# MSIF Global Stars Portfolio - I (MGQIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mgqix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Currency - Strategy: Actively Managed · Inception: 2013-09-04 This fund aims for substantial capital growth over the long term. It primarily invests in high-quality companies worldwide that consistently generate strong returns on their operational capital. These businesses often possess dominant market positions, formidable intangible assets like well-known brands, extensive networks, valuable licenses, and patents, and the ability to influence pricing, leading to superior gross margins. To manage its international holdings, the fund may employ derivative instruments such as foreign currency forward exchange contracts. This fund is non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $12.41 | | Expense Ratio | 0.80% | | Assets Under Management | $18.0M | | NAV | $12.41 (2026-11-06 close) | | Holdings Count | — | | Distribution Yield (TTM) | 34.43% | | Annual Distribution (TTM) | $4.27 /share | | Distribution Frequency | Annual | | 52-Week Range | $11.49 – $17.69 | | Beta | 0.86 | ## Latest Distribution - Amount: $4.2722 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does MGQIX invest in? This fund aims for substantial capital growth over the long term. It primarily invests in high-quality companies worldwide that consistently generate strong returns on their operational capital. These businesses often possess dominant market positions, formidable intangible assets like well-known brands, extensive networks, valuable licenses, and patents, and the ability to influence pricing, leading to superior gross margins. To manage its international holdings, the fund may employ derivative instruments such as foreign currency forward exchange contracts. This fund is non-diversified. ### What is the expense ratio of MGQIX? MSIF Global Stars Portfolio - I (MGQIX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MGQIX? MSIF Global Stars Portfolio - I (MGQIX) manages $18.0M 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 MGQIX actively managed or an index fund? MGQIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MGQIX's is 0.80%) in exchange for the discretion to over- or under-weight positions. ### When was MGQIX launched? MSIF Global Stars Portfolio - I (MGQIX) launched in September 2013 and is managed by the fund issuer. ### How has MGQIX performed? MGQIX'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 MGQIX pay a dividend? MSIF Global Stars Portfolio - I (MGQIX) currently distributes little or no income. Trailing-twelve-month yield is 34.43%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MGQIX pay dividends? MSIF Global Stars Portfolio - I pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MGQIX's dividend yield? MGQIX's trailing-twelve-month yield is 34.43%, calculated from the sum of dividends over the past year divided by the current price. ### When is MGQIX's next ex-dividend date? The most recently announced ex-dividend date for MGQIX was 2025-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MGQIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% 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 MGQIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MGQIX'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 MGQIX cost more than a fund like VOO? MGQIX is actively managed (current expense ratio 0.80%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MGQIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MGQIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MGQIX (0.80%) 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/mgqix - Distribution history: https://www.dividenddata.com/funds/mgqix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mgqix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mgqix/expenses - Peer comparison: https://www.dividenddata.com/funds/mgqix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.