MFS New Discovery R2 (MNDRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

26.26

-0.43 (-1.61%)

At close: Oct 14, 2026

Fund Assets	2.05B
Expense Ratio	1.488%
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	26.69
YTD Return	8.16%
1-Year Return	12.80%
5-Year Return	-3.86%
52-Week Low	22.78
52-Week High	29.35
Beta (5Y)	1.17
Holdings	119
Inception Date	Oct 31, 2003

About MNDRX

MFS New Discovery Fund Class R2 is a mutual fund designed to seek capital appreciation through a focus on U.S. small-cap growth companies. The fund employs a distinct portfolio construction strategy, diversifying across three categories of growth stocks: emerging businesses, high-quality durable enterprises, and companies within industries currently out of favor. Its objective is to invest in smaller companies with significant growth potential—specifically, those poised to become major enterprises or where market valuations do not fully reflect their underlying fundamentals and future prospects. The fund’s benchmark is the Russell 2000 Growth Index, which tracks the performance of U.S. small-cap growth stocks. Established in 1997 and with Class R2 shares introduced in 2003, this fund is notable for its consistent focus on identifying investment opportunities across varied market environments, providing exposure to the dynamic small-cap segment that can drive innovation and growth in the broader financial markets.

Fund Family MFS

Category Small Growth

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol MNDRX

Share Class R2

Index Russell 2000 Growth TR

Performance

MNDRX had a total return of 12.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.81%.

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	0.88%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	0.87%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.44%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth C	1.86%

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

21.46% of assets

Name	Symbol	Weight
Currency Cash CASH_USD	n/a	4.10%
CACI International Inc	CACI	2.53%
Ligand Pharmaceuticals Incorporated	LGND	2.33%
Merit Medical Systems, Inc.	MMSI	2.10%
Charles River Laboratories International, Inc.	CRL	1.96%
The Chefs' Warehouse, Inc.	CHEF	1.90%
Waystar Holding Corp.	WAY	1.64%
Moog Inc.	MOG.A	1.64%
Advanced Energy Industries, Inc.	AEIS	1.63%
SSR Mining Inc.	SSRM	1.62%

View More Holdings