MFS International New Discovery Fund Class R6 (MIDLX)

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The chart shows the growth of an initial investment of $10,000 in MFS International New Discovery Fund Class R6, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

MFS International New Discovery Fund Class R6 (MIDLX) has returned -4.04% so far this year and 9.51% over the past 12 months. Over the last ten years, MIDLX has returned 6.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 1, 2012, MIDLX's average daily return is +0.03%, while the average monthly return is +0.65%. At this rate, your investment would double in approximately 8.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +11.6%, while the worst month was Mar 2020 at -15.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MIDLX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +5.8%, while the worst single day was Mar 12, 2020 at -9.7%.

MFS International New Discovery Fund Class R6 has an annualized alpha of -0.17%, beta of 0.61, and R² of 0.60 versus S&P 500 Index. Calculated based on daily prices since June 04, 2012.

• This fund participated in 87.16% of S&P 500 Index downside but only 69.10% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.61 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

MIDLX has an expense ratio of 0.91%, placing it in the medium range.

MIDLX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for MFS International New Discovery Fund Class R6 (MIDLX) and compare them to a chosen benchmark (S&P 500 Index).

MFS International New Discovery Fund Class R6 provided a 3.51% dividend yield over the last twelve months, with an annual payout of $1.14 per share.

The table displays the monthly dividend distributions for MFS International New Discovery Fund Class R6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the MFS International New Discovery Fund Class R6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MFS International New Discovery Fund Class R6 was 34.70%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current MFS International New Discovery Fund Class R6 drawdown is 11.75%.

The chart below shows the rolling one-month volatility.