NDVBX: MFS New Discovery Value B

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

NDVBX MFS New Discovery Value B

NDVBX - Profile

Vitals

  • YTD Return 19.6%
  • 3 Yr Annualized Return 10.1%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $3.24 B
  • Holdings in Top 10 20.3%

52 WEEK LOW AND HIGH

$14.94
$11.84
$15.25

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.04%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 57.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Aug 15, 2019

STANDARD (TAXABLE)

$1,000

IRA

$250

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Small Value

Distributions

  • YTD Total Return 19.6%
  • 3 Yr Annualized Total Return 9.3%
  • 5 Yr Annualized Total Return 9.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name MFS New Discovery Value Fund
  • Fund Family Name MFS
  • Inception Date May 26, 2011
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Kevin J. Schmitz

Fund Description

The fund normally invests its assets 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 in the stocks of companies the adviser believes are undervalued compared to their perceived worth (value companies). While the fund may invest the fund's assets in companies of any size, it primarily invests in companies with small capitalizations. The fund may invest the fund's assets in foreign securities.

NDVBX - Fund Company Quick Screens

NDVBX - Performance

Return Ranking - Trailing

Period NDVBX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.6% -7.5% 22.5% 5.99%
1 Yr 0.3% -44.3% 3.1% 3.96%
3 Yr 10.1%* -16.3% 11.0% 0.58%
5 Yr 9.4%* -15.4% 10.2% 0.65%
10 Yr N/A* -6.9% 12.7% N/A

* Annualized


Return Ranking - Calendar

Period NDVBX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.9% -48.1% 5.1% 11.35%
2017 7.7% -28.5% 16.6% 14.41%
2016 20.3% 3.0% 58.5% 56.06%
2015 -6.5% -36.0% 1.1% 15.76%
2014 -4.3% -35.0% 301.5% 46.42%

Total Return Ranking - Trailing

Period NDVBX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.6% -7.5% 22.5% 5.99%
1 Yr -3.5% -44.3% 16.2% 33.51%
3 Yr 9.3%* -16.3% 11.2% 3.20%
5 Yr 9.1%* -14.3% 10.9% 5.54%
10 Yr N/A* -6.9% 13.3% N/A

* Annualized


Total Return Ranking - Calendar

Period NDVBX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.0% -48.1% 5.1% 10.27%
2017 13.8% -28.5% 18.0% 5.76%
2016 25.2% 3.0% 58.5% 48.18%
2015 -3.8% -36.0% 3.0% 21.54%
2014 2.3% -35.0% 344.6% 54.61%

NAV & Total Return History

NDVBX - Holdings

Concentration Analysis

NDVBX Category Low Category High NDVBX % Rank
Net Assets 3.24 B 1.59 M 30 B 14.18%
Number of Holdings 110 23 1525 47.85%
Net Assets in Top 10 616 M 50.4 K 1.63 B 14.43%
Weighting of Top 10 20.27% 3.7% 253.5% 42.78%

Top 10 Holdings

  1. Premier Inc Class A 2.28%

  2. Owens-Corning Inc 2.19%

  3. KBR Inc 2.13%

  4. Graphic Packaging Holding Co 2.10%

  5. South Jersey Industries Inc 2.10%

  6. Portland General Electric Co 2.07%

  7. Black Hills Corp 2.06%

  8. Toll Brothers Inc 1.95%

  9. First Hawaiian Inc 1.73%

  10. Corporate Office Properties Trust 1.67%


Asset Allocation

Weighting Return Low Return High NDVBX % Rank
Stocks
98.85% 81.17% 100.00% 24.30%
Cash
1.15% -3.69% 19.22% 74.18%
Preferred Stocks
0.00% 0.00% 2.25% 74.94%
Other
0.00% -2.68% 8.66% 71.90%
Convertible Bonds
0.00% 0.00% 2.98% 73.92%
Bonds
0.00% -7.90% 3.05% 72.91%

Stock Sector Breakdown

Weighting Return Low Return High NDVBX % Rank
Financial Services
22.20% 0.00% 42.23% 76.20%
Industrials
14.87% 0.44% 37.64% 53.67%
Consumer Cyclical
14.67% 0.38% 58.13% 34.94%
Real Estate
12.40% 0.00% 17.84% 22.78%
Technology
9.56% 0.00% 29.66% 61.77%
Basic Materials
8.45% 0.00% 27.50% 21.01%
Utilities
6.99% 0.00% 10.81% 10.38%
Consumer Defense
4.73% 0.00% 11.58% 27.85%
Energy
4.14% 0.00% 18.56% 62.78%
Healthcare
0.85% 0.00% 18.07% 94.18%
Communication Services
0.00% 0.00% 3.82% 89.11%

Stock Geographic Breakdown

Weighting Return Low Return High NDVBX % Rank
US
93.34% 81.17% 99.90% 65.82%
Non US
5.51% 0.00% 16.88% 20.25%

NDVBX - Expenses

Operational Fees

NDVBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.04% 0.00% 140.80% 12.04%
Management Fee 0.86% 0.00% 1.25% 75.44%
12b-1 Fee 1.00% 0.00% 1.00% 94.86%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

NDVBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 4.00% 1.00% 5.00% 4.00%

Trading Fees

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

Turnover 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.

NDVBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 57.00% 4.08% 558.00% 51.79%

NDVBX - Distributions

Dividend Yield Analysis

NDVBX Category Low Category High NDVBX % Rank
Dividend Yield 0.00% 0.00% 4.51% 90.13%

Dividend Distribution Analysis

NDVBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

NDVBX Category Low Category High NDVBX % Rank
Net Income Ratio -0.48% -1.64% 2.21% 92.41%

Capital Gain Distribution Analysis

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

NDVBX - Managers

Kevin J. Schmitz

Manager

Start Date

Tenure

Tenure Rank

May 26, 2011

8.35

8.4%

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.


Tenure Analysis

Category Low

0.0

Category High

34.78

Category Average

7.73

Category Mode

0.28