MFS New Discovery Value Fund Class I (NDVIX)
| Fund Assets | 2.77B |
| Expense Ratio | 0.94% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.68 |
| Dividend Yield | 9.94% |
| Dividend Growth | 79.68% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 16.86 |
| YTD Return | -6.10% |
| 1-Year Return | -1.48% |
| 5-Year Return | 74.67% |
| 52-Week Low | 14.80 |
| 52-Week High | 21.00 |
| Beta (5Y) | n/a |
| Holdings | 129 |
| Inception Date | May 26, 2011 |
About NDVIX
MFS New Discovery Value Fund Class I is an actively managed mutual fund that seeks capital appreciation by investing primarily in U.S. small-cap companies identified as undervalued relative to their intrinsic worth. The fund leverages a bottom-up, fundamental research process to select equities with resilient business models, above-average returns, and strong balance sheets, while also considering opportunistic investments with potential for improvement or where market expectations are low. Diversification across industries and sectors is a core element, though significant allocation to particular sectors may occur when investment conviction is high. The fund’s benchmark is the Russell 2000 Value Index, reflecting its focus on small-cap value stocks. Managed with attention to cost efficiency, the fund is positioned in the second-cheapest fee quintile among peers and provides institutional share class access without a sales charge. Since its inception in 2011, the fund has built substantial assets and aims to offer a disciplined approach to long-term growth within the small-cap value segment of the U.S. equity market.
Performance
NDVIX had a total return of -1.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.72%.
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
13.29% of assets| Name | Symbol | Weight |
|---|---|---|
| Air Lease Corporation | AL | 1.44% |
| Portland General Electric Company | POR | 1.42% |
| Popular, Inc. | BPOP | 1.39% |
| Prestige Consumer Healthcare Inc. | PBH | 1.36% |
| Prosperity Bancshares, Inc. | PB | 1.34% |
| Pacific Premier Bancorp, Inc. | PPBI | 1.29% |
| SLM Corporation | SLM | 1.28% |
| NorthWestern Energy Group, Inc. | NWE | 1.27% |
| The Hanover Insurance Group, Inc. | THG | 1.26% |
| MFS Institutional Money Market Portfolio | n/a | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.59575 | Aug 1, 2025 |
| Dec 10, 2024 | $1.07932 | Dec 11, 2024 |
| Jul 31, 2024 | $0.11716 | Aug 1, 2024 |
| Dec 12, 2023 | $0.81508 | Dec 13, 2023 |
| Jul 31, 2023 | $0.2884 | Aug 1, 2023 |
| Dec 8, 2022 | $0.72441 | Dec 9, 2022 |