MFS New Discovery R1 (MNDGX)
| Fund Assets | 2.22B |
| 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 | 18.46 |
| YTD Return | 13.53% |
| 1-Year Return | 22.09% |
| 5-Year Return | -1.83% |
| 52-Week Low | 14.87 |
| 52-Week High | 18.91 |
| 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.
Performance
MNDGX had a total return of 22.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
21.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 3.88% |
| Advanced Energy Industries, Inc. | AEIS | 2.35% |
| Littelfuse, Inc. | LFUS | 2.19% |
| TTM Technologies, Inc. | TTMI | 1.99% |
| Element Solutions Inc | ESI | 1.93% |
| Ligand Pharmaceuticals Incorporated | LGND | 1.91% |
| CACI International Inc | CACI | 1.87% |
| Leonardo DRS, Inc. | DRS | 1.77% |
| Bloom Energy Corporation | BE | 1.67% |
| Bio-Techne Corporation | TECH | 1.64% |