Mirova International Megatrends Fund Class N (MRVNX)
| Fund Assets | 16.61M |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.47% |
| Dividend Growth | 27.93% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 13.83 |
| YTD Return | 15.97% |
| 1-Year Return | 12.65% |
| 5-Year Return | 39.47% |
| 52-Week Low | 11.38 |
| 52-Week High | 13.97 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Dec 28, 2018 |
About MRVNX
The Mirova International Megatrends Fund is an actively managed mutual fund that focuses on investing in international equities poised to benefit from significant global trends. Its primary objective is to offer long-term capital appreciation by selecting companies aligned with transformative themes such as demographic shifts, environmental sustainability, technological innovation, and governance improvements. A distinguishing feature of the fund is its stringent integration of environmental, social, and governance (ESG) criteria throughout the investment process, aiming to manage risks and support responsible business practices. This high-conviction, multi-thematic portfolio typically invests in a concentrated selection of around 50 stocks, emphasizing firms with strong financial structures and sustainable competitive advantages. The fund seeks to maximize exposure to companies that contribute positively to the United Nations Sustainable Development Goals, while systematically avoiding those whose activities may impede global sustainability objectives. By prioritizing these forward-looking themes and robust ESG integration, the Mirova International Megatrends Fund plays a key role in offering investors diversified access to international markets through companies positioned at the forefront of global change.
Performance
MRVNX had a total return of 12.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.68%.
Top 10 Holdings
39.37% of assets| Name | Symbol | Weight |
|---|---|---|
| SAP SE | SAP | 5.84% |
| Iberdrola, S.A. | IBE | 5.11% |
| L'Air Liquide S.A. | AI | 4.02% |
| KBC Group NV | KBC | 3.77% |
| ASML Holding N.V. | ASML | 3.58% |
| Shopify Inc. | SHOP | 3.55% |
| Legal & General Group Plc | LGEN | 3.49% |
| Adyen N.V. | ADYEN | 3.42% |
| Halma plc | HLMA | 3.31% |
| Symrise AG | SY1 | 3.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.2028 | Dec 24, 2024 |
| Apr 4, 2024 | $0.0038 | Apr 5, 2024 |
| Dec 27, 2023 | $0.1432 | Dec 28, 2023 |
| Apr 6, 2023 | $0.0183 | Apr 10, 2023 |
| Dec 27, 2022 | $0.3991 | Dec 28, 2022 |
| Dec 28, 2021 | $0.3363 | Dec 29, 2021 |