Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | EANDX Insights | EANDX Score | EANDX Performance | EANDX News | EANDX Allocation | EANDX Holdings Change

MFS New Discovery 529A (EANDX) Fund Ranking and Research

Ranking, Research and Recommendation of MFS New Discovery 529A (EANDX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of MFS New Discovery 529A Fund (EANDX) ManagerFund Manager - Michael Grossman

Fund Manager Information

Fund Manager Tenure: 5.9 years
Fund Family: MFS
Fund Category: Small Growth
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.49)     (What does this score mean?)

 

Graph of MFS New Discovery 529A Fund (EANDX) ProfileMFS New Discovery 529A Fund (EANDX) Profile

Fund Profile and Description

MFS New Discovery 529A Fund seeks capital appreciation. MFS New Discovery 529A Fund normally invests the assets primarily in equity securities. The portfolio invests in the stock of companies it believes to have above-average earnings growth potential compared to other companies. It may invest in companies of any size, while generally focusing on companies with small capitalizations. MFS New Discovery 529A Fund may invest in foreign securities and derivatives.

 

MFS New Discovery 529A (EANDX) Fund Strength What we like about MFS New Discovery 529A (EANDX) Fund

Data for MFS New Discovery 529A Fund (EANDX) as of May 30, 2016

  • MFS New Discovery 529A Fund (EANDX) management has been with MFS New Discovery 529A Fund for 5.9 years
  • MFS New Discovery 529A Fund (EANDX) ratio of up-years vs down years is greater than 2
  • Asset base in MFS New Discovery 529A Fund (EANDX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • MFS New Discovery 529A Fund (EANDX) has an annual stock turnover rate of 56.00% vs Small Growth average of 63.11%. It is good that MFS New Discovery 529A management does not trade extensively for its return.

MFS New Discovery 529A Fund (EANDX) Weakness What we are cautious about MFS New Discovery 529A (EANDX) Fund

Data for MFS New Discovery 529A Fund (EANDX) as of May 30, 2016

  • MFS New Discovery 529A Fund (EANDX) has a less-than-ideal short-term performance (1-year return -8.07% vs -7.74% Small Growth category median performance)
  • MFS New Discovery 529A Fund (EANDX) has a less-than-ideal mid-term performance (3-year return 2.47% vs 6.86% Small Growth category median performance)
  • MFS New Discovery 529A Fund (EANDX) has a less-than-ideal Long-term performance (5-year return 4.07% vs 7.01% Small Growth category median performance)
  • MFS New Discovery 529A Fund (EANDX) has a Morningstar rating of 3 and below
  • MFS New Discovery 529A Fund (EANDX) is less safe compared to its Small Growth peers
  • MFS New Discovery 529A Fund (EANDX) does not have a good risk adjusted return as its 3-year Alpha of -7.81 is worse than category average of -3.8, and its 3-year Sharpe ratio is 0.23
  • MFS New Discovery 529A Fund (EANDX) is more volatile than its peers as it has a 3-year Standard Deviation of 15.87 that is higher than category average of 15.82
  • MFS New Discovery 529A Fund (EANDX) has a higher expense ratio of 1.34% than its Small Growth average of 1.31%
  • MFS New Discovery 529A Fund (EANDX) carries a 5.75% load
See MFS New Discovery 529A Fund (EANDX) performance details as of May 30, 2016

 

What do you think?

 

Compare MFS New Discovery 529A Fund (EANDX)Compare with other top Small Growth category mutual funds

Aadditional top Small Growth mutual funds for your consideration

FundYear to Date1 Year3 year5 year
MFS New Discovery 529A-0.05-8.072.474.07
Thrivent Small Cap Stock A (AASMX)5.33-2.128.136.23Compare
Invesco Small Cap Growth A (GTSAX)2.31-6.349.449.20Compare
Brown Advisory Small-Cap Growth Inv (BIASX)1.441.9610.719.36Compare

See top fund managers for Small Growth Category Funds

 

Compare MFS New Discovery 529A Fund (EANDX)Compare with Small Growth category ETFs

Some Small Growth ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Small Cap Gr AlphaDEX ETF (FYC)2.08%0.72%8.41%
iShares S&P Small-Cap 600 Growth (IJT)3.38%0.39%10.55%
SPDR S&P 600 Small Cap Growth ETF (SLYG)3.30%0.18%10.49%
Vanguard S&P Small-Cap 600 Growth ETF (VIOG)2.78%0.08%10.38%
Vanguard Small-Cap Growth ETF (VBK)000

 

Graph of MFS New Discovery 529A Fund (EANDX) Net Asset TrackingMFS New Discovery 529A (EANDX) Fund Net Asset

Track net asset change of MFS New Discovery 529A fund (EANDX)

DateNet Asset
05/2016$1.17B
03/2016$1.15B
02/2016$1.09B
More historic net asset information on MFS New Discovery 529A Fund (EANDX)

  

Graph of MFS New Discovery 529A Fund (EANDX) Portfolio TrackingMFS New Discovery 529A (EANDX) Fund Portfolio Allocation

Track portfolio allocation change of MFS New Discovery 529A fund (EANDX)

DateCashStockBondOther
04/20163.55%96.45%0%0%
02/20163.43%95.7%0%0.87%
01/20162.94%96.31%0%0.75%
Click here to see more historic asset allocation information on MFS New Discovery 529A Fund (EANDX)

 

graph of MFS New Discovery 529A Fund (EANDX) Top 10 Position TrackingTop 10 Holdings in MFS New Discovery 529A (EANDX) Fund

Discover what MFS New Discovery 529A Fund (EANDX) manager is buying

Apr 29, 2016
Bright Horizons Family Solution [3.25%]
Masimo Corporation [2.04%]
Healthcare Services Group, Inc. [2.01%]
Sabre Corporation [1.94%]
STERIS plc Ordinary Shares [1.91%]
Gartner, Inc. Common Stock [1.76%]
SS&C Technologies Holdings, Inc [1.66%]
Berry Plastics Group, Inc. Comm [1.55%]
PerkinElmer, Inc. Common Stock [1.49%]
ServiceMaster Global Holdings, [1.46%]

Feb 28, 2016
Bright Horizons Family Solution [3.48%]
Gartner, Inc. Common Stock [2.45%]
Healthcare Services Group, Inc. [2.21%]
Masimo Corporation [2.06%]
Sabre Corporation [1.96%]
STERIS plc Ordinary Shares [1.87%]
Live Nation Entertainment, Inc. [1.83%]
SS&C Technologies Holdings, Inc [1.7%]
Nasdaq, Inc. [1.69%]
ServiceMaster Global Holdings, [1.55%]

Jan 30, 2016
Bright Horizons Family Solution [3.76%]
Gartner, Inc. Common Stock [2.84%]
Healthcare Services Group, Inc. [2.33%]
SS&C Technologies Holdings, Inc [2.2%]
Masimo Corporation [1.96%]
STERIS plc Ordinary Shares [1.86%]
Live Nation Entertainment, Inc. [1.85%]
Sabre Corporation [1.8%]
ServiceMaster Global Holdings, [1.69%]
Nasdaq, Inc. [1.61%]
Click here for Stock Holding Change Map in MFS New Discovery 529A Fund (EANDX)

  

Latest News on MFS New Discovery 529A (EANDX) Fund

See what is happening with MFS New Discovery 529A Fund (EANDX)

    No recent news

 

MFS New Discovery 529A Fund (EANDX) Related ResourcesSee more information on MFS New Discovery 529A (EANDX) Fund

Popular pages on MFS New Discovery 529A (EANDX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update