VY® Morgan Stanley Global Franchise Portfolio Class S2 (IGFSX)
| Fund Assets | 282.78M |
| Expense Ratio | 1.35% |
| Min. Investment | $0.00 |
| Turnover | 32.00% |
| Dividend (ttm) | 1.58 |
| Dividend Yield | 9.69% |
| Dividend Growth | 23.14% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Jul 15, 2024 |
| Previous Close | 16.47 |
| YTD Return | 6.25% |
| 1-Year Return | 10.82% |
| 5-Year Return | 44.31% |
| 52-Week Low | 14.43 |
| 52-Week High | 16.53 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | n/a |
About IGFSX
The VY Morgan Stanley Global Franchise Portfolio Class S2 is an open-ended mutual fund focused on long-term capital appreciation through global equity investments. This fund primarily invests in shares of large, high-quality companies across developed and emerging markets. Its management emphasizes businesses with strong, hard-to-replicate intangible assets—such as powerful brands, licenses, or networks—that offer sustainable competitive advantages and recurring revenue streams. The portfolio has a bias toward large-cap and giant-cap stocks, typically representing market leaders with pricing power, robust free cash flows, and resilient earnings profiles. Classified within the global large-stock blend category, the fund maintains broad geographic and sector diversification, allocating a significant portion to U.S. securities alongside international exposure. With a multi-manager approach, it aims to mitigate downside risk while participating in global growth opportunities. The fund’s strategy is distinguished by its focus on quality compounders, striving for both capital preservation in weak markets and consistent long-term performance. It serves as a core holding for investors seeking diversified exposure to prominent global franchises with defensible market positions.
Performance
IGFSX had a total return of 10.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.64%.
Top 10 Holdings
46.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.20% |
| SAP SE | SAP | 6.88% |
| Visa Inc. | V | 6.55% |
| Aon plc | AON | 4.35% |
| OR Royalties Inc. | OR | 4.23% |
| Accenture plc | ACN | 3.76% |
| Arthur J. Gallagher & Co. | AJG | 3.32% |
| The Coca-Cola Company | KO | 3.31% |
| The Procter & Gamble Company | PG | 3.28% |
| UnitedHealth Group Incorporated | UNH | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 15, 2024 | $1.5807 | Jul 16, 2024 |
| Jul 13, 2023 | $1.2837 | Jul 14, 2023 |
| Jul 13, 2022 | $1.5591 | Jul 14, 2022 |
| Jul 13, 2021 | $1.7146 | Jul 14, 2021 |
| Jul 13, 2020 | $1.4726 | Jul 14, 2020 |
| Jul 12, 2019 | $1.9172 | Jul 15, 2019 |