MFS New Discovery Value Fund Class C (NDVCX)

Fund Assets	2.05B
Expense Ratio	2.021%
Min. Investment	$1,000
Turnover	47.00%
Dividend (ttm)	0.06
Dividend Yield	0.37%
Dividend Growth	-46.08%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 31, 2026

Previous Close	15.57
YTD Return	5.59%
1-Year Return	7.83%
5-Year Return	18.22%
52-Week Low	14.88
52-Week High	17.42
Beta (5Y)	1.35
Holdings	145
Inception Date	May 26, 2011

About NDVCX

MFS New Discovery Value Fund Class C is a mutual fund focused on seeking capital appreciation by investing primarily in small-cap U.S. companies that exhibit value characteristics. The fund emphasizes firms with attractive valuations, targeting a blend of high-quality businesses that have demonstrated resilient business models. Its investment strategy centers on identifying smaller companies trading below perceived intrinsic value, offering exposure to sectors and industries that are often underrepresented in large-cap indices. Managed with a disciplined approach to company selection, the fund plays a role in diversifying portfolios by providing access to the small-cap value segment of the equity market. This makes it particularly relevant for investors aiming to capture potential growth and value opportunities within the broader U.S. equity landscape. Class C shares are structured without an initial sales charge but may carry a contingent deferred sales charge if shares are redeemed within one year of purchase.

• Fund Family: MFS
• Category: Small Value
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NDVCX
• Share Class: C
• Index: Russell 2000 Value TR

Performance

NDVCX had a total return of 7.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.96%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NDVVX	R6	0.87%
NDVIX	I	0.97%
NDVUX	R4	0.97%
NDVAX	A	1.22%

Top 10 Holdings

12.01% of assets

Name	Symbol	Weight
Plains GP Holdings, L.P.	PAGP	1.40%
Cathay General Bancorp	CATY	1.26%
United Community Banks, Inc.	UCB	1.24%
Prosperity Bancshares, Inc.	PB	1.23%
Hancock Whitney Corporation	HWC	1.19%
First Interstate BancSystem, Inc.	FIBK	1.18%
Columbia Banking System, Inc.	COLB	1.16%
CVB Financial Corp.	CVBF	1.15%
M/I Homes, Inc.	MHO	1.12%
Popular, Inc.	BPOP	1.09%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.63986	Aug 3, 2026
Dec 9, 2025	$1.05898	Dec 10, 2025
Jul 31, 2025	$0.57354	Aug 1, 2025
Dec 10, 2024	$0.9169	Dec 11, 2024
Jul 31, 2024	$0.0847	Aug 1, 2024
Dec 12, 2023	$0.67379	Dec 13, 2023

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:

Oct 16, 2026

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