MLNIX Performance — Global Concentrated Portfolio, Class I
Data updated: 2026-08-21
MLNIX returned +4.88% year to date and +10.55% over one year to Jun 2026. Annualised returns are +19.63% over 3 years and +9.87% over 5 years. Against its Global Large Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $171, against $156 for the category, and to $111 over one year, against $118. Volatility over the past three years was 16.17% a year. In the 12 months to Jun 2026 the fund took in a net $91.5M, and assets reached $416.39M.
MLNIX Growth of $100
What $100 invested in Global Concentrated Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | MLNIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $171 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $160 | $149 |
| Since data start (Jul 2019 – Jun 2026) | $246 | $204 |
MLNIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.88% |
| 1 year | +10.55% |
| 3 years (annualised) | +19.63% |
| 5 years (annualised) | +9.87% |
MLNIX Annual Returns
Calendar-year total returns of Global Concentrated Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.88% |
| 2025 | +17.58% |
| 2024 | +32.91% |
| 2023 | +18.43% |
| 2022 | −22.27% |
| 2021 | +17.82% |
| 2020 | +23.51% |
| 2019 (Jul–Dec) | +12.03% |
MLNIX 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 | +0.6% | −2.2% | −7.9% | +10.7% | +4.3% | +0.3% | — | — | — | — | — | — |
| 2025 | +3.3% | +1.7% | −6.4% | +1.4% | +7.5% | +4.2% | +1.9% | +2.8% | +3.0% | −2.0% | −1.6% | +1.3% |
| 2024 | +6.2% | +10.7% | +4.0% | −4.3% | +6.9% | +1.8% | −1.7% | +5.7% | −0.3% | +1.1% | +4.8% | −4.8% |
| 2023 | +12.4% | −3.2% | −2.3% | −0.3% | −2.3% | +9.4% | +1.5% | −4.2% | −5.1% | −1.1% | +10.9% | +3.2% |
| 2022 | −6.1% | −5.2% | −0.5% | −8.1% | −0.3% | −7.5% | +9.5% | −4.4% | −7.9% | −0.8% | +12.8% | −4.0% |
| 2021 | +1.6% | +3.6% | +0.1% | +5.0% | +0.2% | +0.2% | +0.7% | +1.4% | −3.5% | +7.2% | −1.4% | +1.9% |
| 2020 | −0.8% | −6.2% | −15.2% | +10.6% | +5.2% | +3.6% | +7.9% | +7.3% | −1.2% | +0.9% | +9.1% | +3.2% |
| 2019 | — | — | — | — | — | — | +1.8% | −0.5% | +0.4% | +2.9% | +3.6% | +3.4% |
MLNIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.17%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +10.86% (Nov 2023)
- Worst month: −7.93% (Mar 2026)
MLNIX Fund Flows
Monthly money in and out of Global Concentrated Portfolio, from SEC Form N-PORT.
- 12-month net flow: $91.5M
- 12-month gross sales (incl. reinvestments): $169.1M
- Sales ÷ redemptions: 2.18×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $4.9M | $12.3M | −$7.4M |
| May 2026 | $7.9M | $6.5M | $1.4M |
| Apr 2026 | $10.0M | $8.0M | $2.0M |
| Mar 2026 | $8.5M | $7.4M | $1.1M |
| Feb 2026 | $17.1M | $5.2M | $12.0M |
| Jan 2026 | $33.6M | $4.3M | $29.3M |
| Dec 2025 | $21.2M | $14.9M | $6.3M |
| Nov 2025 | $8.5M | $5.6M | $2.9M |
| Oct 2025 | $14.0M | $5.0M | $9.0M |
| Sep 2025 | $12.4M | $3.1M | $9.4M |
| Aug 2025 | $20.9M | $3.1M | $17.8M |
| Jul 2025 | $10.3M | $2.5M | $7.8M |
MLNIX Assets Under Management
Net assets of Global Concentrated Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $416.39M |
| 2026-03-31 | $362.88M |
| 2025-12-31 | $359.02M |
| 2025-09-30 | $355.50M |
| 2025-06-30 | $296.04M |
| 2025-03-31 | $262.35M |
| 2024-12-31 | $225.98M |
| 2024-09-30 | $210.55M |
| 2024-06-30 | $194.34M |
| 2024-03-31 | $152.30M |
| 2023-12-31 | $108.52M |
| 2023-09-30 | $96.61M |
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.