- ISIN
- US61768B4068
- Issuer
- Morgan Stanley
- Inception Date
- Apr 29, 2019
- Category
- Global Equities
- Min. Investment
- $5,000,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
MGKQX Performance Chart
Morgan Stanley Global Permanence Portfolio (MGKQX) is up 0.9% since the beginning of the year. MGKQX is currently trading at $12 per share. Investors who bought $1,000 worth of MGKQX shares 5 years ago would now be looking at an investment worth $1,221.
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Returns By Period
Morgan Stanley Global Permanence Portfolio (MGKQX) has returned 0.91% so far this year and -13.64% over the past 12 months.
Morgan Stanley Global Permanence Portfolio
- 1D
- 1.84%
- 1M
- 4.83%
- YTD
- 0.91%
- 6M
- -16.43%
- 1Y
- -13.64%
- 3Y*
- 6.21%
- 5Y*
- 4.08%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
MGKQX Monthly Returns History
Based on dividend-adjusted daily data since Apr 30, 2019, MGKQX's average daily return is +0.05%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 56% of months were positive and 44% were negative. The best month was Apr 2020 with a return of +13.9%, while the worst month was Dec 2025 at -16.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, MGKQX closed higher 52% of trading days. The best single day was Dec 16, 2024 with a return of +19.8%, while the worst single day was Dec 17, 2025 at -18.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.91% | -0.81% | -4.43% | 3.78% | 2.57% | -1.86% | 0.91% | ||||||
| 2025 | 7.36% | 0.73% | -4.13% | 3.21% | 9.49% | 8.22% | -1.04% | 2.44% | 1.63% | 0.27% | -3.68% | -16.38% | 5.52% |
| 2024 | -0.97% | 10.08% | 3.10% | -8.74% | 3.69% | -1.82% | 4.24% | -0.15% | -0.30% | -2.38% | 6.54% | -1.69% | 10.81% |
| 2023 | 9.70% | -1.43% | 5.21% | -0.65% | 2.13% | 3.44% | 4.02% | -4.54% | -6.78% | -6.19% | 8.91% | 7.04% | 20.89% |
| 2022 | -8.96% | -2.88% | 3.13% | -10.30% | -2.49% | -5.21% | 10.21% | -6.91% | -7.42% | 8.11% | 9.47% | -5.65% | -19.81% |
| 2021 | -4.10% | 5.44% | 1.99% | 5.85% | 0.68% | 2.71% | 2.97% | 1.86% | -5.10% | 7.16% | -2.23% | 1.55% | 19.55% |
Benchmark Metrics
Morgan Stanley Global Permanence Portfolio has an annualized alpha of -2.10%, beta of 0.93, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since April 30, 2019.
- This fund participated in 99.69% of S&P 500 Index downside but only 83.80% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.10% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.93 and R2 of 0.61, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -2.10%
- Beta
- 0.93
- R²
- 0.61
- Upside Capture
- 83.80%
- Downside Capture
- 99.69%
Expense Ratio
MGKQX has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MGKQX ranks 1 for risk / return — in the bottom 1% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Morgan Stanley Global Permanence Portfolio (MGKQX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MGKQX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.36 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 2.71 | -3.19 |
| Martin ratioReturn relative to average drawdown | -0.87 | 12.15 | -13.02 |
Dividends
Dividend History
Morgan Stanley Global Permanence Portfolio provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $2.43 | $0.66 | $0.19 | $2.24 | $0.10 |
Dividend yield | 0.00% | 0.00% | 21.29% | 5.29% | 1.80% | 16.33% | 0.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Morgan Stanley Global Permanence Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.43 | $2.43 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.66 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.24 | $2.24 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Morgan Stanley Global Permanence Portfolio. 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 Morgan Stanley Global Permanence Portfolio was 33.07%, occurring on Mar 23, 2020. Recovery took 51 trading sessions.
The current Morgan Stanley Global Permanence Portfolio drawdown is 19.84%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.07%Mar 2020 | 1mo 2d | 2mo 14d | 3mo 16dFeb 2020 - Jun 2020 |
Bear market2022 | -30.96%Oct 2022 | 10mo 26d | 1y 4mo | 2y 2moNov 2021 - Feb 2024 |
2026 bear market2026 | -25.97%Mar 2026 | 5mo 25d | — | 8mo 17dOct 2025 - now |
2025 selloff2025 | -23.73%Apr 2025 | 3mo 22d | 2mo 16d | 6mo 8dDec 2024 - Jun 2025 |
2024 pullback2024 | -8.74%Apr 2024 | 29d | 6mo 29d | 7mo 28dApr 2024 - Nov 2024 |
Drawdown Indicators
| MGKQX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.07% | -56.78% | +23.71% |
Max Drawdown (1Y)Largest decline over 1 year | -25.97% | -9.10% | -16.87% |
Max Drawdown (3Y)Largest decline over 3 years | -25.97% | -18.90% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -25.43% | -5.53% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -19.84% | -1.29% | -18.55% |
Average DrawdownAverage peak-to-trough decline | -8.60% | -10.72% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.29% | 2.02% | +12.27% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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