MFS Global New Discovery Fund Class R3 (GLNLX)
| Fund Assets | 73.67M |
| Expense Ratio | 1.35% |
| Min. Investment | $0.00 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.35% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 24.54 |
| YTD Return | 9.84% |
| 1-Year Return | 10.77% |
| 5-Year Return | 36.89% |
| 52-Week Low | 19.84 |
| 52-Week High | 24.54 |
| Beta (5Y) | n/a |
| Holdings | 110 |
| Inception Date | Dec 16, 2011 |
About GLNLX
The MFS Global New Discovery Fund Class R3 is a mutual fund designed to pursue capital appreciation by investing primarily in equity securities of small- and mid-cap companies around the world. Its strategy focuses on identifying businesses that consistently deliver above-average earnings growth and sustain high returns on capital over time. The fund takes a global approach, allocating assets across both U.S. and international markets, including exposure to emerging markets, to capture diverse growth opportunities. With an emphasis on rigorous research and fundamental analysis, the MFS Global New Discovery Fund Class R3 seeks to uncover innovative or rapidly developing firms that are poised for expansion. The fund is particularly significant for investors interested in gaining access to the long-term growth potential of smaller companies on a worldwide scale. As a Class R3 mutual fund, it offers certain benefits such as no initial sales charge and a moderate annual distribution fee, making it accessible to eligible retirement and institutional investors.
Performance
GLNLX had a total return of 10.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.64%.
Top 10 Holdings
20.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 2.92% |
| Euronext N.V. | ENX | 2.17% |
| AUB Group Limited | AUB | 2.15% |
| GFL Environmental Inc. | GFL | 2.15% |
| STERIS plc | STE | 2.01% |
| RB Global, Inc. | RBA | 1.85% |
| US Foods Holding Corp. | USFD | 1.83% |
| Scout24 SE | G24 | 1.72% |
| OBIC Co.,Ltd. | 4684 | 1.69% |
| RENK Group AG | R3NK | 1.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.08609 | Dec 20, 2024 |
| Dec 7, 2021 | $1.58477 | Dec 8, 2021 |
| Dec 8, 2020 | $0.90625 | Dec 9, 2020 |
| Dec 10, 2019 | $0.58359 | Dec 10, 2019 |
| Dec 11, 2018 | $1.897 | Dec 11, 2018 |
| Dec 12, 2017 | $0.57938 | Dec 12, 2017 |