MGGNX Performance — Mirova Global Green Bond Fund, Class N
Data updated: 2025-05-29
MGGNX returned +3.34% over one year to Mar 2025. Annualised returns are −0.17% over 3 years and +0.11% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $100, against $103 for the category, and to $103 over one year, against $105. Volatility over the past three years was 7.89% a year. In the 12 months to Mar 2025 the fund lost a net $6.5M, and assets reached $34.47M.
MGGNX Growth of $100
What $100 invested in Mirova Global Green Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | MGGNX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $103 | $105 |
| 3 years (Apr 2022 – Mar 2025) | $100 | $103 |
| 5 years (Apr 2020 – Mar 2025) | $101 | $104 |
| Since data start (Jul 2019 – Mar 2025) | $100 | $106 |
MGGNX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.34% |
| 3 years (annualised) | −0.17% |
| 5 years (annualised) | +0.11% |
MGGNX Annual Returns
Calendar-year total returns of Mirova Global Green Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +0.12% |
| 2024 | +2.87% |
| 2023 | +8.76% |
| 2022 | −16.43% |
| 2021 | −2.73% |
| 2020 | +7.88% |
| 2019 (Jul–Dec) | +1.73% |
MGGNX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.1% | +1.1% | −1.0% | — | — | — | — | — | — | — | — | — |
| 2024 | −0.7% | −0.8% | +1.2% | −1.6% | +0.5% | +0.8% | +2.0% | +0.7% | +1.3% | −1.0% | +1.9% | −1.3% |
| 2023 | +3.0% | −2.1% | +1.5% | +0.5% | −0.2% | −0.4% | +0.6% | 0.0% | −1.7% | +0.1% | +3.4% | +3.8% |
| 2022 | −1.9% | −2.7% | −1.5% | −3.7% | −1.5% | −3.8% | +4.5% | −4.5% | −4.4% | +0.4% | +4.2% | −2.5% |
| 2021 | −0.6% | −1.6% | +0.3% | −0.3% | −0.2% | +0.5% | +1.1% | −0.5% | −0.8% | −0.5% | +0.8% | −1.0% |
| 2020 | +2.3% | +0.9% | −5.4% | +3.4% | +0.2% | +1.6% | +2.1% | −0.5% | +0.8% | +0.5% | +1.5% | +0.5% |
| 2019 | — | — | — | — | — | — | +1.4% | +2.5% | −0.9% | −0.4% | −0.3% | −0.5% |
MGGNX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 7.89%
- 3-year Sharpe ratio: -0.59 (vs 4.5% risk-free rate)
- Best month: +4.54% (Jul 2022)
- Worst month: −4.45% (Aug 2022)
MGGNX Fund Flows
Monthly money in and out of Mirova Global Green Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$6.5M
- 12-month gross sales (incl. reinvestments): $9.1M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $231K | $3.7M | −$3.5M |
| Feb 2025 | $660K | $608K | $52K |
| Jan 2025 | $1.5M | $2.3M | −$811K |
| Dec 2024 | $2.3M | $1.9M | $337K |
| Nov 2024 | $466K | $1.6M | −$1.1M |
| Oct 2024 | $675K | $493K | $181K |
| Sep 2024 | $571K | $564K | $7K |
| Aug 2024 | $649K | $640K | $9K |
| Jul 2024 | $639K | $1.1M | −$477K |
| Jun 2024 | $258K | $374K | −$117K |
| May 2024 | $427K | $1.6M | −$1.2M |
| Apr 2024 | $739K | $709K | $30K |
MGGNX Assets Under Management
Net assets of Mirova Global Green Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $34.47M |
| 2024-12-31 | $38.69M |
| 2024-09-30 | $40.34M |
| 2024-06-30 | $39.21M |
| 2024-03-31 | $40.64M |
| 2023-12-31 | $39.25M |
| 2023-09-30 | $36.64M |
| 2023-06-30 | $36.91M |
| 2023-03-31 | $37.06M |
| 2022-12-31 | $36.30M |
| 2022-09-30 | $38.22M |
| 2022-06-30 | $38.89M |
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.