MFS International New Discovery B
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-28.7%
1 yr return
-16.7%
3 Yr Avg Return
2.1%
5 Yr Avg Return
2.7%
Net Assets
$6.77 B
Holdings in Top 10
11.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.04%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 11.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Foreign Small/Mid Growth
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
MIDBX - Profile
Distributions
- YTD Total Return -28.7%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.11%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMFS International New Discovery Fund
-
Fund Family NameMFS
-
Inception DateOct 02, 2000
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPeter Fruzzetti
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.
MIDBX - Performance
Return Ranking - Trailing
| Period | MIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.7% | -53.4% | -13.4% | 9.29% |
| 1 Yr | -16.7% | -48.7% | -14.3% | 8.21% |
| 3 Yr | 2.1%* | -3.9% | 13.7% | 90.30% |
| 5 Yr | 2.7%* | -1.0% | 13.4% | 79.84% |
| 10 Yr | 6.2%* | 4.8% | 13.1% | 86.00% |
* Annualized
Return Ranking - Calendar
| Period | MIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.3% | -30.6% | 16.4% | 58.96% |
| 2020 | 4.7% | -1.5% | 62.8% | 90.98% |
| 2019 | 19.5% | 9.7% | 44.0% | 74.22% |
| 2018 | -16.4% | -51.1% | -3.5% | 17.50% |
| 2017 | 28.3% | -19.8% | 41.8% | 61.26% |
Total Return Ranking - Trailing
| Period | MIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -28.7% | -53.4% | -17.9% | 8.57% |
| 1 Yr | -19.9% | -48.7% | -15.3% | 28.36% |
| 3 Yr | 1.1%* | -3.9% | 13.7% | 92.54% |
| 5 Yr | 2.3%* | -1.0% | 13.4% | 82.95% |
| 10 Yr | 6.2%* | 4.8% | 13.1% | 86.00% |
* Annualized
Total Return Ranking - Calendar
| Period | MIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.3% | -30.6% | 16.4% | 59.70% |
| 2020 | 4.7% | -1.5% | 62.8% | 90.98% |
| 2019 | 19.5% | 9.7% | 44.0% | 74.22% |
| 2018 | -11.3% | -50.9% | -3.2% | 17.50% |
| 2017 | 30.7% | 15.0% | 47.2% | 79.28% |
NAV & Total Return History
MIDBX - Holdings
Concentration Analysis
| MIDBX | Category Low | Category High | MIDBX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.77 B | 1.79 M | 7.44 B | 8.33% |
| Number of Holdings | 398 | 30 | 1618 | 8.33% |
| Net Assets in Top 10 | 802 M | 398 K | 1.22 B | 19.44% |
| Weighting of Top 10 | 11.76% | 5.3% | 48.5% | 97.22% |
Top 10 Holdings
- OBIC Co Ltd 2.84%
- OBIC Co Ltd 2.84%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
- OBIC Co Ltd 2.79%
Asset Allocation
| Weighting | Return Low | Return High | MIDBX % Rank | |
|---|---|---|---|---|
| Stocks | 95.26% | 82.89% | 100.34% | 79.86% |
| Cash | 4.74% | -0.34% | 17.11% | 25.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.67% | 65.97% |
| Other | 0.00% | -0.34% | 1.87% | 68.06% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 64.58% |
| Bonds | 0.00% | 0.00% | 0.13% | 65.97% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MIDBX % Rank | |
|---|---|---|---|---|
| Industrials | 19.68% | 0.00% | 56.92% | 77.08% |
| Technology | 13.57% | 0.00% | 37.76% | 62.50% |
| Consumer Cyclical | 13.09% | 1.31% | 29.77% | 27.08% |
| Basic Materials | 12.50% | 0.00% | 18.70% | 9.03% |
| Consumer Defense | 10.15% | 0.00% | 17.90% | 11.81% |
| Financial Services | 8.43% | 1.92% | 22.28% | 56.25% |
| Healthcare | 8.06% | 0.00% | 29.97% | 72.92% |
| Communication Services | 6.15% | 0.00% | 23.23% | 37.50% |
| Real Estate | 4.92% | 0.00% | 13.00% | 35.42% |
| Utilities | 2.15% | 0.00% | 6.65% | 24.31% |
| Energy | 1.28% | 0.00% | 13.10% | 55.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MIDBX % Rank | |
|---|---|---|---|---|
| Non US | 94.84% | 71.19% | 99.70% | 51.39% |
| US | 0.42% | 0.00% | 23.33% | 75.00% |
MIDBX - Expenses
Operational Fees
| MIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.04% | 0.01% | 2.37% | 9.79% |
| Management Fee | 0.86% | 0.00% | 1.75% | 31.25% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 93.55% |
| Administrative Fee | N/A | 0.01% | 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% | 5.56% |
Trading Fees
| MIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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 | 11.00% | 8.00% | 316.00% | 9.24% |
MIDBX - Distributions
Dividend Yield Analysis
| MIDBX | Category Low | Category High | MIDBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.19% | 0.00% | 1.99% | 66.67% |
Dividend Distribution Analysis
| MIDBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MIDBX | Category Low | Category High | MIDBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.11% | -1.81% | 1.51% | 57.97% |
Capital Gain Distribution Analysis
| MIDBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2017 | $0.029 | OrdinaryDividend |
| Dec 13, 2016 | $0.132 | OrdinaryDividend |
| Dec 10, 2015 | $0.023 | OrdinaryDividend |
| Dec 11, 2014 | $0.033 | OrdinaryDividend |
| Dec 10, 2013 | $0.031 | OrdinaryDividend |
| Dec 11, 2012 | $0.041 | OrdinaryDividend |
| Dec 08, 2011 | $0.019 | OrdinaryDividend |
| Dec 09, 2010 | $0.030 | OrdinaryDividend |
| Dec 10, 2009 | $0.081 | OrdinaryDividend |
MIDBX - Fund Manager Analysis
Managers
Peter Fruzzetti
Start Date
Tenure
Tenure Rank
Dec 31, 2004
17.42
17.4%
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
14.63
14.6%
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
13.84
13.8%
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
Sandeep Mehta
Start Date
Tenure
Tenure Rank
Mar 01, 2020
2.25
2.3%
Sandeep Mehta - Investment Officer - Equity Portfolio Manager - As an Equity Portfolio Manager responsible for final buy and sell decisions, portfolio construction, risk and cash management. Participates in the research process and strategy discussions. - Joined MFS in 2008; previous positions include Research Analyst. - Previous experience includes 1 year as Equity Analyst at Henderson Global Investors; 2 years as Software Engineer at Etouch Systems; 3 years as Software Engineer at VeriSign Corp; 2 years as Associate Consultant at CITIL. - London Business School, Master of Business Administration - Institute of Technology BHU (India), Bachelor of Science
Lionel Gomez
Start Date
Tenure
Tenure Rank
Mar 31, 2021
1.17
1.2%
Lionel Gomez, CFA - 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 2013; previous positions include Equity Research Analyst. - Previous experience includes 3 years as Portfolio Manager at Nomura Asset Management; 4 years as Deputy Fund Manager at Deutsche Asset Management Asia. - University of Michigan, Business Engineering
Nicholas Spratt
Start Date
Tenure
Tenure Rank
Sep 01, 2021
0.75
0.8%
She is employed in the investment area of MFS since September 2017; Portfolio Manager responsible for Asian Equity Strategies at PAG prior to September 2017
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.17 | 28.52 | 5.49 | 0.17 |