SA Morgan Stanley International Equities Portfolio
Data updated: 2026-09-28
C000022019 — SA Morgan Stanley International Equities Portfolio. Europe Multi-Cap / All-Cap Value Equity. Holdings, fees, performance and SEC filings.
C000022019 Fund Overview
SA Morgan Stanley International Equities Portfolio is a US mutual fund managed by Sunamerica Series Trust, categorised as Europe Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sunamerica Series Trust
- Category: Europe Multi-Cap / All-Cap Value Equity
- Assets under management: $329.37M
- 1-year return: 15.4%
- SEC CIK: 0000892538
- SEC series ID: S000008098
- Share class ID: C000022019
C000022019 Investment Objective and Strategy
SA Morgan Stanley International Equities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series Trust.
Investment objective
The Portfolios investment goal is long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Portfolio seeks to invest at least 80% of its net assets in non-U.S. equity securities of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE Index (the Index) and derivatives that are tied economically to securities of the Index. Investments in derivatives are counted toward the Portfolios 80% policy to the extent that they provide investment exposure to the securities included within that policy or to one or more market risk factors associated with such securities. The Index is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the United States and Canada. The Index is comprised of large- and mid-cap developed market equities.
Equity securities include common stock and preferred stock. The Portfolio primarily seeks to purchase common stock and may also invest in preferred stock and convertible securities (including, without limitation, convertible preferred stock, convertible debt securities, and other instruments with equity conversion features). From time to time, the Portfolio may invest in shares of companies through new issues or initial public offerings. The Portfolio will invest in securities of non-U.S. issuers. While these investments may be valued in U.S. dollars, they will generally be valued in foreign currencies. When investments are held in foreign currencies, the Portfolio may use hedging strategies to reduce the risk of currency fluctuations, although it is not required to do so. In addition, the Portfolio may enter into currency transactions as a strategy to increase the Portfolios overall return.
The Portfolio may use derivatives, including options, futures, swaps (including, but not limited to, total return swaps, some of which may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Portfolio and to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. In order to manage cash flows into or out of the Portfolio effectively, the Portfolio may buy and sell financial futures contracts or options on such contracts. The subadviser seeks to pursue the Portfolios investment goal by investing in international securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks which the Portfolio can seek to capture by over- and under-weighting particular equities while seeking to control the additional risk created by these equities so that the Portfolios overall risk profile remains consistent with its benchmark.
The subadviser then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process. The subadviser has no stated minimum holding period for investments and may buy or sell securities whenever it sees an appropriate opportunity. The subadviser may engage in active and frequent trading of the Portfolios investments to achieve the Portfolios investment goal. The subadvisers investment process leverages fundamentally informed and data-driven insights, which may use a range of factors to generate investment ideas, including macroeconomic inputs, company fundamentals, machine learning and artificial intelligence methods including large language models, sentiment analysis, factor and thematic insights, and measures of whether a security is over- or under-valued.
C000022019 Holdings
Top 10 holdings of SA Morgan Stanley International Equities Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| ASML Holding NV | 3.15% |
| Shell PLC | 2.04% |
| HSBC Holdings PLC | 1.94% |
| Fidelity Investments | 1.82% |
| Nestle SA | 1.54% |
| ABB Ltd | 1.48% |
| Novartis AG | 1.43% |
| AstraZeneca PLC | 1.39% |
| Siemens AG | 1.36% |
| Mitsubishi UFJ Financial Group Inc | 1.35% |
C000022019 Portfolio Allocation
Asset-class allocation of SA Morgan Stanley International Equities Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.5% |
| Cash & Equivalents | 1.8% |
C000022019 Performance
Total returns for C000022019 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 9.8% |
| 1 year | 15.4% |
| 3 years (annualised) | 11.2% |
| 5 years (annualised) | 6.1% |
C000022019 Risk Information
Risk metrics for C000022019, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.9%
C000022019 Costs and Fees
C000022019 costs about $102 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.02%
- Gross expense ratio: 1.08%
- Portfolio turnover: 56%
- Brokerage commissions: 2.92 bps of average net assets (SEC N-CEN)
C000022019 Cashflows
Over the 12 months to 2026-07, SA Morgan Stanley International Equities Portfolio had net outflows of $31.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$4.91M |
| 2026-06 | −$4.66M |
| 2026-05 | −$8.15M |
| 2026-04 | −$5.43M |
| 2026-03 | −$4.29M |
| 2026-02 | −$4.19M |
C000022019 Debt Constituents
No individual debt constituents are reported in SA Morgan Stanley International Equities Portfolio's latest SEC N-PORT filing.
C000022019 Prospectus and SEC Filings
Official SA Morgan Stanley International Equities Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-29
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-04-16
- Annual census (N-CEN) — filed 2025-04-11
Related Funds
Other Europe Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.