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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
15.62
-0.08 (-0.51%)
At close: Mar 19, 2026
Fund Assets125.42M
Expense Ratio1.35%
Min. Investment$1,000
Turnover59.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close15.70
YTD Return-2.55%
1-Year Return13.36%
5-Year Return-17.38%
52-Week Low12.93
52-Week High17.66
Beta (5Y)n/a
Holdings42
Inception DateJan 5, 2015

About MELAX

Morgan Stanley Institutional Fund, Inc. Emerging Markets Leaders Portfolio Class A is an actively managed mutual fund that seeks long-term capital appreciation by investing in large-cap equities across emerging markets. The fund employs a high-conviction, benchmark-agnostic investment strategy focused on structural compounders benefiting from growth in continental-sized emerging markets, particularly Greater China, India, Latin America, and Southeast Asia. The portfolio typically holds 32 carefully selected securities with significant exposure to India, Brazil, and Taiwan, diversified across sectors including technology, consumer cyclical, industrials, and financials. Environmental, Social, and Governance factors are integrated throughout the investment process. The fund targets risk-adjusted returns through selective country and thematic positioning, distinguishing itself through active management that diverges meaningfully from its MSCI Emerging Markets Net Index benchmark. Class A shares are available to individual and institutional investors seeking focused emerging market equity exposure with professional portfolio management.

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

Performance

MELAX had a total return of 13.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.15%.

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

53.54% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited233011.89%
Localiza Rent a Car S.A.RENT36.98%
Nu Holdings Ltd.NU4.89%
Grupo Financiero Banorte, S.A.B. de C.V.GFNORTEO4.88%
Varun Beverages LimitedVBL4.55%
Bharti Airtel LimitedBHARTIARTL4.44%
Sea LimitedSE4.32%
Morgan Stanley Inst Lqudty Gov Sec InsMUIXX4.13%
XP Inc.XP3.75%
Raia Drogasil S.A.RADL33.70%
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