iMGP Global Select Institutional Class (MSEFX)
| Fund Assets | 93.50M |
| Expense Ratio | 0.98% |
| Min. Investment | $10,000 |
| Turnover | 81.79% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 7.26% |
| Dividend Growth | 75.56% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 11.96 |
| YTD Return | 2.07% |
| 1-Year Return | 3.33% |
| 5-Year Return | 36.30% |
| 52-Week Low | 10.44 |
| 52-Week High | 13.06 |
| Beta (5Y) | 1.04 |
| Holdings | 83 |
| Inception Date | Dec 31, 1996 |
About MSEFX
iMGP Global Select Fund is a diversified mutual fund designed to seek long-term capital appreciation through investments in both U.S. and non-U.S. equities. The fund utilizes a distinctive multi-manager approach, where multiple experienced sub-advisors independently manage portions of the portfolio, each focusing on their highest conviction stock selections, typically holding 10 to 25 securities each. This collaborative structure generally results in a concentrated portfolio of around 20 to 50 holdings, providing broad diversification across styles, sectors, and geographies. While the fund predominantly targets large-cap global equities, it maintains flexibility to adjust allocations between domestic and international stocks based on prevailing market conditions, often investing more than 25% in non-U.S. companies. The fund is not sector or region specific, allowing sub-advisors to adapt exposures according to their respective investment strategies and market outlooks. With a focus on long-term growth and a relatively low carbon risk profile, iMGP Global Select Fund serves as a core equity holding for investors seeking global diversification and the collective expertise of specialized managers.
Performance
MSEFX had a total return of 3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.23%.
Top 10 Holdings
28.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Visa Inc. | V | 4.77% |
| McKesson Corporation | MCK | 2.83% |
| Fiserv, Inc. | FI | 2.79% |
| CME Group Inc. | CME | 2.78% |
| Compass Group PLC | CPG | 2.63% |
| Markel Group Inc. | MKL | 2.61% |
| The Estée Lauder Companies Inc. | EL | 2.56% |
| Brookfield Corporation | BN | 2.44% |
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 2.43% |
| Novartis AG | NVSN.MX | 2.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.8627 | Dec 17, 2024 |
| Dec 19, 2023 | $0.4914 | Dec 19, 2023 |
| Dec 21, 2022 | $3.3209 | Dec 21, 2022 |
| Dec 21, 2021 | $3.060 | Dec 22, 2021 |
| Dec 22, 2020 | $2.3186 | Dec 22, 2020 |
| Dec 18, 2019 | $1.5914 | Dec 18, 2019 |