Morgan Stanley Institutional Passport Overseas Equity Portfolio (MAIJX)
| Fund Assets | 173.37M |
| Expense Ratio | 0.85% |
| Min. Investment | $10,000,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 2.65% |
| Dividend Growth | 6.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 20.83 |
| YTD Return | 33.27% |
| 1-Year Return | 26.87% |
| 5-Year Return | 54.49% |
| 52-Week Low | 15.30 |
| 52-Week High | 21.26 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Oct 31, 2019 |
About MAIJX
Morgan Stanley Institutional Fund Inc. Passport Overseas Equity Portfolio Class R6 is an international equity mutual fund designed to provide long-term capital appreciation. The fund primarily invests in equity securities of companies based outside the United States, spanning both developed and emerging markets. Utilizing a proprietary, top-down framework, the portfolio management team evaluates macroeconomic trends and rigorously ranks countries by their projected economic growth and market return potential. This analysis guides dynamic country and sector allocations, which are combined with fundamental bottom-up stock selection to identify individual companies expected to benefit most from prevailing market conditions. The fund's investment approach is flexible, incorporating both growth and value styles, and emphasizes high conviction positions across countries, sectors, and themes. With a focus on diversification and active management, the Passport Overseas Equity Portfolio serves as a core holding for investors seeking exposure to global equities outside the U.S., reflecting Morgan Stanley Investment Management’s research-driven process and global perspective.
Performance
MAIJX had a total return of 26.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.46%.
Top 10 Holdings
27.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 3.91% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio | MSUXX | 3.45% |
| Samsung Electronics Co., Ltd. | 005930 | 3.10% |
| Hanwha Aerospace Co., Ltd. | 012450 | 2.65% |
| Rheinmetall AG | RHM | 2.63% |
| MercadoLibre, Inc. | MELI | 2.55% |
| HDFC Bank Limited | HDB | 2.49% |
| Sony Group Corporation | 6758 | 2.35% |
| AIB Group plc | A5G | 2.35% |
| SAP SE | SAP | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.55131 | Dec 16, 2024 |
| Dec 15, 2023 | $0.51968 | Dec 15, 2023 |
| Dec 16, 2022 | $0.24743 | Dec 16, 2022 |
| Dec 17, 2021 | $1.53305 | Dec 17, 2021 |
| Dec 16, 2020 | $0.00742 | Dec 16, 2020 |
| Dec 16, 2019 | $0.18361 | Dec 16, 2019 |