MGRIX: Marsico Growth

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MGRIX Marsico Growth


Profile

MGRIX - Profile

Vitals

  • YTD Return 33.9%
  • 3 Yr Annualized Return 10.1%
  • 5 Yr Annualized Return 3.1%
  • Net Assets $427 M
  • Holdings in Top 10 47.3%

52 WEEK LOW AND HIGH

$24.75
$14.47
$27.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return 33.9%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Marsico Growth Fund
  • Fund Family Name
    Marsico Investment Fund
  • Inception Date
    Dec 31, 1997
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Marsico

Fund Description

The fund invests primarily in the common stocks of large companies that are selected for their long-term growth potential. It will normally hold a core position of up to 50 common stocks. In selecting investments for the fund, the investment adviser uses an approach that emphasizes the selection of what the investment adviser believes are stocks of high-quality companies with compelling potential for long-term capital appreciation. The investment approach combines "top-down" macro-economic analysis with "bottom-up" company and security analysis.


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Categories

Performance

MGRIX - Performance

Return Ranking - Trailing

Period MGRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.9% -91.6% 77.8% 7.40%
1 Yr 30.3% -92.0% 95.9% 12.50%
3 Yr 10.1%* -59.0% 37.0% 33.53%
5 Yr 3.1%* -41.4% 31.7% 70.54%
10 Yr 3.8%* -18.4% 17.4% 81.54%

* Annualized

Return Ranking - Calendar

Period MGRIX Return Category Return Low Category Return High Rank in Category (%)
2019 20.5% -67.9% 49.9% 67.14%
2018 -12.9% -65.5% 10.6% 52.91%
2017 19.3% -46.3% 52.2% 48.54%
2016 -5.9% -56.6% 15.3% 78.32%
2015 -26.5% -82.5% 11.4% 99.10%

Total Return Ranking - Trailing

Period MGRIX Return Category Return Low Category Return High Rank in Category (%)
YTD 33.9% -91.6% 77.8% 7.40%
1 Yr 30.3% -92.0% 95.9% 12.50%
3 Yr 13.6%* -57.9% 37.0% 33.19%
5 Yr 11.9%* -38.8% 31.7% 41.17%
10 Yr 12.6%* -17.0% 21.1% 39.97%

* Annualized

Total Return Ranking - Calendar

Period MGRIX Return Category Return Low Category Return High Rank in Category (%)
2019 20.5% -67.9% 49.9% 67.30%
2018 -12.9% -65.5% 16.5% 69.89%
2017 31.2% -28.2% 52.2% 20.30%
2016 -5.1% -56.6% 17.1% 89.85%
2015 0.2% -38.0% 17.3% 59.74%

NAV & Total Return History


Holdings

MGRIX - Holdings

Concentration Analysis

MGRIX Category Low Category High MGRIX % Rank
Net Assets 427 M 818 K 235 B 68.18%
Number of Holdings 35 1 2263 86.14%
Net Assets in Top 10 182 M 399 K 71.6 B 68.03%
Weighting of Top 10 47.25% 13.5% 100.0% 37.20%

Top 10 Holdings

  1. Apple Inc 8.09%
  2. Amazon.com Inc 6.37%
  3. Microsoft Corp 5.95%
  4. State Street Instl Treasury MMkt Instl 4.76%
  5. PayPal Holdings Inc 4.40%
  6. Adobe Inc 3.86%
  7. Mastercard Inc A 3.78%
  8. Nvidia 3.40%
  9. Alphabet Inc A 3.37%
  10. Zoetis Inc Class A 3.27%

Asset Allocation

Weighting Return Low Return High MGRIX % Rank
Stocks
95.24% 60.93% 103.32% 87.80%
Cash
4.76% -3.33% 39.07% 10.00%
Preferred Stocks
0.00% 0.00% 2.55% 15.00%
Other
0.00% -1.64% 4.98% 20.23%
Convertible Bonds
0.00% 0.00% 6.70% 6.67%
Bonds
0.00% -0.48% 13.73% 11.82%

Stock Sector Breakdown

Weighting Return Low Return High MGRIX % Rank
Technology
29.68% 4.67% 54.73% 57.12%
Consumer Cyclical
17.85% 0.00% 44.53% 27.05%
Healthcare
16.05% 0.00% 60.93% 30.98%
Financial Services
15.85% 0.00% 41.40% 12.58%
Communication Services
12.57% 0.00% 34.83% 48.86%
Real Estate
4.51% 0.00% 22.16% 10.53%
Basic Materials
3.48% 0.00% 13.33% 13.33%
Utilities
0.00% 0.00% 11.79% 38.33%
Industrials
0.00% 0.00% 24.88% 96.44%
Energy
0.00% 0.00% 7.94% 48.03%
Consumer Defense
0.00% 0.00% 19.15% 91.59%

Stock Geographic Breakdown

Weighting Return Low Return High MGRIX % Rank
US
95.24% 60.93% 100.05% 40.45%
Non US
0.00% 0.00% 18.83% 89.09%

Expenses

MGRIX - Expenses

Operational Fees

MGRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.01% 24.73% 32.22%
Management Fee 0.80% 0.00% 1.40% 88.24%
12b-1 Fee 0.25% 0.00% 1.00% 22.58%
Administrative Fee 0.10% 0.01% 1.02% 40.85%

Sales Fees

MGRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MGRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 7.35%

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.

MGRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 464.00% 73.08%

Distributions

MGRIX - Distributions

Dividend Yield Analysis

MGRIX Category Low Category High MGRIX % Rank
Dividend Yield 0.00% 0.00% 19.97% 8.57%

Dividend Distribution Analysis

MGRIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MGRIX Category Low Category High MGRIX % Rank
Net Income Ratio -0.45% -8.87% 2.43% 79.55%

Capital Gain Distribution Analysis

MGRIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MGRIX - Fund Manager Analysis

Managers

Thomas Marsico


Start Date

Tenure

Tenure Rank

Dec 31, 1997

22.68

22.7%

Tom Marsico is the founder, Chief Executive Officer, and Chief Investment Officer of Marsico Capital Management, LLC ("Marsico Capital"), which has served as the investment adviser to the Marsico Funds since 1997. Tom sets Marsico Capital's overall research and investment strategy. He serves as co-manager of the Marsico Focus Fund and the Marsico Growth Fund with Brandon Geisler; as co-manager of the Marsico Global Fund with Brandon Geisler and Rob Susman; and as co-manager of the Marsico International Opportunities Fund with Rob Susman. He has over 35 years of experience in the investment man

Brandon Geisler


Start Date

Tenure

Tenure Rank

Feb 28, 2019

1.51

1.5%

Brandon Geisler is the portfolio manager of the Marsico 21st Century Fund; co-manager of the Marsico Focus Fund with Tom Marsico; and co-manager of the Marsico Growth Fund with Tom Marsico and Peter Marsico; and co-manager of the Marsico Global Fund with Tom Marsico and Rob Susman. He joined Marsico Capital in 2006 and has over 15 years of experience in the financial services industry. Brandon spent four years with Goldman, Sachs & Co., where he was a Vice President in Equity Research covering the restaurant and other consumer-related industry groups. At Marsico Capital, Brandon has remained actively involved in those areas, while broadening his research responsibilities to include many other industries. Brandon received his MBA degree and Honours BS degree from McMaster University in Ontario.

Peter Marsico


Start Date

Tenure

Tenure Rank

Nov 30, 2019

0.75

0.8%

Peter Marsico co-manages the Marsico Growth Fund with Tom Marsico and Brandon Geisler. He joined MCM in 2008, and has over 10 years of experience in the financial services industry. His research responsibilities include retail, restaurants, consumer goods, and other industries. Peter has a BA degree in Economics from the University of North Carolina and an MBA from the University of Denver

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.29 1.34