EUGDX: Morgan Stanley Europe Opportunity I

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EUGDX Morgan Stanley Europe Opportunity I


Profile

EUGDX - Profile

Vitals

  • YTD Return 23.0%
  • 3 Yr Annualized Return 10.9%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $129 M
  • Holdings in Top 10 48.7%

52 WEEK LOW AND HIGH

$25.55
$15.53
$25.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Europe Stock

Distributions

  • YTD Total Return 23.0%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.98%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Morgan Stanley Europe Opportunity Fund Inc.
  • Fund Family Name
    Morgan Stanley
  • Inception Date
    Jul 28, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wendy Wang

Fund Description

Under normal market conditions, the Adviser seeks to achieve the fund’s investment objective by investing primarily in high quality established and emerging companies located in Europe that the investment team believes are undervalued at the time of purchase. The Adviser emphasizes a bottom-up stock selection process, seeking attractive investments on an individual company basis. The fund will normally invest at least 80% of its assets in equity securities issued by issuers located in European countries.


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Categories

Performance

EUGDX - Performance

Return Ranking - Trailing

Period EUGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.0% -75.5% 23.0% 1.45%
1 Yr 31.3% -76.5% 31.3% 1.45%
3 Yr 10.9%* -38.8% 10.9% 1.54%
5 Yr 5.6%* -25.2% 9.2% 11.32%
10 Yr 5.8%* -12.4% 6.4% 8.11%

* Annualized

Return Ranking - Calendar

Period EUGDX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% 0.0% 44.8% 30.43%
2018 -13.9% -39.7% 0.0% 7.69%
2017 22.0% 0.0% 36.7% 54.72%
2016 -5.3% -13.1% 6.4% 64.15%
2015 -7.4% -19.7% 9.3% 90.38%

Total Return Ranking - Trailing

Period EUGDX Return Category Return Low Category Return High Rank in Category (%)
YTD 23.0% -75.5% 23.0% 1.45%
1 Yr 31.3% -76.5% 31.3% 1.45%
3 Yr 11.2%* -37.8% 11.2% 1.54%
5 Yr 6.8%* -23.7% 10.1% 11.32%
10 Yr 7.8%* -10.3% 8.0% 5.41%

* Annualized

Total Return Ranking - Calendar

Period EUGDX Return Category Return Low Category Return High Rank in Category (%)
2019 23.3% 0.0% 44.8% 30.43%
2018 -13.9% -39.7% 0.0% 7.69%
2017 23.1% 0.0% 38.4% 58.49%
2016 -2.6% -13.1% 8.9% 32.08%
2015 -5.2% -19.7% 11.5% 86.54%

NAV & Total Return History


Holdings

EUGDX - Holdings

Concentration Analysis

EUGDX Category Low Category High EUGDX % Rank
Net Assets 129 M 4.17 M 16.4 B 71.01%
Number of Holdings 29 28 1306 98.55%
Net Assets in Top 10 42.2 M -3.08 M 2.75 B 69.57%
Weighting of Top 10 48.72% 7.6% 74.3% 10.14%

Top 10 Holdings

  1. Coloplast A/S B 6.05%
  2. ASML Holding NV ADR 5.74%
  3. Grifols SA A 5.44%
  4. Novo Nordisk A/S ADR 5.11%
  5. SAP SE 4.54%
  6. Roche Holding AG Dividend Right Cert. 4.46%
  7. Experian PLC 4.45%
  8. Symrise AG 4.37%
  9. Hermes International SA 4.28%
  10. RELX PLC ADR 4.28%

Asset Allocation

Weighting Return Low Return High EUGDX % Rank
Stocks
98.92% 90.81% 128.69% 34.78%
Cash
1.09% -28.69% 7.77% 72.46%
Preferred Stocks
0.00% 0.00% 0.00% 91.30%
Other
0.00% 0.00% 2.57% 91.30%
Convertible Bonds
0.00% 0.00% 0.00% 91.30%
Bonds
0.00% -29.77% 0.51% 91.30%

Stock Sector Breakdown

Weighting Return Low Return High EUGDX % Rank
Healthcare
30.79% 4.14% 30.79% 5.80%
Consumer Defense
15.79% 1.61% 21.02% 18.84%
Technology
14.47% 2.54% 25.09% 30.43%
Industrials
12.62% 1.99% 35.46% 76.81%
Consumer Cyclical
12.25% 0.00% 19.12% 43.48%
Basic Materials
9.41% 0.04% 13.98% 26.09%
Communication Services
4.67% 0.00% 11.92% 62.32%
Utilities
0.00% 0.00% 9.13% 97.10%
Real Estate
0.00% 0.00% 6.98% 92.75%
Financial Services
0.00% 0.00% 22.44% 100.00%
Energy
0.00% 0.00% 16.39% 95.65%

Stock Geographic Breakdown

Weighting Return Low Return High EUGDX % Rank
Non US
94.47% 85.95% 127.40% 79.71%
US
4.45% 0.00% 10.84% 10.14%

Expenses

EUGDX - Expenses

Operational Fees

EUGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.07% 8.50% 76.81%
Management Fee 0.87% 0.06% 1.46% 60.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.05% 0.15% 62.07%

Sales Fees

EUGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

EUGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 55.56%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

EUGDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 1.00% 153.00% 42.19%

Distributions

EUGDX - Distributions

Dividend Yield Analysis

EUGDX Category Low Category High EUGDX % Rank
Dividend Yield 0.00% 0.00% 7.32% 91.30%

Dividend Distribution Analysis

EUGDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

EUGDX Category Low Category High EUGDX % Rank
Net Income Ratio 0.98% -0.34% 5.37% 68.12%

Capital Gain Distribution Analysis

EUGDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

EUGDX - Fund Manager Analysis

Managers

Wendy Wang


Start Date

Tenure

Tenure Rank

Apr 14, 2020

0.3

0.3%

Wendy Wang is an investor for the Global Opportunity team. She joined Morgan Stanley in 2012 and has 11 years of investment experience. Prior to joining the firm, Wendy was a research associate for consumer and renewable energy sectors at CLSA and Yuanta. Previously, she was a corporate finance analyst at McKinsey & Company. Wendy received a B.B.A. in accounting and finance from the University of Hong Kong, Hong Kong and holds the Chartered Financial Analyst designation.

Kristian Heugh


Start Date

Tenure

Tenure Rank

Apr 14, 2020

0.3

0.3%

Kristian Heugh is the Head of the Global Opportunity team and leads Global and International investing for Counterpoint Global. He joined Morgan Stanley in 2001 and has 18 years of investment experience. Previously, Kristian was a co-portfolio manager of an international equity strategy and a technology strategy while a member of the Global Research Group, working closely with the Counterpoint Global team. Prior to that, he was a technology analyst for MSIM’s Sector Rotation multi-cap growth strategies. Kristian received a B.A. in economics from Duke University and holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 22.76 8.85 16.59