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Morningstar

MFS New Discovery R6 MNDKX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 31.29  /  +1.07 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield —
  • Turnover 60%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis MNDKX

Will MNDKX 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 MNDKX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Despite recent struggles, still a good option.

Senior Analyst Jack Shannon

Jack Shannon

Senior Analyst

Summary

MFS New Discovery remains a solid option for investors looking for small-cap growth exposure. Its seasoned manager steadily executes a well-thought-out approach. Recent performance has disappointed, but over the long run, it is still a compelling choice.

by Jack Shannon
Rated on Published on

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Portfolio Holdings MNDKX

More MNDKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

4.03 92.7 Mil
Cash and Equivalents

CACI International Inc Class A

2.15 49.5 Mil
Technology

Summit Materials Inc Class A

2.07 47.7 Mil
Basic Materials

GFL Environmental Inc

2.03 46.7 Mil
Industrials

Crane Co

1.96 45.1 Mil
Industrials

nVent Electric PLC

1.93 44.5 Mil
Industrials

US Foods Holding Corp

1.88 43.3 Mil
Consumer Defensive

RB Global Inc

1.82 42.0 Mil
Industrials

TechnipFMC PLC

1.77 40.7 Mil
Energy

Five9 Inc

1.74 40.1 Mil
Technology