MFS® New Discovery Fund Class A (MNDAX)

25.37
Net Asset Value
+0.79%
1 Day
-5.76%
Year-to-Date
Overall Morningstar Rating
Small growth
Style or Category
5.75
Sales Expenses
1.35%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests the assets primarily in equity securities. It focuses on investing the fund's assets in the stocks of companies the adviser believes to have above average earnings growth potential compared to other companies (growth companies). The fund may invest in companies of any size, while generally focusing on companies with small capitalizations. It may invest the fund's assets in foreign securities.

Performance

1 month-4.37% 3 years+9.59%
3 months-4.26% 5 years+23.74%
1 year+23.78% Since inception+10.57%
Data through --

Peer Comparisonvs. Small growth

 MNDAXCategory
Performance 5-yr return+23.74%+24.46%
Expense ratio1.35%1.44%
Risk 5 year sharpe ratio1.341.28
Net assets$2.2B$872.8M
Average market cap$2.1B$2.8B
Average P/E26.028.0
Portfolio turnover96%96%

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Fund Management and Purchase Info

Fund familyMFS
Fund manager & tenureThomas Wetherald / 9 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock80.89%
International stock18.68%
Cash0.43%
Fixed income0.00%
Other0.00%
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
CNX Consol Energy Inc2.22%
JOY Joy Global, Inc.2.01%
SLAB Silicon Laboratories, Inc.2.00%
ATW Atwood Oceanics, Inc.1.97%
DSX Diana Shipping, Inc.1.93%
IPGP IPG Photonics Corporation1.84%
ALSN Allison Transmission Holdings Inc1.67%
CTCT Constant Contact, Inc.1.66%
QLIK Qlik Technologies, Inc.1.60%
COG Cabot Oil & Gas Corporation Class A1.57%

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