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Mirova Global Sustainable Equity Fund

mutual fund
ESGNX
Payout Change
Pending
Price as of:
$20.73 -0.05 -0.24%
primary theme
N/A
ESGNX (Mutual Fund)

Mirova Global Sustainable Equity Fund

Payout Change
Pending
Price as of:
$20.73 -0.05 -0.24%
primary theme
N/A
ESGNX (Mutual Fund)

Mirova Global Sustainable Equity Fund

Payout Change
Pending
Price as of:
$20.73 -0.05 -0.24%
primary theme
N/A

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.73

$1.03 B

0.05%

$0.01

0.89%

Vitals

YTD Return

14.5%

1 yr return

18.5%

3 Yr Avg Return

5.0%

5 Yr Avg Return

13.1%

Net Assets

$1.03 B

Holdings in Top 10

41.5%

52 WEEK LOW AND HIGH

$20.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.73

$1.03 B

0.05%

$0.01

0.89%

ESGNX - Profile

Distributions

  • YTD Total Return 14.5%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 13.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.24%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Mirova Global Sustainable Equity Fund
  • Fund Family Name
    Natixis Loomis Sayles Funds
  • Inception Date
    Mar 31, 2016
  • Shares Outstanding
    N/A
  • Share Class
    N
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jens Peers

Fund Description

Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in equity securities. Equity securities may include common stocks, preferred stocks, depositary receipts and real estate investment trusts (“REITs”). The Fund invests in securities of companies located in no fewer than three countries, which may include the U.S. Under normal circumstances, the Fund will invest a percentage of its assets in securities of companies located outside the U.S. equal to at least the lesser of 40% or the percentage of foreign issuers in the Fund’s benchmark, the MSCI World Index, less 5%. The percentage of the Fund’s investments in foreign securities is at least partially based on the composition of the Fund’s benchmark. As a result, the Fund’s exposure to securities of companies located outside the U.S. may fluctuate in connection with variations in the foreign exposure of the Fund’s benchmark. The Fund may invest up to 25% of its assets in securities of companies located in emerging markets. Emerging markets are economies that the Adviser believes are not generally recognized to be fully developed markets, as measured by gross national income, financial market infrastructure, market capitalization and/or other factors. The Fund may invest in growth and value companies of any size and may also invest in initial public offerings.
In making its investment decisions, the Adviser uses a bottom-up approach focused on individual companies, rather than focusing on specific themes, specific industries or economic factors. The Adviser applies a thematic approach to investment idea generation, identifying securities of companies that it believes offer solutions to the major transitions that our world is going through. These transitions include (i) demographics, such as an aging population, (ii) environmental issues, such as water scarcity, (iii) technological advances, such as cloud computing, and (iv) governance changes, such as the growing importance of corporate responsibility. The Adviser applies a Minimum Standards Policy, as described further in the “More About Goals and Strategies” section below, which sets forth criteria for specific exclusions that the Adviser will consider as part of its ESG analysis.
The Adviser may sell a security due to a deterioration in the company’s fundamental quality, a change in thematic exposure or impact relative to the United Nations’ Sustainable Development Goals, a controversy alert such as one relating to human rights, or if the Adviser believes the security has little potential for price appreciation or there is greater relative value in other securities in the Fund’s investment universe.
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ESGNX - Performance

Return Ranking - Trailing

Period ESGNX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -35.6% 29.2% 90.27%
1 Yr 18.5% 17.3% 252.4% 48.41%
3 Yr 5.0%* -3.5% 34.6% 9.49%
5 Yr 13.1%* 0.1% 32.7% 17.99%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period ESGNX Return Category Return Low Category Return High Rank in Category (%)
2023 17.9% -24.3% 957.1% 10.05%
2022 -25.9% -38.3% 47.1% 7.84%
2021 5.1% -54.2% 0.6% 15.88%
2020 31.5% -76.0% 54.1% N/A
2019 30.5% -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period ESGNX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -35.6% 29.2% 90.38%
1 Yr 18.5% 11.4% 252.4% 44.32%
3 Yr 5.0%* -3.5% 34.6% 8.88%
5 Yr 13.1%* 0.1% 32.7% 17.18%
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period ESGNX Return Category Return Low Category Return High Rank in Category (%)
2023 18.7% -24.3% 957.1% 10.05%
2022 -22.3% -33.1% 47.1% 7.84%
2021 18.2% -44.4% 1.8% 30.15%
2020 32.4% -6.5% 54.1% N/A
2019 33.0% -14.4% 47.8% N/A

NAV & Total Return History


ESGNX - Holdings

Concentration Analysis

ESGNX Category Low Category High ESGNX % Rank
Net Assets 1.03 B 199 K 133 B 35.64%
Number of Holdings 46 1 9075 60.79%
Net Assets in Top 10 472 M -18 M 37.6 B 30.07%
Weighting of Top 10 41.50% 9.1% 100.0% 31.92%

Top 10 Holdings

  1. Mastercard Inc 4.99%
  2. NVIDIA Corp 4.82%
  3. Microsoft Corp 4.73%
  4. Novo Nordisk A/S 4.63%
  5. eBay Inc 4.02%
  6. Eli Lilly Co 4.00%
  7. Thermo Fisher Scientific Inc 3.98%
  8. Ecolab Inc 3.86%
  9. Roper Technologies Inc 3.36%
  10. Taiwan Semiconductor Manufacturing Co Ltd 3.10%

Asset Allocation

Weighting Return Low Return High ESGNX % Rank
Stocks
98.26% 61.84% 125.47% 62.33%
Other
1.00% -13.98% 19.14% 61.56%
Cash
0.74% -174.70% 23.12% 33.59%
Preferred Stocks
0.00% -0.01% 5.28% 57.71%
Convertible Bonds
0.00% 0.00% 4.46% 52.42%
Bonds
0.00% -1.50% 161.67% 54.52%

Stock Sector Breakdown

Weighting Return Low Return High ESGNX % Rank
Healthcare
21.62% 0.00% 35.42% 16.08%
Financial Services
19.22% 0.00% 38.42% 21.92%
Technology
18.26% 0.00% 49.87% 70.04%
Consumer Cyclical
13.49% 0.00% 40.94% 58.70%
Utilities
10.20% 0.00% 29.12% 7.60%
Industrials
7.27% 0.00% 44.06% 29.30%
Basic Materials
6.10% 0.00% 38.60% 7.82%
Consumer Defense
2.19% 0.00% 73.28% 78.19%
Communication Services
1.65% 0.00% 57.66% 94.71%
Real Estate
0.00% 0.00% 39.48% 86.56%
Energy
0.00% 0.00% 21.15% 82.05%

Stock Geographic Breakdown

Weighting Return Low Return High ESGNX % Rank
US
65.81% 0.13% 103.82% 56.17%
Non US
32.45% 0.58% 99.46% 41.19%

ESGNX - Expenses

Operational Fees

ESGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.01% 44.27% 71.04%
Management Fee 0.80% 0.00% 1.82% 73.19%
12b-1 Fee 0.00% 0.00% 1.00% 5.99%
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

ESGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ESGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ESGNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 395.00% 7.22%

ESGNX - Distributions

Dividend Yield Analysis

ESGNX Category Low Category High ESGNX % Rank
Dividend Yield 0.05% 0.00% 3.26% 52.19%

Dividend Distribution Analysis

ESGNX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annually Annually Annually

Net Income Ratio Analysis

ESGNX Category Low Category High ESGNX % Rank
Net Income Ratio 0.24% -4.27% 12.65% 72.73%

Capital Gain Distribution Analysis

ESGNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Distributions History

View More +

ESGNX - Fund Manager Analysis

Managers

Jens Peers


Start Date

Tenure

Tenure Rank

Mar 31, 2016

6.17

6.2%

Jens Peers, CFA® – Global CIO Previously Head of Environmental Equities from Kleinwort Benson, Jens is a thematic investment expert with 15 years of experience (mainly in water, agribusiness, clean tech). Jens has considerable international experience and has extensive knowledge of consultants’ and clients’ needs. Jens is a frequent speaker at international conferences on environment, water and agricultural themes. He presented on the impact of unburnable carbon at the Carbon Tracker initiative in April 2013 in London (see http://www.carbontracker.org/testimonials); he also expressed his views for the green economy at the first Asian forum on Climate Change in Hong Kong in June 2013. Jens is a CFA® Charterholder.

Hua Cheng


Start Date

Tenure

Tenure Rank

Mar 31, 2016

6.17

6.2%

Hua Cheng, Ph.D., CFA®, Portfolio Manager Hua joined Natexis Asset Square in 2006 as a Fund of Fund Analyst on Global Emerging Markets & Asia Pacific and then had been Portfolio Manager at Natixis Multimanager and Vega Investment Managers for 7 years. Hua Cheng has published papers in academic economics and finances journals, including the European Economics Association (EEA) Annual Meetings. Hua Cheng has also given advice on the business development of Impact Hub Paris (http://www.impacthub.net/).Hua is a CFA Charterholder and holds a Ph.D. degree in Financial Economics from the University Paris Dauphine (France).

Amber Fairbanks


Start Date

Tenure

Tenure Rank

Nov 01, 2018

3.58

3.6%

Amber joined Mirova in October 2018 and serves as a co-portfolio manager on the Mirova Global Sustainable Equity strategy. Previously, she spent 11 years as a portfolio manager and analyst at Zevin Asset Management. Before Zevin, she worked as an analyst for J.L. Kaplan Associates, a division of Evergreen Investments, and for Delta Partners, L.L.C., a Boston based hedge fund. Amber has 18 years of industry experience. She received her MBA from Boston College and a BS in Environmental Science, Cum Laude, from University of Massachusetts. Amber Fairbanks is a CFA® Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25