Morningstar

MFS New Discovery Fund Class R1 MNDGX

Morningstar Medalist Rating
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Medalist Rating as of See MFS Investment Hub
  • NAV / 1-Day Return $18.28  /  +2.87 %
  • Fund Size $2.0B
  • Adjusted Expense Ratio 1.960%
  • Net Expense Ratio 2.020%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Small
  • Morningstar Category Small Growth
  • Equity Style Box (Funds) Small Growth
  • Minimum Initial Investment $0
  • Investment Status Limited
  • TTM Yield 0.00%
  • Turnover Ratio 68%
NAV and 1-Day Return as of

Morningstar’s Analysis MNDGX

Will MNDGX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MNDGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNDGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MNDGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still a strong small-growth vehicle for the long haul.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

MFS New Discovery’s strengths remain intact, and it retains its Above Average People and Process Pillar ratings.

by William Samuel Rocco
Rated on Published on

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Portfolio Holdings MNDGX

More MNDGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

3.18 65M
Cash and Equivalents

Ligand Pharmaceuticals Inc

2.68 55M
Healthcare

CACI International Inc Class A

2.58 53M
Technology

Merit Medical Systems Inc

2.08 43M
Healthcare

Element Solutions Inc

1.79 37M
Basic Materials

Moog Inc Class A

1.76 36M
Industrials

The Chefs' Warehouse Inc

1.74 36M
Consumer Defensive

Charles River Laboratories International Inc

1.74 36M
Healthcare

Waystar Holding Corp

1.66 34M
Healthcare

Finning International Inc

1.63 33M
Industrials

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