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Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Emerging Markets Equity Portfolio

MEMEX | Fund

$23.87

$184 M

0.27%

$0.06

1.28%

Vitals

YTD Return

35.9%

1 yr return

66.2%

3 Yr Avg Return

27.8%

5 Yr Avg Return

9.2%

Net Assets

$184 M

Holdings in Top 10

45.7%

52 WEEK LOW AND HIGH

$23.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 39.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Emerging Markets Equity Portfolio

MEMEX | Fund

$23.87

$184 M

0.27%

$0.06

1.28%

MEMEX - Profile

Distributions

  • YTD Total Return 35.9%
  • 3 Yr Annualized Total Return 27.8%
  • 5 Yr Annualized Total Return 9.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.44%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Emerging Markets Equity Portfolio
  • Fund Family Name
    Morgan Stanley Funds
  • Inception Date
    May 01, 2017
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Paul Psaila

Fund Description

The Fund’s “Adviser,” Morgan Stanley Investment Management Inc., and the Fund’s “Sub-Adviser,” Morgan Stanley Investment Management Company (“MSIM Company”), seek to maximize returns by investing primarily in quality growth-oriented equity securities in emerging markets.
The Adviser’s and/or Sub-Adviser’s investment approach combines top-down country and thematic allocation with bottom-up stock selection. The Adviser and/or Sub-Adviser allocate the Fund’s assets among emerging markets based on relative economic, political and social fundamentals, stock valuations and investor sentiment. To seek to manage risk, the Adviser and/or Sub-Adviser emphasize  macroeconomic and fundamental research.
The investment process integrates information about environmental, social and governance issues (also referred to as ESG) when making investment decisions. The Adviser and/or Sub-Adviser believe that monitoring ESG helps build a more complete
picture of the opportunities and risks facing companies, and seeks to engage directly with company management to gain insights on how each company addresses material ESG issues and how these may affect long-term financial performance.
Under normal circumstances, at least 80% of the Fund’s assets will be invested in equity securities of issuers located in emerging market countries. This policy may be changed without shareholder approval; however, you would be notified upon 60 days’ notice in writing of any changes. Equity securities generally represent an ownership interest in an issuer or may be convertible into or represent a right to acquire an ownership interest in an issuer.  The Adviser and/or Sub-Adviser consider an issuer to be located in an emerging market country if (i) its principal securities trading market is in an emerging market country, (ii) alone or on a consolidated basis it derives 50% or more of its annual revenue or profits from goods produced, sales made or services performed in emerging market countries or has at least 50% of its assets, core business operations and/or employees in emerging markets countries or (iii) it is organized under the laws of, or has a principal office in, an emerging market country. By applying this test, it is possible that a particular issuer could be deemed to be located in more than one country.  Emerging market or developing countries are countries that major international financial institutions or the Fund’s benchmark index generally consider to be less economically mature than developed nations, such as the United States or most nations in Western Europe. Emerging market or developing countries can include every nation in the world except the United States, Canada, Japan, Australia, New Zealand and most countries located in Western  Europe. The Adviser and/or Sub-Adviser generally consider selling an investment when they determine the company no longer satisfies their investment criteria.
The Fund may, but it is not required to, use derivatives and similar instruments for a variety of purposes, including hedging, risk management, portfolio management or to earn income. The Fund’s use of derivatives may involve the purchase and sale of derivative instruments such as futures and other similar instruments and techniques. The Fund may utilize foreign currency forward exchange contracts, which are also derivatives, in connection with its investments in foreign securities. Derivative instruments used by the Fund will be counted toward the Fund’s 80% policy discussed above to the extent they have economic characteristics similar to the securities included within that policy.
Read More

MEMEX - Performance

Return Ranking - Trailing

Period MEMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 35.9% -18.5% 102.9% 9.02%
1 Yr 66.2% -14.2% 239.7% 14.40%
3 Yr 27.8%* -0.2% 66.1% 16.01%
5 Yr 9.2%* -11.3% 25.5% 20.40%
10 Yr N/A* 0.8% 21.5% 70.22%

* Annualized

Return Ranking - Calendar

Period MEMEX Return Category Return Low Category Return High Rank in Category (%)
2025 28.0% -39.1% 56.9% 49.53%
2024 6.4% -24.0% 31.7% 30.76%
2023 8.2% -6.5% 35.5% 55.13%
2022 -34.2% -50.1% -2.4% 92.83%
2021 2.1% -33.1% 22.5% 17.13%

Total Return Ranking - Trailing

Period MEMEX Return Category Return Low Category Return High Rank in Category (%)
YTD 35.9% -18.5% 102.9% 9.02%
1 Yr 66.2% -14.2% 239.7% 14.40%
3 Yr 27.8%* -0.2% 66.1% 16.01%
5 Yr 9.2%* -11.3% 25.5% 20.40%
10 Yr N/A* 0.8% 21.5% 68.69%

* Annualized

Total Return Ranking - Calendar

Period MEMEX Return Category Return Low Category Return High Rank in Category (%)
2025 33.0% 0.1% 87.2% 43.22%
2024 7.8% -16.6% 31.7% 31.23%
2023 12.0% -2.5% 42.0% 42.81%
2022 -25.1% -42.2% 1.9% 71.17%
2021 3.0% -32.5% 33.1% 30.28%

NAV & Total Return History

MEMEX - Holdings

Concentration Analysis

MEMEX Category Low Category High MEMEX % Rank
Net Assets 184 M 682 K 160 B 75.39%
Number of Holdings 92 10 7640 55.05%
Net Assets in Top 10 84 M 290 K 47.3 B 67.98%
Weighting of Top 10 45.65% 2.9% 107.6% 25.28%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 17.26%
  2. Samsung Electronics Co Ltd 10.03%
  3. Tencent Holdings Ltd 4.47%
  4. Alibaba Group Holding Ltd 3.23%
  5. SK hynix Inc 2.12%
  6. Delta Electronics Inc 1.86%
  7. China Construction Bank Corp 1.82%
  8. WEG SA 1.77%
  9. Grupo Financiero Banorte SAB de CV 1.55%
  10. Antofagasta PLC 1.55%

Asset Allocation

Weighting Return Low Return High MEMEX % Rank
Stocks 		98.91% 0.00% 102.89% 22.08%
Preferred Stocks 		1.29% 0.00% 12.21% 37.07%
Cash 		0.86% -2.03% 17.54% 72.08%
Other 		0.00% -0.56% 10.07% 48.26%
Convertible Bonds 		0.00% 0.00% 7.40% 32.91%
Bonds 		0.00% 0.00% 138.18% 38.49%

Stock Sector Breakdown

Weighting Return Low Return High MEMEX % Rank
Technology 		32.35% 0.00% 47.50% 5.60%
Financial Services 		26.33% 0.00% 48.86% 11.68%
Consumer Cyclical 		10.99% 0.00% 48.94% 66.24%
Basic Materials 		10.90% 0.00% 30.03% 24.48%
Consumer Defense 		5.65% 0.00% 25.90% 62.72%
Industrials 		5.20% 0.00% 43.53% 65.92%
Communication Services 		3.63% 0.00% 39.29% 90.72%
Energy 		3.57% 0.00% 24.80% 59.04%
Healthcare 		1.38% 0.00% 16.53% 86.08%
Utilities 		0.00% 0.00% 39.12% 79.52%
Real Estate 		0.00% 0.00% 17.15% 89.60%

Stock Geographic Breakdown

Weighting Return Low Return High MEMEX % Rank
Non US 		95.39% 0.00% 100.93% 7.89%
US 		3.53% 0.00% 96.45% 82.81%

MEMEX - Expenses

Operational Fees

MEMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.28% 0.02% 26.99% 48.10%
Management Fee 0.75% 0.00% 1.50% 30.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.85% 44.10%

Sales Fees

MEMEX 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

MEMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

MEMEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 0.00% 189.00% 48.32%

MEMEX - Distributions

Dividend Yield Analysis

MEMEX Category Low Category High MEMEX % Rank
Dividend Yield 0.27% 0.00% 9.74% 62.46%

Dividend Distribution Analysis

MEMEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

MEMEX Category Low Category High MEMEX % Rank
Net Income Ratio 0.44% -1.98% 17.62% 63.13%

Capital Gain Distribution Analysis

MEMEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

MEMEX - Fund Manager Analysis

Managers

Paul Psaila

Start Date

Tenure

Tenure Rank

Oct 01, 1996

25.68

25.7%

Paul is a portfolio manager for the Global Emerging Markets Equity portfolios, focusing on Global Macro Analytics and Emerging Europe, the Middle East and Africa region. He joined Morgan Stanley in 1994 and has 22 years of investment experience. Prior to joining the firm, Paul was a research associate at the International Monetary Fund. Paul received a B.A. in political science from Brandeis University and a master's degree in economic and Latin American studies from the School of Advanced International Studies at Johns Hopkins University. He holds the Chartered Financial Analyst designation.

Eric Carlson

Start Date

Tenure

Tenure Rank

Sep 30, 1997

24.68

24.7%

Eric is a portfolio manager on the Global Emerging Markets Equity team, focusing on Europe, the Middle East and Africa, and thematic research. He joined Morgan Stanley in 1997 and has 21 years of investment experience. Prior to joining the firm, Eric worked as a telecommunications analyst at Neuberger & Berman. Eric received a B.A. magna cum laude in social studies from Harvard University and a J.D. from Harvard Law School.

Amay Hattangadi

Start Date

Tenure

Tenure Rank

Jul 11, 2018

3.89

3.9%

Amay is Managing Director of MSIM Company. He joined Morgan Stanley in 1997 and has 21 years of investment experience. Previously, he was a portfolio administrator. Amay received a Bachelor of Commerce degree from the University of Mumbai. He is an Associate Member of the Institute of Chartered Accountants of India. He holds the Charted Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.79 13.42

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