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Trending ETFs

Global Strategist Portfolio

mutual fund
MPBAX
Payout Change
Pending
Price as of:
$18.75 -0.05 -0.27%
primary theme
N/A
share class
R6 (MGPOX) I (MPBAX) C (MSSOX) L (MSDLX) A (MBAAX)
MPBAX (Mutual Fund)

Global Strategist Portfolio

Payout Change
Pending
Price as of:
$18.75 -0.05 -0.27%
primary theme
N/A
share class
R6 (MGPOX) I (MPBAX) C (MSSOX) L (MSDLX) A (MBAAX)
MPBAX (Mutual Fund)

Global Strategist Portfolio

Payout Change
Pending
Price as of:
$18.75 -0.05 -0.27%
primary theme
N/A
share class
R6 (MGPOX) I (MPBAX) C (MSSOX) L (MSDLX) A (MBAAX)

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global Strategist Portfolio

MPBAX | Fund

$18.75

$558 M

0.00%

0.85%

Vitals

YTD Return

11.1%

1 yr return

15.5%

3 Yr Avg Return

2.1%

5 Yr Avg Return

5.6%

Net Assets

$558 M

Holdings in Top 10

29.4%

52 WEEK LOW AND HIGH

$18.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 115.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Global Strategist Portfolio

MPBAX | Fund

$18.75

$558 M

0.00%

0.85%

MPBAX - Profile

Distributions

  • YTD Total Return 11.1%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Global Strategist Portfolio
  • Fund Family Name
    Morgan Stanley Funds
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Bavoso

Fund Description

The Adviser and/or the Fund’s “Sub-Adviser,” Morgan Stanley Investment Management Limited, seek to achieve the Fund’s investment objective by investing primarily in a blend of equity and fixed-income securities of U.S. and non-U.S. issuers. Equity securities may include common and preferred stocks, depositary receipts, convertible securities, equity-linked securities, real estate investment trusts (“REITs”), rights and warrants to purchase equity securities and limited partnership interests. Fixed-income securities may include mortgage-related or mortgage-backed securities, floating rate securities, inflation-linked fixed-income securities, securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities, securities issued or guaranteed by non-U.S. governments, their agencies or instrumentalities, corporate bonds and notes issued by U.S. and non-U.S. entities.
The Adviser and/or Sub-Adviser will utilize a top-down investment approach that focuses on asset class, sector, region, country and currency and thematic allocations. The Fund’s allocations will be based upon the Adviser’s and/or Sub-Adviser’s evaluations and analyses, taking into account results of its fundamental market research and recommendations generated by the Adviser’s and/or Sub-Adviser’s quantitative models. The Adviser’s and/or Sub-Adviser’s research process focuses on the following factors across asset classes: 1) valuation (both relative and absolute), 2) dynamics, including earnings revisions, interest rate policy and inflation expectations and 3) technicals, such as investor flows and sentiment. The Fund may invest in any country, including developing or emerging market countries. The Fund’s investments may be U.S. and non-U.S. dollar denominated. In determining whether to sell a security, the Adviser and/or Sub-Adviser consider a number of factors, including changes in capital appreciation potential, or the overall assessment of asset class, sector, region, country, and currency and thematic allocation shifts.
The Fund may invest a portion of its assets in below investment grade fixed-income securities (commonly referred to as “junk bonds”). The Fund may also invest in restricted and illiquid securities. The mortgage-backed securities in which the Fund may invest
include mortgage pass-through securities that represent a participation interest in a pool of mortgage loans originated by U.S. governmental or private lenders such as banks.
The Fund may also invest up to 10% of its total assets in other investment companies, including exchange-traded funds (“ETFs”).
The Fund may, but it is not required to, use derivatives and similar instruments for a variety of purposes, including hedging, risk management, Fund 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 and structured investments (including commodity-linked notes), and other similar 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 exposure to the types of securities listed above to the extent they have economic characteristics similar to such securities.
The Fund may, consistent with its principal investment strategies, invest up to 25% of its total assets in a wholly-owned subsidiary of the Fund organized as a company under the laws of the Cayman Islands (the “Subsidiary”). The Subsidiary may invest, directly or indirectly through the use of derivatives, in securities, commodities, commodity-related instruments and other investments, primarily futures, swaps and notes. The Subsidiary is advised by the Adviser.
Investments in the Subsidiary are intended to provide the Fund with exposure to commodities markets within the limitations of the federal tax requirements that apply to the Fund. The Subsidiary primarily obtains its commodity exposure by investing in commodity-linked derivative instruments, which may include, but are not limited to, total return swaps, commodity (U.S. or foreign) futures and commodity-linked notes. The Subsidiary may also invest in other instruments, including fixed-income securities, either as investments or to serve as margin or collateral for its swap positions and foreign currency transactions (including forward contracts).
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MPBAX - Performance

Return Ranking - Trailing

Period MPBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -23.7% 16.4% 62.88%
1 Yr 15.5% -8.9% 48.3% 70.39%
3 Yr 2.1%* -2.2% 16.4% 43.88%
5 Yr 5.6%* -0.7% 13.4% 28.50%
10 Yr 5.1%* 0.9% 11.8% 35.38%

* Annualized

Return Ranking - Calendar

Period MPBAX Return Category Return Low Category Return High Rank in Category (%)
2023 14.3% -40.8% 20.6% 66.52%
2022 -17.2% -21.0% 24.5% 17.77%
2021 0.6% -24.2% 27.8% 13.08%
2020 10.1% -23.1% 11.7% 92.79%
2019 16.0% -100.0% 20.6% 53.13%

Total Return Ranking - Trailing

Period MPBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -23.7% 16.4% 61.59%
1 Yr 15.5% -12.8% 48.3% 62.71%
3 Yr 2.1%* -3.4% 16.4% 39.30%
5 Yr 5.6%* -1.1% 13.4% 27.23%
10 Yr 5.1%* 0.9% 11.8% 33.70%

* Annualized

Total Return Ranking - Calendar

Period MPBAX Return Category Return Low Category Return High Rank in Category (%)
2023 14.3% -40.8% 20.6% 66.52%
2022 -16.7% -21.0% 24.5% 17.77%
2021 8.7% -24.2% 27.8% 13.08%
2020 11.5% -23.1% 11.7% 95.29%
2019 18.0% -2.9% 23.1% 20.16%

NAV & Total Return History

MPBAX - Holdings

Concentration Analysis

MPBAX Category Low Category High MPBAX % Rank
Net Assets 558 M 1.12 M 110 B 47.30%
Number of Holdings 1746 2 10961 6.47%
Net Assets in Top 10 178 M -31.7 M 22 B 99.79%
Weighting of Top 10 29.39% 10.8% 100.0% 14.18%

Top 10 Holdings

  1. Morgan Stanley Institutional Liquidity Funds - Government Portfolio 16.94%
  2. Apple Inc 1.73%
  3. NVIDIA Corp 1.63%
  4. Microsoft Corp 1.55%
  5. U.S. Treasury Inflation-Indexed Notes 1.54%
  6. U.S. Treasury Bills 1.52%
  7. Brazil Notas do Tesouro Nacional Serie F 1.19%
  8. Republic of South Africa Government Bond 1.10%
  9. U.S. Treasury Notes 1.10%
  10. U.S. Treasury Bills 1.09%

Asset Allocation

Weighting Return Low Return High MPBAX % Rank
Stocks 		40.54% -45.72% 98.42% 92.69%
Bonds 		40.34% -39.76% 93.84% 20.67%
Cash 		18.68% -97.12% 185.58% 24.01%
Other 		1.23% -1.25% 197.12% 5.43%
Convertible Bonds 		0.75% 0.00% 25.49% 24.43%
Preferred Stocks 		0.05% -0.03% 14.00% 85.80%

Stock Sector Breakdown

Weighting Return Low Return High MPBAX % Rank
Financial Services 		18.25% 0.00% 30.34% 53.08%
Technology 		16.45% 0.00% 39.48% 44.59%
Consumer Cyclical 		14.55% 0.00% 20.84% 5.52%
Healthcare 		11.87% 0.00% 30.30% 50.32%
Industrials 		9.03% 0.09% 32.39% 31.00%
Consumer Defense 		7.20% 0.00% 31.85% 38.85%
Communication Services 		6.68% 0.00% 28.59% 52.65%
Energy 		5.74% 0.00% 38.61% 29.51%
Basic Materials 		4.89% 0.00% 60.23% 73.25%
Utilities 		2.87% 0.00% 40.29% 52.23%
Real Estate 		2.47% 0.00% 90.14% 71.34%

Stock Geographic Breakdown

Weighting Return Low Return High MPBAX % Rank
US 		25.95% -4.82% 95.75% 91.44%
Non US 		14.59% -46.69% 57.06% 87.47%

Bond Sector Breakdown

Weighting Return Low Return High MPBAX % Rank
Government 		63.84% 0.00% 98.64% 6.47%
Cash & Equivalents 		18.68% 0.10% 100.00% 57.62%
Corporate 		12.82% 0.00% 99.90% 66.60%
Securitized 		6.08% 0.00% 83.28% 45.51%
Derivative 		0.78% 0.00% 41.88% 77.04%
Municipal 		0.13% 0.00% 31.28% 69.94%

Bond Geographic Breakdown

Weighting Return Low Return High MPBAX % Rank
Non US 		21.14% -39.00% 137.36% 2.71%
US 		19.20% -177.12% 87.76% 99.37%

MPBAX - Expenses

Operational Fees

MPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.16% 2.71% 82.46%
Management Fee 0.45% 0.00% 1.70% 32.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.70% 39.47%

Sales Fees

MPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 115.00% 0.00% 441.00% 81.82%

MPBAX - Distributions

Dividend Yield Analysis

MPBAX Category Low Category High MPBAX % Rank
Dividend Yield 0.00% 0.00% 10.92% 68.40%

Dividend Distribution Analysis

MPBAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Monthly Monthly

Net Income Ratio Analysis

MPBAX Category Low Category High MPBAX % Rank
Net Income Ratio 0.90% -5.20% 6.33% 72.33%

Capital Gain Distribution Analysis

MPBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MPBAX - Fund Manager Analysis

Managers

Mark Bavoso

Start Date

Tenure

Tenure Rank

Jan 31, 2011

11.34

11.3%

Mark Bavoso is a senior portfolio manager on the Global Multi-Asset team. He joined Morgan Stanley in 1986 and has been with financial industry since 1983. Previously, he was a senior vice president and portfolio manager at Dean Witter InterCapital and a vice president in the equity marketing and research departments of Dean Witter Reynolds. Prior to joining the firm, he was a vice president and equity research analyst at Sutro & Co. Mark received a BA in both history and political science from the University of California, Davis. Mark is also a member of the Economic Club of New York.

Cyril Moullé-Berteaux

Start Date

Tenure

Tenure Rank

Aug 01, 2011

10.84

10.8%

Cyril Moullé-Berteaux, Managing Director. Cyril Moullé-Berteaux is head of the GMA team at MSIM. He re-joined the firm in 2011 and has been with financial industry since 1991. Before returning to Morgan Stanley, Cyril was a founding partner and portfolio manager at Traxis Partners, a macro hedge fund firm. At Traxis Partners, Cyril managed absolute-return portfolios and was responsible for running the firm’s fundamental and quantitative research effort. Prior to co-founding Traxis Partners, in 2003, he was a managing director at MSIM, running Asset Allocation Research and heading the Global Asset Allocation team. Previously, from 1991 to 1995, Cyril worked at Bankers Trust as a corporate finance analyst and as a derivatives trader in the emerging markets group. He received a BA in economics from Harvard University.

Sergei Parmenov

Start Date

Tenure

Tenure Rank

Jan 28, 2020

2.34

2.3%

Sergei Parmenov, Managing Director. Sergei Parmenov rejoined MSIM in 2011 in the Global Multi-Asset team and has been with financial industry since1996. Before returning to Morgan Stanley, Sergei was a founder and manager of Lyncean Capital Management. Between 2003 and 2008, Sergei was an analyst and a portfolio manager at Traxis Partners. From 2002 to 2003, Sergei was an analyst at J. Rothschild Capital Management in London. Prior to this, he was a Vice President in the private equity department of Deutsche Bank and from 1999 to 2001, Sergei was an Associate and subsequently Vice President at Whitney & Co, focusing on European private equity investments. Sergei started his career in MSIM in 1996. He received a BA in economics from Columbia University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25

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