Meritage Growth Equity Fund Institutional Shares
MPGIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
- 225 Pictoria Drive Cincinnati OH 45246
- IPO Date
- Dec 24, 2013
- CIK
- 0001587551
- Similar Companies
- Business
- Meritage Growth Equity Fund Institutional Shares (MPGIX) is an actively managed mutual fund that seeks long-term growth of capital by investing primarily in equity securities of growth-oriented companies across various market capitalizations. The Fund, classified in the large growth category, employs a proprietary quantitative process that ranks companies based on multi-factor criteria including earnings quality, market reaction, capital deployment, valuation, cash flow generation, and return on investment, with dynamic overlays of macroeconomic and investment style analysis. It offers institutional shares with a focus on companies exhibiting sustainable growth and above-average profitability, maintaining net assets of approximately $34 million as of recent reports. Meritage Portfolio Management, Inc., the adviser to MPGIX, provides the Fund as part of its suite of investment strategies that also includes yield focus equity, value equity, small cap growth and value equity, taxable and tax-exempt fixed income intermediate and short duration strategies; these portfolios emphasize high-quality securities, diversification, and risk management tailored to institutional and private clients such as families, foundations, endowments, and retirement plans. MPGIX invests at least 80% of its net assets in equities, targeting both recognized market leaders and underfollowed firms poised for transformational earnings acceleration over multi-year periods, with a benchmark against indices like the S&P 500 Large Cap Growth Index. The firm evaluates over 6,500 equities to select those generating strong free cash flow and trading below long-term intrinsic value. Founded in 1991 and headquartered in Overland Park, Kansas, Meritage Portfolio Management operates from its base at 7500 College Blvd., Suite 1212, managing over $2 billion in assets with a high client retention rate and 30 years of experience in personalized, values-based investment management. The MPGIX share class serves institutional investors through Capitol Series Trust, a registered investment company launched around December 2013, with subadvisory services extended to collective and common trust funds. Geographically, the Fund focuses on U.S. equities while the firm's strategies incorporate global small-cap value opportunities . In recent developments, Meritage Portfolio Management continues to refine its quantitative models, incorporating advancements in artificial intelligence and big data for factor analysis as highlighted in its Q4 2023 and Q3 2025 strategy sheets, enhancing portfolio construction amid evolving market conditions. The firm maintains strong performance attribution and compliance monitoring, with quarterly tactical adjustments in related portfolios and ongoing optimization of asset allocations to balance risk and return. No major acquisitions, partnerships, or structural changes specific to MPGIX or the adviser were reported in 2024 or 2025, reflecting steady operational focus on core quantitative growth equity management.