MFS New Discovery Value Fund Class R6 (NDVVX)
| Fund Assets | 2.72B |
| Expense Ratio | 0.84% |
| Min. Investment | $0.00 |
| Turnover | 34.00% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 6.70% |
| Dividend Growth | 8.30% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 18.30 |
| YTD Return | -0.82% |
| 1-Year Return | 33.54% |
| 5-Year Return | 138.30% |
| 52-Week Low | 14.86 |
| 52-Week High | 21.09 |
| Beta (5Y) | n/a |
| Holdings | 128 |
| Inception Date | Jul 2, 2012 |
About NDVVX
MFS New Discovery Value Fund R6 Shares is a mutual fund dedicated to achieving capital appreciation by investing primarily in small-cap companies considered to be undervalued relative to their intrinsic worth. The fund targets businesses with resilient models, solid balance sheets, and prudent capital allocation, favoring companies poised for improvement or those with low market expectations. Its investment approach emphasizes high-quality, small-cap firms, often seeking opportunities where robust fundamentals are overlooked by the broader market. The fund is benchmarked against the Russell 2000 Value Index, reflecting its focus on the U.S. small-cap value segment. With over $2.6 billion in assets as of April 2025 and a history dating back to 2011, the fund maintains a diversified portfolio, with top holdings commonly in financial services and utilities. Designed for eligible institutional and retirement investors, the R6 share class is offered with no sales charge and a competitive expense ratio, supporting cost-efficient access to small-cap value equities in the U.S. market.
Performance
NDVVX had a total return of 33.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.71%.
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
13.31% 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% |
| Currency Cash CASH_USD | n/a | 1.27% |
| NorthWestern Energy Group, Inc. | NWE | 1.27% |
| The Hanover Insurance Group, Inc. | THG | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $1.09434 | Dec 11, 2024 |
| Jul 31, 2024 | $0.11994 | Aug 1, 2024 |
| Dec 12, 2023 | $0.83074 | Dec 13, 2023 |
| Jul 31, 2023 | $0.29048 | Aug 1, 2023 |
| Dec 8, 2022 | $0.73994 | Dec 9, 2022 |
| Jul 29, 2022 | $0.68107 | Aug 1, 2022 |