Morgan Stanley Institutional Emerging Markets Leaders Portfolio Class A (MELAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
15.29
+0.07 (0.46%)
Jul 29, 2025, 4:00 PM EDT
0.46%
Fund Assets155.64M
Expense Ratio1.35%
Min. Investment$1,000
Turnover58.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close15.22
YTD Return4.51%
1-Year Returnn/a
5-Year Return7.49%
52-Week Low12.93
52-Week High16.57
Beta (5Y)n/a
Holdings33
Inception DateJan 5, 2015

About MELAX

Morgan Stanley Institutional Fund, Inc. Emerging Markets Leaders Portfolio Class A is a mutual fund focused on **long-term capital appreciation** by investing predominantly in the equity securities of companies located in emerging market countries. The fund generally allocates at least 80% of its assets to these equities, using a fundamental, bottom-up stock selection approach informed by macro-level thematic research on global emerging markets. Key holdings often include major growth companies in sectors such as technology, e-commerce, financial services, and consumer goods, particularly across regions like Asia and Latin America. Managed by an experienced team, the portfolio is designed to capture the growth potential of market-leading businesses positioned to benefit from the ongoing economic development of emerging markets. With approximately 33 holdings, the fund emphasizes selectivity and concentration in high-conviction ideas. Its role in the financial market is to provide investors access to potential growth opportunities in economies undergoing rapid development, while also diversifying their equity exposure beyond developed markets. The fund's performance is measured against established emerging market benchmarks and is noted for its active management style and sector diversification.

Fund Family Morgan Stanley
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol MELAX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGOMXFidelityStrategic Advisers Fidelity Emerging Markets Fund0.36%
FPADXFidelityFidelity Emerging Markets Index Fund0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MSIWXClass Ir0.95%
MELSXClass R60.95%
MELIXClass I0.99%
MEMLXClass C2.10%

Top 10 Holdings

53.39% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited23307.85%
HDFC Bank LimitedHDFCBANK5.93%
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolion/a5.86%
ICICI Bank LimitedICICIBANK5.61%
Varun Beverages LimitedVBL5.34%
Localiza Rent a Car S.A.RENT34.86%
MercadoLibre, Inc.MELI4.85%
Bharti Airtel LimitedBHARTIARTL4.73%
Grupo Financiero Banorte, S.A.B. de C.V.GFNORTEO4.49%
KEI Industries LimitedKEI3.88%
View More Holdings