Morgan Stanley Inst Next Gen Em Mkts I (MFMIX)
| Fund Assets | 20.74M |
| Expense Ratio | 1.25% |
| Min. Investment | $5,000,000 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 2.99% |
| Dividend Growth | 161.76% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 17.51 |
| YTD Return | 9.03% |
| 1-Year Return | 9.85% |
| 5-Year Return | 5.99% |
| 52-Week Low | 13.60 |
| 52-Week High | 17.79 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| Inception Date | Aug 27, 2008 |
About MFMIX
Morgan Stanley Institutional Fund, Inc. Next Gen Emerging Markets Portfolio Class I is an actively managed mutual fund focused on equity investments within emerging and frontier markets. Its primary objective is to achieve long-term capital appreciation by identifying growth opportunities in overlooked regions and sectors typically underrepresented in global portfolios. Utilizing a blend of top-down macroeconomic and thematic analysis alongside bottom-up company selection, the portfolio targets high-quality firms poised for sustainable returns, often in consumer-driven industries, technology, financial services, and healthcare. The fund is characterized by its concentrated portfolio approach and emphasis on secular themes such as rising consumer demand and expanding addressable markets in smaller and less-trafficked economies. Managed by Morgan Stanley's experienced Emerging Markets Equity Team, the portfolio offers annual distributions and is aimed at institutional investors, with a significant minimum investment requirement. As part of the diversified emerging markets category, the fund plays a specialized role in offering exposure to the "next generation" of high-growth regions that may drive future global economic expansion.
Performance
MFMIX had a total return of 9.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.88%.
Top 10 Holdings
42.70% of assets| Name | Symbol | Weight |
|---|---|---|
| FPT Corporation | FPT | 6.47% |
| MercadoLibre, Inc. | MELI | 6.14% |
| National Atomic Company Kazatomprom JSC | KAP | 4.27% |
| Nova Ljubljanska Banka dd | n/a | 4.24% |
| Century Pacific Food Inc | CNPF.PM | 4.22% |
| PT Medikaloka Hermina Tbk | HEAL | 3.68% |
| Systems Ltd | n/a | 3.47% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 3.46% |
| Commercial International Bank Egypt (CIB) S.A.E. | CBKD | 3.46% |
| Phu Nhuan Jewelry JSC | PNJ | 3.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.52436 | Dec 16, 2024 |
| Dec 15, 2023 | $0.20032 | Dec 15, 2023 |
| Dec 16, 2020 | $0.00684 | Dec 16, 2020 |
| Dec 16, 2019 | $0.4977 | Dec 16, 2019 |
| Dec 17, 2018 | $0.45676 | Dec 17, 2018 |
| Jul 6, 2018 | $0.19521 | Jul 6, 2018 |