Morgan Stanley Emerging Markets Domestic Fund (EDD)

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Morgan Stanley Emerging Markets Domestic Fund (EDD) is up 8.3% since the beginning of the year. EDD is currently trading at $6 per share. Investors who bought $1,000 worth of EDD shares 5 years ago would now be looking at an investment worth $1,431.

Morgan Stanley Emerging Markets Domestic Fund (EDD) has returned 8.33% so far this year and 25.22% over the past 12 months. Over the last ten years, EDD has returned 5.76% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Apr 24, 2007, EDD's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, an investment would double in approximately 14.5 years.

Historically, 56% of months were positive and 44% were negative. The best month was Dec 2008 with a return of +28.9%, while the worst month was Oct 2008 at -18.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, EDD closed higher 48% of trading days. The best single day was Oct 13, 2008 with a return of +25.9%, while the worst single day was Mar 18, 2020 at -22.5%.

Morgan Stanley Emerging Markets Domestic Fund has an annualized alpha of -0.93%, beta of 0.56, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since April 24, 2007.

• This fund participated in 92.74% of S&P 500 Index downside but only 66.89% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.56 may look defensive, but with R2 of 0.27 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.27 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EDD has a high expense ratio of 2.20%, indicating above-average management fees.

EDD ranks 26 for risk / return — below 26% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

Morgan Stanley Emerging Markets Domestic Fund provided a 8.92% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Morgan Stanley Emerging Markets Domestic Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Morgan Stanley Emerging Markets Domestic Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Morgan Stanley Emerging Markets Domestic Fund was 59.38%, occurring on Nov 21, 2008. Recovery took 341 trading sessions.

The current Morgan Stanley Emerging Markets Domestic Fund drawdown is 4.67%.

The chart below shows the rolling one-month volatility.