<PAGE> PAGE 1
000 A000000 04/30/95
000 C000000 856128
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 SPECIAL VALUE TRUST
001 B000000 811-5912
001 C000000 6179545000
002 A000000 500 BOYLSTON STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 MASSACHUSETTS FINANCIAL SERVICES COMPANY
008 B000001 A
008 C000001 801-17352
008 D010001 BOSTON
008 D020001 MA
008 D030001 02116
012 A000001 STATE STREET BANK & TRUST COMPANY
012 B000001 85-5003
012 C010001 BOSTON
012 C020001 MA
012 C030001 02110
013 A000001 ERNST & YOUNG
013 B010001 BOSTON
013 B020001 MA
013 B030001 02116
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
<PAGE> PAGE 2
015 C030001 02110
015 E010001 X
015 A000002 CHASE MANHATTAN BANK, N.A.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10081
015 E040002 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001 6
020 A000002 WEEDEN & COMPANY
020 B000002 04-2579802
020 C000002 5
020 A000003 PERSHING & CO.
020 B000003 13-2741729
020 C000003 5
020 A000004 FSC SECURITIES
020 B000004 58-1288674
020 C000004 5
020 A000005 INSTINET CORP.
020 B000005 13-3443395
020 C000005 4
020 A000006 JEFFRIES & COMPANY
020 B000006 95-2622900
020 C000006 4
020 A000007 MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 4
020 A000008 MERRILL LYNCH & CO.
020 B000008 13-5674085
020 C000008 3
020 A000009 FIRST MARATHON SECURITIES LTD.
020 B000009 00-0000000
020 C000009 3
020 A000010 COWEN & COMPANY
020 B000010 13-5616116
020 C000010 3
021 000000 76
022 A000001 LEHMAN BROTHERS
022 B000001 13-2518466
022 C000001 365144
022 D000001 1521
022 A000002 PRUDENTIAL SECURITIES
022 B000002 22-2347336
022 C000002 174295
022 D000002 269
022 A000003 J.P. MORGAN SECURITIES
<PAGE> PAGE 3
022 B000003 13-3224016
022 C000003 86700
022 D000003 0
022 A000004 DONALDSON LUFKIN SECURITIES
022 B000004 13-2741729
022 C000004 925
022 D000004 2877
022 A000005 SALOMON BROTHERS INC.
022 B000005 13-3082694
022 C000005 2019
022 D000005 549
022 A000006 MERRILL LYNCH & CO.
022 B000006 13-5674082
022 C000006 1028
022 D000006 1457
022 A000007 CS FIRST BOSTON
022 B000007 13-5659485
022 C000007 983
022 D000007 1402
022 A000008 MORGAN STANLEY & CO.
022 B000008 13+2655998
022 C000008 211
022 D000008 1918
022 A000009 GRANTCHESTER SECURITIES
022 B000009 13-3502273
022 C000009 941
022 D000009 1034
022 A000010 BEAR STEARNS & CO.
022 B000010 13-4946705
022 C000010 1172
022 D000010 233
023 C000000 637851
023 D000000 15354
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
<PAGE> PAGE 4
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 Y
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
<PAGE> PAGE 5
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 Y
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
<PAGE> PAGE 6
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 31025
071 B000000 36239
071 C000000 69485
071 D000000 45
072 A000000 6
072 B000000 872
072 C000000 256
072 D000000 0
072 E000000 0
072 F000000 285
072 G000000 0
072 H000000 0
072 I000000 15
072 J000000 1
072 K000000 4
072 L000000 13
072 M000000 47
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 27
072 S000000 14
072 T000000 0
072 U000000 2
072 V000000 0
072 W000000 64
072 X000000 471
072 Y000000 0
072 Z000000 657
072AA000000 2856
072BB000000 0
072CC010000 0
072CC020000 2273
072DD010000 657
072DD020000 0
072EE000000 0
073 A010000 0.1100
073 A020000 0.0000
073 B000000 0.0000
<PAGE> PAGE 7
073 C000000 0.7200
074 A000000 0
074 B000000 3752
074 C000000 0
074 D000000 13042
074 E000000 1384
074 F000000 56159
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 2801
074 K000000 0
074 L000000 245
074 M000000 1
074 N000000 77384
074 O000000 244
074 P000000 7
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 186
074 S000000 0
074 T000000 76947
074 U010000 6017
074 U020000 0
074 V010000 12.79
074 V020000 0.00
074 W000000 0.0000
074 X000000 1404
074 Y000000 0
075 A000000 0
075 B000000 74663
076 000000 14.88
077 A000000 N
078 000000 N
080 A000000 NATIONAL UNION INSURANCE CO.
080 B000000 ICI MUTUAL
080 C000000 60000
081 A000000 Y
081 B000000 75
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 49
086 A020000 681
<PAGE> PAGE 8
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 MFS SPECIAL VALUE TRUST
087 A020000 55274E102
087 A030000 MFV
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE JAMES O. YOST
TITLE ASSISTANT TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE FINANCIAL STATEMENTS OF MFS SPECIAL VALUE TRUST FOR THE
PERIOD ENDED APRIL 30, 1995, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<NAME> MFS SPECIAL VALUE TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> APR-30-1995
<INVESTMENTS-AT-COST> 71,346,398
<INVESTMENTS-AT-VALUE> 74,336,406
<RECEIVABLES> 3,046,146
<ASSETS-OTHER> 1,163
<OTHER-ITEMS-ASSETS> 156
<TOTAL-ASSETS> 77,383,871
<PAYABLE-FOR-SECURITIES> 243,333
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193,042
<TOTAL-LIABILITIES> 436,375
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76,976,412
<SHARES-COMMON-STOCK> 6,017,214
<SHARES-COMMON-PRIOR> 5,967,746
<ACCUMULATED-NII-CURRENT> (5,839,942)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,821,018
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,990,008
<NET-ASSETS> 76,947,496
<DIVIDEND-INCOME> 256,275
<INTEREST-INCOME> 871,782
<OTHER-INCOME> 0
<EXPENSES-NET> 471,432
<NET-INVESTMENT-INCOME> 656,625
<REALIZED-GAINS-CURRENT> 2,856,519
<APPREC-INCREASE-CURRENT> (2,272,631)
<NET-CHANGE-FROM-OPS> 1,240,513
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (656,625)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (4,296,183)
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 49,468
<NET-CHANGE-IN-ASSETS> (3,031,398)
<ACCUMULATED-NII-PRIOR> (1,543,759)
<ACCUMULATED-GAINS-PRIOR> (35,801)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 285,387
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 471,432
<AVERAGE-NET-ASSETS> 74,662,849
<PER-SHARE-NAV-BEGIN> 13.40
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 0.11
<PER-SHARE-DIVIDEND> (0.11)
<PER-SHARE-DISTRIBUTIONS> (0.72)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.79
<EXPENSE-RATIO> 1.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
