MFS New Discovery Value Fund Class A (NDVAX)

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

MFS New Discovery Value Fund Class A (NDVAX) has returned -1.08% so far this year and 6.99% over the past 12 months. Over the last ten years, NDVAX has returned 9.63% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 26, 2011, NDVAX's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, your investment would double in approximately 6.2 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +17.7%, while the worst month was Mar 2020 at -23.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.

On a daily basis, NDVAX closed higher 51% of trading days. The best single day was Dec 13, 2013 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -12.1%.

MFS New Discovery Value Fund Class A has an annualized alpha of -0.74%, beta of 1.03, and R² of 0.70 versus S&P 500 Index. Calculated based on daily prices since May 27, 2011.

• This fund participated in 110.65% of S&P 500 Index downside but only 104.00% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.03 and R² of 0.70, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

NDVAX has a high expense ratio of 1.21%, indicating above-average management fees.

NDVAX ranks 13 for risk / return — in the bottom 13% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

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

MFS New Discovery Value Fund Class A provided a 10.74% dividend yield over the last twelve months, with an annual payout of $1.76 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for MFS New Discovery Value Fund Class A. 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 New Discovery Value Fund Class A. 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 Value Fund Class A was 44.06%, occurring on Mar 23, 2020. Recovery took 179 trading sessions.

The current MFS New Discovery Value Fund Class A drawdown is 10.46%.

The chart below shows the rolling one-month volatility.