MIDHX Fees and Costs — MFS International New Discovery Fund, Class R3
Data updated: 2026-08-25
The net expense ratio is 1.28%: a 0.87% management fee, a 0.25% 12b-1 fee plus 0.17% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.1M in broker commissions, 0.0171% of average net assets, and portfolio turnover was 17%.
MIDHX Fees and Expenses
Annual operating expenses and sales charges of MIDHX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.28% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MIDHX Costs Over Time
On $10,000 invested in MIDHX, assuming 5% a year before costs, total costs come to $807 over 5 years, cutting the return by 1.36% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.28%) | $134 | $418 | $723 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $21 | $74 |
| Total costs | $136 | $445 | $807 |
| Value after costs | $10,364 | $11,132 | $11,956 |
| Impact on return, per year | 1.36% | 1.36% | 1.36% |
MIDHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0171%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $2.5M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $147.1M
- Net income from securities lending: $528K (0.008% of average net assets)
MIDHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $210K | 23.61% |
| J.P. Morgan Securities LLC | $147K | 16.57% |
| UBS Securities LLC | $133K | 14.94% |
| Morgan Stanley & Co. LLC | $93K | 10.41% |
| Jefferies LLC | $87K | 9.79% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $58K | 6.55% |
| Virtu Americas LLC | $54K | 6.11% |
| Liquidnet, Inc. | $49K | 5.46% |
| XP Investments US, LLC | $32K | 3.59% |
| Citigroup Global Markets Inc. | $26K | 2.98% |
MIDHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Clearstream Banking S.A. | $2.0M | 78.33% |
| J.P. Morgan Securities LLC | $543K | 21.67% |
MFS International New Discovery Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MIDLX | Class R6 | 0.91% | none |
| MIDJX | Class R4 | 1.03% | none |
| MWNIX | Class I | 1.03% | none |
| MIDAX | Class A | 1.28% | 5.75% |
| MIDHX | Class R3 | 1.28% | none |
| MIDRX | Class R2 | 1.53% | none |
| MIDBX | Class B | 2.03% | none |
| MIDCX | Class C | 2.03% | none |
| MIDGX | Class R1 | 2.03% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.