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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.26

$3.43 B

2.07%

$0.37

0.95%

Vitals

YTD Return

3.2%

1 yr return

17.1%

3 Yr Avg Return

4.9%

5 Yr Avg Return

10.6%

Net Assets

$3.43 B

Holdings in Top 10

14.3%

52 WEEK LOW AND HIGH

$17.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.95%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.26

$3.43 B

2.07%

$0.37

0.95%

NDVIX - Profile

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 10.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.46%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    MFS New Discovery Value Fund
  • Fund Family Name
    MFS Funds
  • Inception Date
    May 26, 2011
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Kevin Schmitz

Fund Description

MFS (Massachusetts Financial Services Company, the fund’s investment adviser) normally invests the fund’s assets primarily in equity securities. Equity securities include common stocks, equity interests in real estate investment trusts (REITs), and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer.

MFS focuses on investing the fund’s assets in the stocks of companies it believes are undervalued compared to their perceived worth (value companies).

While MFS may invest the fund’s assets in securities of companies of any size, MFS primarily invests in securities of companies with small capitalizations.

MFS may invest the fund’s assets in foreign securities.

MFS normally invests the fund’s assets across different industries and sectors, but MFS may invest a significant percentage of the fund’s assets in issuers in a single industry or sector.

MFS uses an active bottom-up investment approach to buying and selling investments for the fund. Investments are selected primarily based on fundamental analysis of individual issuers. Quantitative screening tools that systematically evaluate issuers may also be considered.

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NDVIX - Performance

Return Ranking - Trailing

Period NDVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -11.0% 11.8% 64.10%
1 Yr 17.1% -0.8% 43.6% 80.18%
3 Yr 4.9%* -12.8% 69.3% 47.92%
5 Yr 10.6%* -3.6% 49.5% 29.35%
10 Yr 9.3%* -3.4% 26.6% 7.62%

* Annualized

Return Ranking - Calendar

Period NDVIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -18.4% 33.6% 85.96%
2022 -17.5% -36.7% 212.9% 52.35%
2021 22.0% -62.0% 147.6% 44.24%
2020 1.1% -24.8% 31.3% 57.08%
2019 27.3% -30.1% 34.0% 6.17%

Total Return Ranking - Trailing

Period NDVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -11.0% 11.8% 64.10%
1 Yr 17.1% -0.8% 43.6% 80.18%
3 Yr 4.9%* -12.8% 69.3% 47.92%
5 Yr 10.6%* -3.6% 49.5% 29.35%
10 Yr 9.3%* -3.4% 26.6% 7.62%

* Annualized

Total Return Ranking - Calendar

Period NDVIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.2% -15.5% 35.4% 81.58%
2022 -10.8% -36.7% 250.0% 45.41%
2021 33.7% -3.2% 157.9% 33.41%
2020 3.7% -13.5% 33.4% 46.93%
2019 33.6% -17.4% 34.3% 2.22%

NAV & Total Return History


NDVIX - Holdings

Concentration Analysis

NDVIX Category Low Category High NDVIX % Rank
Net Assets 3.43 B 2.53 M 46.3 B 14.13%
Number of Holdings 116 10 1583 39.35%
Net Assets in Top 10 474 M 217 K 2.97 B 17.39%
Weighting of Top 10 14.27% 0.3% 88.4% 74.29%

Top 10 Holdings

  1. MFS Institutional Money Market Portfolio 1.92%
  2. Nomad Foods Ltd 1.55%
  3. Phillips Edison Co Inc 1.46%
  4. Portland General Electric Co 1.39%
  5. LKQ Corp 1.35%
  6. Cathay General Bancorp 1.33%
  7. Broadstone Net Lease Inc 1.33%
  8. East West Bancorp Inc 1.33%
  9. Prestige Consumer Healthcare Inc 1.31%
  10. Viper Energy Inc 1.30%

Asset Allocation

Weighting Return Low Return High NDVIX % Rank
Stocks
97.90% 0.99% 105.89% 60.00%
Cash
2.57% 0.00% 99.01% 35.65%
Preferred Stocks
0.00% 0.00% 2.62% 57.83%
Other
0.00% -1.78% 40.01% 64.78%
Convertible Bonds
0.00% 0.00% 2.63% 55.29%
Bonds
0.00% 0.00% 73.18% 56.09%

Stock Sector Breakdown

Weighting Return Low Return High NDVIX % Rank
Financial Services
20.83% 0.00% 35.71% 73.33%
Consumer Cyclical
18.58% 0.00% 51.62% 6.89%
Industrials
14.60% 0.65% 48.61% 73.78%
Technology
9.11% 0.00% 34.03% 46.44%
Energy
8.01% 0.00% 29.42% 51.33%
Real Estate
7.71% 0.00% 44.41% 48.22%
Healthcare
6.67% 0.00% 25.76% 43.56%
Utilities
5.33% 0.00% 13.86% 12.89%
Basic Materials
4.52% 0.00% 67.30% 58.67%
Consumer Defense
4.00% 0.00% 13.22% 45.56%
Communication Services
0.64% 0.00% 24.90% 84.67%

Stock Geographic Breakdown

Weighting Return Low Return High NDVIX % Rank
US
96.27% 0.96% 105.89% 66.09%
Non US
1.63% 0.00% 67.90% 18.48%

NDVIX - Expenses

Operational Fees

NDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.05% 37.04% 74.13%
Management Fee 0.81% 0.00% 1.50% 61.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

NDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NDVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 7.00% 252.00% 38.15%

NDVIX - Distributions

Dividend Yield Analysis

NDVIX Category Low Category High NDVIX % Rank
Dividend Yield 2.07% 0.00% 14.21% 96.96%

Dividend Distribution Analysis

NDVIX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Quarterly Annual

Net Income Ratio Analysis

NDVIX Category Low Category High NDVIX % Rank
Net Income Ratio 0.46% -1.43% 4.13% 46.89%

Capital Gain Distribution Analysis

NDVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Distributions History

View More +

NDVIX - Fund Manager Analysis

Managers

Kevin Schmitz


Start Date

Tenure

Tenure Rank

May 26, 2011

11.02

11.0%

Kevin J. Schmitz is an investment officer and equity portfolio manager at MFS Investment Management® (MFS®). He manages the firm's small and mid-cap value portfolios. Kevin assumed his current duties in 2011. He joined MFS in 2002 as an equity research analyst covering financial stocks. In 2009 he took on portfolio comanagement duties in addition to his analyst role. Prior to joining the firm, he was a financial analyst and vice president of business development for Fidelity Investments. Kevin earned a bachelor's of Business Administration degree from of the University of Michigan.

Richard Offen


Start Date

Tenure

Tenure Rank

Dec 31, 2019

2.42

2.4%

Richard L. Offen - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager, responsible for final buy and sell decisions, portfolio construction and risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2011 - Previous experience includes 1 year as an Associate - Investment Banking at Stifel, Nicolaus and Co, Inc.; 3 years as an Associate/Analyst - Investment Banking at FBR Capital Markets. - Experience includes participation in the MFS MBA Internship program in 2010. - University of Virginia, Master of Business Administration - Davidson College, Bachelor of Arts

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.17 3.58