MFS New Discovery Value Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.9%
1 yr return
7.9%
3 Yr Avg Return
2.0%
5 Yr Avg Return
8.5%
Net Assets
$3.43 B
Holdings in Top 10
14.3%
52 WEEK LOW AND HIGH
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 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NDVUX - Profile
Distributions
- YTD Total Return -2.9%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.45%
- Dividend Yield 2.1%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameMFS New Discovery Value Fund
-
Fund Family NameMFS Funds
-
Inception DateMay 26, 2011
-
Shares OutstandingN/A
-
Share ClassR4
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKevin 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.
NDVUX - Performance
Return Ranking - Trailing
Period | NDVUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.9% | -13.8% | 7.5% | 54.99% |
1 Yr | 7.9% | -5.6% | 32.6% | 82.71% |
3 Yr | 2.0%* | -13.7% | 66.8% | 46.05% |
5 Yr | 8.5%* | -4.5% | 47.1% | 29.07% |
10 Yr | 8.7%* | -3.6% | 26.2% | 6.67% |
* Annualized
Return Ranking - Calendar
Period | NDVUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -18.4% | 33.6% | 86.75% |
2022 | -17.5% | -36.7% | 212.9% | 52.03% |
2021 | 22.0% | -62.0% | 147.6% | 44.08% |
2020 | 1.1% | -24.8% | 31.3% | 57.72% |
2019 | 27.3% | -30.1% | 34.0% | 5.72% |
Total Return Ranking - Trailing
Period | NDVUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.9% | -13.8% | 7.5% | 54.99% |
1 Yr | 7.9% | -5.6% | 32.6% | 82.71% |
3 Yr | 2.0%* | -13.7% | 66.8% | 46.05% |
5 Yr | 8.5%* | -4.5% | 47.1% | 29.07% |
10 Yr | 8.7%* | -3.6% | 26.2% | 6.67% |
* Annualized
Total Return Ranking - Calendar
Period | NDVUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.2% | -15.5% | 35.4% | 81.90% |
2022 | -10.8% | -36.7% | 250.0% | 45.50% |
2021 | 33.7% | -3.2% | 157.9% | 33.18% |
2020 | 3.5% | -13.5% | 33.4% | 49.41% |
2019 | 33.7% | -17.4% | 34.3% | 1.99% |
NAV & Total Return History
NDVUX - Holdings
Concentration Analysis
NDVUX | Category Low | Category High | NDVUX % Rank | |
---|---|---|---|---|
Net Assets | 3.43 B | 2.13 M | 52.9 B | 15.75% |
Number of Holdings | 116 | 10 | 1578 | 39.61% |
Net Assets in Top 10 | 474 M | 180 K | 3.01 B | 17.94% |
Weighting of Top 10 | 14.27% | 0.3% | 88.4% | 71.05% |
Top 10 Holdings
- MFS Institutional Money Market Portfolio 1.92%
- Nomad Foods Ltd 1.55%
- Phillips Edison Co Inc 1.46%
- Portland General Electric Co 1.39%
- LKQ Corp 1.35%
- Cathay General Bancorp 1.33%
- Broadstone Net Lease Inc 1.33%
- East West Bancorp Inc 1.33%
- Prestige Consumer Healthcare Inc 1.31%
- Viper Energy Inc 1.30%
Asset Allocation
Weighting | Return Low | Return High | NDVUX % Rank | |
---|---|---|---|---|
Stocks | 97.90% | 0.99% | 104.11% | 62.80% |
Cash | 2.57% | 0.00% | 99.01% | 36.54% |
Preferred Stocks | 0.00% | 0.00% | 2.62% | 63.46% |
Other | 0.00% | -1.78% | 40.01% | 70.02% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 60.98% |
Bonds | 0.00% | 0.00% | 73.18% | 61.71% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NDVUX % Rank | |
---|---|---|---|---|
Financial Services | 20.83% | 0.00% | 35.71% | 73.60% |
Consumer Cyclical | 18.58% | 0.00% | 51.62% | 7.38% |
Industrials | 14.60% | 0.65% | 48.61% | 74.05% |
Technology | 9.11% | 0.00% | 34.03% | 46.76% |
Energy | 8.01% | 0.00% | 29.42% | 51.45% |
Real Estate | 7.71% | 0.00% | 44.41% | 48.55% |
Healthcare | 6.67% | 0.00% | 25.76% | 43.85% |
Utilities | 5.33% | 0.00% | 13.86% | 13.20% |
Basic Materials | 4.52% | 0.00% | 67.30% | 59.28% |
Consumer Defense | 4.00% | 0.00% | 13.22% | 46.53% |
Communication Services | 0.64% | 0.00% | 24.90% | 85.01% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NDVUX % Rank | |
---|---|---|---|---|
US | 96.27% | 0.96% | 104.11% | 71.33% |
Non US | 1.63% | 0.00% | 67.90% | 19.04% |
NDVUX - Expenses
Operational Fees
NDVUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.05% | 37.04% | 73.74% |
Management Fee | 0.81% | 0.00% | 1.50% | 62.50% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
NDVUX 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
NDVUX 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.
NDVUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 44.00% | 7.00% | 252.00% | 38.60% |
NDVUX - Distributions
Dividend Yield Analysis
NDVUX | Category Low | Category High | NDVUX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.13% | 0.00% | 14.46% | 70.24% |
Dividend Distribution Analysis
NDVUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
NDVUX | Category Low | Category High | NDVUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.45% | -1.43% | 4.13% | 47.87% |
Capital Gain Distribution Analysis
NDVUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2023 | $0.185 | OrdinaryDividend |
Dec 12, 2019 | $0.580 | OrdinaryDividend |
Jul 31, 2019 | $0.220 | OrdinaryDividend |
Dec 13, 2018 | $0.075 | OrdinaryDividend |
Dec 14, 2017 | $0.039 | OrdinaryDividend |
Dec 15, 2016 | $0.080 | OrdinaryDividend |
Dec 15, 2015 | $0.072 | OrdinaryDividend |
Dec 16, 2014 | $0.042 | OrdinaryDividend |
Dec 12, 2013 | $0.045 | OrdinaryDividend |
Dec 13, 2012 | $0.088 | OrdinaryDividend |
Dec 15, 2011 | $0.037 | OrdinaryDividend |
NDVUX - 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 | 8.15 | 3.58 |