MFS New Discovery R4 (MNDJX)
| Fund Assets | 2.22B |
| Expense Ratio | 0.96% |
| 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 | 35.11 |
| YTD Return | 11.21% |
| 1-Year Return | 17.57% |
| 5-Year Return | 0.76% |
| 52-Week Low | 28.61 |
| 52-Week High | 36.73 |
| Beta (5Y) | 1.17 |
| Holdings | 120 |
| Inception Date | Apr 1, 2005 |
About MNDJX
The MFS New Discovery Fund is a mutual fund designed to achieve capital appreciation by investing primarily in equity securities of small-cap growth companies. Its investment strategy focuses on identifying companies with significant growth potential across various market environments. The fund diversifies its portfolio across emerging, high-quality durable, and out-of-favor industry companies, aiming to capitalize on misaligned valuations and growth potential. It is benchmarked against the Russell 2000 Growth Index, which measures U.S. small-cap growth stocks. This fund plays a crucial role in the financial market by providing investors with exposure to small-cap growth opportunities, which can be volatile but offer potential for substantial returns over the long term.
Performance
MNDJX had a total return of 17.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.25%.
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% |