MFS New Discovery Value Fund Class A (NDVAX)
| Fund Assets | 2.77B |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.63 |
| Dividend Yield | 9.22% |
| Dividend Growth | 82.94% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 16.90 |
| YTD Return | -7.55% |
| 1-Year Return | -3.15% |
| 5-Year Return | 73.29% |
| 52-Week Low | 14.63 |
| 52-Week High | 20.75 |
| Beta (5Y) | 0.99 |
| Holdings | 125 |
| Inception Date | May 26, 2011 |
About NDVAX
MFS New Discovery Value Fund Class A is a mutual fund focused on achieving capital appreciation by investing primarily in small-cap U.S. companies considered undervalued relative to their perceived worth. The fund takes an active management approach, targeting businesses with strong balance sheets, resilient business models, and prudent capital deployment, as well as opportunistic investments in companies with potential for improvement or those overlooked by the market. Its investment strategy emphasizes identifying value among small-cap equities, aiming to combine high-quality holdings with select names showing further upside potential. The fund benchmarks its performance against the Russell 2000 Value Index, which is recognized for tracking U.S. small-cap value stocks. With a diverse portfolio spanning sectors such as financial services, utilities, and technology, the fund plays a significant role in the market by providing investors with targeted exposure to small-cap value opportunities. Established in 2011, MFS New Discovery Value Fund Class A has grown to manage several billion dollars in assets, underlining its presence within the small-cap value segment of the mutual fund landscape.
Performance
NDVAX had a total return of -3.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.54%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FISVX | Fidelity | Fidelity Small Cap Value Index Fund | 0.05% |
Top 10 Holdings
12.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Popular, Inc. | BPOP | 1.45% |
| TTM Technologies, Inc. | TTMI | 1.27% |
| Prosperity Bancshares, Inc. | PB | 1.27% |
| Pacific Premier Bancorp, Inc. | PPBI | 1.25% |
| Prestige Consumer Healthcare Inc. | PBH | 1.24% |
| Plains GP Holdings, L.P. | PAGP | 1.23% |
| First Hawaiian, Inc. | FHB | 1.23% |
| Air Lease Corporation | AL | 1.22% |
| Essential Properties Realty Trust, Inc. | EPRT | 1.18% |
| Hancock Whitney Corporation | HWC | 1.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.58894 | Aug 1, 2025 |
| Dec 10, 2024 | $1.0395 | Dec 11, 2024 |
| Jul 31, 2024 | $0.10991 | Aug 1, 2024 |
| Dec 12, 2023 | $0.78023 | Dec 13, 2023 |
| Jul 31, 2023 | $0.28067 | Aug 1, 2023 |
| Dec 8, 2022 | $0.68554 | Dec 9, 2022 |