Morgan Stanley Global Permanence I (MGKIX)

Fund Assets	44.41M
Expense Ratio	1.00%
Min. Investment	$5,000,000
Turnover	86.00%
Dividend (ttm)	2.54
Dividend Yield	20.57%
Dividend Growth	4.87%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	12.64
YTD Return	4.91%
1-Year Return	-12.85%
5-Year Return	17.92%
52-Week Low	11.20
52-Week High	15.14
Beta (5Y)	1.04
Holdings	59
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.

• Fund Family: Morgan Stanley
• Category: World Large-Stock Growth
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MGKIX
• Share Class: Class I
• Index: MSCI AC World NR USD

Performance

MGKIX had a total return of -12.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.89%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MGKQX	Class R6	0.95%
MGKAX	Class A	1.35%
MGKCX	Class C	2.10%

Top 10 Holdings

55.21% of assets

Name	Symbol	Weight
Cloudflare, Inc.	NET	13.25%
Royalty Pharma plc	RPRX	8.64%
Canadian National Railway Company	CNR	4.68%
Eurofins Scientific SE	ERF	4.67%
QXO, Inc.	QXO	4.66%
MercadoLibre, Inc.	MELI	4.62%
Spotify Technology S.A.	SPOT	4.31%
Morgan Stanley InstlLqdty TrsSecs Instl	MSUXX	3.69%
Core & Main, Inc.	CNM	3.45%
Medline Inc.	MDLN	3.23%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$2.54189	Dec 16, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error