MSTQX: Morningstar US Equity

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MSTQX Morningstar US Equity


Profile

MSTQX - Profile

Vitals

  • YTD Return -4.3%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.21 B
  • Holdings in Top 10 23.8%

52 WEEK LOW AND HIGH

$10.56
$6.97
$11.29

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

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

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -4.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Morningstar U.S. Equity Fund
  • Fund Family Name
    Morningstar
  • Inception Date
    Nov 02, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Murphy

Fund Description

The fund will normally invest at least 80% of its assets in equity securities of U.S.-based companies, and may invest up to 100% of its assets in such securities. It seeks to provide broad U.S. equity exposure across market capitalizations and investment styles and has the flexibility to invest in large-cap, mid-cap, and small-cap common stocks across the growth and value style spectrum. The fund may also invest in real estate investment trusts (REITs) and non-U.S. companies.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MSTQX - Performance

Return Ranking - Trailing

Period MSTQX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.3% -39.2% 1982.7% 80.95%
1 Yr 2.8% -73.2% 2198.7% 70.74%
3 Yr N/A* -33.7% 191.9% N/A
5 Yr N/A* -21.2% 96.3% N/A
10 Yr N/A* -6.2% 39.1% N/A

* Annualized

Return Ranking - Calendar

Period MSTQX Return Category Return Low Category Return High Rank in Category (%)
2019 23.5% -72.6% 39.5% 41.34%
2018 N/A -67.0% 10.0% N/A
2017 N/A -32.8% 33.2% N/A
2016 N/A -18.6% 19.7% N/A
2015 N/A -35.5% 7.8% N/A

Total Return Ranking - Trailing

Period MSTQX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.3% -39.2% 1982.7% 80.95%
1 Yr 2.8% -73.2% 2198.7% 70.57%
3 Yr N/A* -33.7% 191.9% N/A
5 Yr N/A* -14.8% 96.3% N/A
10 Yr N/A* -4.1% 39.1% N/A

* Annualized

Total Return Ranking - Calendar

Period MSTQX Return Category Return Low Category Return High Rank in Category (%)
2019 23.5% -72.6% 39.5% 41.34%
2018 N/A -67.0% 10.0% N/A
2017 N/A -22.1% 33.2% N/A
2016 N/A -16.4% 26.8% N/A
2015 N/A -26.4% 106.5% N/A

NAV & Total Return History


Holdings

MSTQX - Holdings

Concentration Analysis

MSTQX Category Low Category High MSTQX % Rank
Net Assets 1.21 B 1.14 K 872 B 43.23%
Number of Holdings 317 1 3534 26.03%
Net Assets in Top 10 290 M -27.1 M 195 B 50.41%
Weighting of Top 10 23.80% 3.2% 100.0% 86.37%

Top 10 Holdings

  1. Global X MLP & Energy Infrastructure ETF 5.89%
  2. Vanguard Health Care ETF 3.03%
  3. Vanguard Financials ETF 2.91%
  4. Vanguard Consumer Staples ETF 2.82%
  5. Energy Select Sector SPDR® ETF 2.48%
  6. Amazon.com Inc 1.84%
  7. Apple Inc 1.42%
  8. Archer-Daniels Midland Co 1.14%
  9. Microsoft Corp 1.14%
  10. Intel Corp 1.13%

Asset Allocation

Weighting Return Low Return High MSTQX % Rank
Stocks
95.42% 81.36% 167.47% 93.19%
Cash
4.58% -141.62% 13.74% 5.75%
Preferred Stocks
0.00% 0.00% 14.17% 33.42%
Other
0.00% -7.25% 89.69% 33.33%
Convertible Bonds
0.00% 0.00% 13.48% 31.20%
Bonds
0.00% 0.00% 78.72% 37.24%

Stock Sector Breakdown

Weighting Return Low Return High MSTQX % Rank
Financial Services
17.66% 0.00% 47.71% 15.15%
Technology
15.56% 0.00% 42.50% 87.84%
Healthcare
13.87% 0.00% 31.87% 79.18%
Energy
10.78% -1.47% 14.48% 0.67%
Industrials
10.31% 0.00% 27.40% 24.98%
Consumer Cyclical
10.12% 0.00% 45.17% 63.86%
Consumer Defense
9.87% 0.00% 35.63% 17.82%
Communication Services
3.49% 0.00% 28.36% 92.51%
Utilities
3.11% 0.00% 18.14% 33.64%
Basic Materials
2.66% -0.14% 11.37% 33.22%
Real Estate
2.57% 0.00% 54.83% 59.53%

Stock Geographic Breakdown

Weighting Return Low Return High MSTQX % Rank
US
90.55% 80.15% 157.79% 84.89%
Non US
4.87% -4.87% 18.41% 26.11%

Expenses

MSTQX - Expenses

Operational Fees

MSTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.01% 49.73% 49.79%
Management Fee 0.67% 0.00% 2.00% 74.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

MSTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

MSTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

MSTQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 438.00% 30.19%

Distributions

MSTQX - Distributions

Dividend Yield Analysis

MSTQX Category Low Category High MSTQX % Rank
Dividend Yield 0.00% 0.00% 15.52% 32.32%

Dividend Distribution Analysis

MSTQX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MSTQX Category Low Category High MSTQX % Rank
Net Income Ratio 1.25% -3.93% 3.34% 45.17%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MSTQX - Fund Manager Analysis

Managers

John Murphy


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Mr. Murphy is a Portfolio Manager for Levin Capital Strategies, L.P. Prior to joining the Firm, Mr. Murphy was a Portfolio Manager for the long-only investment team of John A. Levin & Co., Inc. He was at Prudential Securities (1991-1995) and wokred at Bain & Co.(1988-1991).

Jeannette Hubbard


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Jeannette M. Hubbard, CFA—Jenny Hubbard serves as an assistant portfolio manager for Diamond Hill. She joined Diamond Hill in 2007. From 2003 to 2006, Hubbard was a member of the Global Securitization Strategy Group at ABN Amro/LaSalle Bank. From 2001 to 2003, she was a senior equity research analyst at Avondale Partners, LLC. From 2000 to 2001, Hubbard was a vice president of Underwriting at The School Company, LLC. From 1996 to 2000, she was an analyst and assistant treasurer at Prologis Trust. Hubbard has a BA in English with an emphasis in Economics from the University of Colorado and an MA in International Economic Development Policy from Stanford University.

Frederic Rowsey


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Fred G. Rowsey, CFA, has served as Vice President, Research Analyst for Westwood Management Corp. since February 2018. Prior to this appointment, he served as Associate Vice President, Research Analyst for Westwood Management Corp from March 2015 until February 2018. He joined Westwood Management Corp. in July 2010 as a Research Associate until 2013. Prior to joining the firm, Mr. Rowsey was a student at Harvard University, graduating in May 2010 with a BA in Economics. He is a member of the CFA Institute.He has served on the portfolio team for the Westwood SmallCap Fund since 2013. He participates in the investment decision process. He has authority to direct trading activity for the Fund and is also responsible for representing the Fund to investors. Mr. Rowsey has more than 10 years of investment experience

Nevin Chitkara


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Nevin Chitkara is an investment officer of MFS Investment Management (MFS®) and a portfolio manager of the firm's value, total return, and global total return portfolios. Prior to being named portfolio manager in 2006, Nevin was an equity research analyst specializing in the business services, cellular telephone, and telephone services industries. Nevin joined MFS in 1997. Previously, he served on the corporate audit and business development staffs of General Electric Co.

Michael Stout


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Michael Stout, CFA, is a portfolio manager in the Morningstar Investment Management group and a member of the Asset Allocation Committee. He focuses on active-allocation strategies that employ actively managed mutual funds, while also contributing to the firm’s active/passive strategies. In addition, Stout has a lead role in the group’s fund-selection process. Stout was a founding member of Morningstar Investment Management’s predecessor in 1998. Prior to that, he was a senior analyst and editor of mutual fund research at Morningstar, Inc. He began at Morningstar in 1993 as a research analyst covering closed-end funds. Before joining Morningstar, Stout was an investment broker with A.G. Edwards & Sons and previously was a captain in the United States Air Force. He holds a bachelor’s degree in music from The Ohio State University and a master’s degree in business administration from the University of Texas. He also holds the Chartered Financial Analyst® designation.

Peter Bourbeau


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Peter co-manages the Large Cap Growth and All Cap Growth strategy products. Peter joined predecessor firm Shearson Asset Management in 1991, and has 29 years of investment industry experience. During his career, Peter has worked in trading, fund management, research, and investment marketing. A graduate of the University of Florida, Peter obtained his MBA from Fordham University.

Daniel McNeela


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Dan McNeela is a senior portfolio manager and co-head of target risk strategies with Morningstar Investment Management. McNeela is focused on portfolio construction, asset allocation, and manager due diligence. Prior to joining the investment management group in 2006, McNeela was associate director of mutual fund analysis for Morningstar, Inc. McNeela served as the editor of Morningstar’s flagship newsletter, Morningstar Mutual Funds and appeared before House and Senate subcommittees to testify as an investor advocate regarding the effectiveness of 529 college savings plans. He joined Morningstar in 2000 as a fund analyst with the individual investor group, specializing in domestic equity funds, with subspecialties in real estate and long-short funds and was the lead analyst on funds offered by Janus, Putnam, Royce and Goldman Sachs. Prior to Morningstar, he held a number of corporate finance positions at Scott Foresman, a leading educational publisher. McNeela holds a bachelor’s degree in finance from Indiana University and a master’s degree in business administration from the from the University of Illinois. McNeela also holds the Chartered Financial Analyst® designation.

Matthew Lockridge


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Mr. Matthew R. Lockridge, CFA, joined Westwood in 2010, serves as a Portfolio Manager and is responsible for investment research in the Consumer Discretionary and Staples sectors. He is also a member of the Consumer/Health Care research group. Mr. Lockridge began his career at Arthur Andersen, LLP, within their Chicago consulting practice. He served as a Senior Consultant with Deloitte Consulting, LLP, where he assisted clients with various corporate finance and accounting issues. Mr. Lockridge then served as a Managing Director and Partner at Dearborn Partners, LLC, where he was a member of the firm’s investment committee and oversaw all investments in the consumer and industrial sectors. Mr. Lockridge earned his MBA with a concentration in Finance and Accounting from the University of Chicago, Graduate School of Business and his BBA in Finance from Southern Methodist University.

Michael Valentine


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Mike Valentine, portfolio manager, joined Wasatch Advisors in September 2016 as a portfolio manager for the domestic research team. Prior to joining the Advisor, Mr. Valentine was a portfolio manager at Point72 in Boston where he led a team of analysts and managed a long/short fund focused on the technology and telecom sectors. From 2005 to 2012 Mr. Valentine worked at Fidelity Investments as both an analyst and then a portfolio manager covering various industries and sectors ranging from agricultural chemicals to health care. Mr. Valentine holds a Bachelor of Arts degree in Computer Science from Amherst College in Amherst, MA.

Margaret Vitrano


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.66

1.7%

Margaret co-manages the Large Cap Growth and All Cap Growth strategies. Margaret has 24 years of investment industry experience and joined a ClearBridge predecessor organization in 1997. Margaret is a member of the ClearBridge Management Committee. From 2006-2009, Margaret served on the firm's 401(k) Investment Committee, which is responsible for choosing and overseeing investments for the firm's employee retirement plan. Prior to her role at ClearBridge, Margaret was a Research Analyst for the Consumer Discretionary sector at Citigroup. Margaret earned her MBA from the Wharton School of the University of Pennsylvania and a BA in Public Policy Studies and Art History from Duke University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 33.98 6.42 1.0