Morgan Stanley Institutional Fund Trust Discovery Portfolio (MACGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.42
+0.56 (3.32%)
May 29, 2026, 8:10 AM EST
Fund Assets816.02M
Expense Ratio1.03%
Min. Investment$1,000
Turnover88.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close16.86
YTD Return5.00%
1-Year Return6.41%
5-Year Return-25.94%
52-Week Low14.04
52-Week High19.38
Beta (5Y)1.40
Holdings48
Inception DateJan 31, 1997

About MACGX

Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A is an actively managed mutual fund focused on achieving long-term capital growth. The fund primarily invests in established and emerging U.S. mid-cap companies, targeting firms believed to possess sustainable competitive advantages, robust business visibility, strong balance sheets, and attractive risk/reward profiles. Positioned within the mid-cap growth category, the portfolio is notably concentrated in sectors such as information technology, consumer discretionary, and healthcare, demonstrating a preference for companies expected to deliver above-average earnings and sales growth. The fund’s investment strategy is supported by a seasoned management team with decades of industry experience, and its holdings reflect a bias toward innovation-driven and rapidly expanding companies. With a moderate portfolio turnover and a significant weighting in its top holdings, the Discovery Portfolio plays a significant role for investors seeking exposure to the dynamic segment of U.S. mid-cap growth equities, offering diversified access across select growth-oriented industries.

Fund Family Morgan Stanley
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol MACGX
Share Class Class A Shares
Index Russell MidCap Growth TR

Performance

MACGX had a total return of 6.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.52%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VMGRXVanguardVanguard Mid-Cap Growth Fund Investor Shares0.33%
FMDGXFidelityFidelity Mid Cap Growth Index Fund0.05%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MMCGXClass R60.63%
MPEGXClass I Shares0.75%
MSKLXClass L1.56%
MSMFXClass C1.78%

Top 10 Holdings

68.84% of assets
NameSymbolWeight
Cloudflare, Inc.NET14.25%
Roivant Sciences Ltd.ROIV9.92%
Royalty Pharma plcRPRX8.67%
QXO, Inc.QXO7.70%
DATABRICKS, INC. SERIES H PREFERRED SHARESn/a7.36%
Roblox CorporationRBLX4.70%
Aurora Innovation, Inc.AUR4.69%
Affirm Holdings, Inc.AFRM4.57%
Opendoor Technologies Inc.OPEN3.50%
IonQ, Inc.IONQ3.47%
View More Holdings