MFS New Discovery R1 (MNDGX)

Fund Assets	2.09B
Expense Ratio	1.96%
Min. Investment	$0.00
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	18.92
YTD Return	16.36%
1-Year Return	20.66%
5-Year Return	-0.58%
52-Week Low	15.26
52-Week High	19.59
Beta (5Y)	1.17
Holdings	120
Inception Date	Apr 1, 2005

About MNDGX

MFS New Discovery Fund Class R1 is a U.S.-domiciled mutual fund focused on achieving capital appreciation by investing primarily in equity securities of small-cap growth companies. The fund employs a differentiated portfolio construction strategy, allocating assets across three types of growth stocks: emerging growth names, high-quality durable businesses, and companies in out-of-favor industries. This approach aims to provide diversification and capture promising opportunities among small companies with significant growth potential, some of which may evolve into major enterprises over time. The fund tracks its performance against the Russell 2000 Growth Index, reflecting its emphasis within the U.S. small-cap growth segment. Established in 1997, MFS New Discovery Fund Class R1 is structured for eligible investors seeking exposure to dynamic, early-stage businesses. The Class R1 shares feature no initial sales charge and carry an annual Rule 12b-1 fee, enabling cost-efficient access for participants in applicable retirement or benefit plans. With a long-term track record and systematic investment process, the fund serves as a specialized vehicle for those interested in the growth prospects of smaller U.S. companies within the broader equity market.

• Fund Family: MFS
• Category: Small Growth
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MNDGX
• Share Class: R1
• Index: Russell 2000 Growth TR

Performance

MNDGX had a total return of 20.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.52%.

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

22.88% of assets

Name	Symbol	Weight
Currency Cash CASH_USD	n/a	4.90%
Advanced Energy Industries, Inc.	AEIS	2.61%
Ligand Pharmaceuticals Incorporated	LGND	2.51%
Element Solutions Inc	ESI	2.24%
Littelfuse, Inc.	LFUS	2.06%
Charles River Laboratories International, Inc.	CRL	1.90%
CACI International Inc	CACI	1.82%
FormFactor, Inc.	FORM	1.65%
The Chefs' Warehouse, Inc.	CHEF	1.64%
Merit Medical Systems, Inc.	MMSI	1.55%

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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