Morgan Stanley India Investment:IIF

    Manage Alerts

    Overview

    As of 6/21/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$25.76$31.86-19.15%
    52 Wk Avg$22.68$27.95-18.85%
    52 Wk High$25.94$32.08-16.92%
    52 Wk Low$20.89$25.75-21.39%
    Regular Distribution TypeIncome Only
    Distribution Rate12.17%
    Distribution Amount$3.1357
    Distribution FrequencyAnnually
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s investment objective is long-term capital appreciation. Under normal market conditions, substantially all, but not less than 80%, of the Fund’s total assets will be invested in equity securities of Indian issuers.

    Capital Structure

    As of 6/21/2024

    Total Investment Exposure:$316.907M
    Total Common Assets:$316.907M
    Common Shares Outstanding:9,946,873
    Annual Expense Ratios

    As of 12/31/2023

      Per Common Share
    Management Fees1.10%
    Other Expenses:0.23%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.33%
    Fund Management

    Fund Sponsor
    Morgan Stanley

    Portfolio Managers
    Amay Hattangadi

    Basics
    Category: Equity-Asia Equity
    Ticker: IIF
    NAV Ticker: XIIFX
    Average Daily Volume (shares): 39,872
    Average Daily Volume (USD): $0.904M
    Inception Date: 2/25/1994
    Inception Share Price: $15.00
    Inception NAV: $14.10
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 6/21/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2023
    -$0.0489
    Annualized Distribution Rate on NAV:
    As of 6/21/2024
    9.84%
    Total Return on NAV (12 months):
    As of 6/21/2024
    32.95%
    Total % Portfolio Effectively Leveraged:
    As of 6/21/2024
    0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/21/2024

    PeriodAvg Discount
    6 Month-18.68%
    1 Year-18.85%
    3 Year-17.28%
    5 Year-16.37%
    Z-Score

    As of 6/21/2024

    PeriodZStat
    3 Month0.17
    6 Month-0.59
    1 Year-0.36
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2024
    Category: Morningstar US CEF Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD11.74%11.64%4.48%5.46%
    202321.32%21.12%10.74%9.26%
    2022-9.35%-9.92%-23.26%-21.26%
    202130.83%29.46%5.48%3.84%
    20206.66%7.95%22.86%21.82%
    2019-0.66%-0.43%19.77%17.57%
    2018-21.34%-21.07%-13.67%-15.54%
    201749.76%44.79%41.49%33.70%
    20165.16%4.99%4.08%4.04%
    2015-5.09%-0.41%-6.16%-4.97%
    201453.78%45.57%9.13%9.11%
    2013-5.67%-3.42%3.25%9.20%
    201232.26%32.67%25.05%20.66%
    2011-42.37%-39.98%  
    201024.44%26.36%  
    200981.51%81.50%  
    2008-64.52%-65.22%  
    200749.79%65.31%  
    200652.12%39.17%  
    200533.55%42.01%  
    200417.03%27.21%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2024
    Category: Morningstar US CEF Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2024
    41
    Annual Portfolio Turnover:
    As of 12/31/2023
    38.00%
    Asset Allocation

    As of 3/31/2024

    Top Sectors

    As of 3/31/2024

    Sector%Portfolio
    Cyclical (Super Sector)62.60%
    Financial Services40.00%
    Sensitive (Super Sector)22.82%
    Consumer Cyclical15.71%
    Defensive (Super Sector)12.53%
    Industrials9.69%
    Technology8.05%
    Healthcare6.53%
    Consumer Defensive6.00%
    Energy5.08%
    Top Holdings

    As of 3/31/2024

    HoldingValue% Portfolio
    ICICI Bank Ltd$29.48M10.20%
    Infosys Ltd$21.08M7.30%
    Reliance Industries Ltd$14.67M5.08%
    Axis Bank Ltd$13.88M4.80%
    Mahindra & Mahindra Ltd$11.98M4.15%
    Bajaj Finance Ltd$11.22M3.88%
    Larsen & Toubro Ltd$11.06M3.83%
    State Bank of India$10.11M3.50%
    Zomato Ltd$9.37M3.24%
    Godrej Consumer Products Ltd$9.28M3.21%
    Country Allocation

    As of 3/31/2024

    Country% Portfolio
    India - Equity97.95%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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