CLASS
|
TICKER SYMBOL
|
Class A
|
NDVAX
|
Class B
|
NDVBX
|
Class C
|
NDVCX
|
Class I
|
NDVIX
|
Class R1
|
NDVRX
|
Class R2
|
NDVSX
|
Class R3
|
NDVTX
|
Class R4
|
NDVUX
|
Class R6
|
NDVVX
|
Shareholder Fees (fees paid directly from your investment):
|
||||||||||||||||||||
|
Share Class
|
|
A
|
|
B
|
|
C
|
|
I
|
|
R1
|
|
R2
|
|
R3
|
|
R4
|
|
R6
|
|
|
Maximum Sales Charge (Load)
Imposed on Purchases (as a percentage of offering price) |
|
5.75%
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
|
Maximum Deferred Sales Charge (Load)
(as a percentage of original purchase price or redemption proceeds, whichever is less) |
|
1.00%#
|
|
4.00%
|
|
1.00%
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
None
|
|
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment):
|
|||||||||||||||||||||
|
Share Class
|
|
A
|
|
|
B
|
|
C
|
|
I
|
|
R1
|
|
R2
|
|
R3
|
|
R4
|
|
R6
|
|
|
Management Fee
|
|
0.80%
|
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
0.80%
|
|
|
Distribution and/or Service (12b-1) Fees
|
|
0.25%
|
|
|
1.00%
|
|
1.00%
|
|
None
|
|
1.00%
|
|
0.50%
|
|
0.25%
|
|
None
|
|
None
|
|
|
Other Expenses
|
|
0.14%
|
|
|
0.14%
|
|
0.14%
|
|
0.14%
|
|
0.14%
|
|
0.14%
|
|
0.14%
|
|
0.14%
|
|
0.04%
|
|
|
Total Annual Fund Operating Expenses
|
|
1.19%
|
|
|
1.94%
|
|
1.94%
|
|
0.94%
|
|
1.94%
|
|
1.44%
|
|
1.19%
|
|
0.94%
|
|
0.84%
|
|
|
Fee Reductions and/or Expense Reimbursements1
|
|
(0.01)%
|
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
(0.01)%
|
|
|
Total Annual Fund Operating Expenses After Fee Reductions and/or Expense Reimbursements
|
|
1.18%
|
|
|
1.93%
|
|
1.93%
|
|
0.93%
|
|
1.93%
|
|
1.43%
|
|
1.18%
|
|
0.93%
|
|
0.83%
|
|
# |
This contingent deferred sales charge (CDSC) applies to shares purchased without an initial sales charge and redeemed within 18 months of purchase.
|
1 |
Massachusetts Financial Services Company (MFS) has agreed in writing to waive at least 0.01% of the fund's management fee as part of an agreement pursuant to which MFS has agreed to reduce its management fee by a
specified amount if certain MFS mutual fund assets exceed thresholds agreed to by MFS and the fund's Board of Trustees. The agreement to waive at least 0.01% of the management fee will continue until modified by the fund's Board of Trustees,
but such agreement will continue until at least June 30, 2023.
|
|
|
|
1 YEAR
|
|
3 YEARS
|
|
5 YEARS
|
|
10 YEARS
|
|
|
Class A Shares
|
|
$688
|
|
$930
|
|
$1,191
|
|
$1,934
|
|
|
Class B Shares assuming1
|
|
|
|
|
|
|
|
|
|
|
redemption at end of period
|
|
$596
|
|
$908
|
|
$1,246
|
|
$2,069
|
|
|
no redemption at end of period
|
|
$196
|
|
$608
|
|
$1,046
|
|
$2,069
|
|
|
Class C Shares assuming1
|
|
|
|
|
|
|
|
|
|
|
redemption at end of period
|
|
$296
|
|
$608
|
|
$1,046
|
|
$2,069
|
|
|
no redemption at end of period
|
|
$196
|
|
$608
|
|
$1,046
|
|
$2,069
|
|
|
Class I Shares
|
|
$95
|
|
$299
|
|
$519
|
|
$1,154
|
|
|
Class R1 Shares
|
|
$196
|
|
$608
|
|
$1,046
|
|
$2,263
|
|
|
Class R2 Shares
|
|
$146
|
|
$455
|
|
$786
|
|
$1,723
|
|
|
Class R3 Shares
|
|
$120
|
|
$377
|
|
$653
|
|
$1,442
|
|
|
Class R4 Shares
|
|
$95
|
|
$299
|
|
$519
|
|
$1,154
|
|
|
Class R6 Shares
|
|
$85
|
|
$267
|
|
$465
|
|
$1,036
|
|
1 |
Shares automatically convert to Class A shares approximately eight years after purchase; therefore, the expense examples reflect Class A share expenses after eight years.
|
Average Annual Total Returns
|
||||||
(For the Periods Ended December 31, 2021)
|
|
Share Class
|
|
1 YEAR
|
|
5 YEARS
|
|
10 YEARS
|
|
|
Returns Before Taxes
|
|||||||
|
B Shares
|
|
28.49%
|
|
12.23%
|
|
13.99%
|
|
|
C Shares
|
|
31.47%
|
|
12.48%
|
|
14.00%
|
|
|
I Shares
|
|
33.74%
|
|
13.60%
|
|
14.97%
|
|
|
R1 Shares
|
|
32.42%
|
|
12.47%
|
|
13.82%
|
|
|
R2 Shares
|
|
33.14%
|
|
13.06%
|
|
14.41%
|
|
|
R3 Shares
|
|
33.44%
|
|
13.32%
|
|
14.70%
|
|
|
R4 Shares
|
|
33.75%
|
|
13.60%
|
|
14.98%
|
|
|
R6 Shares
|
|
33.97%
|
|
13.74%
|
|
15.08%
|
|
|
A Shares
|
|
25.78%
|
|
11.99%
|
|
14.00%
|
|
|
Returns After Taxes on Distributions
|
|
|
|
|
|
|
|
|
A Shares
|
|
22.68%
|
|
10.17%
|
|
12.14%
|
|
|
Returns After Taxes on Distributions and Sale of Fund Shares
|
|
|
|
|
|
|
|
|
A Shares
|
|
16.52%
|
|
8.90%
|
|
10.90%
|
|
|
Index Comparison (Reflects no deduction for fees, expenses, or taxes)
|
|
|
|
|
|
|
|
|
Russell 2000® Value Index
|
|
28.27%
|
|
9.07%
|
|
12.03%
|
|
Portfolio Manager
|
Since
|
Title
|
Richard Offen
|
2019
|
Investment Officer of MFS
|
Kevin Schmitz
|
2011
|
Investment Officer of MFS
|
Class
|
Initial Minimum
|
Subsequent Minimum
|
|
Class A, Class B, Class C
|
None – automatic
investment plans and certain asset-based fee programs
$25 – employer-sponsored
retirement plans
$250 – Traditional and
Roth IRAs
$1,000 – other accounts
|
$50 – by check and
non-systematic written exchange request, and via MFSC telephone representatives
None – other purchases
|
|
Class I, Class R1, Class R2, Class R3, Class R4, Class R6
|
None
|
None
|
1) |
Retirement plans other than traditional IRAs, SIMPLE IRAs, Roth IRAs, SEP plans, and SARSEP plans if the fund was offered or officially selected as an investment option by such plan (or any predecessor plan or other plan sponsored by the
same employer) as of the Closing Date;
|
2) |
Qualified tuition programs established under Section 529 of the Internal Revenue Code of 1986, as amended, if the fund was offered as an investment option by such program on the Closing Date;
|
3) |
Accounts maintained by a financial intermediary on its books for which investment decisions are determined by the financial intermediary's home office discretionary model portfolios that are controlled by a centralized group responsible
for creating such model portfolios and that included the fund as of the Closing Date (approved and recommended fund lists are not included within this exception); and
|
4) |
Investors approved by the fund, the fund's investment adviser, and the fund's distributor.
|