# Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I (MSAQX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/msaqx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Morgan Stanley · Asset class: Equity - Strategy: Thematic · Inception: 2015-12-29 The fund aims to generate long-term capital growth for its investors. It achieves this by primarily allocating its investments to the equity securities of companies based in Asia, with the notable exclusion of Japan. In its stock selection process, the investment adviser actively discerns high-quality companies, encompassing both established market leaders and promising emerging enterprises, which are believed to be undervalued at the time of purchase. To ensure that a minimum of 80% of the fund's total assets remain invested in Asian equity securities, the portfolio may also incorporate in... ## Key Facts | Metric | Value | |---|---| | Price | $21.73 | | Expense Ratio | 1.10% | | Assets Under Management | $95.6M | | NAV | $21.73 | | Holdings Count | — | | Distribution Yield (TTM) | 3.31% | | Annual Distribution (TTM) | $0.72 /share | | Distribution Frequency | Annual | | 52-Week Range | $19.16 – $26.14 | | Beta | 0.96 | ## Latest Distribution - Amount: $0.7194 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does MSAQX invest in? The fund aims to generate long-term capital growth for its investors. It achieves this by primarily allocating its investments to the equity securities of companies based in Asia, with the notable exclusion of Japan. In its stock selection process, the investment adviser actively discerns high-quality companies, encompassing both established market leaders and promising emerging enterprises, which are believed to be undervalued at the time of purchase. To ensure that a minimum of 80% of the fund's total assets remain invested in Asian equity securities, the portfolio may also incorporate instruments such as American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), and other comparable depositary receipts representing Asian issuers. ### What is the expense ratio of MSAQX? Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I (MSAQX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MSAQX? Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I (MSAQX) manages $95.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MSAQX actively managed or an index fund? MSAQX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MSAQX launched? Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I (MSAQX) launched in December 2015 and is managed by Morgan Stanley. ### How has MSAQX performed? MSAQX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does MSAQX pay a dividend? Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I (MSAQX) currently distributes little or no income. Trailing-twelve-month yield is 3.31%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MSAQX pay dividends? Morgan Stanley Institutional Fund - Asia Opportunity Portfolio Class I pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MSAQX's dividend yield? MSAQX's trailing-twelve-month yield is 3.31%, calculated from the sum of dividends over the past year divided by the current price. ### When is MSAQX's next ex-dividend date? The most recently announced ex-dividend date for MSAQX was 2025-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MSAQX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MSAQX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MSAQX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MSAQX cost more than a fund like VOO? MSAQX's strategy (current expense ratio 1.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MSAQX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MSAQX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MSAQX (1.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/msaqx - Distribution history: https://www.dividenddata.com/funds/msaqx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/msaqx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/msaqx/expenses - Peer comparison: https://www.dividenddata.com/funds/msaqx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.