MFS International New Discovery R3 (MIDHX)
| Fund Assets | 6.73B |
| Expense Ratio | 1.30% |
| Min. Investment | $0.00 |
| Turnover | 15.00% |
| Dividend (ttm) | 2.15 |
| Dividend Yield | 6.49% |
| Dividend Growth | 78.78% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 33.09 |
| YTD Return | 17.35% |
| 1-Year Return | 13.86% |
| 5-Year Return | 28.08% |
| 52-Week Low | 26.72 |
| 52-Week High | 33.82 |
| Beta (5Y) | n/a |
| Holdings | 350 |
| Inception Date | Apr 1, 2005 |
About MIDHX
The MFS International New Discovery Fund Class R3 is an international equity mutual fund designed to pursue capital appreciation by investing primarily in small- and mid-cap companies outside the United States. The fund targets foreign equity securities, including those from emerging markets, focusing on businesses with strong fundamentals, durable competitive advantages, and the potential for above-average, long-term growth. Emphasizing high-quality management teams and growth prospects, the fund seeks to identify companies that can compound value over extended periods. It benchmarks its performance against the MSCI All Country World (ex-US) Small Mid Cap Index, offering exposure to a broad and diversified set of non-U.S. industries and regions. Notably, Class R3 shares feature no front-end sales charge and a modest Rule 12b-1 fee, making them accessible to eligible retirement and institutional investors. Launched in 1997, the fund is managed by MFS, a firm with a substantial presence in global asset management, and plays a distinct role for investors looking to diversify equity holdings internationally with a focus on smaller, growth-oriented companies.
Performance
MIDHX had a total return of 13.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.51%.
Top 10 Holdings
13.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 3.32% |
| Dollarama Inc. | DOL | 1.78% |
| OBIC Co.,Ltd. | 4684 | 1.57% |
| Agnico Eagle Mines Limited | AEM | 1.20% |
| Symrise AG | SY1 | 1.13% |
| NS Solutions Corporation | 2327 | 1.01% |
| GEA Group Aktiengesellschaft | G1A | 0.94% |
| Cellnex Telecom, S.A. | CLNX | 0.93% |
| Cranswick plc | CWK | 0.84% |
| AUB Group Limited | AUB | 0.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $2.14793 | Dec 11, 2024 |
| Dec 19, 2023 | $1.20141 | Dec 20, 2023 |
| Dec 6, 2022 | $1.58082 | Dec 7, 2022 |
| Dec 7, 2021 | $1.83221 | Dec 8, 2021 |
| Dec 8, 2020 | $1.40151 | Dec 9, 2020 |
| Dec 10, 2019 | $0.87939 | Dec 10, 2019 |