MMGTX Performance — Discovery Portfolio, Class II
Data updated: 2026-08-21
MMGTX returned +1.56% year to date and −5.56% over one year to Jun 2026. Annualised returns are +21.87% over 3 years and −6.64% over 5 years. Against its US Mid-Cap Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $181, against $152 for the category, and to $94 over one year, against $118. Volatility over the past three years was 29.16% a year. In the 12 months to Jun 2026 the fund lost a net $20.1M, and assets reached $191.67M.
MMGTX Growth of $100
What $100 invested in Discovery Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | MMGTX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $94 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $181 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $71 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $190 | $203 |
MMGTX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.56% |
| 1 year | −5.56% |
| 3 years (annualised) | +21.87% |
| 5 years (annualised) | −6.64% |
MMGTX Annual Returns
Calendar-year total returns of Discovery Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.56% |
| 2025 | +12.43% |
| 2024 | +41.73% |
| 2023 | +44.11% |
| 2022 | −62.98% |
| 2021 | −11.19% |
| 2020 | +152.03% |
| 2019 (Jul–Dec) | −1.86% |
MMGTX 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 | −5.4% | −1.0% | −5.0% | +10.0% | +9.4% | −5.1% | — | — | — | — | — | — |
| 2025 | +8.9% | −6.4% | −9.6% | +7.8% | +13.0% | +7.8% | +3.3% | −0.1% | +0.3% | +0.1% | −8.8% | −1.5% |
| 2024 | −8.4% | +13.2% | +3.8% | −10.5% | +0.5% | +3.3% | +2.2% | +6.5% | +5.9% | +7.7% | +20.9% | −5.6% |
| 2023 | +16.4% | −3.7% | +3.5% | −6.4% | +8.2% | +9.7% | +8.8% | −10.4% | −5.7% | −8.7% | +14.1% | +16.7% |
| 2022 | −21.5% | −1.8% | −5.3% | −22.7% | −17.8% | −7.3% | +13.7% | +0.5% | −11.5% | +0.3% | −5.7% | −9.9% |
| 2021 | +9.8% | +2.3% | −12.2% | +3.0% | −5.6% | +12.9% | −5.5% | +0.8% | −5.2% | +11.0% | −7.0% | −11.9% |
| 2020 | +6.9% | −0.8% | −12.2% | +24.0% | +21.8% | +14.6% | +14.0% | +5.9% | +3.8% | −1.3% | +20.3% | +5.3% |
| 2019 | — | — | — | — | — | — | +4.4% | −2.8% | −10.4% | +0.2% | +9.8% | −1.9% |
MMGTX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 29.16%
- 3-year Sharpe ratio: 0.60 (vs 4.5% risk-free rate)
- Best month: +20.87% (Nov 2024)
- Worst month: −10.55% (Apr 2024)
MMGTX Fund Flows
Monthly money in and out of Discovery Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$20.1M
- 12-month gross sales (incl. reinvestments): $20.1M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.1M | $3.2M | −$2.2M |
| May 2026 | $784K | $3.8M | −$3.0M |
| Apr 2026 | $1.3M | $2.3M | −$974K |
| Mar 2026 | $2.1M | $3.1M | −$1.0M |
| Feb 2026 | $1.6M | $3.3M | −$1.7M |
| Jan 2026 | $1.6M | $3.6M | −$2.0M |
| Dec 2025 | $2.5M | $2.9M | −$372K |
| Nov 2025 | $1.3M | $2.0M | −$757K |
| Oct 2025 | $2.0M | $4.7M | −$2.6M |
| Sep 2025 | $1.5M | $3.0M | −$1.5M |
| Aug 2025 | $1.5M | $3.8M | −$2.3M |
| Jul 2025 | $2.9M | $4.5M | −$1.6M |
MMGTX Assets Under Management
Net assets of Discovery Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $191.67M |
| 2026-03-31 | $173.25M |
| 2025-12-31 | $199.62M |
| 2025-09-30 | $225.54M |
| 2025-06-30 | $224.32M |
| 2025-03-31 | $175.47M |
| 2024-12-31 | $197.14M |
| 2024-09-30 | $170.13M |
| 2024-06-30 | $154.42M |
| 2024-03-31 | $173.07M |
| 2023-12-31 | $165.97M |
| 2023-09-30 | $138.80M |
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.