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MFS New Discovery B (MNDBX)

15.17
-0.29
(-1.88%)
At close: 8:00 PM EST

Fund Summary

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).

MFS New Discovery B

Boston, MA 2199
111 Huntington Avenue, 24th Floor
1-800-637-2929

Fund Overview

Category Small Growth
Fund Family MFS
Net Assets 2.29B
YTD Return 5.60%
Yield 0.00%
Morningstar Rating
Inception Date Jun 01, 2012

Fund Operations

Last Dividend --
Last Cap Gain -15.00
Holdings Turnover 56.00%
Average for Category --

Fees & Expenses

Expense MNDBX Category Average
Annual Report Expense Ratio (net) 2.04% 1.21%
Prospectus Net Expense Ratio 2.04% --
Prospectus Gross Expense Ratio 2.05% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.40%
Max Deferred Sales Load -- 1.27%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Michael S. Grossman, Lead Manager since December 31, 2013
- Equity Portfolio Manager - Investment Officer - As an Equity Portfolio Manager, responsible for final buy and sell decisions, portfolio construction and risk and cash management. Participates in the research process and strategy discussions., . - Joined MFS in 2005; previous positions include Equity Research Analyst. - Previous experience includes 3 years as Equity Research Analyst at Essex Investment Management Co., LLC; 3 years as Investment Associate/Global Equity Research at Putnam Investments;. - Affiliations include CFA Institute, CFA Society of Boston,. - Boston College, MBA, Beta Gamma Sigma Society (top 10%) - University of Pennsylvania, BA, with distinction

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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