Marsico Growth Fund
MGRIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1200 17th St Denver CO United States of America 80202
- IPO Date
- Dec 31, 1997
- CIK
- 0001047112
- Website
- marsicofunds.com
- Similar Companies
- Business
- Marsico Growth Fund (MGRIX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in the common stocks of 30-40 to 50 innovative large-cap companies selected for their long-term growth potential; it employs a high-conviction, concentrated portfolio approach emphasizing core growth, aggressive growth, and life cycle change companies across sectors such as information technology, consumer discretionary, and communication services, with top holdings typically including Meta Platforms Inc., NVIDIA Corp., Microsoft Corp., Netflix Inc., and Amazon.com Inc. The fund offers Investor Class shares (MGRIX) and Institutional Class shares (MIGWX), with a net expense ratio of approximately 1.33% to 1.45% for the Investor Class after waivers; minimum initial investments stand at $2,500 for Investor Class and lower thresholds for IRAs. Managed by Marsico Capital Management, LLC since its inception on December 31, 1997, the fund is headquartered in Denver, Colorado, and operates within the large growth category, available for sale in the United States with total net assets of around $424 million to $442 million as of recent reports. Portfolio managers include founder and CIO Tom Marsico (over 40 years of experience), Peter Marsico, Jimmy Marsico, and Brandon Geisler, who utilize a blend of top-down macro-economic analysis and bottom-up company-specific research to maintain active share levels of 65% to 74% and 32 to 36 holdings. The fund demonstrates a focus on U.S. stocks (approximately 92%), with minor non-U.S. stock exposure (7%), and remains diversified relative to benchmarks like the Russell 1000 Growth Index and S&P 500 Index. In recent developments, Marsico Capital Management, the adviser to the fund and other Marsico Funds, grew its total assets under management to approximately $4.4 billion as of September 30, 2025, reflecting ongoing business expansion; the firm maintains expense limitation agreements through January 31, 2026, capping Investor Class expenses at 1.45% and Institutional Class at 1.20%, with full recoupment of prior waivers achieved by September 30, 2024. Morningstar ratings for the Investor Class include 3 stars out of 1,092 large growth funds as of June 30, 2024, based on risk-adjusted returns, underscoring sustained performance amid market volatility. No major acquisitions, partnerships, or structural reorganizations have been announced for the fund in the last 1-2 years, with focus remaining on portfolio optimization and high-conviction growth strategies.