# EDGAR Filing Document

**Accession Number:** 0000318874
**File Stem:** 0001410368-26-064330
**Filing Date:** 2026-6
**Character Count:** 62245
**Document Hash:** a56c4bfc4e3348f01931ff87007e5733
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-064330.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0001410368-26-064330

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST VII
- **CENTRAL INDEX KEY:** 0000318874

**ORGANIZATION NAME:**
- **EIN:** 046452925
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03090
- **FILM NUMBER:** 261113291

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS WORLDWIDE GOVERNMENTS FUND
- **DATE OF NAME CHANGE:** 19930408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS WORLDWIDE GOVERNMENTS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASSACHUSETTS FINANCIAL INTERNATIONAL TRUST BOND PORTFOLIO
- **DATE OF NAME CHANGE:** 19910225

## Series and Classes Contracts Data

### MFS Equity Income Fund (Series ID: S000038342)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000118291 | A            | EQNAX           |
| C000118292 | B            | EQNBX           |
| C000118293 | C            | EQNCX           |
| C000118294 | I            | EQNIX           |
| C000118295 | R1           | EQNRX           |
| C000118296 | R2           | EQNSX           |
| C000118297 | R3           | EQNTX           |
| C000118298 | R4           | EQNUX           |
| C000118299 | R6           | EQNVX           |

## Nport-Ex

EQI-Q3

![](imgfde21d631.gif)

**Quarterly Report**

April 30, 2026

MFS<sup>®</sup> Equity Income Fund

![](imgfd0994792.gif)

------

**Portfolio of Investments**

4/30/26 (unaudited)

The Portfolio of Investments is a complete list of all securities owned by your fund. It is categorized by broad-based asset classes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Common Stocks – 95.3%  | Common Stocks – 95.3%  | Common Stocks – 95.3%  |
| Aerospace & Defense – 1.8% | Aerospace & Defense – 1.8% |  |
| General Dynamics Corp. | 10297 | &nbsp;&nbsp;&nbsp; $3545257 |
| General Electric Co. | 23933 | &nbsp;&nbsp;&nbsp; 6938895 |
| Leidos Holdings, Inc. | 25069 | &nbsp;&nbsp;&nbsp; 3740796 |
|  |  | &nbsp;&nbsp;&nbsp; $14224948 |
| Alcoholic Beverages – 0.7% | Alcoholic Beverages – 0.7% |  |
| Ambev S.A., ADR (l)  | 2001369 | &nbsp;&nbsp;&nbsp; $5843997 |
| Auto & Auto Components – 0.5% | Auto & Auto Components – 0.5% |  |
| Ford Motor Co.  | 315049 | &nbsp;&nbsp;&nbsp; $3805792 |
| Brokerage & Asset Managers – 4.5% | Brokerage & Asset Managers – 4.5% |  |
| Ameriprise Financial, Inc. | 22915 | &nbsp;&nbsp;&nbsp; $10879813 |
| Charles Schwab Corp. | 17442 | &nbsp;&nbsp;&nbsp; 1598385 |
| Interactive Brokers Group, Inc. | 61456 | &nbsp;&nbsp;&nbsp; 4885752 |
| Northern Trust Corp. | 96086 | &nbsp;&nbsp;&nbsp; 15982945 |
| TPG, Inc. | 54486 | &nbsp;&nbsp;&nbsp; 2376679 |
|  |  | &nbsp;&nbsp;&nbsp; $35723574 |
| Business Services – 0.9% | Business Services – 0.9% |  |
| Accenture PLC, "A" | 21912 | &nbsp;&nbsp;&nbsp; $3915894 |
| Cognizant Technology Solutions Corp., "A" | 61688 | &nbsp;&nbsp;&nbsp; 3263295 |
|  |  | &nbsp;&nbsp;&nbsp; $7179189 |
| Chemicals – 0.4% | Chemicals – 0.4% |  |
| Eastman Chemical Co.  | 38252 | &nbsp;&nbsp;&nbsp; $2795839 |
| Construction – 1.4% | Construction – 1.4% |  |
| Masco Corp.  | 151336 | &nbsp;&nbsp;&nbsp; $10868952 |
| Consumer Products – 1.7% | Consumer Products – 1.7% |  |
| Colgate-Palmolive Co. | 124780 | &nbsp;&nbsp;&nbsp; $10651221 |
| Kimberly-Clark Corp. | 27324 | &nbsp;&nbsp;&nbsp; 2689501 |
|  |  | &nbsp;&nbsp;&nbsp; $13340722 |
| Diversified Financial Services – 0.7% | Diversified Financial Services – 0.7% |  |
| Mastercard, Inc., "A" | 11159 | &nbsp;&nbsp;&nbsp; $5612084 |
| Electrical Equipment – 1.5% | Electrical Equipment – 1.5% |  |
| Amphenol Corp., "A" | 20579 | &nbsp;&nbsp;&nbsp; $3030669 |
| Eaton Corp. PLC | 20557 | &nbsp;&nbsp;&nbsp; 8901387 |
|  |  | &nbsp;&nbsp;&nbsp; $11932056 |
| Energy - Independent – 5.5% | Energy - Independent – 5.5% |  |
| Cenovus Energy, Inc. | 203669 | &nbsp;&nbsp;&nbsp; $5958557 |
| Chord Energy Corp. | 21223 | &nbsp;&nbsp;&nbsp; 3090069 |
| Eni S.p.A. | 331426 | &nbsp;&nbsp;&nbsp; 9366270 |
| EOG Resources, Inc. | 22152 | &nbsp;&nbsp;&nbsp; 3113907 |
| Phillips 66 | 41812 | &nbsp;&nbsp;&nbsp; 7490620 |
| TotalEnergies SE | 58434 | &nbsp;&nbsp;&nbsp; 5437791 |
| Valero Energy Corp. | 34612 | &nbsp;&nbsp;&nbsp; 8742299 |
|  |  | &nbsp;&nbsp;&nbsp; $43199513 |
| Energy - Renewables – 0.3% | Energy - Renewables – 0.3% |  |
| AES Corp.  | 178461 | &nbsp;&nbsp;&nbsp; $2578761 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Common Stocks – continued  | Common Stocks – continued  | Common Stocks – continued  |
| Engineering - Construction – 0.4% | Engineering - Construction – 0.4% |  |
| Jacobs Solutions, Inc.  | 23077 | &nbsp;&nbsp;&nbsp; $2986395 |
| Entertainment & Leisure – 2.2% | Entertainment & Leisure – 2.2% |  |
| Brunswick Corp. | 154939 | &nbsp;&nbsp;&nbsp; $12309903 |
| Polaris, Inc. | 71566 | &nbsp;&nbsp;&nbsp; 4742679 |
|  |  | &nbsp;&nbsp;&nbsp; $17052582 |
| Food & Beverages – 0.8% | Food & Beverages – 0.8% |  |
| General Mills, Inc. | 59611 | &nbsp;&nbsp;&nbsp; $2104864 |
| PepsiCo, Inc. | 26573 | &nbsp;&nbsp;&nbsp; 4211555 |
|  |  | &nbsp;&nbsp;&nbsp; $6316419 |
| Food & Drug Stores – 0.4% | Food & Drug Stores – 0.4% |  |
| Albertsons Cos., Inc., "A" | 191167 | &nbsp;&nbsp;&nbsp; $3221164 |
| Global Systemically Important Banks – 7.3% | Global Systemically Important Banks – 7.3% |  |
| Bank of America Corp. | 234295 | &nbsp;&nbsp;&nbsp; $12525411 |
| BNP Paribas S.A. | 88966 | &nbsp;&nbsp;&nbsp; 9363220 |
| Citigroup, Inc. | 138205 | &nbsp;&nbsp;&nbsp; 17687476 |
| ING Groep N.V. | 140229 | &nbsp;&nbsp;&nbsp; 4067335 |
| JPMorgan Chase & Co. | 4937 | &nbsp;&nbsp;&nbsp; 1546416 |
| State Street Corp. | 49145 | &nbsp;&nbsp;&nbsp; 7511322 |
| Wells Fargo & Co. | 61065 | &nbsp;&nbsp;&nbsp; 5021375 |
|  |  | &nbsp;&nbsp;&nbsp; $57722555 |
| Hardware, Peripherals, & Assembly – 3.5% | Hardware, Peripherals, & Assembly – 3.5% |  |
| Apple, Inc. | 34196 | &nbsp;&nbsp;&nbsp; $9279084 |
| Arista Networks, Inc. (a) | 37422 | &nbsp;&nbsp;&nbsp; 6463154 |
| Seagate Technology Holdings PLC | 18186 | &nbsp;&nbsp;&nbsp; 12250817 |
|  |  | &nbsp;&nbsp;&nbsp; $27993055 |
| Health Maintenance Organizations – 2.2% | Health Maintenance Organizations – 2.2% |  |
| Cigna Group | 46299 | &nbsp;&nbsp;&nbsp; $13453563 |
| Humana, Inc. | 15975 | &nbsp;&nbsp;&nbsp; 3777129 |
|  |  | &nbsp;&nbsp;&nbsp; $17230692 |
| Insurance – 4.2% | Insurance – 4.2% |  |
| Equitable Holdings, Inc. | 245387 | &nbsp;&nbsp;&nbsp; $10355331 |
| Hartford Insurance Group, Inc. | 24835 | &nbsp;&nbsp;&nbsp; 3397676 |
| Lincoln National Corp. | 260818 | &nbsp;&nbsp;&nbsp; 9861529 |
| Voya Financial, Inc. | 119912 | &nbsp;&nbsp;&nbsp; 9827988 |
|  |  | &nbsp;&nbsp;&nbsp; $33442524 |
| Interactive Media Services – 3.2% | Interactive Media Services – 3.2% |  |
| Alphabet, Inc., "A" | 47934 | &nbsp;&nbsp;&nbsp; $18445003 |
| Meta Platforms, Inc., "A" | 11340 | &nbsp;&nbsp;&nbsp; 6939060 |
|  |  | &nbsp;&nbsp;&nbsp; $25384063 |
| Machinery & Tools – 6.0% | Machinery & Tools – 6.0% |  |
| AGCO Corp. | 130575 | &nbsp;&nbsp;&nbsp; $15802186 |
| Caterpillar, Inc. | 11971 | &nbsp;&nbsp;&nbsp; 10655507 |
| Finning International, Inc. | 188695 | &nbsp;&nbsp;&nbsp; 13819250 |
| Trane Technologies PLC | 15146 | &nbsp;&nbsp;&nbsp; 7460011 |
|  |  | &nbsp;&nbsp;&nbsp; $47736954 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Common Stocks – continued  | Common Stocks – continued  | Common Stocks – continued  |
| Media – 1.6% | Media – 1.6% |  |
| Omnicom Group, Inc. | 101183 | &nbsp;&nbsp;&nbsp; $7762760 |
| TKO Group Holdings, Inc. | 24801 | &nbsp;&nbsp;&nbsp; 4615218 |
|  |  | &nbsp;&nbsp;&nbsp; $12377978 |
| Medical & Health Technology & Services – 1.0% | Medical & Health Technology & Services – 1.0% |  |
| McKesson Corp.  | 9903 | &nbsp;&nbsp;&nbsp; $8072926 |
| Medical Equipment – 1.2% | Medical Equipment – 1.2% |  |
| Medtronic PLC  | 114115 | &nbsp;&nbsp;&nbsp; $9239892 |
| Metals & Mining – 1.7% | Metals & Mining – 1.7% |  |
| Rio Tinto PLC  | 136521 | &nbsp;&nbsp;&nbsp; $13650447 |
| Natural Gas - Pipeline – 0.5% | Natural Gas - Pipeline – 0.5% |  |
| Enbridge, Inc.  | 75911 | &nbsp;&nbsp;&nbsp; $4210354 |
| Network & Telecom – 1.1% | Network & Telecom – 1.1% |  |
| Qualcomm, Inc.  | 48216 | &nbsp;&nbsp;&nbsp; $8658629 |
| Non-Global Systemically Important Banks – 4.2% | Non-Global Systemically Important Banks – 4.2% |  |
| American Express Co. | 32134 | &nbsp;&nbsp;&nbsp; $10380888 |
| PNC Financial Services Group, Inc. | 21888 | &nbsp;&nbsp;&nbsp; 4881024 |
| Popular, Inc. | 121157 | &nbsp;&nbsp;&nbsp; 18213532 |
|  |  | &nbsp;&nbsp;&nbsp; $33475444 |
| Oil Services – 2.1% | Oil Services – 2.1% |  |
| TechnipFMC PLC  | 217266 | &nbsp;&nbsp;&nbsp; $16418792 |
| Pharmaceuticals & Biotechnology – 8.1% | Pharmaceuticals & Biotechnology – 8.1% |  |
| Bristol-Myers Squibb Co. | 134868 | &nbsp;&nbsp;&nbsp; $8171652 |
| Gilead Sciences, Inc. | 78238 | &nbsp;&nbsp;&nbsp; 10236660 |
| GSK PLC | 261185 | &nbsp;&nbsp;&nbsp; 6863511 |
| Johnson & Johnson | 88277 | &nbsp;&nbsp;&nbsp; 20290469 |
| Pfizer, Inc. | 703670 | &nbsp;&nbsp;&nbsp; 18787989 |
|  |  | &nbsp;&nbsp;&nbsp; $64350281 |
| Real Estate – 3.1% | Real Estate – 3.1% |  |
| Essential Properties Realty Trust, REIT | 316257 | &nbsp;&nbsp;&nbsp; $9939957 |
| W.P. Carey, Inc., REIT | 205748 | &nbsp;&nbsp;&nbsp; 15005202 |
|  |  | &nbsp;&nbsp;&nbsp; $24945159 |
| Real Estate - Storage & Office – 1.7% | Real Estate - Storage & Office – 1.7% |  |
| Cousins Properties, Inc., REIT | 270280 | &nbsp;&nbsp;&nbsp; $6921871 |
| Highwoods Properties, Inc., REIT | 253823 | &nbsp;&nbsp;&nbsp; 6170437 |
|  |  | &nbsp;&nbsp;&nbsp; $13092308 |
| Restaurants – 1.2% | Restaurants – 1.2% |  |
| Aramark  | 200470 | &nbsp;&nbsp;&nbsp; $9159474 |
| Retail & E-commerce – 4.2% | Retail & E-commerce – 4.2% |  |
| Amazon.com, Inc. (a) | 52206 | &nbsp;&nbsp;&nbsp; $13837722 |
| Home Depot, Inc. | 30061 | &nbsp;&nbsp;&nbsp; 9884057 |
| Target Corp. | 40936 | &nbsp;&nbsp;&nbsp; 5311446 |
| TJX Cos., Inc. | 25707 | &nbsp;&nbsp;&nbsp; 4029572 |
|  |  | &nbsp;&nbsp;&nbsp; $33062797 |

---

------

*Portfolio of Investments (unaudited) – continued*

---

| | | |
|:---|:---|:---|
| **Issuer** | **Shares/Par** | **Value ($)** |
| Common Stocks – continued  | Common Stocks – continued  | Common Stocks – continued  |
| Semiconductor & Electronic Components – 5.0% | Semiconductor & Electronic Components – 5.0% |  |
| Broadcom, Inc. | 17056 | &nbsp;&nbsp;&nbsp; $7119686 |
| KLA Corp. | 2366 | &nbsp;&nbsp;&nbsp; 4141328 |
| Lam Research Corp. | 67366 | &nbsp;&nbsp;&nbsp; 17370997 |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 27575 | &nbsp;&nbsp;&nbsp; 10921354 |
|  |  | &nbsp;&nbsp;&nbsp; $39553365 |
| Software – 2.1% | Software – 2.1% |  |
| Microsoft Corp. | 31210 | &nbsp;&nbsp;&nbsp; $12726814 |
| Pegasystems, Inc. | 58571 | &nbsp;&nbsp;&nbsp; 2140770 |
| Salesforce, Inc. | 10739 | &nbsp;&nbsp;&nbsp; 1895756 |
|  |  | &nbsp;&nbsp;&nbsp; $16763340 |
| Tobacco – 2.5% | Tobacco – 2.5% |  |
| Altria Group, Inc. | 84459 | &nbsp;&nbsp;&nbsp; $6135946 |
| British American Tobacco PLC | 162231 | &nbsp;&nbsp;&nbsp; 9526620 |
| Philip Morris International, Inc. | 26271 | &nbsp;&nbsp;&nbsp; 4336554 |
|  |  | &nbsp;&nbsp;&nbsp; $19999120 |
| Transportation & Logistics – 0.4% | Transportation & Logistics – 0.4% |  |
| Union Pacific Corp.  | 10980 | &nbsp;&nbsp;&nbsp; $2958890 |
| Utilities – 3.5% | Utilities – 3.5% |  |
| Duke Energy Corp. | 35761 | &nbsp;&nbsp;&nbsp; $4632838 |
| Edison International | 94128 | &nbsp;&nbsp;&nbsp; 6540955 |
| Portland General Electric Co. | 315508 | &nbsp;&nbsp;&nbsp; 16384330 |
|  |  | &nbsp;&nbsp;&nbsp; $27558123 |
| **Total Common Stocks**  |  | &nbsp;&nbsp; **$753739149** |
| Convertible Preferred Stocks – 3.0%  | Convertible Preferred Stocks – 3.0%  | Convertible Preferred Stocks – 3.0%  |
| Aerospace & Defense – 0.6% | Aerospace & Defense – 0.6% |  |
| Boeing Co., 6%, 10/15/2027  | 59884 | &nbsp;&nbsp;&nbsp; $4323625 |
| Utilities – 2.4% | Utilities – 2.4% |  |
| NextEra Energy, Inc., 7.234%, 11/01/2027  | 181893 | &nbsp;&nbsp;&nbsp; $9798576 |
| PG&E Corp., 6%, 12/01/2027  | 219888 | &nbsp;&nbsp;&nbsp; 9248489 |
|  |  | &nbsp;&nbsp;&nbsp; $19047065 |
| **Total Convertible Preferred Stocks**  | **Total Convertible Preferred Stocks**  | &nbsp;&nbsp; **$23370690** |
| Preferred Stocks – 0.3%  | Preferred Stocks – 0.3%  | Preferred Stocks – 0.3%  |
| Metals & Mining – 0.3% |  |  |
| Gerdau S.A.  | 595716 | &nbsp;&nbsp;&nbsp; $2720049 |
| Convertible Bonds – 0.2% | Convertible Bonds – 0.2% | Convertible Bonds – 0.2% |
| Utilities – 0.2% | Utilities – 0.2% |  |
| PG&E Corp., 4.25%, 12/01/2027  | $1678000 | &nbsp;&nbsp;&nbsp; $1719111 |
| Mutual Funds (h) – 1.0%  | Mutual Funds (h) – 1.0%  | Mutual Funds (h) – 1.0%  |
| Money Market Funds – 1.0% | Money Market Funds – 1.0% |  |
| MFS Institutional Money Market Portfolio, 3.7% (v)  | 8042536 | &nbsp;&nbsp;&nbsp; $8043340 |
| Collateral for Securities Loaned – 0.7%  | Collateral for Securities Loaned – 0.7%  | Collateral for Securities Loaned – 0.7%  |
| JPMorgan U.S. Government Money Market Fund - Class IM Shares, 3.6% (j)  | 5331600 | &nbsp;&nbsp;&nbsp; $5331600 |
| Other Assets, Less Liabilities – (0.5)% |  | &nbsp;&nbsp;&nbsp; (3770287)<br>|
| **Net Assets – 100.0%** | **Net Assets – 100.0%** | &nbsp;&nbsp; **$791153652** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

*Portfolio of Investments (unaudited) – continued*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Non-income producing security.

&nbsp;&nbsp;&nbsp;&nbsp;(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 $8,043,340 and $786,880,599, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;(j) The rate quoted is the annualized seven-day yield of the fund at period end.

&nbsp;&nbsp;&nbsp;&nbsp;(l) A portion of this security is on loan.

&nbsp;&nbsp;&nbsp;&nbsp;(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.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The following abbreviations are used in this report and are defined: <br> ADR American Depositary Receipt <br> REIT Real Estate Investment Trust

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

------

**Supplemental Information**

4/30/26 (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**

Subject to its oversight, the fund's Board of Trustees has delegated primary responsibility for determining or causing to be determined the value of the fund's investments to MFS as the fund's adviser, pursuant to the fund's valuation policy and procedures which have been adopted by the adviser and approved by the Board. In accordance with Rule 2a-5 under the Investment Company Act of 1940, the Board of Trustees designated the adviser as the "valuation designee" of the fund. If the adviser, as valuation designee, determines that reliable market quotations are not readily available for an investment, the investment is valued at fair value as determined in good faith by the adviser in accordance with the adviser's fair valuation policy and procedures.

Under the fund's valuation policy and procedures, 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. Open-end investment companies are generally valued at net asset value

per share. 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.

Under the fund's valuation policy and procedures, market quotations are not considered to be readily available for debt instruments, floating rate loans, and many types of derivatives. These investments are generally valued at fair value based on information from third-party pricing services or otherwise determined by the adviser in accordance with the adviser's fair valuation policy and procedures. 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, spreads and other market data. Pricing services generally value debt instruments assuming orderly transactions of institutional round lot sizes, but a fund may hold or transact in such securities in smaller, odd lot sizes. In instances where a fund holds an odd lot size position in a debt instrument, such position will typically be valued using the pricing agent's institutional round lot price for the debt instrument. Odd lots may trade at lower prices than institutional round lots, and the fund may receive different prices when it sells odd lot positions than it would receive for sales of institutional round lot positions. An investment may also be valued at fair value if the adviser determines that the 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 halt 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 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

------

*Supplemental Information (unaudited) – continued*

significant observable market-based inputs (including quoted prices for similar securities, interest rates, prepayment speed, and credit risk). Level 3 includes significant 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 April 30, 2026 in valuing the fund's assets and liabilities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Equity Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp; $678081133 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $678081133 |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp; 13650447 | &nbsp;&nbsp;&nbsp; 16390131 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 30040578 |
| &nbsp;&nbsp;&nbsp; Canada | &nbsp;&nbsp;&nbsp; 23988161 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 23988161 |
| &nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp; 5437791 | &nbsp;&nbsp;&nbsp; 9363220 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 14801011 |
| &nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp;&nbsp; 10921354 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 10921354 |
| &nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9366270 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 9366270 |
| &nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp;&nbsp; 8564046 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 8564046 |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4067335 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 4067335 |
| U.S. Corporate Bonds | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1719111 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 1719111 |
| Investment Companies | &nbsp;&nbsp;&nbsp; 13374940 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 13374940 |
| Total | &nbsp;&nbsp;&nbsp; $754017872 | &nbsp;&nbsp;&nbsp; $40906067 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $794923939 |

---

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. The following were affiliated issuers for the period ended April 30, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Affiliated Issuers** | **Beginning** <br>**Value**<br>| **Purchases** | **Sales** <br>**Proceeds**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation or** <br>**Depreciation**<br>| **Ending** <br>**Value**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $2641415 | &nbsp;&nbsp; $61115445 | &nbsp;&nbsp; $55714618 | &nbsp;&nbsp; $515 | &nbsp;&nbsp; $583 | &nbsp;&nbsp; $8043340<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **Affiliated Issuers** | **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| MFS Institutional Money Market Portfolio  | &nbsp;&nbsp; $150948 | &nbsp;&nbsp; $— |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** MFS SERIES TRUST VII

- **b. Investment Company Act file number:** 811-03090

- **c. CIK number of Registrant:** 0000318874

- **d. LEI of Registrant:** TH94BZR3W0ANP6ZLMJ19

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 111 HUNTINGTON AVENUE

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

**Item A.2. Information about the Series.**

- **a. Name of Series:** MFS Equity Income Fund

- **b. EDGAR series identifier (if any):** S000038342

- **c. LEI of Series:** 5493004Z636OYQ7HNR48

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $797402158.77

**Total Liabilities:** $6473692.97

**Net Assets:** $790928465.80

**Cash Not Reported:** $5140.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000118299 | 2.37%                | -4.34%               | 8.43%                |
| Class ID C000118292 | 2.30%                | -4.46%               | 8.31%                |
| Class ID C000118291 | 2.35%                | -4.38%               | 8.39%                |
| Class ID C000118293 | 2.30%                | -4.45%               | 8.33%                |
| Class ID C000118297 | 2.34%                | -4.37%               | 8.37%                |
| Class ID C000118296 | 2.34%                | -4.42%               | 8.36%                |
| Class ID C000118295 | 2.30%                | -4.47%               | 8.35%                |
| Class ID C000118294 | 2.39%                | -4.36%               | 8.38%                |
| Class ID C000118298 | 2.35%                | -4.36%               | 8.43%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-705.78                 | $16386476.57                               |
| Month 2  | $-177150.09              | $-34705852.58                              |
| Month 3  | $5918185.94              | $54255903.18                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Equitable Holdings Inc                    | Equitable Holdings Inc                    | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    245387 | NS      | $10355331.40  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                            | Salesforce Inc                            | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     10739 | NS      | $1895755.67   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                             | Accenture PLC                             | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     21912 | NS      | $3915893.52   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                        | Union Pacific Corp                        | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     10980 | NS      | $2958890.40   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                         | Johnson & Johnson                         | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     88277 | NS      | $20290468.45  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc                  | Highwoods Properties Inc                  | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |    253823 | NS      | $6170437.13   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc           | Philip Morris International Inc           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     26271 | NS      | $4336553.97   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc     | Essential Properties Realty Trust Inc     | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    316257 | NS      | $9939957.51   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC              | British American Tobacco PLC              | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    162231 | NS      | $9526619.76   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Valero Energy Corp                        | Valero Energy Corp                        | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     34612 | NS      | $8742298.96   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                             | Amphenol Corp                             | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     20579 | NS      | $3030669.33   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                          | Wells Fargo & Co                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     61065 | NS      | $5021374.95   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                       | Northern Trust Corp                       | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     96086 | NS      | $15982945.24  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                              | WP Carey Inc                              | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |    205748 | NS      | $15005201.64  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills Inc                         | General Mills Inc                         | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     59611 | NS      | $2104864.41   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc             | Interactive Brokers Group Inc             | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     61456 | NS      | $4885752.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC           | Seagate Technology Holdings PLC           | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     18186 | NS      | $12250817.04  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                                 | PG&E Corp                                 | CUSIP: 69331CAL2<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   1678000 | PA      | $1719111.00   | 0.22%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cognizant Technology Solutions Corp       | Cognizant Technology Solutions Corp       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     61688 | NS      | $3263295.20   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                | Masco Corp                                | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |    151336 | NS      | $10868951.52  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                            | BNP Paribas SA                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     88966 | NS      | $9363220.35   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc                         | EOG Resources Inc                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     22152 | NS      | $3113906.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                   | Aramark                                   | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |    200470 | NS      | $9159474.30   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                             | Citigroup Inc                             | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    138205 | NS      | $17687475.90  | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc                               | Polaris Inc                               | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     71566 | NS      | $4742678.82   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                         | Omnicom Group Inc                         | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |    101183 | NS      | $7762759.76   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The      | PNC Financial Services Group Inc/The      | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     21888 | NS      | $4881024.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                     | General Dynamics Corp                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     10297 | NS      | $3545257.10   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                        | NextEra Energy Inc                        | CUSIP: 65339F119<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |    181893 | NS      | $9798575.91   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                 | AGCO Corp                                 | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |    130575 | NS      | $15802186.50  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                             | Medtronic PLC                             | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    114115 | NS      | $9239891.55   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                               | PepsiCo Inc                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     26573 | NS      | $4211554.77   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                              | Alphabet Inc                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     47934 | NS      | $18445003.20  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                               | Phillips 66                               | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     41812 | NS      | $7490619.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc                        | Cenovus Energy Inc                        | CUSIP: 15135U109<br>LEI: 254900LJGL2N2XEMD470 | Long             | EC               | CORP              | CA        |    203669 | NS      | $5958557.12   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp                     | Lincoln National Corp                     | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    260818 | NS      | $9861528.58   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                              | Enbridge Inc                              | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     75911 | NS      | $4210354.28   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                       | Eastman Chemical Co                       | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     38252 | NS      | $2795838.68   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                         | Lam Research Corp                         | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     67366 | NS      | $17370996.76  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                       | Leidos Holdings Inc                       | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     25069 | NS      | $3740796.18   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                      | Edison International                      | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     94128 | NS      | $6540954.72   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                          | TotalEnergies SE                          | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     58434 | NS      | $5437791.12   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc                    | TKO Group Holdings Inc                    | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24801 | NS      | $4615218.09   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan US Government Money Market Fund | JP Morgan US Government Money Market Fund | CUSIP: 4812C2270<br>LEI: 549300NQ5E5B7ZV4T516 | Long             | STIV             | RF                | US        |   5331600 | NS      | $5331600.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                         | State Street Corp                         | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     49145 | NS      | $7511321.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc                        | Albertsons Cos Inc                        | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    191167 | NS      | $3221163.95   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Finning International Inc                 | Finning International Inc                 | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |    188695 | NS      | $13819250.27  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                           | Pegasystems Inc                           | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     58571 | NS      | $2140770.05   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                            | Microsoft Corp                            | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     31210 | NS      | $12726813.80  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                                 | Gerdau SA                                 | CUSIP: 000000000<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EP               | CORP              | BR        |    595716 | NS      | $2720049.02   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                    | Trane Technologies PLC                    | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     15146 | NS      | $7460010.84   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK PLC                                   | GSK PLC                                   | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    261185 | NS      | $6863511.07   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Cigna Group/The                           | Cigna Group/The                           | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     46299 | NS      | $13453563.42  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                               | Target Corp                               | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     40936 | NS      | $5311446.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                             | Boeing Co/The                             | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |     59884 | NS      | $4323624.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                         | Brunswick Corp/DE                         | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    154939 | NS      | $12309903.55  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co              | Portland General Electric Co              | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |    315508 | NS      | $16384330.44  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TJX Cos Inc/The                           | TJX Cos Inc/The                           | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |     25707 | NS      | $4029572.25   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                            | Mastercard Inc                            | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     11159 | NS      | $5612084.28   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                               | Popular Inc                               | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    121157 | NS      | $18213531.81  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                              | Broadcom Inc                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     17056 | NS      | $7119686.08   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                      | Bank of America Corp                      | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    234295 | NS      | $12525410.70  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                              | ING Groep NV                              | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    140229 | NS      | $4067334.54   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                        | Home Depot Inc/The                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     30061 | NS      | $9884056.80   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                             | Rio Tinto PLC                             | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    136521 | NS      | $13650446.64  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                      | Jacobs Solutions Inc                      | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     23077 | NS      | $2986394.57   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                                 | PG&E Corp                                 | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |    219888 | NS      | $9248489.28   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                             | Ford Motor Co                             | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    315049 | NS      | $3805791.92   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                       | Arista Networks Inc                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     37422 | NS      | $6463153.62   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambev SA                                  | Ambev SA                                  | CUSIP: 02319V103<br>LEI: 549300TH5Q6VRP8OT012 | Long             | EC               | CORP              | BR        |   2001369 | NS      | $5843997.48   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| MFS Institutional Money Market Portfolio  | MFS Institutional Money Market Portfolio  | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | EC               | RF                | US        |   8015367 | NS      | $8016169.01   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                            | TechnipFMC PLC                            | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    217266 | NS      | $16418791.62  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                       | General Electric Co                       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     23933 | NS      | $6938894.69   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The                   | Charles Schwab Corp/The                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |     17442 | NS      | $1598384.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                         | Chord Energy Corp                         | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     21223 | NS      | $3090068.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                          | Duke Energy Corp                          | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     35761 | NS      | $4632837.55   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                        | Meta Platforms Inc                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     11340 | NS      | $6939059.40   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                | Pfizer Inc                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    703670 | NS      | $18787989.00  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                        | Voya Financial Inc                        | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    119912 | NS      | $9827987.52   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                   | Eni SpA                                   | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |    331426 | NS      | $9366270.22   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group Inc                          | Altria Group Inc                          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     84459 | NS      | $6135946.35   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                           | Caterpillar Inc                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     11971 | NS      | $10655506.81  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                              | QUALCOMM Inc                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     48216 | NS      | $8658629.28   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                  | Ameriprise Financial Inc                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     22915 | NS      | $10879812.85  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                  | KLA Corp                                  | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2366 | NS      | $4141328.10   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp/The                              | AES Corp                                  | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    178461 | NS      | $2578761.45   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The          | Hartford Insurance Group Inc/The          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     24835 | NS      | $3397676.35   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                             | McKesson Corp                             | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      9903 | NS      | $8072925.60   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc                                | Humana Inc                                | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     15975 | NS      | $3777129.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                 | Apple Inc                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     34196 | NS      | $9279084.60   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH KOREAN WON                          | SOUTH KOREAN WON                          | CUSIP: 000000000<br>LEI: N/A                  | Long             |  |  | KR        |       468 | NS      | $0.32         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     27575 | NS      | $10921354.50  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                       | Kimberly-Clark Corp                       | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     27324 | NS      | $2689501.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                                   | TPG Inc                                   | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |     54486 | NS      | $2376679.32   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                    | Cousins Properties Inc                    | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    270280 | NS      | $6921870.80   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                      | Colgate-Palmolive Co                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    124780 | NS      | $10651220.80  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                       | JPMorgan Chase & Co                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4937 | NS      | $1546416.51   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                            | Amazon.com Inc                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     52206 | NS      | $13837722.36  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                   | Bristol-Myers Squibb Co                   | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    134868 | NS      | $8171652.12   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                       | American Express Co                       | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     32134 | NS      | $10380888.70  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                            | Eaton Corp PLC                            | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     20557 | NS      | $8901386.57   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                       | Gilead Sciences Inc                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     78238 | NS      | $10236659.92  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** MFS SERIES TRUST VII

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer