MEMNX Performance — Emerging Markets Debt Portfolio, Class I
Data updated: 2026-08-21
MEMNX returned +4.99% year to date and +14.81% over one year to Jun 2026. Annualised returns are +13.03% over 3 years and +3.83% over 5 years. The fund beat its International Intermediate Core Bond category average: $100 invested three years ago grew to $144, against $124 for the category, and to $115 over one year, against $107. Volatility over the past three years was 6.94% a year. In the 12 months to Jun 2026 the fund took in a net $12.6M, and assets reached $116.65M.
MEMNX Growth of $100
What $100 invested in Emerging Markets Debt Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Intermediate Core Bond category average over the same months.
| Period | MEMNX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $115 | $107 |
| 3 years (Jul 2023 – Jun 2026) | $144 | $124 |
| 5 years (Jul 2021 – Jun 2026) | $121 | $110 |
| Since data start (Jul 2019 – Jun 2026) | $130 | $115 |
MEMNX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.99% |
| 1 year | +14.81% |
| 3 years (annualised) | +13.03% |
| 5 years (annualised) | +3.83% |
MEMNX Annual Returns
Calendar-year total returns of Emerging Markets Debt Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.99% |
| 2025 | +15.31% |
| 2024 | +11.22% |
| 2023 | +11.83% |
| 2022 | −18.74% |
| 2021 | −2.04% |
| 2020 | +5.54% |
| 2019 (Jul–Dec) | +2.55% |
MEMNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.0% | +1.5% | −3.4% | +3.3% | +1.2% | +0.4% | — | — | — | — | — | — |
| 2025 | +2.4% | +2.3% | −1.6% | −1.8% | +1.1% | +3.0% | +1.3% | +1.8% | +1.6% | +2.1% | +1.1% | +1.1% |
| 2024 | +0.2% | +1.8% | +2.7% | −2.1% | +1.8% | +0.7% | +2.0% | +1.7% | +2.0% | −0.7% | +1.3% | −0.5% |
| 2023 | +4.5% | −3.4% | +0.2% | +0.2% | −0.4% | +3.3% | +1.6% | −1.7% | −2.3% | −1.4% | +5.7% | +5.6% |
| 2022 | −2.9% | −6.7% | +0.5% | −6.1% | −0.5% | −8.0% | +3.0% | −0.4% | −7.7% | −0.6% | +9.4% | +0.9% |
| 2021 | −1.0% | −2.2% | −1.2% | +2.4% | +0.9% | +0.5% | +0.5% | +0.9% | −2.0% | −0.3% | −2.2% | +1.7% |
| 2020 | +1.3% | −0.9% | −14.5% | +1.8% | +6.4% | +3.6% | +4.0% | +0.9% | −1.9% | 0.0% | +4.3% | +2.0% |
| 2019 | — | — | — | — | — | — | +1.2% | −0.3% | −0.7% | +0.7% | −0.3% | +1.9% |
MEMNX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.94%
- 3-year Sharpe ratio: 1.23 (vs 4.5% risk-free rate)
- Best month: +5.68% (Nov 2023)
- Worst month: −3.39% (Mar 2026)
MEMNX Fund Flows
Monthly money in and out of Emerging Markets Debt Portfolio, from SEC Form N-PORT.
- 12-month net flow: $12.6M
- 12-month gross sales (incl. reinvestments): $28.4M
- Sales ÷ redemptions: 1.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.7M | $1.3M | $411K |
| May 2026 | $2.9M | $790K | $2.1M |
| Apr 2026 | $322K | $1.2M | −$855K |
| Mar 2026 | $622K | $2.1M | −$1.5M |
| Feb 2026 | $1.3M | $1.4M | −$72K |
| Jan 2026 | $986K | $3.0M | −$2.0M |
| Dec 2025 | $1.3M | $992K | $267K |
| Nov 2025 | $1.1M | $514K | $557K |
| Oct 2025 | $289K | $1.8M | −$1.5M |
| Sep 2025 | $662K | $1.4M | −$724K |
| Aug 2025 | $720K | $449K | $271K |
| Jul 2025 | $16.6M | $998K | $15.6M |
MEMNX Assets Under Management
Net assets of Emerging Markets Debt Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $116.65M |
| 2026-03-31 | $109.61M |
| 2025-12-31 | $113.05M |
| 2025-09-30 | $108.97M |
| 2025-06-30 | $103.83M |
| 2025-03-31 | $108.69M |
| 2024-12-31 | $103.16M |
| 2024-09-30 | $106.38M |
| 2024-06-30 | $103.62M |
| 2024-03-31 | $106.27M |
| 2023-12-31 | $104.79M |
| 2023-09-30 | $98.86M |
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.