MFS New Discovery's skilled and well-resourced manager continues to execute well, lifting the Morningstar Analyst Rating of the strategy’s cheapest shares to Silver. Its pricier shares remain Bronze.
MFS New Discovery B MNDBX
NAV / 1-Day Return
26.49
/
2.83
%
Total Assets
2.9 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.
2.030%
Expense Ratio
2.030%
Fee Level
Below Average
Longest Manager Tenure
7.17
years
Category
Small Growth
Investment Style
Small GrowthMin. Initial Investment
1,000
Status
Closed
TTM Yield
0.00%
Turnover
64%
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 MNDBX 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 MNDBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MNDBX 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 MNDBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This strategy can deliver.
