EUGDX Fees and Costs — Morgan Stanley Europe Opportunity Fund Inc., Class I
Data updated: 2026-03-27
The net expense ratio is 1.05%: a 0.87% management fee plus 0.61% other expenses, less a 0.43% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $13K in broker commissions, 0.0112% of average net assets, and portfolio turnover was 17%.
EUGDX Fees and Expenses
Annual operating expenses and sales charges of EUGDX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.87% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.61% |
| Gross expense ratio | 1.48% |
| Fee waiver | −0.43% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EUGDX Costs Over Time
On $10,000 invested in EUGDX, assuming 5% a year before costs, total costs come to $663 over 5 years, cutting the return by 1.11% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.05%) | $110 | $344 | $596 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $365 | $663 |
| Value after costs | $10,389 | $11,212 | $12,100 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
EUGDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0112%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $68.5M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $79K
- Net income from securities lending: $5K (0.004% of average net assets)
EUGDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 20.49% |
| Citigroup Global Markets Inc. | $2K | 15.38% |
| Jefferies LLC | $2K | 13.36% |
| RBC Capital Markets, LLC | $1K | 11.77% |
| BofA Securities, Inc. | $1K | 10.79% |
| Barclays Capital Inc. | $988 | 8.29% |
| BNP Paribas Securities Corp. | $983 | 8.26% |
| J.P. Morgan Securities LLC | $570 | 4.78% |
| UBS Securities LLC | $412 | 3.46% |
| Danske Bank A/S | $407 | 3.41% |
EUGDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $68.5M | 100.00% |
Morgan Stanley Europe Opportunity Fund Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EUGDX | Class I | 1.05% | none |
| EUGAX | Class A | 1.38% | 5.25% |
| EUGCX | Class L | 1.90% | none |
| MSEEX | Class C | 2.15% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.