MIDBX: MFS International New Discovery B

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MIDBX MFS International New Discovery B

  • Fund
  • MIDBX
  • Price as of: Jan 17, 2020
  • $34.10
    + $0.01 + 0.03%
  • Fund Company
  • MFS

Profile

MIDBX - Profile

Vitals

  • YTD Return 1.0%
  • 3 Yr Annualized Return 8.3%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $7.6 B
  • Holdings in Top 10 14.6%

52 WEEK LOW AND HIGH

$34.10
$29.48
$34.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.04%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Dec 02, 2019
  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 11.1%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    MFS International New Discovery Fund Class B
  • Fund Family Name
    MFS
  • Inception Date
    Oct 02, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Antonelli

Fund Description

The fund normally invests its assets primarily in foreign equity securities, including emerging market equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. The fund may invest a significant percentage of the fund's assets in issuers in a single industry, sector, country, or region.


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Performance

MIDBX - Performance

Return Ranking - Trailing

Period MIDBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.6% 4.7% 49.67%
1 Yr 14.7% -19.3% 37.5% 70.63%
3 Yr 8.3%* -11.8% 21.2% 40.94%
5 Yr 5.4%* -19.7% 12.7% 40.59%
10 Yr 6.7%* -4.3% 13.6% 34.33%

* Annualized

Return Ranking - Calendar

Period MIDBX Return Category Return Low Category Return High Rank in Category (%)
2019 19.5% -15.8% 44.0% 65.49%
2018 -16.4% -51.1% -3.5% 17.04%
2017 28.3% 16.6% 41.8% 62.30%
2016 -2.1% -73.5% 17.7% 29.36%
2015 1.6% -14.4% 15.9% 62.38%

Total Return Ranking - Trailing

Period MIDBX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.6% 4.7% 49.67%
1 Yr 14.7% -19.3% 37.5% 70.63%
3 Yr 11.1%* -11.8% 21.2% 37.80%
5 Yr 7.5%* -5.8% 12.7% 42.57%
10 Yr 7.8%* -1.6% 13.6% 50.75%

* Annualized

Total Return Ranking - Calendar

Period MIDBX Return Category Return Low Category Return High Rank in Category (%)
2019 19.5% -15.8% 44.0% 65.49%
2018 -11.3% -50.9% -3.2% 14.07%
2017 30.7% 19.2% 47.2% 83.61%
2016 -0.5% -12.9% 17.7% 31.19%
2015 1.7% -13.9% 17.0% 75.25%

NAV & Total Return History


Holdings

MIDBX - Holdings

Concentration Analysis

MIDBX Category Low Category High MIDBX % Rank
Net Assets 7.6 B 1.26 M 8.75 B 11.26%
Number of Holdings 364 2 1364 6.67%
Net Assets in Top 10 1.08 B 0 2 B 11.33%
Weighting of Top 10 14.64% 0.0% 47.1% 85.33%

Top 10 Holdings

  1. OBIC Co Ltd 3.04%
  2. Amadeus IT Group SA A 2.05%
  3. Croda International PLC 1.65%
  4. Symrise AG 1.35%
  5. Sika AG Registered Shares 1.22%
  6. CTS Eventim AG & Co. KGaA 1.16%
  7. Cellnex Telecom SA 1.11%
  8. LEG Immobilien AG 1.11%
  9. Dollarama Inc 1.03%
  10. Compass Group PLC 0.93%

Asset Allocation

Weighting Return Low Return High MIDBX % Rank
Stocks
95.49% 0.00% 99.71% 66.00%
Cash
4.51% 0.29% 100.00% 27.33%
Preferred Stocks
0.00% 0.00% 2.29% 62.67%
Other
0.00% -2.03% 5.58% 71.33%
Convertible Bonds
0.00% 0.00% 1.13% 62.67%
Bonds
0.00% 0.00% 0.09% 64.00%

Stock Sector Breakdown

Weighting Return Low Return High MIDBX % Rank
Industrials
18.49% 0.00% 35.81% 68.00%
Consumer Defense
13.55% 0.00% 15.52% 6.67%
Consumer Cyclical
13.23% 0.00% 28.56% 33.33%
Technology
12.64% 5.73% 40.67% 77.33%
Financial Services
10.62% 2.25% 21.43% 41.33%
Basic Materials
9.94% 0.00% 11.76% 10.67%
Communication Services
7.97% 0.00% 20.12% 16.00%
Healthcare
6.91% 3.53% 35.21% 92.00%
Real Estate
4.35% 0.00% 13.22% 45.33%
Energy
1.24% 0.00% 4.69% 66.67%
Utilities
1.06% 0.00% 3.44% 40.00%

Stock Geographic Breakdown

Weighting Return Low Return High MIDBX % Rank
Non US
93.96% 0.00% 99.34% 57.33%
US
1.53% 0.00% 21.39% 52.67%

Expenses

MIDBX - Expenses

Operational Fees

MIDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.04% 0.01% 95.80% 22.82%
Management Fee 0.87% 0.00% 1.75% 29.14%
12b-1 Fee 1.00% 0.00% 1.00% 93.90%
Administrative Fee N/A 0.03% 0.26% N/A

Sales Fees

MIDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 4.00% 1.00% 4.00% 5.00%

Trading Fees

MIDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

MIDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 244.29% 14.00%

Distributions

MIDBX - Distributions

Dividend Yield Analysis

MIDBX Category Low Category High MIDBX % Rank
Dividend Yield 0.00% 0.00% 4.87% 65.56%

Dividend Distribution Analysis

MIDBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

MIDBX Category Low Category High MIDBX % Rank
Net Income Ratio 0.12% -3.52% 2.96% 70.47%

Capital Gain Distribution Analysis

MIDBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MIDBX - Fund Manager Analysis

Managers

David Antonelli


Start Date

Tenure

Tenure Rank

Oct 09, 1997

22.24

22.2%

Mr. Antonelli is senior vice president and director of international equity reserach of MFS Investment Management. He joined the firm in 1991 as a research analyst following foreign stocks, with a concentration in continental Europe. He was named assistant vice president in 1994, vice president in 1995, portfolio manager in 1997, and director of international equity research and senior vice president in 1999.

Peter Fruzzetti


Start Date

Tenure

Tenure Rank

Dec 31, 2004

15.01

15.0%

Peter Fruzzetti is an investment officer of MFS Investment Management® (MFS®) and a portfolio manager of the firm's international small-cap portfolios. Peter joined MFS in 2000 as an equity research analyst. He was named portfolio manager in 2004. Prior to joining MFS he was an equity analyst with Fidelity Investments from 1993 to 1999. He is a graduate of Boston College.

José Luis García


Start Date

Tenure

Tenure Rank

Oct 17, 2007

12.21

12.2%

Jose Luis Garcia is an investment officer, equity portfolio manager and the director of equity - Latin America at MFS Investment Management® (MFS®). He manages or comanages several international equity portfolios for MFS, including Latin American and emerging markets portfolios, as well as oversees the analyst-led research international portfolios. He also contributes to the MFS global research platform as an equity research analyst focused on Latin American stocks. He is based in Mexico City. Jose Luis joined MFS in 2002. Previously,he was chief executive officer of Telefonica B2B in Mexico.

Robert Lau


Start Date

Tenure

Tenure Rank

Jul 31, 2008

11.42

11.4%

Robert W. Lau, CFA, is an investment officer and portfolio manager for MFS Investment Management® (MFS®). He is a member of the emerging market equity and international small-cap portfolio management teams. He is based in MFS' Singapore office. Robert joined the company in 2001 as a research analyst and was named portfolio manager in 2008. Previously, he was a portfolio manager for Goldman Sachs Asset Management from 1998 to 2001 and an equity analyst at JP Morgan Investment Management from 1996 to 1998. He earned a Bachelor of Science degree from Massachusetts Institute of Technology and ho

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 26.1 6.82 7.47