MFS New Discovery Fund Class A (MNDAX)

Fund Assets	2.14B
Expense Ratio	1.21%
Min. Investment	$1,000
Turnover	68.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	31.52
YTD Return	12.47%
1-Year Return	17.47%
5-Year Return	0.54%
52-Week Low	26.25
52-Week High	33.88
Beta (5Y)	1.01
Holdings	122
Inception Date	Jan 2, 1997

About MNDAX

MFS New Discovery Fund Class A is an actively managed mutual fund focused on capital appreciation through investments in small-cap growth companies. Managed by MFS Investment Management since its inception in 1997, the fund targets businesses with significant long-term growth potential, including those that are emerging, of high quality, or operating in out-of-favor industries. Its portfolio construction emphasizes diversification across different growth stock segments, seeking opportunities where company valuations are misaligned with their underlying fundamentals and growth prospects. The fund typically invests in a diverse mix of equity securities, such as common stocks and depositary receipts, predominantly within the U.S. small-cap growth universe. It benchmarks its performance against the Russell 2000 Growth Index, reflecting its commitment to providing exposure to dynamic, fast-growing smaller companies. With nearly $2 billion in net assets as of May 2025, the MFS New Discovery Fund Class A plays a notable role for investors seeking growth in the small-cap sector through a research-driven, disciplined investment approach.

• Fund Family: MFS
• Category: Small Growth
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MNDAX
• Share Class: A
• Index: Russell 2000 Growth TR

Performance

MNDAX had a total return of 17.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.75%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FECGX	Fidelity	Fidelity Small Cap Growth Index Fund	0.05%
FCIGX	Fidelity	Fidelity Advisor Small Cap Growth I	0.92%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	0.88%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.42%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth C	1.92%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MNDKX	R6	0.85%
MNDIX	I	0.96%
MNDJX	R4	0.96%
MNDHX	R3	1.21%

Top 10 Holdings

21.50% of assets

Name	Symbol	Weight
Currency Cash CASH_USD	n/a	3.95%
Ligand Pharmaceuticals Incorporated	LGND	2.42%
Advanced Energy Industries, Inc.	AEIS	2.14%
Littelfuse, Inc.	LFUS	2.13%
CACI International Inc	CACI	2.07%
Merit Medical Systems, Inc.	MMSI	2.02%
The Chefs' Warehouse, Inc.	CHEF	2.00%
Charles River Laboratories International, Inc.	CRL	1.69%
Donaldson Company, Inc.	DCI	1.57%
Moog Inc.	MOG.A	1.51%

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 30, 2026

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