Morningstar

MFS New Discovery Fund Class R1 MNDGX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See MFS Investment Hub
  • NAV / 1-Day Return$18.12  /  −2.05%
  • Fund Size$2.0B
  • Adjusted Expense Ratio1.960%
  • Net Expense Ratio1.960%
  • Fee Level: DistributionHigh
  • Share Class TypeRetirement, Small
  • Morningstar CategorySmall Growth
  • Equity Style Box (Funds)Small Growth
  • Minimum Initial Investment$0
  • Investment StatusLimited
  • TTM Yield0.00%
  • Turnover Ratio95%
NAV and 1-Day Return as of

Morningstar’s Analysis MNDGX

Will MNDGX outperform in the 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 MNDGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MNDGX 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 MNDGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still a strong small-growth vehicle for the long haul.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

MFS New Discovery’s strengths remain intact, and it retains its Above Average People and Process Pillar ratings.

by William Samuel Rocco
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MNDGX

More MNDGX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

3.1865M
Cash and Equivalents

Ligand Pharmaceuticals Inc

2.6855M
Healthcare

CACI International Inc Class A

2.5853M
Technology

Merit Medical Systems Inc

2.0843M
Healthcare

Element Solutions Inc

1.7937M
Basic Materials

Moog Inc Class A

1.7636M
Industrials

The Chefs' Warehouse Inc

1.7436M
Consumer Defensive

Charles River Laboratories International Inc

1.7436M
Healthcare

Waystar Holding Corp

1.6634M
Healthcare

Finning International Inc

1.6333M
Industrials

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.