# Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fmgix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 2012-01-18 The fund's primary objective is to achieve substantial long-term capital growth. It dedicates a minimum of 80% of its net assets to acquiring equity shares in companies operating within the infrastructure sector. The investment strategy emphasizes a concentrated focus on both the broader infrastructure sector and the utilities industry. The fund builds a diversified portfolio of infrastructure firms, selected by its subadviser based on specific criteria: these companies must demonstrate a robust capital structure, show strong potential for generating consistent income streams, and offer pro... ## Key Facts | Metric | Value | |---|---| | Price | $13.25 | | Expense Ratio | 0.50% | | Assets Under Management | $68.9M | | NAV | $13.25 | | Holdings Count | — | | Distribution Yield (TTM) | 32.30% | | Annual Distribution (TTM) | $4.28 /share | | Distribution Frequency | Monthly | | 52-Week Range | $12.39 – $17.23 | | Beta | 0.54 | ## Latest Distribution - Amount: $0.0501 /share - Ex-date: 2026-09-25 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does FMGIX invest in? The fund's primary objective is to achieve substantial long-term capital growth. It dedicates a minimum of 80% of its net assets to acquiring equity shares in companies operating within the infrastructure sector. The investment strategy emphasizes a concentrated focus on both the broader infrastructure sector and the utilities industry. The fund builds a diversified portfolio of infrastructure firms, selected by its subadviser based on specific criteria: these companies must demonstrate a robust capital structure, show strong potential for generating consistent income streams, and offer protection against inflation. Typically, the portfolio is expected to comprise between 80 and 100 different companies. ### What is the expense ratio of FMGIX? Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FMGIX? Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) manages $68.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FMGIX actively managed or an index fund? FMGIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FMGIX launched? Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) launched in January 2012 and is managed by the fund issuer. ### How has FMGIX performed? FMGIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FMGIX pay a dividend? Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) currently distributes little or no income. Trailing-twelve-month yield is 32.30%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FMGIX pay dividends? Frontier MFG Core Infrastructure Fund Institutional Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FMGIX's dividend yield? FMGIX's trailing-twelve-month yield is 32.30%, calculated from the sum of dividends over the past year divided by the current price. ### When is FMGIX's next ex-dividend date? The most recently announced ex-dividend date for FMGIX was 2026-09-25. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will FMGIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FMGIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FMGIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FMGIX cost more than a fund like VOO? FMGIX's strategy (current expense ratio 0.50%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FMGIX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FMGIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FMGIX (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fmgix - Distribution history: https://www.dividenddata.com/funds/fmgix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fmgix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fmgix/expenses - Peer comparison: https://www.dividenddata.com/funds/fmgix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.