
Supranational – 0.5%
European Stability Mechanism, 0.75%, 3/15/2027    EUR 7,310,000 $ 8,587,647
International Bank for Reconstruction and Development, 2.8%, 1/13/2021    AUD 600,000 441,147
International Bank for Reconstruction and Development, 4.25%, 6/24/2025      440,000 352,504
International Finance Corp., 3.25%, 7/22/2019      635,000 463,833
        $ 9,845,131
Telecommunications - Wireless – 0.2%
American Tower Corp., REIT, 3.5%, 1/31/2023    $ 502,000 $ 499,684
American Tower Corp., REIT, 4%, 6/01/2025      1,250,000 1,255,475
Crown Castle International Corp., 2.25%, 9/01/2021      1,466,000 1,424,460
Crown Castle International Corp., 3.7%, 6/15/2026      515,000 499,876
SBA Tower Trust, 2.898%, 10/15/2044 (n)     588,000 585,963
        $ 4,265,458
12


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Bonds – continued
Telephone Services – 0.0%
TELUS Corp., 5.05%, 7/23/2020    CAD 734,000 $ 578,575
Tobacco – 0.1%
B.A.T. International Finance PLC, 0.875%, 10/13/2023    EUR 500,000 $ 563,928
Imperial Brands Finance PLC, 1.375%, 1/27/2025      550,000 616,114
        $ 1,180,042
Transportation - Services – 0.3%
Autostrade per l'Italia S.p.A., 6.25%, 6/09/2022    GBP 625,000 $ 882,454
Compagnie Financiere et Industrielle des Autoroutes S.A., 0.75%, 9/09/2028    EUR 900,000 974,585
ERAC USA Finance LLC, 7%, 10/15/2037 (n)   $ 627,000 774,873
Heathrow Funding Ltd., 1.875%, 7/12/2032    EUR 700,000 797,450
Heathrow Funding Ltd., 4.625%, 10/31/2046    GBP 375,000 612,098
Transurban Finance Co., 1.75%, 3/29/2028    EUR 1,050,000 1,198,966
        $ 5,240,426
U.S. Government Agencies and Equivalents – 0.1%
Small Business Administration, 5.09%, 10/01/2025    $ 15,546 $ 16,077
Small Business Administration, 5.21%, 1/01/2026      192,821 200,543
Small Business Administration, 5.31%, 5/01/2027      142,374 149,642
Small Business Administration, 2.22%, 3/01/2033      719,087 695,687
        $ 1,061,949
U.S. Treasury Obligations – 7.2%
U.S. Treasury Bonds, 4.5%, 2/15/2036    $ 3,814,000 $ 4,721,166
U.S. Treasury Bonds, 4.5%, 8/15/2039 (f)     10,341,600 12,948,814
U.S. Treasury Bonds, 3.625%, 2/15/2044      9,889,000 10,993,787
U.S. Treasury Bonds, 3%, 5/15/2047      5,379,000 5,372,276
U.S. Treasury Bonds, TIPS, 0.25%, 1/15/2025      16,951,273 16,491,184
U.S. Treasury Bonds, TIPS, 0.375%, 1/15/2027      5,258,635 5,098,617
U.S. Treasury Notes, 2.125%, 9/30/2024      13,579,000 13,327,046
U.S. Treasury Notes, 2%, 11/15/2026      10,560,000 10,135,537
U.S. Treasury Notes, 2.75%, 2/15/2028 (f)     29,673,000 29,979,003
U.S. Treasury Notes, 2.875%, 5/15/2028      23,113,900 23,578,887
        $ 132,646,317
Utilities - Electric Power – 1.0%
Duke Energy Corp., 2.65%, 9/01/2026    $ 1,361,000 $ 1,268,970
Duke Energy Florida LLC, 3.2%, 1/15/2027      1,500,000 1,463,955
Emera U.S. Finance LP, 2.7%, 6/15/2021      339,000 332,115
Emera U.S. Finance LP, 3.55%, 6/15/2026      387,000 368,899
Enel Finance International N.V., 5.625%, 8/14/2024    GBP 400,000 597,229
Enel Finance International N.V., 1.125%, 9/16/2026    EUR 1,200,000 1,317,300
Enel Finance International N.V., 3.5%, 4/06/2028 (z)   $ 875,000 771,287
Enel Finance International N.V., 4.75%, 5/25/2047 (n)     456,000 399,246
Enersis Americas S.A., 4%, 10/25/2026      3,133,000 3,039,010
Exelon Corp., 3.497%, 6/01/2022      636,000 631,109
innogy Finance B.V., 1.625%, 5/30/2026    EUR 900,000 1,054,386
Innogy Finance B.V., 4.75%, 1/31/2034    GBP 600,000 929,795
LLPL Capital Pte. Ltd., 6.875%, 2/04/2039 (z)   $ 652,000 681,122
NextEra Energy Capital Holdings, Inc., 3.55%, 5/01/2027      1,540,000 1,494,329
PPL Capital Funding, Inc., 5%, 3/15/2044      331,000 343,261
PPL WEM Holdings PLC, 5.375%, 5/01/2021 (n)     189,000 194,597
Public Service Enterprise Group, 2%, 11/15/2021      1,750,000 1,684,570
Virginia Electric & Power Co., 3.5%, 3/15/2027      2,000,000 1,989,409
        $ 18,560,589
Total Bonds   $ 679,982,131
13


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Preferred Stocks – 0.4%
Consumer Products – 0.4%        
Henkel AG & Co. KGaA   82,464 $ 8,011,678
Convertible Preferred Stocks – 0.1%
Utilities - Electric Power – 0.1%  
CenterPoint Energy, Inc., 7%   31,489 $ 1,698,831
NextEra Energy, Inc., 6.123%   15,054 892,853
Total Convertible Preferred Stocks $ 2,591,684
Investment Companies (h) – 4.6%
Money Market Funds – 4.6%  
MFS Institutional Money Market Portfolio, 2.47% (v)     85,626,250 $ 85,617,687
Collateral for Securities Loaned – 0.1%
JPMorgan U.S. Government Money Market Fund, 2.31% (j)     1,712,058 $ 1,712,058
 
Other Assets, Less Liabilities – 0.3%   5,132,361
Net Assets – 100.0% $ 1,853,255,273
(a) Non-income producing security.
(f) All or a portion of the security has been segregated as collateral for open futures contracts.
(h) An affiliated issuer, which 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. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $85,617,687 and $1,762,505,225, respectively.
(j) The rate quoted is the annualized seven-day yield of the fund at period end.
(l) A portion of this security is on loan.
(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 $55,828,722, representing 3.0% of net assets.
(v) Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio is the annualized seven-day yield of the fund at period end.
(z) Restricted securities are not registered under the Securities Act of 1933 and are subject to legal restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are subsequently registered. Disposal of these securities may involve time-consuming negotiations and prompt sale at an acceptable price may be difficult. The fund holds the following restricted securities:
Restricted Securities Acquisition
Date
Cost Value
Chesapeake Funding II LLC, 2016-2A, “A2”, FLR, 3.509% (LIBOR - 1mo. + 1%), 6/15/2028 6/14/16 $481,757 $482,670
Dryden Senior Loan Fund, 2013-26A, “AR”, CLO, FLR, 3.687% (LIBOR - 3mo. + 0.9%), 4/15/2029 4/09/18 2,569,000 2,543,310
Enel Finance International N.V., 3.5%, 4/06/2028 10/02/18 770,625 771,287
Fox Corp., 4.709%, 1/25/2029 1/15/19 217,000 226,377
Kref Ltd., 2018-FL1, “A”, FLR, 3.608%, 6/15/2036 11/07/18 1,648,500 1,632,015
LLPL Capital Pte. Ltd., 6.875%, 2/04/2039 1/29/19 652,000 681,122
Suzano Austria GmbH, 6%, 1/15/2029 1/29/19 1,329,994 1,338,154
Takeda Pharmaceutical Co. Ltd., 1.125%, 11/21/2022 11/15/18 1,129,165 1,157,638
Takeda Pharmaceutical Co. Ltd., 2.25%, 11/21/2026 11/15/18 1,018,639 1,071,273
Total Restricted Securities     $9,903,846
% of Net assets     0.5%
The following abbreviations are used in this report and are defined:
ADR American Depositary Receipt
AGM Assured Guaranty Municipal
CLO Collateralized Loan Obligation
EURIBOR Euro Interbank Offered Rate
FLR Floating Rate. Interest rate resets periodically based on the parenthetically disclosed reference rate plus a spread (if any). The period-end rate reported may not be the current rate. All reference rates are USD unless otherwise noted.
LIBOR London Interbank Offered Rate
NATL National Public Finance Guarantee Corp.
PJSC Public Joint Stock Company
14


Portfolio of Investments (unaudited) – continued
PLC Public Limited Company
REIT Real Estate Investment Trust
TIPS Treasury Inflation Protected Security
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:
AUD Australian Dollar
CAD Canadian Dollar
CHF Swiss Franc
CZK Czech Koruna
DKK Danish Krone
EUR Euro
GBP British Pound
IDR Indonesian Rupiah
ILS Israeli Shekel
JPY Japanese Yen
KRW South Korean Won
MXN Mexican Peso
NOK Norwegian Krone
NZD New Zealand Dollar
PHP Philippine Peso
PLN Polish Zloty
RUB Russian Ruble
SEK Swedish Krona
SGD Singapore Dollar
THB Thailand Baht
ZAR South African Rand
Derivative Contracts at 1/31/19
Forward Foreign Currency Exchange Contracts
Currency
Purchased
Currency
Sold
Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
Asset Derivatives
CAD 12,477,054 USD 9,422,875 Citibank N.A. 4/12/2019 $87,962
CAD 24,209,487 USD 18,308,090 JPMorgan Chase Bank N.A. 4/12/2019 145,985
CAD 5,465,000 USD 4,163,965 Merrill Lynch International 4/12/2019 1,820
CAD 6,335,016 USD 4,739,894 Morgan Stanley Capital Services, Inc. 4/12/2019 89,075
EUR 1,654,226 USD 1,898,659 Brown Brothers Harriman 4/12/2019 5,711
EUR 4,191,964 USD 4,817,036 Citibank N.A. 4/12/2019 8,819
EUR 16,786,167 USD 19,261,737 Deutsche Bank AG 4/12/2019 62,760
EUR 8,500,114 USD 9,733,081 JPMorgan Chase Bank N.A. 3/18/2019 29,945
EUR 16,094,648 USD 18,433,669 JPMorgan Chase Bank N.A. 4/12/2019 94,740
EUR 512,155 USD 587,933 Royal Bank of Scotland Group PLC 4/12/2019 1,667
GBP 578,000 USD 756,802 Barclays Bank PLC 4/12/2019 3,917
GBP 4,130,960 USD 5,303,053 Citibank N.A. 4/12/2019 133,798
GBP 435,000 USD 551,831 Deutsche Bank AG 4/12/2019 20,683
GBP 4,340,000 USD 5,706,635 Goldman Sachs International 4/12/2019 5,338
GBP 4,491,126 USD 5,759,958 JPMorgan Chase Bank N.A. 4/12/2019 150,915
GBP 186,000 USD 240,367 Royal Bank of Scotland Group PLC 4/12/2019 4,432
GBP 246,854 USD 319,521 UBS AG 4/12/2019 5,370
IDR 35,037,357,000 USD 2,266,030 JPMorgan Chase Bank N.A. 2/04/2019 241,564
ILS 2,402,000 USD 654,414 Barclays Bank PLC 4/12/2019 9,249
JPY 227,511,118 USD 2,092,152 State Street Bank Corp. 4/12/2019 8,147
KRW 5,363,620,000 USD 4,798,458 Barclays Bank PLC 3/11/2019 26,714
KRW 6,121,167,000 USD 5,478,780 JPMorgan Chase Bank N.A. 3/11/2019 27,889
MXN 45,128,885 USD 2,314,575 JPMorgan Chase Bank N.A. 4/12/2019 21,733
NOK 26,000,000 USD 3,064,121 Goldman Sachs International 4/12/2019 27,839
NZD 5,795,000 USD 3,945,600 JPMorgan Chase Bank N.A. 4/12/2019 65,366
PHP 337,177,000 USD 6,388,348 Barclays Bank PLC 2/28/2019 70,886
15


Portfolio of Investments (unaudited) – continued
Forward Foreign Currency Exchange Contracts − continued
Currency
Purchased
Currency
Sold
Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
Asset Derivatives − continued
PLN 5,974,803 USD 1,605,779 Citibank N.A. 4/12/2019 $2,483
RUB 73,875,000 USD 1,105,847 JPMorgan Chase Bank N.A. 3/06/2019 19,923
SGD 2,292,000 USD 1,694,413 JPMorgan Chase Bank N.A. 4/12/2019 10,698
THB 93,457,750 USD 2,832,911 JPMorgan Chase Bank N.A. 2/13/2019 158,756
USD 5,425,834 CAD 7,111,158 JPMorgan Chase Bank N.A. 4/12/2019 5,238
USD 810,241 CHF 790,000 Barclays Bank PLC 4/12/2019 10,668
USD 6,634,279 EUR 5,730,058 Deutsche Bank AG 4/12/2019 37,746
USD 8,621,087 EUR 7,451,454 Goldman Sachs International 4/12/2019 42,856
USD 1,817,398 EUR 1,573,616 JPMorgan Chase Bank N.A. 4/12/2019 5,827
USD 2,308,952 EUR 2,000,000 Royal Bank of Scotland Group PLC 4/12/2019 6,521
USD 1,183,729 EUR 1,024,000 State Street Bank Corp. 4/12/2019 4,884
USD 1,118,773 GBP 846,000 Goldman Sachs International 4/12/2019 5,333
USD 2,106,875 GBP 1,600,000 UBS AG 4/12/2019 1,079
USD 789,279 JPY 85,000,000 Citibank N.A. 4/12/2019 4,591
USD 231,345 JPY 25,044,753 Goldman Sachs International 4/12/2019 141
USD 936,514 SEK 8,401,000 Goldman Sachs International 4/12/2019 3,077
USD 7,844,530 SEK 70,058,000 JPMorgan Chase Bank N.A. 4/12/2019 60,367
            $ 1,732,512
Liability Derivatives
CHF 5,270,000 USD 5,421,632 UBS AG 4/12/2019 $(87,771)
CZK 12,895,000 USD 576,762 Barclays Bank PLC 4/12/2019 (2,585)
DKK 13,065,598 USD 2,015,788 Royal Bank of Scotland Group PLC 4/12/2019 (320)
EUR 682,000 USD 787,988 Citibank N.A. 4/12/2019 (2,859)
EUR 401,550 USD 464,524 Deutsche Bank AG 4/12/2019 (2,253)
GBP 4,624,969 USD 6,129,113 Citibank N.A. 4/12/2019 (42,086)
JPY 878,159,568 USD 8,157,625 Citibank N.A. 4/12/2019 (50,779)
JPY 8,642,105,791 USD 80,032,466 JPMorgan Chase Bank N.A. 4/12/2019 (251,726)
JPY 169,497,660 USD 1,570,969 Morgan Stanley Capital Services, Inc. 4/12/2019 (6,229)
NOK 25,000,000 USD 2,976,673 Citibank N.A. 4/12/2019 (3,635)
SEK 109,172,843 USD 12,342,609 JPMorgan Chase Bank N.A. 4/12/2019 (212,385)
USD 2,955,264 AUD 4,124,063 Deutsche Bank AG 4/12/2019 (45,325)
USD 55,443,859 CAD 73,656,481 Citibank N.A. 4/12/2019 (701,991)
USD 1,146,364 EUR 1,000,000 Citibank N.A. 4/12/2019 (4,852)
USD 11,253,018 EUR 9,845,476 Deutsche Bank AG 4/12/2019 (81,248)
USD 3,731,693 EUR 3,248,000 Goldman Sachs International 4/12/2019 (7,455)
USD 7,469,907 EUR 6,511,335 JPMorgan Chase Bank N.A. 4/12/2019 (26,042)
USD 6,275,991 EUR 5,478,966 Royal Bank of Scotland Group PLC 4/12/2019 (31,480)
USD 286,502 EUR 250,000 UBS AG 4/12/2019 (1,301)
USD 1,552,338 GBP 1,200,000 Citibank N.A. 4/12/2019 (27,010)
USD 765,007 GBP 591,000 UBS AG 4/12/2019 (12,822)
USD 2,372,197 IDR 35,037,357,000 JPMorgan Chase Bank N.A. 2/04/2019 (135,396)
USD 204,515 JPY 22,154,000 Citibank N.A. 4/12/2019 (3)
USD 3,734,163 JPY 406,048,000 Goldman Sachs International 4/12/2019 (14,323)
USD 7,816,607 JPY 846,863,000 JPMorgan Chase Bank N.A. 4/12/2019 (1,321)
USD 755,284 KRW 852,187,000 JPMorgan Chase Bank N.A. 3/11/2019 (11,353)
USD 667,180 NOK 5,672,696 JPMorgan Chase Bank N.A. 4/12/2019 (7,426)
USD 3,223,464 NZD 4,761,422 Goldman Sachs International 4/12/2019 (72,119)
USD 21,707 ZAR 305,067 UBS AG 4/12/2019 (1,116)
            $(1,845,211)
    
16


Portfolio of Investments (unaudited) – continued
Futures Contracts
Description Long/
Short
Currency Contracts Notional
Amount
Expiration
Date
Value/Unrealized
Appreciation
(Depreciation)
Asset Derivatives
Interest Rate Futures 
U.S. Treasury Note 2 yr Long USD 259 $54,992,984 March – 2019 $ 383,539
Liability Derivatives
Interest Rate Futures 
German Euro-Bobl 5 yr Short EUR 141 $21,453,385 March – 2019 $(102,106)
German Euro-Bund 10 yr Short EUR 73 13,842,689 March – 2019 (205,088)
German Euro-Buxl 30 yr Short EUR 22 4,680,178 March – 2019 (214,091)
U.S. Treasury Note 10 yr Short USD 22 2,694,312 March – 2019 (17,955)
U.S. Treasury Note 5 yr Short USD 240 27,566,250 March – 2019 (510,847)
U.S. Treasury Ultra Note 10 yr Short USD 173 22,608,937 March – 2019 (764,987)
            $(1,815,074)
At January 31, 2019, the fund had cash collateral of $724,000 and other liquid securities with an aggregate value of $1,003,512 to cover any collateral or margin obligations for certain derivative contracts.
See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.
17


Supplemental Information
1/31/19 (unaudited)
The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.
(1) Investment Valuations
Equity securities, including restricted equity securities, are generally valued at the last sale or official closing price on their primary market or exchange as provided by a third-party pricing service. Equity securities, for which there were no sales reported that day, are generally valued at the last quoted daily bid quotation on their primary market or exchange as provided by a third-party pricing service. Debt instruments and floating rate loans, including restricted debt instruments, are generally valued at an evaluated or composite bid as provided by a third-party pricing service.  Short-term instruments with a maturity at issuance of 60 days or less may be valued at amortized cost, which approximates market value. Futures contracts are generally valued at last posted settlement price on their primary exchange as provided by a third-party pricing service. Futures contracts for which there were no trades that day for a particular position are generally valued at the closing bid quotation on their primary exchange as provided by a third-party pricing service. Forward foreign currency exchange contracts are generally valued at the mean of bid and asked prices for the time period interpolated from rates provided by a third-party pricing service for proximate time periods. Open-end investment companies are generally valued at net asset value per share. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, and other market data. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.
The Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund’s investments (including any fair valuation) to the adviser pursuant to valuation policies and procedures approved by the Board. If the adviser determines that reliable market quotations are not readily available, investments are valued at fair value as determined in good faith by the adviser in accordance with such procedures under the oversight of the Board of Trustees. Under the fund’s valuation policies and procedures, market quotations are not considered to be readily available for most types of debt instruments and floating rate loans and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services. In addition, investments may be valued at fair value if the adviser determines that an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund’s net asset value, or after the halting of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. Events that occur on a frequent basis after foreign markets close (such as developments in foreign markets and significant movements in the U.S. markets) and prior to the determination of the fund’s net asset value may be deemed to have a material effect on the value of securities traded in foreign markets. Accordingly, the fund’s foreign equity securities may often be valued at fair value. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund’s net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund’s net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net asset value per share.
Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk).
18


Supplemental Information (unaudited) – continued
Level 3 includes unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as futures contracts and forward foreign currency exchange contracts. The following is a summary of the levels used as of January 31, 2019 in valuing the fund's assets or liabilities:
Financial Instruments Level 1 Level 2 Level 3 Total
Equity Securities:        
United States $593,881,369 $— $— $593,881,369
Switzerland 96,141,936 96,141,936
Japan 71,541,575 3,380,360 74,921,935
United Kingdom 71,103,014 71,103,014
France 53,945,887 53,945,887
Canada 41,702,427 41,702,427
Germany 34,045,213 34,045,213
Taiwan 24,030,302 24,030,302
Netherlands 18,254,727 18,254,727
Other Countries 43,395,235 29,388,992 72,784,227
U.S. Treasury Bonds & U.S. Government Agency & Equivalents 133,708,266 133,708,266
Non-U.S. Sovereign Debt 254,793,764 254,793,764
Municipal Bonds 1,590,028 1,590,028
U.S. Corporate Bonds 102,356,100 102,356,100
Residential Mortgage-Backed Securities 48,519,775 48,519,775
Commercial Mortgage-Backed Securities 10,916,563 10,916,563
Asset-Backed Securities (including CDOs) 20,614,854 20,614,854
Foreign Bonds 107,482,780 107,482,780
Mutual Funds 87,329,745 87,329,745
Total $1,135,371,430 $712,751,482 $— $1,848,122,912
Other Financial Instruments        
Futures Contracts - Assets $383,539 $— $— $383,539
Futures Contracts - Liabilities (1,815,074) (1,815,074)
Forward Foreign Currency Exchange Contracts - Assets 1,732,512 1,732,512
Forward Foreign Currency Exchange Contracts - Liabilities (1,845,211) (1,845,211)
For further information regarding security characteristics, see the Portfolio of Investments.
(2) Investments in 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:
Affiliated Issuers Beginning
Shares/Par
Amount
Acquisitions
Shares/Par
Amount
Dispositions
Shares/Par
Amount
Ending
Shares/Par
Amount
MFS Institutional Money Market Portfolio 45,724,144 319,523,467 (279,621,361) 85,626,250
Affiliated Issuers Realized
Gain (Loss)
Change in
Unrealized
Appreciation/
Depreciation
Capital Gain
Distributions
Dividend
Income
Ending
Value
MFS Institutional Money Market Portfolio $(4,512) $(1,677) $— $391,528 $85,617,687
    
19


Supplemental Information (unaudited) – continued
(3) Issuer Country Weightings
Issuer country weighting percentages of portfolio holdings based on net assets, as of January 31, 2019, are as follows:
United States 56.2%
Japan 7.1%
Switzerland 5.8%
United Kingdom 5.4%
Canada 4.1%
France 3.5%
Spain 2.2%
Portugal 2.1%
Netherlands 1.5%
Other Countries 12.1%
The issuer country weighting percentages include both accrued interest amounts and the equivalent exposure from any derivative holdings, if applicable.
20


Quarterly Report
January 31, 2019
MFS®  Utilities Fund


Portfolio of Investments
1/31/19 (unaudited)
The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.
Issuer     Shares/Par Value ($)
Common Stocks – 91.4%
Cable TV – 5.6%  
Altice USA, Inc.   2,904,828 $ 57,050,822
Charter Communications, Inc., “A” (a)   66,260 21,935,373
Comcast Corp., “A”   1,949,562 71,295,482
NOS, SGPS, S.A.   4,497,619 29,163,275
        $ 179,444,952
Energy - Independent – 1.9%  
Enable Midstream Partners LP   780,852 $ 11,822,099
Targa Resources Corp.   320,503 13,784,834
Western Gas Equity Partners LP   1,140,430 36,003,375
        $ 61,610,308
Natural Gas - Distribution – 4.6%  
China Resources Gas Group Ltd.   10,120,000 $ 39,832,554
NiSource, Inc.   1,219,518 33,268,451
Sempra Energy   632,725 74,016,171
        $ 147,117,176
Natural Gas - Pipeline – 14.2%  
APA Group   2,017,845 $ 13,464,962
Cheniere Energy, Inc. (a)   874,879 57,435,806
Enbridge, Inc.   1,905,638 69,629,499
Energy Transfer LP   1,313,786 19,325,792
Enterprise Products Partners LP   2,783,557 77,021,022
EQM Midstream Partners LP   958,309 43,852,220
Equitrans Midstream Corp. (a)   909,222 18,930,002
Plains All American Pipeline LP   1,067,817 24,314,193
TransCanada Corp.   1,800,342 76,565,403
Williams Cos., Inc.   2,022,931 54,477,532
        $ 455,016,431
Pollution Control – 0.2%  
Covanta Holding Corp.   408,086 $ 6,570,185
Telecommunications - Wireless – 7.0%  
Advanced Info Service PLC   2,937,200 $ 16,781,314
American Tower Corp., REIT   339,915 58,750,908
Cellnex Telecom S.A.U.   1,424,860 40,103,700
KDDI Corp.   962,800 24,068,895
Millicom International Cellular S.A.   2,554 162,000
Millicom International Cellular S.A. SDR   308,922 19,323,949
Mobile TeleSystems PJSC, ADR   2,165,746 18,625,416
Tele2 AB, “B”   3,574,583 44,601,548
        $ 222,417,730
Telephone Services – 4.6%  
France Telecom   1,977,615 $ 30,716,753
Hellenic Telecommunications Organization S.A.   2,328,754 29,187,134
PT XL Axiata Tbk (a)   75,827,725 11,776,430
Royal KPN N.V.   9,337,530 28,717,947
Telesites S.A.B. de C.V. (a)   11,816,800 7,415,529
TELUS Corp.   1,141,045 39,964,147
        $ 147,777,940
1


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Common Stocks – continued
Utilities - Electric Power – 52.8%  
AES Corp.   2,286,932 $ 37,482,815
Algonquin Power & Utilities Corp.   147,247 1,626,054
American Electric Power Co., Inc.   1,173,577 92,853,412
Avangrid, Inc.   192,531 9,601,521
CenterPoint Energy, Inc.   3,232,021 99,934,089
Clearway Energy, Inc.   783,359 11,515,377
CMS Energy Corp.   125,316 6,533,976
Dominion Energy, Inc.   347,024 24,374,966
Duke Energy Corp.   867,224 76,124,923
E.ON AG   1,164,855 12,906,276
Edison International   572,802 32,632,530
EDP Renovaveis S.A.   17,107,224 153,710,280
Emera, Inc. (l)   1,003,833 35,143,132
Enel S.p.A   13,326,380 80,324,266
Enersis Americas S.A., ADR   1,670,006 17,267,862
Entergy Corp.   892,910 79,638,643
Equatorial Energia S.A.   306,200 7,400,617
Evergy, Inc.   898,864 51,522,884
Eversource Energy   257,499 17,873,006
Exelon Corp.   3,463,848 165,433,381
FirstEnergy Corp.   1,457,079 57,117,497
Iberdrola S.A.   9,420,469 77,635,211
NextEra Energy Partners LP   879,959 35,339,153
NextEra Energy, Inc.   684,968 122,595,573
NRG Energy, Inc.   1,813,743 74,200,226
NTPC Ltd.   7,064,315 13,928,355
PPL Corp.   1,359,557 42,581,325
Public Service Enterprise Group, Inc.   1,694,746 92,448,394
RWE AG   1,539,881 38,141,532
SSE PLC   3,737,815 57,359,462
Vistra Energy Corp. (a)   2,434,885 61,139,962
        $ 1,686,386,700
Utilities - Water – 0.5%  
Companhia de Saneamento Basico do Estado de Sao Paulo   1,283,900 $ 15,267,258
Total Common Stocks   $ 2,921,608,680
Convertible Preferred Stocks – 4.9%
Natural Gas - Distribution – 1.4%  
Sempra Energy, 6%   172,694 $ 17,326,389
Sempra Energy, 6.75%   173,133 17,614,552
South Jersey Industries, Inc., 7.25%   201,300 9,887,856
        $ 44,828,797
Utilities - Electric Power – 3.5%  
CenterPoint Energy, Inc., 7%   166,747 $ 8,996,000
Dominion Energy, Inc., 6.75%   706,077 33,927,000
NextEra Energy, Inc., 6.123%   768,116 45,556,960
Vistra Energy Corp., 7%   231,977 22,745,345
        $ 111,225,305
Total Convertible Preferred Stocks $ 156,054,102
Investment Companies (h) – 3.9%
Money Market Funds – 3.9%  
MFS Institutional Money Market Portfolio, 2.47% (v)     123,236,071 $ 123,223,747
2


Portfolio of Investments (unaudited) – continued
Issuer     Shares/Par Value ($)
Collateral for Securities Loaned – 1.0%
JPMorgan U.S. Government Money Market Fund, 2.31% (j)     33,210,000 $ 33,210,000
 
Other Assets, Less Liabilities – (1.2)%   (38,988,916)
Net Assets – 100.0% $ 3,195,107,613
(a) Non-income producing security.      
(h) An affiliated issuer, which 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. At period end, the aggregate values of the fund's investments in affiliated issuers and in unaffiliated issuers were $123,223,747 and $3,110,872,782, respectively.      
(j) The rate quoted is the annualized seven-day yield of the fund at period end.      
(l) A portion of this security is on loan.      
(v) Affiliated issuer that is available only to investment companies managed by MFS. The rate quoted for the MFS Institutional Money Market Portfolio 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 Depositary Receipt
PJSC Public Joint Stock Company
PLC Public Limited Company
REIT Real Estate Investment Trust
SDR Swedish Depository Receipt
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:
CAD Canadian Dollar
EUR Euro
GBP British Pound
Derivative Contracts at 1/31/19
Forward Foreign Currency Exchange Contracts
Currency
Purchased
Currency
Sold
Counterparty Settlement
Date
Unrealized
Appreciation
(Depreciation)
Asset Derivatives
EUR 1,214,589 USD 1,396,339 Merrill Lynch International 4/12/2019 $1,915
USD 12,921,594 EUR 11,178,255 Deutsche Bank AG 4/12/2019 53,012
USD 12,538,844 EUR 10,837,685 Goldman Sachs International 4/12/2019 62,332
USD 202,731,407 EUR 175,370,918 JPMorgan Chase Bank N.A. 4/12/2019 841,674
            $ 958,933
Liability Derivatives
EUR 1,041,179 USD 1,212,176 Citibank N.A. 4/12/2019 $(13,555)
USD 67,536,451 CAD 89,797,695 Citibank N.A. 4/12/2019 (913,302)
USD 3,465,218 CAD 4,585,977 JPMorgan Chase Bank N.A. 4/12/2019 (30,517)
USD 64,233,308 CAD 85,399,467 Morgan Stanley Capital Services, Inc. 4/12/2019 (863,825)
USD 101,383,459 EUR 88,540,407 JPMorgan Chase Bank N.A. 3/18/2019 (311,921)
USD 33,567,748 GBP 26,173,277 JPMorgan Chase Bank N.A. 4/12/2019 (879,498)
            $(3,012,618)
At January 31, 2019, the fund had cash collateral of $2,770,000 to cover any collateral or margin obligations for certain derivative contracts.
See attached supplemental information. For more information see notes to financial statements as disclosed in the most recent semiannual or annual report.
3


Supplemental Information
1/31/19 (unaudited)
The fund is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services - Investment Companies.
(1) Investment Valuations
Equity securities, including restricted equity securities, are generally valued at the last sale or official closing price on their primary market or exchange as provided by a third-party pricing service. Equity securities, for which there were no sales reported that day, are generally valued at the last quoted daily bid quotation on their primary market or exchange as provided by a third-party pricing service. Short-term instruments with a maturity at issuance of 60 days or less may be valued at amortized cost, which approximates market value. Forward foreign currency exchange contracts are generally valued at the mean of bid and asked prices for the time period interpolated from rates provided by a third-party pricing service for proximate time periods. Open-end investment companies are generally valued at net asset value per share. Securities and other assets generally valued on the basis of information from a third-party pricing service may also be valued at a broker/dealer bid quotation. In determining values, third-party pricing services can utilize both transaction data and market information such as yield, quality, coupon rate, maturity, type of issue, trading characteristics, and other market data. The values of foreign securities and other assets and liabilities expressed in foreign currencies are converted to U.S. dollars using the mean of bid and asked prices for rates provided by a third-party pricing service.
The Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund’s investments (including any fair valuation) to the adviser pursuant to valuation policies and procedures approved by the Board. If the adviser determines that reliable market quotations are not readily available, investments are valued at fair value as determined in good faith by the adviser in accordance with such procedures under the oversight of the Board of Trustees. Under the fund’s valuation policies and procedures, market quotations are not considered to be readily available for most types of debt instruments and floating rate loans and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services. In addition, investments may be valued at fair value if the adviser determines that an investment’s value has been materially affected by events occurring after the close of the exchange or market on which the investment is principally traded (such as foreign exchange or market) and prior to the determination of the fund’s net asset value, or after the halting of trading of a specific security where trading does not resume prior to the close of the exchange or market on which the security is principally traded. Events that occur on a frequent basis after foreign markets close (such as developments in foreign markets and significant movements in the U.S. markets) and prior to the determination of the fund’s net asset value may be deemed to have a material effect on the value of securities traded in foreign markets. Accordingly, the fund’s foreign equity securities may often be valued at fair value. The adviser generally relies on third-party pricing services or other information (such as the correlation with price movements of similar securities in the same or other markets; the type, cost and investment characteristics of the security; the business and financial condition of the issuer; and trading and other market data) to assist in determining whether to fair value and at what value to fair value an investment. The value of an investment for purposes of calculating the fund’s net asset value can differ depending on the source and method used to determine value. When fair valuation is used, the value of an investment used to determine the fund’s net asset value may differ from quoted or published prices for the same investment. There can be no assurance that the fund could obtain the fair value assigned to an investment if it were to sell the investment at the same time at which the fund determines its net asset value per share.
Various inputs are used in determining the value of the fund's assets or liabilities. These inputs are categorized into three broad levels. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment's level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The fund's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes other significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk).
4


Supplemental Information (unaudited) – continued
Level 3 includes unobservable inputs, which may include the adviser's own assumptions in determining the fair value of investments. Other financial instruments are derivative instruments, such as forward foreign currency exchange contracts. The following is a summary of the levels used as of January 31, 2019 in valuing the fund's assets or liabilities:
Financial Instruments Level 1 Level 2 Level 3 Total
Equity Securities:        
United States $2,026,852,025 $— $— $2,026,852,025
Canada 222,928,235 222,928,235
Portugal 182,873,555 182,873,555
Spain 117,738,910 117,738,910
Italy 80,324,265 80,324,265
Sweden 64,087,497 64,087,497
United Kingdom 57,359,462 57,359,462
Germany 51,047,808 51,047,808
China 39,832,554 39,832,554
Other Countries 203,908,802 30,709,669 234,618,471
Mutual Funds 156,433,747 156,433,747
Total $3,163,554,306 $70,542,223 $— $3,234,096,529
Other Financial Instruments        
Forward Foreign Currency Exchange Contracts - Assets $— $958,933 $— $958,933
Forward Foreign Currency Exchange Contracts - Liabilities (3,012,618) (3,012,618)
For further information regarding security characteristics, see the Portfolio of Investments.
(2) Investments in 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:
Affiliated Issuers Beginning
Shares/Par
Amount
Acquisitions
Shares/Par
Amount
Dispositions
Shares/Par
Amount
Ending
Shares/Par
Amount
MFS Institutional Money Market Portfolio 63,843,237 208,819,054 (149,426,220) 123,236,071
Affiliated Issuers Realized
Gain (Loss)
Change in
Unrealized
Appreciation/
Depreciation
Capital Gain
Distributions
Dividend
Income
Ending
Value
MFS Institutional Money Market Portfolio $1,974 $— $— $626,105 $123,223,747
    
(3) Issuer Country Weightings
Issuer country weighting percentages of portfolio holdings based on net assets, as of January 31, 2019, are as follows:
United States 67.1%
Canada 7.0%
Portugal 5.7%
Spain 3.7%
Italy 2.5%
Sweden 2.0%
United Kingdom 1.8%
Germany 1.6%
China 1.2%
Other Countries 7.4%
The issuer country weighting percentages include both accrued interest amounts and the equivalent exposure from any derivative holdings, if applicable.
5


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 as EX-99.CERT.


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 VI

 

By (Signature and Title)*    /S/ DAVID L. DILORENZO
  David L. DiLorenzo, President

Date: March 19, 2019

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: March 19, 2019

 

By (Signature and Title)*    /S/ JAMES O. YOST
 

James O. Yost, Treasurer

(Principal Financial Officer and Accounting Officer)

Date: March 19, 2019

 

*

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