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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

$29.01

$6.32 B

0.79%

$0.23

2.07%

Vitals

YTD Return

1.6%

1 yr return

9.9%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

2.9%

Net Assets

$6.32 B

Holdings in Top 10

12.3%

52 WEEK LOW AND HIGH

$28.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.07%

SALES FEES

Front Load N/A

Deferred Load 1.00%

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


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

$29.01

$6.32 B

0.79%

$0.23

2.07%

MIDCX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.14%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MFS International New Discovery Fund
  • Fund Family Name
    MFS Funds
  • Inception Date
    Dec 26, 2000
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Fruzzetti

Fund Description

MFS (Massachusetts Financial Services Company, the fund's investment adviser) normally invests the fund’s 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.

MFS focuses on investing the fund’s assets in the stocks of companies it believes to have above average earnings growth potential compared to other companies (growth 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 to medium capitalizations.

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

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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MIDCX - Performance

Return Ranking - Trailing

Period MIDCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -5.4% 9.8% 59.20%
1 Yr 9.9% -15.5% 34.8% 59.20%
3 Yr -1.9%* -26.2% 1.3% 19.83%
5 Yr 2.9%* -7.6% 10.2% 77.19%
10 Yr 3.6%* 0.8% 7.4% 68.29%

* Annualized

Return Ranking - Calendar

Period MIDCX Return Category Return Low Category Return High Rank in Category (%)
2023 8.3% -16.8% 28.8% 76.80%
2022 -23.6% -46.4% -21.4% 9.09%
2021 -0.3% -30.6% 16.4% 60.87%
2020 4.7% -1.5% 62.8% 90.43%
2019 19.3% 9.7% 44.0% 75.89%

Total Return Ranking - Trailing

Period MIDCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -5.4% 9.8% 59.20%
1 Yr 9.9% -15.5% 34.8% 59.20%
3 Yr -1.9%* -26.2% 1.3% 19.83%
5 Yr 2.9%* -7.6% 10.2% 77.19%
10 Yr 3.6%* 0.8% 7.4% 68.29%

* Annualized

Total Return Ranking - Calendar

Period MIDCX Return Category Return Low Category Return High Rank in Category (%)
2023 11.9% -16.5% 30.7% 56.00%
2022 -19.4% -46.4% -18.5% 5.79%
2021 3.9% -30.6% 24.7% 86.09%
2020 8.9% 1.6% 68.3% 96.52%
2019 21.6% 9.7% 44.0% 94.64%

NAV & Total Return History


MIDCX - Holdings

Concentration Analysis

MIDCX Category Low Category High MIDCX % Rank
Net Assets 6.32 B 25.2 K 6.04 B 6.35%
Number of Holdings 376 39 1618 9.52%
Net Assets in Top 10 796 M 686 K 1.06 B 15.87%
Weighting of Top 10 12.30% 5.3% 53.0% 96.83%

Top 10 Holdings

  1. MFS Institutional Money Market Portfolio, Class A 2.03%
  2. NS Solutions Corp. 1.81%
  3. Obic Co. Ltd. 1.55%
  4. Symrise AG 1.41%
  5. T Hasegawa Co. Ltd. 1.00%
  6. Sodexo SA 0.97%
  7. Dollarama, Inc. 0.94%
  8. Gerresheimer AG 0.88%
  9. Breedon Group plc 0.86%
  10. Verallia SA 0.86%

Asset Allocation

Weighting Return Low Return High MIDCX % Rank
Stocks
97.91% 89.56% 99.81% 26.19%
Cash
2.14% 0.00% 11.63% 65.87%
Other
0.00% -0.09% 5.11% 26.19%
Preferred Stocks
0.00% 0.00% 8.16% 75.40%
Convertible Bonds
0.00% 0.00% 0.00% 65.08%
Bonds
0.00% 0.00% 2.66% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High MIDCX % Rank
Industrials
19.68% 0.00% 40.13% 76.19%
Technology
13.57% 6.70% 37.76% 65.87%
Consumer Cyclical
13.09% 1.31% 28.28% 26.98%
Basic Materials
12.50% 0.00% 18.70% 9.52%
Consumer Defense
10.15% 1.61% 17.90% 13.49%
Financial Services
8.43% 1.92% 22.28% 53.17%
Healthcare
8.06% 1.74% 29.97% 79.37%
Communication Services
6.15% 1.49% 23.23% 35.71%
Real Estate
4.92% 0.00% 13.00% 31.75%
Utilities
2.15% 0.00% 5.12% 26.98%
Energy
1.28% 0.00% 9.29% 53.17%

Stock Geographic Breakdown

Weighting Return Low Return High MIDCX % Rank
Non US
96.03% 62.81% 98.57% 25.40%
US
1.87% 0.00% 32.46% 69.84%

MIDCX - Expenses

Operational Fees

MIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.07% 0.01% 41.09% 21.43%
Management Fee 0.87% 0.00% 1.75% 31.75%
12b-1 Fee 1.00% 0.00% 1.00% 94.34%
Administrative Fee N/A 0.05% 0.26% N/A

Sales Fees

MIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 4.00% 80.00%

Trading Fees

MIDCX 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.

MIDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 8.00% 236.00% 9.80%

MIDCX - Distributions

Dividend Yield Analysis

MIDCX Category Low Category High MIDCX % Rank
Dividend Yield 0.79% 0.00% 5.54% 55.56%

Dividend Distribution Analysis

MIDCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

MIDCX Category Low Category High MIDCX % Rank
Net Income Ratio -0.14% -1.81% 1.51% 61.16%

Capital Gain Distribution Analysis

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

Distributions History

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MIDCX - 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 5.66 0.17