Global Permanence Portfolio
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.8%
1 yr return
11.9%
3 Yr Avg Return
3.9%
5 Yr Avg Return
N/A
Net Assets
$6.23 M
Holdings in Top 10
56.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 7.63%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MGKIX - Profile
Distributions
- YTD Total Return 5.8%
- 3 Yr Annualized Total Return 3.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.04%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGlobal Permanence Portfolio
-
Fund Family NameMorgan Stanley Funds
-
Inception DateApr 30, 2019
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlexander Norton
Fund Description
MGKIX - Performance
Return Ranking - Trailing
Period | MGKIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -35.6% | 29.2% | 31.99% |
1 Yr | 11.9% | 17.3% | 252.4% | 36.59% |
3 Yr | 3.9%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | MGKIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.8% | -24.3% | 957.1% | 19.39% |
2022 | -21.3% | -38.3% | 47.1% | N/A |
2021 | 2.3% | -54.2% | 0.6% | N/A |
2020 | 26.2% | -76.0% | 54.1% | N/A |
2019 | N/A | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
Period | MGKIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -35.6% | 29.2% | 32.77% |
1 Yr | 11.9% | 11.4% | 252.4% | 33.18% |
3 Yr | 3.9%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MGKIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | -24.3% | 957.1% | 19.39% |
2022 | -19.9% | -33.1% | 47.1% | N/A |
2021 | 19.7% | -44.4% | 1.8% | N/A |
2020 | 27.1% | -6.5% | 54.1% | N/A |
2019 | N/A | -14.4% | 47.8% | N/A |
NAV & Total Return History
MGKIX - Holdings
Concentration Analysis
MGKIX | Category Low | Category High | MGKIX % Rank | |
---|---|---|---|---|
Net Assets | 6.23 M | 199 K | 133 B | 98.90% |
Number of Holdings | 48 | 1 | 9075 | 70.70% |
Net Assets in Top 10 | 3.53 M | -18 M | 37.6 B | 97.80% |
Weighting of Top 10 | 56.67% | 9.1% | 100.0% | 23.80% |
Top 10 Holdings
- Cloudflare Inc 11.40%
- Royalty Pharma PLC 6.46%
- Intercontinental Exchange Inc 5.79%
- Amazon.com Inc 5.43%
- Rentokil Initial PLC 5.37%
- Eurofins Scientific SE 5.31%
- Canadian National Railway Co 4.94%
- Floor Decor Holdings Inc 4.34%
- Victoria PLC 4.12%
- Christian Dior SE 3.51%
Asset Allocation
Weighting | Return Low | Return High | MGKIX % Rank | |
---|---|---|---|---|
Stocks | 97.51% | 61.84% | 125.47% | 79.85% |
Cash | 2.39% | -174.70% | 23.12% | 39.98% |
Other | 0.10% | -13.98% | 19.14% | 4.74% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 88.22% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 87.44% |
Bonds | 0.00% | -1.50% | 161.67% | 88.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MGKIX % Rank | |
---|---|---|---|---|
Technology | 23.62% | 0.00% | 49.87% | 81.72% |
Industrials | 16.45% | 0.00% | 44.06% | 5.95% |
Healthcare | 15.51% | 0.00% | 35.42% | 24.12% |
Consumer Cyclical | 15.15% | 0.00% | 40.94% | 27.75% |
Financial Services | 12.47% | 0.00% | 38.42% | 80.84% |
Consumer Defense | 6.81% | 0.00% | 73.28% | 42.73% |
Basic Materials | 4.26% | 0.00% | 38.60% | 3.30% |
Communication Services | 2.65% | 0.00% | 57.66% | 91.41% |
Energy | 1.59% | 0.00% | 21.15% | 96.59% |
Real Estate | 1.48% | 0.00% | 39.48% | 7.93% |
Utilities | 0.00% | 0.00% | 29.12% | 98.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MGKIX % Rank | |
---|---|---|---|---|
US | 64.24% | 0.13% | 103.82% | 83.59% |
Non US | 33.27% | 0.58% | 99.46% | 17.07% |
MGKIX - Expenses
Operational Fees
MGKIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 7.63% | 0.01% | 44.27% | 2.74% |
Management Fee | 0.80% | 0.00% | 1.82% | 77.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.76% | 55.70% |
Sales Fees
MGKIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MGKIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MGKIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 0.00% | 395.00% | 91.17% |
MGKIX - Distributions
Dividend Yield Analysis
MGKIX | Category Low | Category High | MGKIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.14% | 0.00% | 3.26% | 87.75% |
Dividend Distribution Analysis
MGKIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
MGKIX | Category Low | Category High | MGKIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.04% | -4.27% | 12.65% | 85.34% |
Capital Gain Distribution Analysis
MGKIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
MGKIX - Fund Manager Analysis
Managers
Alexander Norton
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Alexander Norton is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2000 and has been with financial industry since 1995. Prior to joining the firm, Alex was an associate in equity derivative sales and later an associate in equity research at Donaldson, Lufkin & Jenrette. Previously, he was a bond broker with Cantor Fitzgerald. Alex received a B.A. in history from the University of Pennsylvania and an M.B.A. in finance from Columbia Business School.
Jason Yeung
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Jason Yeung is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has been with financial industry since 1997. Jason joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Jason was a senior research analyst at Ramius Capital Group. Previously, he was an equity research associate at Deutsche Bank. Jason received a B.A., Phi Beta Kappa, in international relations from Johns Hopkins University and an M. Phil. in international relations from the University of Cambridge. He holds the Chartered Financial Analyst designation.
Armistead Nash
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Armistead Nash is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has has been with financial industry since 2000. Armistead joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Armistead was an associate in investment product development at BlackRock Financial Management. Previously, he was a research analyst in high-yield research at KEA Capital. Armistead received a B.A. in history from the University of Virginia and an M.B.A. from the University of Virginia's Darden School of Business Administration.
Manas Gautam
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Mr. Gautam has been associated with Stanley Investment Management Inc. in an investment management capacity since 2015 and has six years of investment experience. Prior to joining Stanley Investment Management, Mr. Gautam was an associate at Osmium Partners and served as a Board Observer at Spark Networks, Inc. In addition, Mr. Gautam was previously a research analyst at a family office and a research intern at Lane Five Capital Management.
Dennis Lynch
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Dennis is the Head of the Counterpoint Global team at Morgan Stanley Investment Management. He joined Morgan Stanley in 1998 and has been with financial industry since 1994. Prior to joining the firm, he worked as a sell-side analyst for J.P. Morgan Securities. Dennis received a B.A. in political science from Hamilton College and an M.B.A. with honors in finance from Columbia University.
David Cohen
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Dave Cohen is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1993 and has has been with financial industry since 1988. Dave joined the team as an investor in 1999. Prior to joining the firm, Dave was a senior fund accountant at Alliance Capital. Previously, he was a fund accountant at Natwest and Wall Street Trust. Dave received a B.S. summa cum laude in management from Pace University.
Sandeep (Sam) Chainani
Start Date
Tenure
Tenure Rank
Apr 30, 2019
3.09
3.1%
Sam Chainani is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1996 and has been with financial industry since 1996. Sam joined the team as an investor in 2000. Previously, he was a strategy specialist for our Inception and Discovery strategies. Sam received a B.S. in management with a concentration in finance from Binghamton University. He holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |