Marsico Global Fund: (MF: MGLBX)
(NASDAQ Mutual Funds) As of Aug 7, 2024 08:00 PM ET
$22.31 USD
-0.19 (-0.84%)
Fund Description
The fund was incepted in September 1993 and is managed by Massachusetts Financial Services Company. The fund's investment objective is to preserve capital and provide high current income. The fund invests, under normal market conditions, at least 80% of its net assets in U.S. government securities that have limited maturities. The fund may also invest up to 20% of its net assets in privately issued mortgage securities rated in one of the two highest rating categories by a nationally recognized credit rating agency. In order to make the fund an eligible investment for federal credit unions and national banks, the fund invests only in securities and other instruments that are eligible for investment by such institutions without limitation, and will also generally be managed so as to qualify as an eligible investment for such institutions. The fund seeks to comply with all investment limitations applicable to federal credit unions. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Marsico Global | MGLBX | NA | NA | 0.00 | 0.25 | 0.80 | 1.50 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Marsico Global Fund | MGLBX | 22.31 | 6/29/2007 | 0.00 | 38.53 | 4.64 | 13.45 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Marsico Global | MGLBX | 2500 | 100 | 1000 | A |
Contact Information
| Family | Marsico |
| Address | 1200 17th St, Ste 1300 Denver, CO 80202 |
| Phone | 888 860-8686 |