Morgan Stanley Institutional Global Concentrated Portfolio Class A (MLNAX)
| Fund Assets | 296.04M |
| Expense Ratio | 1.33% |
| Min. Investment | $1,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.37% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 26.27 |
| YTD Return | 11.66% |
| 1-Year Return | 23.80% |
| 5-Year Return | 89.13% |
| 52-Week Low | 20.26 |
| 52-Week High | 26.58 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | May 27, 2016 |
About MLNAX
Morgan Stanley Institutional Fund, Inc. Global Concentrated Portfolio Class A is an open-end mutual fund focused on achieving long-term capital appreciation. Managed by Morgan Stanley Investment Management, the fund invests in a concentrated portfolio of 15 to 21 companies from both U.S. and international markets. Its investment approach blends quantitative models with rigorous stock-specific research to select firms that offer attractive valuations, above-average growth potential, and competitive dividend yields. The fund is sector-agnostic but seeks to outperform its benchmark, the MSCI World Net Index, by maintaining flexibility across value and growth styles. Its holdings span various industries, with significant allocations in financials, information technology, and communication services, reflecting a diversified but focused strategy. The portfolio emphasizes a relatively low turnover rate and limits sector concentration risks, while maintaining a global perspective. Suitable for investors seeking concentrated exposure to leading global companies, the fund plays a strategic role in growth-oriented investment portfolios, leveraging both top-down and bottom-up analysis to identify opportunities across developed markets.
Performance
MLNAX had a total return of 23.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.12%.
Top 10 Holdings
63.19% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.20% |
| The Progressive Corporation | PGR | 7.81% |
| CRH plc | CRH | 6.65% |
| Costco Wholesale Corporation | COST | 6.41% |
| Netflix, Inc. | NFLX | 6.05% |
| Microsoft Corporation | MSFT | 5.88% |
| Ferrari N.V. | RACE | 5.77% |
| CBRE Group, Inc. | CBRE | 5.63% |
| Sumitomo Mitsui Financial Group, Inc. | SMFG | 5.44% |
| Tencent Holdings Limited | TCEHY | 5.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2023 | $0.09489 | Dec 15, 2023 |
| Dec 16, 2022 | $0.00153 | Dec 16, 2022 |
| Dec 16, 2020 | $0.00041 | Dec 16, 2020 |
| Dec 16, 2019 | $0.11304 | Dec 16, 2019 |
| Dec 17, 2018 | $0.036 | Dec 17, 2018 |