Morgan Stanley Institutional Emerging Markets Leaders Portfolio Class A (MELAX)
| Fund Assets | 129.04M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 58.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 16.38 |
| YTD Return | 7.06% |
| 1-Year Return | 6.30% |
| 5-Year Return | -16.28% |
| 52-Week Low | 13.65 |
| 52-Week High | 17.36 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Jan 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.
Performance
MELAX had a total return of 6.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
55.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.09% |
| Localiza Rent a Car S.A. | RENT3 | 6.44% |
| MercadoLibre, Inc. | MELI | 5.96% |
| Grupo Financiero Banorte, S.A.B. de C.V. | GFNORTEO | 5.35% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 5.07% |
| Sea Limited | SE | 4.82% |
| Bharti Airtel Limited | BHARTIARTL | 4.82% |
| Nu Holdings Ltd. | NU | 4.49% |
| Varun Beverages Limited | VBL | 4.21% |
| ICICI Bank Limited | ICICIBANK | 4.21% |