Morgan Stanley Global Permanence R6 (MGKQX)
| Fund Assets | 4.42M |
| Expense Ratio | 0.95% |
| Min. Investment | $10,000,000 |
| Turnover | 62.00% |
| Dividend (ttm) | 2.43 |
| Dividend Yield | 16.27% |
| Dividend Growth | 270.10% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 14.74 |
| YTD Return | 30.65% |
| 1-Year Return | 33.60% |
| 5-Year Return | 87.89% |
| 52-Week Low | 10.83 |
| 52-Week High | 14.97 |
| Beta (5Y) | n/a |
| Holdings | 57 |
| Inception Date | Apr 30, 2019 |
About MGKQX
Morgan Stanley Institutional Fund Global Permanence Portfolio R6 is an open-end mutual fund designed to provide exposure to global large-cap growth equities. The portfolio focuses on investing primarily in established companies around the world, aiming to identify businesses with enduring business models and strong competitive advantages. Its holdings commonly span across sectors such as technology, healthcare, financial services, industrials, and consumer cyclicals, reflecting a diversified approach that seeks to capture growth opportunities wherever they arise. With a management team drawing on significant international and sector expertise, the fund employs a large growth investment style, targeting companies that demonstrate both resilience and the potential for long-term value creation. The R6 share class is tailored for institutional retirement plans and characterized by a competitive expense ratio relative to its peer group. A notable feature of the portfolio is its concentrated allocation to top holdings: as of the latest available data, approximately 57% of assets are held in its ten largest investments, including leading technology and healthcare firms. The fund’s profile is designed for investors seeking global diversification and exposure to high-quality growth enterprises within a single investment vehicle.
Performance
MGKQX had a total return of 33.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.26%.
Top 10 Holdings
61.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Cloudflare, Inc. | NET | 13.60% |
| Babcock International Group PLC | BAB | 6.59% |
| Royalty Pharma plc | RPRX | 6.57% |
| QXO, Inc. | QXO | 6.35% |
| Eurofins Scientific SE | ERF | 5.04% |
| Core & Main, Inc. | CNM | 4.90% |
| LandBridge Company LLC | LB | 4.70% |
| ASML Holding N.V. | ASML | 4.64% |
| Royal Gold, Inc. | RGLD | 4.56% |
| Canadian National Railway Company | CNR | 4.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $2.43094 | Dec 16, 2024 |
| Dec 15, 2023 | $0.65684 | Dec 15, 2023 |
| Dec 16, 2022 | $0.19461 | Dec 16, 2022 |
| Dec 17, 2021 | $2.24151 | Dec 17, 2021 |
| Dec 16, 2020 | $0.09915 | Dec 16, 2020 |