Fund Evaluator:

Morgan Stanley Inst Global Opp IR Overview

Morgan Stanley Inst Global Opp IR (MGORX) is an actively managed International Equity Global Large-Stock Growth fund. Morgan Stanley launched the fund in 2018.

The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing primarily in established and emerging companies located throughout the world, with capitalizations within the range of companies included in the MSCI All Country World Index. In selecting securities for investment, the Adviser seeks high quality established and emerging companies that the Adviser believes are undervalued at the time of purchase. The fund may invest in equity securities. It may also invest in privately placed and restricted securities.

About Morgan Stanley Inst Global Opp IR (MGORX)

There are 1 members of the management team with an average tenure of 18.18 years: Kristian Heugh (2008). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Morgan Stanley Inst Global Opp IR has 43 securities in its portfolio. The top 10 holdings constitute 49.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Morgan Stanley Inst Global Opp IR is part of the Equity global asset class and is within the International Equity fund group. Morgan Stanley Inst Global Opp IR has 53.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 45.4%. There is 53.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Morgan Stanley Inst Global Opp IR has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $224 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

MGORX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Morgan Stanley Inst Global Opp IR expense ratio is high compared to funds in the Global Large-Stock Growth category. Morgan Stanley Inst Global Opp IR has an expense ratio of 0.95%, which is 15% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Morgan Stanley Inst Global Opp IR has a portfolio turnover rate of 11%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.

Recently, in the month of July 2026, Morgan Stanley Inst Global Opp IR returned -5.1%, which earned it a grade of D, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Morgan Stanley Inst Global Opp IR has a trailing yield of 0.00%, which is below the 0.27% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Morgan Stanley Inst Global Opp IR Grades

Year to date, the fund has returned 1.0%, 5.0 percentage points worse than the category, which translates into a grade of F. The fund has returned 0.3% over the past year (grade of F), 15.4% over the past three years (grade of B) and 4.2% per year over the past five years (grade of D) and 13.9% per year over the past 10 years (grade of A).

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