MFS International New Discovery still has a good team and other strengths, and its cheaper share classes retain their Morningstar Analyst Ratings of Silver, while its pricier share classes are rated Bronze. The strategy remains closed to most new investors.
MFS International New Discovery R3 MIDHX
NAV / 1-Day Return
33.62
/
1.09
%
Total Assets
7.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.290%
Expense Ratio
1.290%
Fee Level
Low
Longest Manager Tenure
17.07
years
Category
Foreign Small/Mid Growth
Investment Style
Mid BlendMin. Initial Investment
0
Status
Limited
TTM Yield
1.05%
Turnover
11%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MIDHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MIDHX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MIDHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MIDHX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Still appealing.
