MSIFT Discovery Portfolio Class I
MPEGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
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
- One Tower Bridge New York PA United States of America
- IPO Date
- Mar 30, 1990
- CIK
- 0000741375
- Website
- morganstanley.com
- Similar Companies
- Business
- Morgan Stanley Institutional Fund Trust - Discovery Portfolio Class I (MPEGX) is an open-end mutual fund that seeks long-term capital growth by investing primarily in established and emerging U.S. mid-cap growth companies with sustainable competitive advantages, above-average business visibility, and strong financial characteristics; the portfolio typically holds 30-40 stocks, with significant allocations to technology (approximately 40%), consumer cyclical, healthcare, and communication services sectors, including top holdings such as Cloudflare Inc., MicroStrategy Inc., Core & Main Inc., and DoorDash Inc. Class I shares feature a net expense ratio of 0.76%, a minimum initial investment of $1,000,000, and are available to institutional investors in the United States, with total net assets of approximately $1.22 billion and share class size of $503 million as of recent data. The fund benchmarks against the Russell Midcap Growth Index and is managed by a team led by Dennis Lynch since 2002, alongside David Cohen, Sandeep Chainani, Alexander Norton, Jason Yeung, and Armistead Nash. Launched on March 30, 1990, the fund operates under Morgan Stanley Institutional Fund Trust, headquartered at 522 Fifth Avenue, New York, New York, with Morgan Stanley Investment Management (MSIM) serving as the adviser; MSIM, the asset management arm of Morgan Stanley (founded 1935), oversees a broad range of U.S. equity strategies domiciled in the United States and available primarily to U.S. investors. In recent years, the fund has maintained its core mid-cap growth strategy without major structural changes such as acquisitions, partnerships, or new share class launches specific to Discovery Portfolio Class I; portfolio adjustments reflect market dynamics, including heightened exposure to high-growth technology and innovative firms amid strong performance, with one-year returns exceeding category averages as of late 2025. As part of MSIM's broader platform, the fund benefits from Morgan Stanley's ongoing expansions in alternatives, including a 2025 evergreen private equity fund launch for co-investments and secondaries, though this does not directly impact MPEGX operations. Total net assets have remained stable around $1.2 billion, with active share exceeding 90% versus the benchmark, underscoring a focused, high-conviction approach amid evolving mid-cap growth opportunities.