Morgan Stanley Global Permanence Portfolio Class I (MGKIX)
| Fund Assets | 3.80M |
| Expense Ratio | 1.00% |
| Min. Investment | $5,000,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 2.42 |
| Dividend Yield | 16.99% |
| Dividend Growth | 273.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 14.39 |
| YTD Return | 25.29% |
| 1-Year Return | 28.25% |
| 5-Year Return | 83.44% |
| 52-Week Low | 10.81 |
| 52-Week High | 14.52 |
| Beta (5Y) | 1.07 |
| Holdings | 55 |
| Inception Date | Apr 30, 2019 |
About MGKIX
Morgan Stanley Global Permanence Portfolio Class I is a mutual fund designed to provide long-term capital appreciation by investing primarily in equity securities of established companies worldwide. Focused on large-cap businesses that possess resilient competitive advantages, the fund seeks out firms believed to benefit from efficient scale, strong brands, and the ability to generate high free cash flow yields. The portfolio is actively managed by Counterpoint Global, employing a high-conviction, long-term approach that emphasizes rigorous bottom-up analysis, cross-disciplinary research into disruptive trends, and ongoing collaborative idea generation across industries. With a concentrated selection of holdings—typically around 60 companies—the fund offers exposure to diverse geographies and sectors, aiming to deliver differentiated performance distinct from standard benchmarks such as the MSCI All Country World Index. Morgan Stanley Global Permanence Portfolio Class I has a minimum investment threshold suitable for institutional investors and is positioned within the world large-stock growth category, highlighting its focus on global leaders with the potential for durable earnings growth and market resilience.
Performance
MGKIX had a total return of 28.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.81%.
Top 10 Holdings
53.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Cloudflare, Inc. | NET | 10.62% |
| Royalty Pharma plc | RPRX | 5.77% |
| Babcock International Group PLC | BAB | 4.94% |
| Canadian National Railway Company | CNR | 4.78% |
| Eurofins Scientific SE | ERF | 4.72% |
| Celsius Holdings, Inc. | CELH | 4.65% |
| ASML Holding N.V. | ASML | 4.56% |
| Floor & Decor Holdings, Inc. | FND | 4.49% |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne | MC | 4.42% |
| LandBridge Company LLC | LB | 4.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $2.42383 | Dec 16, 2024 |
| Dec 15, 2023 | $0.6497 | Dec 15, 2023 |
| Dec 16, 2022 | $0.19461 | Dec 16, 2022 |
| Dec 17, 2021 | $2.24151 | Dec 17, 2021 |
| Dec 16, 2020 | $0.09359 | Dec 16, 2020 |