MLDAX Performance — Short Duration Income Portfolio, Class A
Data updated: 2024-05-29
MLDAX returned +5.18% over one year to Mar 2024. Over one year the fund trailed its Short-Term Corporate Bond category average: $100 grew to $105, against $107 for the category. Volatility over the past 12 months was 1.96% a year. In the 12 months to Mar 2024 the fund lost a net $174.1M, and assets reached $237.96M.
MLDAX Growth of $100
What $100 invested in Short Duration Income Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | MLDAX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $105 | $107 |
| 3 years (Apr 2021 – Mar 2024) | $102 | $104 |
| Since data start (Jul 2019 – Mar 2024) | $107 | $112 |
MLDAX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.18% |
3- and 5-year figures withheld: not verified.
MLDAX Annual Returns
Calendar-year total returns of Short Duration Income Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +1.00% |
| 2023 | +6.02% |
| 2022 | −4.43% |
| 2021 | −0.13% |
| 2020 | +3.15% |
| 2019 (Jul–Dec) | +1.40% |
MLDAX 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 | +0.6% | −0.1% | +0.5% | — | — | — | — | — | — | — | — | — |
| 2023 | +1.4% | −0.8% | +1.2% | +0.5% | −0.3% | −0.3% | +0.6% | +0.6% | 0.0% | +0.2% | +1.4% | +1.4% |
| 2022 | −0.9% | −0.8% | −1.3% | −0.7% | +0.2% | −1.0% | +0.6% | −0.4% | −1.4% | −0.6% | +1.1% | +0.5% |
| 2021 | +0.1% | +0.1% | −0.1% | +0.2% | +0.2% | −0.2% | +0.2% | 0.0% | −0.1% | −0.3% | −0.3% | 0.0% |
| 2020 | +0.6% | +0.4% | −4.4% | +2.3% | +1.4% | +1.2% | +0.6% | +0.2% | 0.0% | +0.1% | +0.4% | +0.2% |
| 2019 | — | — | — | — | — | — | +0.1% | +0.7% | −0.1% | +0.4% | −0.1% | +0.3% |
MLDAX Risk
Risk measures from monthly returns over Apr 2023 – Mar 2024.
- 1-year volatility (annualised): 1.96%
- Best month: +1.38% (Nov 2023)
- Worst month: −0.29% (May 2023)
MLDAX Fund Flows
Monthly money in and out of Short Duration Income Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$174.1M
- 12-month gross sales (incl. reinvestments): $54.7M
- Sales ÷ redemptions: 0.24×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $5.7M | $116.4M | −$110.7M |
| Feb 2024 | $4.6M | $8.0M | −$3.4M |
| Jan 2024 | $4.0M | $10.9M | −$6.8M |
| Dec 2023 | $4.8M | $18.3M | −$13.5M |
| Nov 2023 | $4.5M | $7.8M | −$3.3M |
| Oct 2023 | $2.9M | $6.0M | −$3.0M |
| Sep 2023 | $2.9M | $18.7M | −$15.8M |
| Aug 2023 | $5.8M | $5.4M | $382K |
| Jul 2023 | $5.1M | $10.8M | −$5.8M |
| Jun 2023 | $3.2M | $12.5M | −$9.3M |
| May 2023 | $7.0M | $7.5M | −$500K |
| Apr 2023 | $4.2M | $6.6M | −$2.4M |
MLDAX Assets Under Management
Net assets of Short Duration Income Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $237.96M |
| 2023-12-31 | $357.35M |
| 2023-09-30 | $369.92M |
| 2023-06-30 | $389.16M |
| 2023-03-31 | $404.29M |
| 2022-12-31 | $406.61M |
| 2022-09-30 | $415.15M |
| 2022-06-30 | $445.79M |
| 2022-03-31 | $418.47M |
| 2021-12-31 | $520.02M |
| 2021-09-30 | $581.42M |
| 2021-06-30 | $543.75M |
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.