MFS® New Discovery Fund Class A (MNDAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small growth
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests the fund's assets primarily in equity securities. Equity securities include common stocks, preferred stocks, securities convertible into stocks, equity interests in real estate investment trusts (REITs), and depositary receipts for such securities.


1 month+1.55% 3 years+15.19%
3 months+10.45% 5 years+12.67%
1 year+5.47% Since inception+10.01%
Data through --

Peer Comparisonvs. Small growth

Performance 5-yr return+12.67%+15.12%
Expense ratio1.33%1.39%
Risk 5 year sharpe ratio0.760.89
Net assets$1.7B$821.3M
Average market cap$2.4B$2.9B
Average P/E28.427.7
Portfolio turnover98%98%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMFS
Fund manager & tenureMichael Grossman / 1 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


U.S. stock90.20%
International stock7.98%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Healthcare 15.52%
Industrial materials 13.11%
Consumer service 12.40%
Hardware 12.20%
Energy 7.76%
Top 10 Holdings
Portfolio weighting
BFAM Bright Horizons Family Solutions Inc2.09%
SWFT Swift Transportation Co2.00%
URBN Urban Outfitters Inc1.87%
CTRN Citi Trends Inc1.79%
IT Gartner Inc1.71%
CVT Cvent Inc1.59%
WMS Advanced Drainage Systems Inc1.48%
HCSG Healthcare Services Group Inc1.47%
AMAG AMAG Pharmaceuticals Inc1.45%
BURL Burlington Stores Inc1.45%

To view my watchlist

Not a member yet?

Sign up now for a free account

Partner Financial Offers