About EUGAX
Morgan Stanley Europe Opportunity Fund Inc. Class A is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in high quality, established, and emerging companies based in Europe. The fund typically allocates at least 80% of its assets to equity securities from issuers across various European countries, targeting both developed and dynamic growth markets within the continent. Its investment approach emphasizes identifying companies that the management team believes are undervalued at the time of investment, with sector exposure encompassing consumer cyclicals, communication services, industrials, technology, and financial services. Notable holdings include major names such as Hermes International, Spotify Technology, DSV, and the London Stock Exchange Group, with a significant portion of assets concentrated in the top holdings. Launched in 1997, the fund plays a meaningful role for investors seeking diversification outside the U.S., providing focused access to European equities within a large growth investment style. The fund is designed for investors looking for exposure to the potential growth of European markets through an actively managed portfolio overseen by Morgan Stanley’s experienced investment team.
Fund Family Morgan Stanley
Category Europe Stock
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol EUGAX
Share Class A
Index MSCI Europe NR USD
EUGAX had a total return of 8.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.16%.