MFBVX Performance — Mesirow Enhanced Core Plus Fund, Investor Shares
Data updated: 2025-02-28
MFBVX returned +2.63% over one year to Dec 2024. Annualised returns are −1.41% over 3 years and +0.53% over 5 years. The fund beat its Long-Term Corporate Bond category average: $100 invested three years ago grew to $96, against $89 for the category, and to $103 over one year, against $102. Volatility over the past three years was 7.98% a year. In the 12 months to Dec 2024 the fund lost a net $4.1M, and assets reached $13.72M.
MFBVX Growth of $100
What $100 invested in Mesirow Enhanced Core Plus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Corporate Bond category average over the same months.
| Period | MFBVX | Category average |
|---|---|---|
| 1 year (Jan 2024 – Dec 2024) | $103 | $102 |
| 3 years (Jan 2022 – Dec 2024) | $96 | $89 |
| 5 years (Jan 2020 – Dec 2024) | $103 | $98 |
MFBVX Trailing Returns
Total returns to Dec 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.63% |
| 3 years (annualised) | −1.41% |
| 5 years (annualised) | +0.53% |
MFBVX Annual Returns
Calendar-year total returns of Mesirow Enhanced Core Plus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 | +2.63% |
| 2023 | +7.18% |
| 2022 | −12.87% |
| 2021 | −1.13% |
| 2020 | +8.34% |
MFBVX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +1.2% | −1.0% | −0.2% | +0.8% | +1.5% | −2.3% | +1.3% | +1.9% | +2.0% | −1.2% | +1.4% | −2.6% |
| 2023 | +1.9% | −2.6% | +3.8% | +0.6% | −1.2% | +0.6% | −1.9% | −0.5% | +0.2% | +3.8% | +4.3% | −1.9% |
| 2022 | −2.3% | −1.9% | −2.5% | −3.6% | 0.0% | −3.6% | −4.2% | −1.8% | +4.0% | −0.4% | +3.1% | −0.1% |
| 2021 | −1.4% | −1.3% | −0.9% | +0.9% | +0.5% | +1.1% | −0.5% | 0.0% | +0.8% | +0.4% | −0.4% | −0.3% |
| 2020 | −7.0% | +1.1% | +1.4% | +1.5% | +1.8% | +3.9% | −0.5% | −0.1% | +3.2% | +1.0% | +2.4% | −0.3% |
MFBVX Risk
Risk measures from monthly returns over Jan 2022 – Dec 2024.
- 3-year volatility (annualised): 7.98%
- 3-year Sharpe ratio: -0.74 (vs 4.5% risk-free rate)
- Best month: +4.34% (Nov 2023)
- Worst month: −4.21% (Jul 2022)
MFBVX Fund Flows
Monthly money in and out of Mesirow Enhanced Core Plus Fund, from SEC Form N-PORT.
- 12-month net flow: −$4.1M
- 12-month gross sales (incl. reinvestments): $2.0M
- Sales ÷ redemptions: 0.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2024 | $0 | $137K | −$137K |
| Nov 2024 | $0 | $0 | $0 |
| Oct 2024 | $54K | $578K | −$524K |
| Sep 2024 | $630K | $92K | $538K |
| Aug 2024 | $0 | $5.0M | −$5.0M |
| Jul 2024 | $493K | $5K | $489K |
| Jun 2024 | $290 | $0 | $290 |
| May 2024 | $0 | $0 | $0 |
| Apr 2024 | $283K | $52K | $232K |
| Mar 2024 | $13K | $0 | $13K |
| Feb 2024 | $483K | $34K | $449K |
| Jan 2024 | $48K | $179K | −$131K |
MFBVX Assets Under Management
Net assets of Mesirow Enhanced Core Plus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-12-31 | $13.72M |
| 2024-09-30 | $14.92M |
| 2024-06-30 | $18.14M |
| 2024-03-31 | $18.09M |
| 2023-12-31 | $17.94M |
| 2023-09-30 | $17.00M |
| 2023-06-30 | $17.29M |
| 2023-03-31 | $17.29M |
| 2022-12-31 | $15.98M |
| 2022-09-30 | $15.67M |
| 2022-06-30 | $18.86M |
| 2022-03-31 | $21.25M |
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.