Advantage Portfolio
Name
As of 09/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.7%
1 yr return
33.7%
3 Yr Avg Return
-13.2%
5 Yr Avg Return
4.2%
Net Assets
$207 M
Holdings in Top 10
61.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.26%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 69.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MAPPX - Profile
Distributions
- YTD Total Return 10.7%
- 3 Yr Annualized Total Return -13.2%
- 5 Yr Annualized Total Return 4.2%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio -1.02%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAdvantage Portfolio
-
Fund Family NameMorgan Stanley Funds
-
Inception DateMay 24, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlexander Norton
Fund Description
MAPPX - Performance
Return Ranking - Trailing
Period | MAPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.7% | -4.8% | 399.3% | 98.30% |
1 Yr | 33.7% | -2.7% | 452.5% | 74.44% |
3 Yr | -13.2%* | -30.3% | 60.5% | 98.26% |
5 Yr | 4.2%* | -14.5% | 50.8% | 99.42% |
10 Yr | 9.0%* | -5.3% | 28.3% | 95.10% |
* Annualized
Return Ranking - Calendar
Period | MAPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.9% | -74.1% | 72.4% | 11.11% |
2022 | -64.5% | -85.9% | 4.7% | 98.63% |
2021 | -23.2% | -52.4% | 60.5% | 97.61% |
2020 | 65.3% | -34.3% | 145.0% | 4.86% |
2019 | 23.8% | -21.8% | 49.4% | 58.00% |
Total Return Ranking - Trailing
Period | MAPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.7% | -4.8% | 399.3% | 98.30% |
1 Yr | 33.7% | -2.7% | 452.5% | 74.44% |
3 Yr | -13.2%* | -30.3% | 60.5% | 98.26% |
5 Yr | 4.2%* | -14.5% | 50.8% | 99.42% |
10 Yr | 9.0%* | -5.3% | 28.3% | 95.10% |
* Annualized
Total Return Ranking - Calendar
Period | MAPPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 45.9% | -4.6% | 72.4% | 16.22% |
2022 | -54.7% | -61.7% | 5.6% | 97.54% |
2021 | -4.7% | -39.8% | 118.1% | 98.16% |
2020 | 74.3% | 2.8% | 149.2% | 5.24% |
2019 | 26.2% | -5.2% | 49.4% | 94.00% |
NAV & Total Return History
MAPPX - Holdings
Concentration Analysis
MAPPX | Category Low | Category High | MAPPX % Rank | |
---|---|---|---|---|
Net Assets | 207 M | 292 K | 287 B | 77.69% |
Number of Holdings | 30 | 2 | 3143 | 92.08% |
Net Assets in Top 10 | 99 M | 109 K | 151 B | 81.14% |
Weighting of Top 10 | 61.09% | 0.7% | 205.0% | 14.90% |
Top 10 Holdings
- Cloudflare Inc 9.65%
- DoorDash Inc 7.48%
- Trade Desk Inc/The 7.03%
- Shopify Inc 6.20%
- Tesla Inc 6.19%
- Snowflake Inc 5.20%
- Amazon.com Inc 5.08%
- ROBLOX Corp 4.89%
- Airbnb Inc 4.73%
- Royalty Pharma PLC 4.63%
Asset Allocation
Weighting | Return Low | Return High | MAPPX % Rank | |
---|---|---|---|---|
Stocks | 98.73% | 0.00% | 115.30% | 52.22% |
Cash | 1.27% | 0.00% | 173.52% | 44.13% |
Other | 0.12% | -31.50% | 49.06% | 18.68% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 73.04% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 71.12% |
Bonds | 0.00% | 0.00% | 103.97% | 71.71% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MAPPX % Rank | |
---|---|---|---|---|
Technology | 61.89% | 0.00% | 65.70% | 0.45% |
Communication Services | 14.27% | 0.00% | 66.40% | 16.67% |
Consumer Cyclical | 12.06% | 0.00% | 62.57% | 73.53% |
Healthcare | 11.78% | 0.00% | 39.76% | 57.84% |
Utilities | 0.00% | 0.00% | 16.07% | 77.72% |
Real Estate | 0.00% | 0.00% | 16.05% | 89.75% |
Industrials | 0.00% | 0.00% | 30.65% | 97.68% |
Financial Services | 0.00% | 0.00% | 43.06% | 99.73% |
Energy | 0.00% | 0.00% | 41.09% | 87.17% |
Consumer Defense | 0.00% | 0.00% | 25.50% | 96.17% |
Basic Materials | 0.00% | 0.00% | 18.91% | 90.82% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MAPPX % Rank | |
---|---|---|---|---|
US | 95.06% | 0.00% | 115.30% | 80.87% |
Non US | 3.67% | 0.00% | 75.51% | 14.06% |
MAPPX - Expenses
Operational Fees
MAPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.26% | 0.01% | 28.71% | 28.04% |
Management Fee | 0.65% | 0.00% | 1.50% | 61.74% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.66% |
Administrative Fee | 0.08% | 0.01% | 1.02% | 42.37% |
Sales Fees
MAPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 2.25% | 8.50% | 76.62% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MAPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | 38.24% |
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.
MAPPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 69.00% | 0.00% | 316.74% | 78.35% |
MAPPX - Distributions
Dividend Yield Analysis
MAPPX | Category Low | Category High | MAPPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 27.58% | 82.81% |
Dividend Distribution Analysis
MAPPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MAPPX | Category Low | Category High | MAPPX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.02% | -6.13% | 3.48% | 88.00% |
Capital Gain Distribution Analysis
MAPPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2022 | $3.427 | CapitalGainLongTerm |
Dec 13, 2021 | $7.781 | OrdinaryDividend |
Dec 11, 2020 | $2.231 | OrdinaryDividend |
Dec 11, 2019 | $0.085 | CapitalGainShortTerm |
Dec 11, 2019 | $0.406 | CapitalGainLongTerm |
Nov 14, 2018 | $0.019 | CapitalGainShortTerm |
Nov 14, 2018 | $0.933 | CapitalGainLongTerm |
Jul 03, 2018 | $0.072 | CapitalGainShortTerm |
Jul 03, 2018 | $0.311 | CapitalGainLongTerm |
Dec 11, 2017 | $0.156 | CapitalGainShortTerm |
Dec 11, 2017 | $1.330 | CapitalGainLongTerm |
Jul 05, 2017 | $0.108 | CapitalGainLongTerm |
Dec 16, 2016 | $0.002 | CapitalGainShortTerm |
Dec 16, 2016 | $0.091 | CapitalGainLongTerm |
Jul 05, 2016 | $0.286 | CapitalGainLongTerm |
Dec 16, 2015 | $1.389 | CapitalGainLongTerm |
Jul 02, 2015 | $0.141 | CapitalGainLongTerm |
Jul 02, 2014 | $0.076 | CapitalGainShortTerm |
Jul 02, 2014 | $0.117 | CapitalGainLongTerm |
Dec 16, 2013 | $0.192 | CapitalGainShortTerm |
Dec 16, 2013 | $0.184 | CapitalGainLongTerm |
Jul 02, 2013 | $0.002 | CapitalGainShortTerm |
Jul 02, 2013 | $0.159 | CapitalGainLongTerm |
Dec 17, 2012 | $0.072 | OrdinaryDividend |
Dec 17, 2012 | $0.740 | CapitalGainLongTerm |
Dec 16, 2011 | $0.039 | OrdinaryDividend |
Jul 07, 2011 | $0.001 | OrdinaryDividend |
Dec 17, 2010 | $0.031 | OrdinaryDividend |
MAPPX - Fund Manager Analysis
Managers
Alexander Norton
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Alexander Norton is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2000 and has been with financial industry since 1995. Prior to joining the firm, Alex was an associate in equity derivative sales and later an associate in equity research at Donaldson, Lufkin & Jenrette. Previously, he was a bond broker with Cantor Fitzgerald. Alex received a B.A. in history from the University of Pennsylvania and an M.B.A. in finance from Columbia Business School.
Jason Yeung
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Jason Yeung is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has been with financial industry since 1997. Jason joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Jason was a senior research analyst at Ramius Capital Group. Previously, he was an equity research associate at Deutsche Bank. Jason received a B.A., Phi Beta Kappa, in international relations from Johns Hopkins University and an M. Phil. in international relations from the University of Cambridge. He holds the Chartered Financial Analyst designation.
Sandeep (Sam) Chainani
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Sam Chainani is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1996 and has been with financial industry since 1996. Sam joined the team as an investor in 2000. Previously, he was a strategy specialist for our Inception and Discovery strategies. Sam received a B.S. in management with a concentration in finance from Binghamton University. He holds the Chartered Financial Analyst designation.
Armistead Nash
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Armistead Nash is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has has been with financial industry since 2000. Armistead joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Armistead was an associate in investment product development at BlackRock Financial Management. Previously, he was a research analyst in high-yield research at KEA Capital. Armistead received a B.A. in history from the University of Virginia and an M.B.A. from the University of Virginia's Darden School of Business Administration.
Dennis Lynch
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Dennis is the Head of the Counterpoint Global team at Morgan Stanley Investment Management. He joined Morgan Stanley in 1998 and has been with financial industry since 1994. Prior to joining the firm, he worked as a sell-side analyst for J.P. Morgan Securities. Dennis received a B.A. in political science from Hamilton College and an M.B.A. with honors in finance from Columbia University.
David Cohen
Start Date
Tenure
Tenure Rank
Jun 30, 2008
13.93
13.9%
Dave Cohen is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1993 and has has been with financial industry since 1988. Dave joined the team as an investor in 1999. Prior to joining the firm, Dave was a senior fund accountant at Alliance Capital. Previously, he was a fund accountant at Natwest and Wall Street Trust. Dave received a B.S. summa cum laude in management from Pace University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.26 | 3.08 |