Mirova Global Green Bond Fund Class Y
MGGYX
NASDAQ- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 888 Boylston Street Boston MA United States of America 2199
- IPO Date
- Feb 28, 2017
- CIK
- 0000770540
- Similar Companies
- Business
- Mirova Global Green Bond Fund (MGGYX) is a mutual fund that seeks total return through a combination of capital appreciation and current income by investing primarily in green bonds and sustainable bonds worldwide. The fund targets fixed-income securities that finance environmentally beneficial projects, including renewable energy, energy efficiency, sustainable transportation, pollution prevention, and environmental protection initiatives; it maintains a high-conviction portfolio emphasizing issuers with strong sustainability practices and transparent use-of-proceeds reporting. As a sub-fund of Mirova Funds, a Luxembourg-domiciled SICAV approved by the Luxembourg Commission for the Supervision of the Financial Sector, it operates in the global bond market with a focus on USD-hedged world bond strategies for institutional, distribution platform, and retail investors across Europe, North America, and Asia-Pacific. Launched in 2015 and managed by Mirova, an affiliate of Natixis Investment Managers headquartered in Paris, France, the fund pioneered investments in the green bond market, participating in early issuances as far back as 2012. Mirova, founded in 2012, oversees approximately $39 billion in assets as of mid-2025, with offices in Paris, London, Boston, Singapore, Nairobi, and Luxembourg, delivering sustainable investment solutions across equity, fixed income, infrastructure, and private assets. Recent developments include the release of the fund's 2024 Impact Report in April 2025, highlighting portfolio contributions to low-carbon transitions amid new regulations like the EU Green Bond Standard effective December 2024, which aligns with Mirova's emphasis on transparency and anti-greenwashing efforts. In May 2025, Mirova announced a strategic merger project with Thematics Asset Management, another Natixis affiliate, to create a global thematic management powerhouse combining impact investing with innovation, expected to close in Q4 2025 pending regulatory approval; this builds on prior expansions such as the 2022 acquisition of SunFunder for emerging market clean energy debt and 2023 launches of energy transition infrastructure and sustainable land use strategies. The fund continues to engage issuers on impact reporting and biodiversity, as detailed in its 2023 impact documentation, while navigating market growth in labeled bonds.