MFS Global Research Portfolio
MFS VARIABLE INSURANCE TRUST II
Expense ratio
Net assets1
$70.06M
Holdings1
124
Category
International Equity
Return

Investment objective & strategy

As of April 29, 2025 · prospectus

Objective. The funds investment objective is to seek capital appreciation.

Strategy. MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the funds assets primarily in U.S. and foreign equity securities, including emerging market equity securities. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. In selecting investments for the fund, MFS is not constrained by any particular investment style. MFS may invest the funds assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. … MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the funds assets primarily in U.S. and foreign equity securities, including emerging market equity securities. Equity securities include common stocks, depositary receipts, and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. In selecting investments for the fund, MFS is not constrained by any particular investment style. MFS may invest the funds assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth companies), in the stocks of companies it believes are undervalued compared to their perceived worth (value companies), or in a combination of growth and value companies. While MFS may invest the funds assets in securities of companies of any size, MFS primarily invests in securities of companies with large capitalizations. MFS normally invests the fund's assets across different industries, sectors, countries, and regions, but MFS may invest a significant percentage of the funds assets in issuers in a single industry, sector, country, or region. MFS generally invests the fund's assets in at least three different countries and invests a percentage of the fund's net assets in securities of foreign issuers equal to at least the lesser of 40% or the percentage of foreign issuers in the MSCI All Country World Index less 15%. In conjunction with a team of investment research analysts, sector leaders select investments for the fund. MFS generally manages the fund to be sector neutral to the MSCI All Country World Index using MFS' custom industry and sector categories to classify the fund and the MSCI All Country World Index's holdings. MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $3.52M 5.03%
TSMC $2.59M 3.70%
MICROSOFT CORP $2.53M 3.62%
AMAZON.COM INC $2.21M 3.15%
APPLE INC $2.08M 2.97%
ALPHABET INC CL A $1.81M 2.58%
META PLATFORMS INC CL A $1.43M 2.05%
BROADCOM INC $1.40M 2.00%
MASTERCARD INC CL A $1.37M 1.96%
PNC FINANCIAL SERVICES GRP INC $1.21M 1.73%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
5
Exited
5
Increased
13
Decreased
101
Unchanged
6

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
MFS Research Fund · MFRFX, MFRJX, MFRBX, MFRCX, MRFIX, MFRLX, MSRRX, MFRHX, MFRKX 55% 0.44%
MFS Research Series 55% 0.74%
NYLI VP MFS Research Portfolio 54% 0.75%
View all similar funds →

Advisers

As of December 31, 2025 · N-CEN
FirmRole
MASSACHUSETTS FINANCIAL SERVICES COMPANY Adviser

Footnotes

  1. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.

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