MFS SERIES TRUST V
NSAR-B, 1998-11-25
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<PAGE>      PAGE  1
000 B000000 09/30/98
000 C000000 0000200489
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 MFS SERIES TRUST V
001 B000000 811-2031
001 C000000 6179545000
002 A000000 500 BOYLSTON STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 MFS TOTAL RETURN FUND
007 C030100 N
007 C010200  2
007 C020200 MFS RESEARCH FUND
007 C030200 N
007 C010300  3
007 C020300 MFS INTERNATIONAL OPPORTUNITIES FUND
007 C030300 N
007 C010400  4
007 C020400 MFS INTERNATIONAL STRATEGIC GROWTH FUND
007 C030400 N
007 C010500  5
007 C020500 MFS INTERNATIONAL VALUE FUND
007 C030500 N
007 C010600  6
007 C020600 MFS ASIA PACIFIC FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 MASSACHUSETTS FINANCIAL SERVICES COMPANY
008 B00AA01 A
008 C00AA01 801-17352
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02116
010 A00AA01 MASSACHUSETTS FINANCIAL SERVICES COMPANY
<PAGE>      PAGE  2
010 B00AA01 801-17352
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
011 A00AA01 MFS FUND DISTRIBUTORS, INC.
011 B00AA01 8-27864
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
012 A00AA01 MFS SERVICE CENTER, INC.
012 B00AA01 84-1316
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02116
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   53
019 C00AA00 MASSFINSER
020 A000001 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000001 13-5674085
020 C000001   2005
020 A000002 MORGAN STANLEY AND CO INC
020 B000002 13-2655998
020 C000002   1243
020 A000003 SMITH BARNEY INC
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020 C000003    802
020 A000004 AG EDWARDS & SONS INC
020 B000004 43-0895447
020 C000004    660
020 A000005 BEAR STEARNS SECURITIES
020 B000005 00-0000000
020 C000005    613
020 A000006 HD VEST
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020 C000007    543
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<PAGE>      PAGE  3
022 C000001   2027501
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022 A000007 CARROLL MC ENTEE
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022 B000009 00-0000000
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022 B000010 13-1912900
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022 D000010    355738
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<PAGE>      PAGE  4
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054 D00AA00 N
054 E00AA00 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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SIGNATURE   JAMES O. YOST                                
TITLE       ASSISTANT TREASURER 
 


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<NAME> MFS SERIES TRUST V
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<SHARES-COMMON-STOCK>                           206690
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        16935
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<OVERDISTRIBUTION-GAINS>                      (481741)
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<NET-ASSETS>                                   1690249
<DIVIDEND-INCOME>                                31838
<INTEREST-INCOME>                                12991
<OTHER-INCOME>                                  (3051)
<EXPENSES-NET>                                 (25477)
<NET-INVESTMENT-INCOME>                          16301
<REALIZED-GAINS-CURRENT>                      (476161)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4075)
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<NUMBER-OF-SHARES-SOLD>                         213642
<NUMBER-OF-SHARES-REDEEMED>                     (7450)
<SHARES-REINVESTED>                                498
<NET-CHANGE-IN-ASSETS>                         1690249
<ACCUMULATED-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                            18922
<INTEREST-EXPENSE>                                1015
<GROSS-EXPENSE>                                  53287
<AVERAGE-NET-ASSETS>                           1950584
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                         (3.53)
<PER-SHARE-DIVIDEND>                            (0.02)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.52
<EXPENSE-RATIO>                                   1.36
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 062
   <NAME> MFS ASIA PACIFIC FUND - CLASS I
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-09-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1955141
<INVESTMENTS-AT-VALUE>                         1618521
<RECEIVABLES>                                     8918
<ASSETS-OTHER>                                      12
<OTHER-ITEMS-ASSETS>                            330048
<TOTAL-ASSETS>                                 1957499
<PAYABLE-FOR-SECURITIES>                         38030
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       229220
<TOTAL-LIABILITIES>                             267250
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       2508020
<SHARES-COMMON-STOCK>                            52399
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        16935
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                      (481741)       
<ACCUM-APPREC-OR-DEPREC>                      (352965)
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<DIVIDEND-INCOME>                                31838
<INTEREST-INCOME>                                12991
<OTHER-INCOME>                                  (3051)
<EXPENSES-NET>                                 (25477)
<NET-INVESTMENT-INCOME>                          16301
<REALIZED-GAINS-CURRENT>                      (476161)
<APPREC-INCREASE-CURRENT>                     (352965)
<NET-CHANGE-FROM-OPS>                         (812825)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (871)
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<NUMBER-OF-SHARES-SOLD>                          59916
<NUMBER-OF-SHARES-REDEEMED>                     (7623)
<SHARES-REINVESTED>                                106
<NET-CHANGE-IN-ASSETS>                         1690249
<ACCUMULATED-NII-PRIOR>                              0
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<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                            18922
<INTEREST-EXPENSE>                                1015
<GROSS-EXPENSE>                                  53287
<AVERAGE-NET-ASSETS>                           1950584
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                         (3.53)
<PER-SHARE-DIVIDEND>                            (0.02)
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<PER-SHARE-NAV-END>                               6.53
<EXPENSE-RATIO>                                   1.33
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 021
   <NAME> MFS RESEARCH FUND, CLASS A
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       4889831744
<INVESTMENTS-AT-VALUE>                      5408017117
<RECEIVABLES>                                109707634
<ASSETS-OTHER>                                   31620
<OTHER-ITEMS-ASSETS>                            200984
<TOTAL-ASSETS>                              5517957355
<PAYABLE-FOR-SECURITIES>                      62065858
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     25399694
<TOTAL-LIABILITIES>                           87465552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4688242497
<SHARES-COMMON-STOCK>                        121774044
<SHARES-COMMON-PRIOR>                         97059972
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (106481)
<ACCUMULATED-NET-GAINS>                      224168427
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     518187360
<NET-ASSETS>                                5430491803
<DIVIDEND-INCOME>                             55323440
<INTEREST-INCOME>                              7179981
<OTHER-INCOME>                               (1008102)
<EXPENSES-NET>                              (67028225)
<NET-INVESTMENT-INCOME>                      (5532906)
<REALIZED-GAINS-CURRENT>                     257290588
<APPREC-INCREASE-CURRENT>                  (379649249)
<NET-CHANGE-FROM-OPS>                      (127891567)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   (104270556)
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<NUMBER-OF-SHARES-SOLD>                       83102457
<NUMBER-OF-SHARES-REDEEMED>                 (62877919)
<SHARES-REINVESTED>                            4489534
<NET-CHANGE-IN-ASSETS>                       889304361
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    179309876
<OVERDISTRIB-NII-PRIOR>                       (990511)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18088633
<INTEREST-EXPENSE>                               78670
<GROSS-EXPENSE>                               67277049
<AVERAGE-NET-ASSETS>                        5439639870
<PER-SHARE-NAV-BEGIN>                            22.69
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                         (0.30)
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<EXPENSE-RATIO>                                   0.91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 022
   <NAME> MFS RESEARCH FUND, CLASS B
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       4889831744
<INVESTMENTS-AT-VALUE>                      5408017117
<RECEIVABLES>                                109707634
<ASSETS-OTHER>                                   31620
<OTHER-ITEMS-ASSETS>                            200984
<TOTAL-ASSETS>                              5517957355
<PAYABLE-FOR-SECURITIES>                      62065858
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     25399694
<TOTAL-LIABILITIES>                           87465552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4688242497
<SHARES-COMMON-STOCK>                        107048695
<SHARES-COMMON-PRIOR>                         83947722
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (106481)
<ACCUMULATED-NET-GAINS>                      224168427
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     518187360
<NET-ASSETS>                                5430491803
<DIVIDEND-INCOME>                             55323440
<INTEREST-INCOME>                              7179981
<OTHER-INCOME>                               (1008102)
<EXPENSES-NET>                              (67028225)
<NET-INVESTMENT-INCOME>                      (5532906)
<REALIZED-GAINS-CURRENT>                     257290588
<APPREC-INCREASE-CURRENT>                  (379649249)
<NET-CHANGE-FROM-OPS>                      (127891567)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    (78726547)
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<NUMBER-OF-SHARES-SOLD>                       39061924
<NUMBER-OF-SHARES-REDEEMED>                 (19219913)
<SHARES-REINVESTED>                            3258962
<NET-CHANGE-IN-ASSETS>                       889304361
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    179309876
<OVERDISTRIB-NII-PRIOR>                       (990511)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18088633
<INTEREST-EXPENSE>                               78670
<GROSS-EXPENSE>                               67277049
<AVERAGE-NET-ASSETS>                        5439639870
<PER-SHARE-NAV-BEGIN>                            22.16
<PER-SHARE-NII>                                 (0.10)
<PER-SHARE-GAIN-APPREC>                         (0.28)
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<PER-SHARE-DISTRIBUTIONS>                       (0.88)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.90
<EXPENSE-RATIO>                                   1.56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 023
   <NAME> MFS RESEARCH FUND, CLASS C
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       4889831744
<INVESTMENTS-AT-VALUE>                      5408017117
<RECEIVABLES>                                109707634
<ASSETS-OTHER>                                   31620
<OTHER-ITEMS-ASSETS>                            200984
<TOTAL-ASSETS>                              5517957355
<PAYABLE-FOR-SECURITIES>                      62065858
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     25399694
<TOTAL-LIABILITIES>                           87465552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4688242497
<SHARES-COMMON-STOCK>                         26942067
<SHARES-COMMON-PRIOR>                         20738347
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (106481)
<ACCUMULATED-NET-GAINS>                      224168427
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     518187360
<NET-ASSETS>                                5430491803
<DIVIDEND-INCOME>                             55323440
<INTEREST-INCOME>                              7179981
<OTHER-INCOME>                               (1008102)
<EXPENSES-NET>                              (67028225)
<NET-INVESTMENT-INCOME>                      (5532906)
<REALIZED-GAINS-CURRENT>                     257290588
<APPREC-INCREASE-CURRENT>                  (379649249)
<NET-CHANGE-FROM-OPS>                      (127891567)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    (19503877)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       11258935
<NUMBER-OF-SHARES-REDEEMED>                  (5685657)
<SHARES-REINVESTED>                             630442
<NET-CHANGE-IN-ASSETS>                       889304361
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    179309876
<OVERDISTRIB-NII-PRIOR>                       (990511)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18088633
<INTEREST-EXPENSE>                               78670
<GROSS-EXPENSE>                               67277049
<AVERAGE-NET-ASSETS>                        5439639870
<PER-SHARE-NAV-BEGIN>                            22.17
<PER-SHARE-NII>                                 (0.10)
<PER-SHARE-GAIN-APPREC>                         (0.27)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (0.88)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.92
<EXPENSE-RATIO>                                   1.56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 024
   <NAME> MFS RESEARCH FUND, CLASS I
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       4889831744
<INVESTMENTS-AT-VALUE>                      5408017117
<RECEIVABLES>                                109707634
<ASSETS-OTHER>                                   31620
<OTHER-ITEMS-ASSETS>                            200984
<TOTAL-ASSETS>                              5517957355
<PAYABLE-FOR-SECURITIES>                      62065858
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     25399694
<TOTAL-LIABILITIES>                           87465552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4688242497
<SHARES-COMMON-STOCK>                           815412
<SHARES-COMMON-PRIOR>                           852759
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (106481)
<ACCUMULATED-NET-GAINS>                      224168427
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     518187360
<NET-ASSETS>                                5430491803
<DIVIDEND-INCOME>                             55323440
<INTEREST-INCOME>                              7179981
<OTHER-INCOME>                               (1008102)
<EXPENSES-NET>                              (67028225)
<NET-INVESTMENT-INCOME>                      (5532906)
<REALIZED-GAINS-CURRENT>                     257290588
<APPREC-INCREASE-CURRENT>                  (379649249)
<NET-CHANGE-FROM-OPS>                      (127891567)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                      (848087)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         118387
<NUMBER-OF-SHARES-REDEEMED>                   (194599)
<SHARES-REINVESTED>                              38865
<NET-CHANGE-IN-ASSETS>                       889304361
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<ACCUMULATED-GAINS-PRIOR>                    179309876
<OVERDISTRIB-NII-PRIOR>                       (990511)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         18088633
<INTEREST-EXPENSE>                               78670
<GROSS-EXPENSE>                               67277049
<AVERAGE-NET-ASSETS>                        5439639870
<PER-SHARE-NAV-BEGIN>                            22.75
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                         (0.31)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (1.05)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.52
<EXPENSE-RATIO>                                   0.56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 041
   <NAME> MFS INTERNATIONAL STRATEGIC GROWTH FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR            
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-09-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1008345
<INVESTMENTS-AT-VALUE>                          956520
<RECEIVABLES>                                     9039
<ASSETS-OTHER>                                    3012
<OTHER-ITEMS-ASSETS>                              5466
<TOTAL-ASSETS>                                  974037
<PAYABLE-FOR-SECURITIES>                          7657
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          660
<TOTAL-LIABILITIES>                               8317
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984942
<SHARES-COMMON-STOCK>                             9282
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         1788
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          31247
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (52257)
<NET-ASSETS>                                    965720
<DIVIDEND-INCOME>                                22285
<INTEREST-INCOME>                                 4758
<OTHER-INCOME>                                  (2698)
<EXPENSES-NET>                                 (19452)
<NET-INVESTMENT-INCOME>                           4893
<REALIZED-GAINS-CURRENT>                         28142
<APPREC-INCREASE-CURRENT>                      (52257)
<NET-CHANGE-FROM-OPS>                          (19222)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          38708
<NUMBER-OF-SHARES-REDEEMED>                    (29426)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          965720
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            10774
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  38974
<AVERAGE-NET-ASSETS>                           1139127
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                         (0.36)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.68
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 042
   <NAME> MFS INTERNATIONAL STRATEGIC GROWTH FUND CLASS I
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-09-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1008345
<INVESTMENTS-AT-VALUE>                          956520
<RECEIVABLES>                                     9039
<ASSETS-OTHER>                                    3012
<OTHER-ITEMS-ASSETS>                              5466
<TOTAL-ASSETS>                                  974037
<PAYABLE-FOR-SECURITIES>                          7657
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          660
<TOTAL-LIABILITIES>                               8317
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        984942
<SHARES-COMMON-STOCK>                            90307
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         1788
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          31247
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (52257)
<NET-ASSETS>                                    965720
<DIVIDEND-INCOME>                                22285
<INTEREST-INCOME>                                 4758
<OTHER-INCOME>                                  (2698)
<EXPENSES-NET>                                 (19452)
<NET-INVESTMENT-INCOME>                           4893
<REALIZED-GAINS-CURRENT>                         28142
<APPREC-INCREASE-CURRENT>                      (52257)
<NET-CHANGE-FROM-OPS>                          (19222)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          92832
<NUMBER-OF-SHARES-REDEEMED>                     (2525)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          965720
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            10774
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  38974
<AVERAGE-NET-ASSETS>                           1139127
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                         (0.35)
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.70
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 031
   <NAME> MFS INTERNATIONAL OPPORTUNITIES FUND CLASS A
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1328459
<INVESTMENTS-AT-VALUE>                         1216880
<RECEIVABLES>                                    55213
<ASSETS-OTHER>                                   11324
<OTHER-ITEMS-ASSETS>                              1906
<TOTAL-ASSETS>                                 1285323
<PAYABLE-FOR-SECURITIES>                         18882
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1167
<TOTAL-LIABILITIES>                              20049
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1390147
<SHARES-COMMON-STOCK>                            60806
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         4167
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       (16602)
<ACCUM-APPREC-OR-DEPREC>                      (112438)
<NET-ASSETS>                                   1265274
<DIVIDEND-INCOME>                                25775
<INTEREST-INCOME>                                 6515
<OTHER-INCOME>                                  (2782)
<EXPENSES-NET>                                 (22025)
<NET-INVESTMENT-INCOME>                           7483
<REALIZED-GAINS-CURRENT>                       (19918)
<APPREC-INCREASE-CURRENT>                     (112438)
<NET-CHANGE-FROM-OPS>                         (124873)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          75967
<NUMBER-OF-SHARES-REDEEMED>                    (15161)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         1265274
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12280
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  42427
<AVERAGE-NET-ASSETS>                           1298403
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .06
<PER-SHARE-GAIN-APPREC>                         (0.64)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.42
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 032
   <NAME> MFS INTERNATIONAL OPPORTUNITIES FUND CLASS I
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1328459
<INVESTMENTS-AT-VALUE>                         1216880
<RECEIVABLES>                                    55213
<ASSETS-OTHER>                                   11324
<OTHER-ITEMS-ASSETS>                              1906
<TOTAL-ASSETS>                                 1285323
<PAYABLE-FOR-SECURITIES>                         18882
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1167
<TOTAL-LIABILITIES>                              20049
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1390147
<SHARES-COMMON-STOCK>                            73457
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         4167
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       (16602)
<ACCUM-APPREC-OR-DEPREC>                      (112438)
<NET-ASSETS>                                   1265274
<DIVIDEND-INCOME>                                25775
<INTEREST-INCOME>                                 6515
<OTHER-INCOME>                                  (2782)
<EXPENSES-NET>                                 (22025)
<NET-INVESTMENT-INCOME>                           7483
<REALIZED-GAINS-CURRENT>                       (19918)
<APPREC-INCREASE-CURRENT>                     (112438)
<NET-CHANGE-FROM-OPS>                         (124873)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          73457
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         1265274
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12280
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  42427
<AVERAGE-NET-ASSETS>                           1298403
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .07
<PER-SHARE-GAIN-APPREC>                         (0.65)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.42
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 051
   <NAME> MFS INTERNATIONAL VALUE FUND - CLASS A
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-10-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1063395           
<INVESTMENTS-AT-VALUE>                         1089844
<RECEIVABLES>                                    19167     
<ASSETS-OTHER>                                       0 
<OTHER-ITEMS-ASSETS>                              5379                    
<TOTAL-ASSETS>                                 1114390  
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           47   
<TOTAL-LIABILITIES>                                 47
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1068446     
<SHARES-COMMON-STOCK>                            95755
<SHARES-COMMON-PRIOR>                                0     
<ACCUMULATED-NII-CURRENT>                        10713
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8745
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         26439
<NET-ASSETS>                                   1114343 
<DIVIDEND-INCOME>                                 6991
<INTEREST-INCOME>                                23215
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (19313)
<NET-INVESTMENT-INCOME>                          10893
<REALIZED-GAINS-CURRENT>                          8517         
<APPREC-INCREASE-CURRENT>                        26439
<NET-CHANGE-FROM-OPS>                            45849
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          96025     
<NUMBER-OF-SHARES-REDEEMED>                      (270)    
<SHARES-REINVESTED>                                  0 
<NET-CHANGE-IN-ASSETS>                         1114343
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0                   
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0 
<GROSS-ADVISORY-FEES>                            10778 
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  42903
<AVERAGE-NET-ASSETS>                           1137701                     
<PER-SHARE-NAV-BEGIN>                            10.00  
<PER-SHARE-NII>                                    .10                                  
<PER-SHARE-GAIN-APPREC>                            .36                           
<PER-SHARE-DIVIDEND>                               .00
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.46                     
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                              0
<AVG-DEBT-PER-SHARE>                                0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 052
   <NAME> MFS INTERNATIONAL VALUE FUND - CLASS I
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-10-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                          1063395           
<INVESTMENTS-AT-VALUE>                         1089844
<RECEIVABLES>                                    19167     
<ASSETS-OTHER>                                       0 
<OTHER-ITEMS-ASSETS>                              5379                    
<TOTAL-ASSETS>                                 1114390  
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           47   
<TOTAL-LIABILITIES>                                 47
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1068446     
<SHARES-COMMON-STOCK>                            10745
<SHARES-COMMON-PRIOR>                                0     
<ACCUMULATED-NII-CURRENT>                        10713
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8745
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         26439
<NET-ASSETS>                                   1114343 
<DIVIDEND-INCOME>                                 6991
<INTEREST-INCOME>                                23215
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (19313)
<NET-INVESTMENT-INCOME>                          10893
<REALIZED-GAINS-CURRENT>                          8517         
<APPREC-INCREASE-CURRENT>                        26439
<NET-CHANGE-FROM-OPS>                            45849
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10745      
<NUMBER-OF-SHARES-REDEEMED>                          0    
<SHARES-REINVESTED>                                  0 
<NET-CHANGE-IN-ASSETS>                         1114343
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0                   
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0 
<GROSS-ADVISORY-FEES>                            10778 
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  42903
<AVERAGE-NET-ASSETS>                           1137701                     
<PER-SHARE-NAV-BEGIN>                            10.00  
<PER-SHARE-NII>                                    .11                                  
<PER-SHARE-GAIN-APPREC>                            .36                           
<PER-SHARE-DIVIDEND>                               .00
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47                     
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 011
   <NAME> MFS TOTAL RETURN FUND CLASS A
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       5451522879
<INVESTMENTS-AT-VALUE>                      5767376089
<RECEIVABLES>                                170959871
<ASSETS-OTHER>                                   56031
<OTHER-ITEMS-ASSETS>                           2471558
<TOTAL-ASSETS>                              5940863549
<PAYABLE-FOR-SECURITIES>                      82294802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     19129023
<TOTAL-LIABILITIES>                          101423825
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4776117743
<SHARES-COMMON-STOCK>                        218137383
<SHARES-COMMON-PRIOR>                        189050501
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (5960193)
<ACCUMULATED-NET-GAINS>                      753458252
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     315823922
<NET-ASSETS>                                5839439724
<DIVIDEND-INCOME>                             76150741
<INTEREST-INCOME>                            166982484
<OTHER-INCOME>                                (882584)
<EXPENSES-NET>                              (63446066)
<NET-INVESTMENT-INCOME>                      178804575
<REALIZED-GAINS-CURRENT>                     796253668
<APPREC-INCREASE-CURRENT>                  (634130999)
<NET-CHANGE-FROM-OPS>                        340927244
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (124362254)
<DISTRIBUTIONS-OF-GAINS>                   (261131649)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       55504066
<NUMBER-OF-SHARES-REDEEMED>                 (47976585)
<SHARES-REINVESTED>                           21559401
<NET-CHANGE-IN-ASSETS>                       726826055
<ACCUMULATED-NII-PRIOR>                        5114906
<ACCUMULATED-GAINS-PRIOR>                    376352403
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         19252268
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               64262950
<AVERAGE-NET-ASSETS>                        5593332928
<PER-SHARE-NAV-BEGIN>                            16.92
<PER-SHARE-NII>                                   0.57
<PER-SHARE-GAIN-APPREC>                           0.53
<PER-SHARE-DIVIDEND>                            (0.59)
<PER-SHARE-DISTRIBUTIONS>                       (1.37)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.06
<EXPENSE-RATIO>                                   0.90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 012
   <NAME> MFS TOTAL RETURN FUND CLASS B
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       5451522879
<INVESTMENTS-AT-VALUE>                      5767376089
<RECEIVABLES>                                170959871
<ASSETS-OTHER>                                   56031
<OTHER-ITEMS-ASSETS>                           2471558
<TOTAL-ASSETS>                              5940863549
<PAYABLE-FOR-SECURITIES>                      82294802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     19129023
<TOTAL-LIABILITIES>                          101423825
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4776117743
<SHARES-COMMON-STOCK>                        123572332
<SHARES-COMMON-PRIOR>                        100913755
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (5960193)
<ACCUMULATED-NET-GAINS>                      753458252
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     315823922
<NET-ASSETS>                                5839439724
<DIVIDEND-INCOME>                             76150741
<INTEREST-INCOME>                            166982484
<OTHER-INCOME>                                (882584)
<EXPENSES-NET>                              (63446066)
<NET-INVESTMENT-INCOME>                      178804575
<REALIZED-GAINS-CURRENT>                     796253668
<APPREC-INCREASE-CURRENT>                  (634130999)
<NET-CHANGE-FROM-OPS>                        340927244
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (55518030)
<DISTRIBUTIONS-OF-GAINS>                   (141020364)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       30797677
<NUMBER-OF-SHARES-REDEEMED>                 (19450599)
<SHARES-REINVESTED>                           11311499
<NET-CHANGE-IN-ASSETS>                       726826055
<ACCUMULATED-NII-PRIOR>                        5114906
<ACCUMULATED-GAINS-PRIOR>                    376352403
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         19252268
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               64262950
<AVERAGE-NET-ASSETS>                        5593332928
<PER-SHARE-NAV-BEGIN>                            16.92
<PER-SHARE-NII>                                   0.46
<PER-SHARE-GAIN-APPREC>                           0.53
<PER-SHARE-DIVIDEND>                            (0.49)
<PER-SHARE-DISTRIBUTIONS>                       (1.37)
<RETURNS-OF-CAPITAL>                		     0
<PER-SHARE-NAV-END>                              16.05
<EXPENSE-RATIO>                                   1.55
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 013
   <NAME> MFS TOTAL RETURN FUND CLASS C
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       5451522879
<INVESTMENTS-AT-VALUE>                      5767376089
<RECEIVABLES>                                170959871
<ASSETS-OTHER>                                   56031
<OTHER-ITEMS-ASSETS>                           2471558
<TOTAL-ASSETS>                              5940863549
<PAYABLE-FOR-SECURITIES>                      82294802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     19129023
<TOTAL-LIABILITIES>                          101423825
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4776117743
<SHARES-COMMON-STOCK>                         20850631
<SHARES-COMMON-PRIOR>                         11222686
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (5960193)
<ACCUMULATED-NET-GAINS>                      753458252
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     315823922
<NET-ASSETS>                                5839439724
<DIVIDEND-INCOME>                             76150741
<INTEREST-INCOME>                            166982484
<OTHER-INCOME>                                (882584)
<EXPENSES-NET>                              (63446066)
<NET-INVESTMENT-INCOME>                      178804575
<REALIZED-GAINS-CURRENT>                     796253668
<APPREC-INCREASE-CURRENT>                  (634130999)
<NET-CHANGE-FROM-OPS>                        340927244
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (7674565)
<DISTRIBUTIONS-OF-GAINS>                    (16513122)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       10590618
<NUMBER-OF-SHARES-REDEEMED>                  (2309571)
<SHARES-REINVESTED>                            1346898
<NET-CHANGE-IN-ASSETS>                       726826055
<ACCUMULATED-NII-PRIOR>                        5114906
<ACCUMULATED-GAINS-PRIOR>                    376352403
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         19252268
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               64262950
<AVERAGE-NET-ASSETS>                        5593332928
<PER-SHARE-NAV-BEGIN>                            16.96
<PER-SHARE-NII>                                   0.46
<PER-SHARE-GAIN-APPREC>                           0.53
<PER-SHARE-DIVIDEND>                            (0.48)
<PER-SHARE-DISTRIBUTIONS>                       (1.37)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.10
<EXPENSE-RATIO>                                   1.55
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000200489
<NAME> MFS SERIES TRUST V
<SERIES>
   <NUMBER> 014
   <NAME> MFS TOTAL RETURN FUND CLASS I
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       5451522879
<INVESTMENTS-AT-VALUE>                      5767376089
<RECEIVABLES>                                170959871
<ASSETS-OTHER>                                   56031
<OTHER-ITEMS-ASSETS>                           2471558
<TOTAL-ASSETS>                              5940863549
<PAYABLE-FOR-SECURITIES>                      82294802
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     19129023
<TOTAL-LIABILITIES>                          101423825
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    4776117743
<SHARES-COMMON-STOCK>                          1078479
<SHARES-COMMON-PRIOR>                           967229
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (5960193)
<ACCUMULATED-NET-GAINS>                      753458252
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     315823922
<NET-ASSETS>                                5839439724
<DIVIDEND-INCOME>                             76150741
<INTEREST-INCOME>                            166982484
<OTHER-INCOME>                                (882584)
<EXPENSES-NET>                              (63446066)
<NET-INVESTMENT-INCOME>                      178804575
<REALIZED-GAINS-CURRENT>                     796253668
<APPREC-INCREASE-CURRENT>                  (634130999)
<NET-CHANGE-FROM-OPS>                        340927244
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (698425)
<DISTRIBUTIONS-OF-GAINS>                     (1386719)
<DISTRIBUTIONS-OTHER>                                0
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