Frontier MFG Core Infrastructure Fund Institutional Class
FMGIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- U.s. Bancorp Fund Services, Llc Milwaukee WI United States of America 53202
- IPO Date
- Jan 18, 2012
- CIK
- 0001014913
- Website
- mfg-funds.com
- Similar Companies
- Business
- Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) is an open-end mutual fund that seeks long-term capital appreciation through a diversified portfolio of 80 to 100 equity securities of infrastructure and utility companies in both U.S. and non-U.S. markets. The fund, subadvised by Magellan Asset Management Limited doing business as MFG Asset Management, invests at least 80% of its net assets in companies with appropriate capital structures that generate reliable income streams and benefit from inflation protection; its principal investment universe encompasses regulated energy utilities, regulated water utilities, toll roads, energy infrastructure, airports, ports, communications infrastructure, rail, and social infrastructure. It concentrates in the infrastructure sector and utilities industry, targeting mid-cap blend style with significant allocations to utilities (63%), industrials (21%), and energy (7%), serving institutional investors with a minimum initial investment of $1 million USD. Launched on January 18, 2012, as part of Frontier Funds, Inc., the fund operates under MFG Funds, Inc. following a corporate name change effective October 31, 2025; the adviser, Frontegra Funds (organized in 1996), is headquartered at 999 Oakmont Plaza Drive, Suite 600, Westmont, Illinois, with prior addresses in Northbrook, Illinois. Portfolio management was augmented in recent years with Jowell Amores and Ben McVicar starting October 31, 2022, David Costello on October 31, 2024, and Ofer Karliner on March 31, 2025, reflecting strategic enhancements to the team. The fund maintains a net expense ratio of 0.50%, total net assets of approximately $87-92 million USD, and a portfolio turnover of 19%, with shares available for sale in the United States.