About MXXIX
The Marsico Midcap Growth Focus Fund Investor Class is an open-end mutual fund designed to pursue long-term capital growth. The fund primarily invests in common stocks of mid-capitalization companies—those with market capitalizations comparable to constituents of the Russell Midcap Growth Index. Its strategy centers on selecting equities with strong long-term growth potential, resulting in a concentrated portfolio that typically holds between 35 and 50 stocks. This approach allows for focused exposure to growth-oriented firms across sectors, with recent significant allocations to technology, consumer cyclical, industrials, and communication services. The fund’s top holdings have included names like Chipotle Mexican Grill, Synopsys, KLA Corp, and Spotify Technology, illustrating its emphasis on innovative and high-growth businesses. Managed by Marsico Capital Management, the fund maintains a diversified structure while concentrating assets among select companies, as evidenced by a substantial proportion of assets in its top holdings. The fund plays a notable role in the mid-cap growth category, providing investors with targeted access to dynamic U.S. companies poised for expansion.
Fund Family Marsico Investment Fund
Category Mid-Cap Growth
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MXXIX
Share Class Investor Class
Index Russell MidCap Growth TR
MXXIX had a total return of 19.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.40%.
