MFS New Discovery Fund (MNDIX)
The investment seeks capital appreciation. The fund normally invests the fund's assets primarily in equity securities. Equity securities include common stocks and other securities that represent an ownership interest (or right to acquire an ownership interest) in a company or other issuer. The advisor focuses on investing the fund's assets in the stocks of companies the advisor believes to have above average earnings growth potential compared to other companies (growth companies).
Fund Info
US5529835200
552983520
Jan 2, 1997
$0
Small-Cap
Growth
Expense Ratio
MNDIX has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MFS New Discovery Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MFS New Discovery Fund had a return of 5.62% year-to-date (YTD) and 8.32% in the last 12 months. Over the past 10 years, MFS New Discovery Fund had an annualized return of 2.25%, while the S&P 500 had an annualized return of 11.29%, indicating that MFS New Discovery Fund did not perform as well as the benchmark.
MNDIX
5.62%
2.29%
7.28%
8.32%
-1.01%
2.25%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MNDIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.06% | 5.62% | |||||||||||
| 2024 | -1.36% | 5.95% | 2.14% | -6.45% | 2.66% | 0.07% | 4.63% | -0.29% | -0.42% | -0.13% | 8.11% | -7.59% | 6.32% |
| 2023 | 10.70% | -2.34% | -1.03% | -0.37% | -3.93% | 8.11% | 3.93% | -4.17% | -6.05% | -6.40% | 7.78% | 9.36% | 14.30% |
| 2022 | -13.87% | -0.75% | -1.64% | -10.45% | -0.97% | -8.25% | 9.77% | -2.88% | -9.35% | 7.86% | 3.98% | -5.19% | -29.70% |
| 2021 | 1.66% | 1.37% | -2.02% | 4.92% | -1.50% | 4.15% | -0.31% | 3.58% | -4.41% | 3.93% | -7.48% | -18.25% | -15.65% |
| 2020 | 0.06% | -6.31% | -17.01% | 17.20% | 10.91% | 3.62% | 5.55% | 5.46% | -0.11% | 0.67% | 12.40% | 0.17% | 32.05% |
| 2019 | 11.19% | 8.36% | -0.03% | 4.82% | -4.92% | 9.39% | 2.04% | -3.90% | -1.18% | 1.23% | 6.13% | -3.73% | 31.60% |
| 2018 | 3.76% | -1.31% | 1.75% | 1.40% | 6.64% | 1.45% | 0.55% | 6.48% | -1.41% | -11.74% | 2.59% | -26.07% | -19.24% |
| 2017 | 2.87% | 2.12% | 1.06% | 2.89% | 0.95% | 0.56% | 1.24% | 1.78% | 3.69% | 2.62% | 3.28% | -8.15% | 15.33% |
| 2016 | -10.33% | -1.64% | 7.59% | 3.01% | 2.38% | 0.61% | 4.99% | 1.35% | 0.61% | -4.51% | 4.92% | -1.36% | 6.53% |
| 2015 | -4.45% | 8.89% | 1.69% | -2.12% | 2.86% | 2.63% | 0.55% | -6.27% | -6.84% | 3.42% | 1.90% | -3.01% | -1.88% |
| 2014 | -4.66% | 3.55% | -1.68% | -5.70% | -0.15% | 7.75% | -6.95% | 3.47% | -6.01% | 4.23% | -0.22% | 0.58% | -6.78% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MNDIX is 21, meaning it’s performing worse than 79% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MFS New Discovery Fund (MNDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MFS New Discovery Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.28% |
Monthly Dividends
The table displays the monthly dividend distributions for MFS New Discovery Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $1.82 | $1.82 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the MFS New Discovery Fund. 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 New Discovery Fund was 60.48%, occurring on Nov 20, 2008. Recovery took 350 trading sessions.
The current MFS New Discovery Fund drawdown is 33.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.48% | Oct 8, 2007 | 285 | Nov 20, 2008 | 350 | Apr 15, 2010 | 635 |
| -52.09% | Nov 5, 2021 | 154 | Jun 16, 2022 | — | — | — |
| -50.76% | Mar 27, 2000 | 742 | Mar 12, 2003 | 984 | Feb 7, 2007 | 1726 |
| -41.96% | Sep 4, 2018 | 387 | Mar 18, 2020 | 111 | Aug 25, 2020 | 498 |
| -34.75% | Jul 8, 2011 | 108 | Dec 8, 2011 | 188 | Sep 7, 2012 | 296 |
Volatility
Volatility Chart
The current MFS New Discovery Fund volatility is 4.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.