MFS New Discovery R4 (MNDJX)
| Fund Assets | 2.08B |
| Expense Ratio | 1.03% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 30.60 |
| YTD Return | 8.39% |
| 1-Year Return | 13.06% |
| 5-Year Return | 22.62% |
| 52-Week Low | 22.63 |
| 52-Week High | 30.60 |
| Beta (5Y) | n/a |
| Holdings | 109 |
| Inception Date | Apr 1, 2005 |
About MNDJX
The MFS New Discovery Fund is a mutual fund designed to achieve capital appreciation by investing primarily in equity securities of small-cap growth companies. Its investment strategy focuses on identifying companies with significant growth potential across various market environments. The fund diversifies its portfolio across emerging, high-quality durable, and out-of-favor industry companies, aiming to capitalize on misaligned valuations and growth potential. It is benchmarked against the Russell 2000 Growth Index, which measures U.S. small-cap growth stocks. This fund plays a crucial role in the financial market by providing investors with exposure to small-cap growth opportunities, which can be volatile but offer potential for substantial returns over the long term.
Performance
MNDJX had a total return of 13.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.92%.
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 | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth M | 1.58% |
| FCCGX | Fidelity | Fidelity Small Cap Growth Fund | 2.08% |
Top 10 Holdings
20.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 4.81% |
| Flowserve Corporation | FLS | 2.32% |
| StepStone Group Inc. | STEP | 1.84% |
| nVent Electric plc | NVT | 1.79% |
| Knife River Corporation | KNF | 1.68% |
| Crane Company | CR | 1.66% |
| QXO, Inc. | QXO | 1.63% |
| Genius Sports Limited | GENI | 1.63% |
| Advanced Energy Industries, Inc. | AEIS | 1.62% |
| Pegasystems Inc. | PEGA | 1.58% |