Mirova Global Sustainable Equity Fund Class Y
ESGYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 888 Boylston Street Boston MA United States of America 2199
- IPO Date
- Mar 31, 2016
- CIK
- 0000770540
- Website
- mirova.com
- Similar Companies
- Business
- Mirova Global Sustainable Equity Fund Class Y (ESGYX) is an open-end mutual fund managed by Mirova US LLC, an affiliate of Natixis Investment Managers, that seeks long-term capital appreciation through a high-conviction, all-cap global equity strategy integrating sustainability considerations. Launched on March 31, 2016, the fund invests at least 80% of its assets in equity securities, including common stocks, preferred stocks, depositary receipts, and real estate investment trusts, of companies located in no fewer than three countries worldwide, with significant exposure to issuers outside the U.S. equal to at least the lesser of 40% or the percentage of foreign issuers in the MSCI World Index less 5%; it targets companies benefiting from long-term transitions in demographics (aging population, urbanization, growing middle class), technology (data proliferation, AI, automation, digitalization), environment (low-carbon economy, resource efficiency), and governance (innovation, fairness, infrastructure). The fund emphasizes material environmental, social, and governance (ESG) indicators aligned with the United Nations Sustainable Development Goals, employing a multi-thematic approach with concentrated portfolios of high-quality firms exhibiting strong competitive advantages, solid financials, and resilient business models; as an Article 9 product under SFDR, it maintains the highest sustainable classification via proprietary in-house research assessing both financial ESG implications and environmental/social impacts. Headquartered in Paris, France, with operations across Europe, North America, Asia-Pacific, and Africa through Mirova's global presence in London, Boston, Nairobi, Singapore, and Luxembourg, the fund serves institutional, distribution platform, and retail investors seeking global large-stock growth exposure with sustainability focus; it reports total net assets of approximately $1 billion, an adjusted expense ratio of 0.95%, and low turnover of 23%. Recent developments include surpassing $1 billion in assets under management in 2021, a 2024 scheme of arrangement merging the TM Natixis Mirova Global Sustainable Equity Fund into a Mirova Funds sub-fund sharing the same investment manager and approach, and parent firm Mirova's strategic announcements in 2025 such as consolidating real assets expertise into a dedicated platform effective January 1, a merger project with Thematics AM to lead thematic management, launch of the Mirova Research Center with academic partnerships at Columbia University and ENSAE Paris, and fundraising progress on its Energy Transition 6 fund reaching €1.2 billion at second close targeting €2 billion overall.