MNDKX Fees and Costs — MFS New Discovery Fund, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.85%: a 0.85% management fee plus 0.06% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.0630% of average net assets, and portfolio turnover was 68%.
MNDKX Fees and Expenses
Annual operating expenses and sales charges of MNDKX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.91% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.85% |
| 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 |
MNDKX Costs Over Time
On $10,000 invested in MNDKX, assuming 5% a year before costs, total costs come to $572 over 5 years, cutting the return by 0.96% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $7 | $21 | $36 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $572 |
| Value after costs | $10,404 | $11,262 | $12,191 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
MNDKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0630%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $78.1M
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $17.1M
- Net income from securities lending: $615K (0.029% of average net assets)
MNDKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JonesTrading Institutional Services LLC | $259K | 22.97% |
| Jefferies LLC | $178K | 15.78% |
| J.P. Morgan Securities LLC | $169K | 14.94% |
| Goldman Sachs & Co. LLC | $152K | 13.47% |
| TD Securities (USA) LLC | $105K | 9.31% |
| BMO Capital Markets Corp. | $79K | 7.04% |
| BofA Securities, Inc. | $64K | 5.65% |
| Morgan Stanley & Co. LLC | $52K | 4.57% |
| UBS Securities LLC | $41K | 3.59% |
| Citigroup Global Markets Inc. | $30K | 2.67% |
MNDKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $18.1M | 23.14% |
| BofA Securities, Inc. | $13.9M | 17.79% |
| J.P. Morgan Securities LLC | $11.5M | 14.76% |
| Citigroup Global Markets Inc. | $11.5M | 14.74% |
| UBS Securities LLC | $6.6M | 8.40% |
| Jefferies LLC | $6.3M | 8.05% |
| Morgan Stanley & Co. LLC | $5.6M | 7.17% |
| BNY Capital Markets, LLC | $4.6M | 5.94% |
MFS 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 |
|---|---|---|---|
| MNDKX | Class R6 | 0.85% | none |
| MNDIX | Class I | 0.96% | none |
| MNDJX | Class R4 | 0.96% | none |
| MNDAX | Class A | 1.21% | 5.75% |
| MNDHX | Class R3 | 1.21% | none |
| MNDRX | Class R2 | 1.46% | none |
| MNDBX | Class B | 1.96% | none |
| MNDCX | Class C | 1.96% | none |
| MNDGX | Class R1 | 1.96% | 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.