About MSTQX
Morningstar U.S. Equity Fund is a diversified mutual fund designed to deliver broad exposure to the U.S. equity market across various capitalizations and investment styles. The fund primarily seeks long-term capital appreciation by investing at least 80% of its assets in the equity securities of U.S.-domiciled companies, with the flexibility to allocate across large-cap, mid-cap, and small-cap stocks. Its investment style is classified as "Large Blend," reflecting a balanced approach between growth and value stocks, and it frequently holds positions in some of the most influential technology, consumer, and healthcare companies, such as Microsoft, Apple, NVIDIA, and Alphabet. The portfolio typically exhibits a high concentration in its top holdings, with over 30% of assets invested in its ten largest positions. Managed with an institutional share class structure, the fund emphasizes broad market representation, aiming to mirror the performance and sector diversity of the overall U.S. equities market. Since its inception in 2018, the fund has appealed to investors seeking straightforward, wide-reaching exposure to the U.S. stock market without a narrow sector or capitalization focus.
Fund Family Morningstar
Category Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol MSTQX
Share Class Institutional
Index Morningstar US Market Total Return TR USD
MSTQX had a total return of -5.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.29%.
