Frontier MFG Core Infrastructure Fund (FMGIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Frontier MFG Core Infrastructure Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Frontier MFG Core Infrastructure Fund (FMGIX) has returned 6.75% so far this year and 20.40% over the past 12 months. Over the last ten years, FMGIX has returned 10.03% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 18, 2012, FMGIX's average daily return is +0.07%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 63% of months were positive and 37% were negative. The best month was Dec 2024 with a return of +20.8%, while the worst month was Sep 2022 at -13.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FMGIX closed higher 52% of trading days. The best single day was Aug 25, 2017 with a return of +137.3%, while the worst single day was Aug 24, 2017 at -57.6%.

Frontier MFG Core Infrastructure Fund has an annualized alpha of 10.78%, beta of 0.57, and R² of 0.05 versus S&P 500 Index. Calculated based on daily prices since January 19, 2012.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (58.78%) than losses (47.25%) — typical of diversified or defensive assets.
• Beta of 0.57 may look defensive, but with R² of 0.05 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.05 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FMGIX has an expense ratio of 0.50%, placing it in the medium range.

FMGIX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Frontier MFG Core Infrastructure Fund (FMGIX) and compare them to a chosen benchmark (S&P 500 Index).

Frontier MFG Core Infrastructure Fund provided a 31.50% dividend yield over the last twelve months, with an annual payout of $4.35 per share.

The table displays the monthly dividend distributions for Frontier MFG Core Infrastructure Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Frontier MFG Core Infrastructure Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Frontier MFG Core Infrastructure Fund was 57.57%, occurring on Aug 24, 2017. Recovery took 1 trading session.

The current Frontier MFG Core Infrastructure Fund drawdown is 5.22%.

The chart below shows the rolling one-month volatility.