MRDPX — Emerging Markets Fixed Income Opportunities Portfolio
Data updated: 2022-05-26
MRDPX — Emerging Markets Fixed Income Opportunities Portfolio. Bond · $28.78M AUM · 0.82% expense ratio. Holdings, fees, performance and SEC filings.
MRDPX Fund Overview
MRDPX — Emerging Markets Fixed Income Opportunities Portfolio is a US mutual fund managed by Morgan Stanley Institutional Fund INC, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Morgan Stanley Institutional Fund INC
- Category: Bond
- Assets under management: $28.78M
- 1-year return: -8.2%
- Ticker: MRDPX
- SEC CIK: 0000836487
- SEC series ID: S000037168
- Share class ID: C000126923
MRDPX Investment Objective and Strategy
Emerging Markets Fixed Income Opportunities Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Morgan Stanley Institutional Fund INC.
Investment objective
"The Emerging Markets Fixed Income Opportunities Portfolio (the ""Fund"") seeks high total return."
Principal investment strategy
"Under normal circumstances, at least 80% of the Fund's assets will be invested in debt securities of issuers located in emerging market countries, which may include U.S. dollar-denominated, local currency and corporate debt securities. This policy may be changed without shareholder approval; however, you would be notified upon 60 days' notice in writing of any changes. The Adviser seeks high total return by investing primarily in fixed income securities of government and government-related issuers and corporate issuers in emerging market countries. The Adviser implements a top down assessment of the global economic environment and the sensitivity of emerging economies in general to worldwide events. In selecting the Fund's investments, the Adviser analyzes the ability of an emerging market country's government to formulate and implement fiscal and economic policies; socio-political factors, including political risks, election calendars, human development and social stability; and exchange rate and interest rate valuation.
The Fund's holdings may range in maturity from overnight to 30 years or more and will not be subject to any minimum credit rating standard. The Adviser generally considers selling a portfolio holding when it determines that the holding no longer satisfies its investment criteria. The Fund may invest in fixed income securities that are rated below ""investment grade"" or are not rated, but are of equivalent quality. These fixed income securities are often referred to as ""high yield securities"" or ""junk bonds."" High yield securities are fixed income securities rated below Baa3 by Moody's Investors Service, Inc. (""Moody's""), below BBB- by S&P Global Ratings Group, a division of S&P Global Inc. (""S&P""), below BBB- by Fitch Ratings Inc. (""Fitch"") or if unrated considered by the Adviser to be of equivalent quality.
The Fund may invest in restricted and illiquid securities. The Fund may, but it is not required to, use derivative 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, options, swaps, structured investments and other related 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."
MRDPX Performance
Total returns for MRDPX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -8.2% |
| 3 years (annualised) | -1.7% |
MRDPX Risk Information
Risk metrics for MRDPX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.6%
MRDPX Costs and Fees
MRDPX costs about $82 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.82%
- Gross expense ratio: 13.25%
- Portfolio turnover: 64%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
MRDPX Cashflows
Over the 12 months to 2022-03, Emerging Markets Fixed Income Opportunities Portfolio had net outflows of $2.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | −$474.31K |
| 2022-02 | −$1.71M |
| 2022-01 | −$180.83K |
| 2021-12 | −$2.08M |
| 2021-11 | −$13.84K |
| 2021-10 | −$100.09K |
MRDPX Debt Constituents
No individual debt constituents are reported in Emerging Markets Fixed Income Opportunities Portfolio's latest SEC N-PORT filing.
MRDPX Prospectus and SEC Filings
Official Emerging Markets Fixed Income Opportunities Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2020-05-20
- Prospectus supplement (497) — filed 2021-05-05
- Portfolio holdings (N-PORT) — filed 2022-05-26
- Portfolio holdings (N-PORT) — filed 2022-02-28
- Portfolio holdings (N-PORT) — filed 2021-11-23
- Annual census (N-CEN) — filed 2022-03-11
- Annual census (N-CEN) — filed 2021-03-10
Related Funds
Other Bond 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.