Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.3%
1 yr return
1.7%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
-1.7%
Net Assets
$28.3 M
Holdings in Top 10
56.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 24.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 132.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MRETX - Profile
Distributions
- YTD Total Return -8.3%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return -1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.46%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameU.S. REAL ESTATE PORTFOLIO
-
Fund Family NameMorgan Stanley Funds
-
Inception DateJun 11, 2018
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLaurel Durkay
Fund Description
MRETX - Performance
Return Ranking - Trailing
Period | MRETX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | -14.8% | 2.0% | 27.95% |
1 Yr | 1.7% | -14.1% | 15.8% | 28.74% |
3 Yr | -1.4%* | -12.9% | 10.4% | 30.65% |
5 Yr | -1.7%* | -11.7% | 13.2% | 93.86% |
10 Yr | N/A* | -1.9% | 13.9% | 96.26% |
* Annualized
Return Ranking - Calendar
Period | MRETX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -17.6% | 24.6% | 10.24% |
2022 | -33.1% | -51.3% | 2.7% | 67.59% |
2021 | 35.5% | -7.7% | 52.3% | 28.63% |
2020 | -20.7% | -42.2% | 35.0% | 93.59% |
2019 | 2.4% | -0.6% | 43.1% | 96.00% |
Total Return Ranking - Trailing
Period | MRETX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | -14.8% | 2.0% | 27.95% |
1 Yr | 1.7% | -14.1% | 15.8% | 28.74% |
3 Yr | -1.4%* | -12.9% | 10.4% | 30.65% |
5 Yr | -1.7%* | -11.7% | 13.2% | 93.86% |
10 Yr | N/A* | -1.9% | 13.9% | 96.31% |
* Annualized
Total Return Ranking - Calendar
Period | MRETX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.8% | -14.0% | 25.0% | 13.78% |
2022 | -26.3% | -40.7% | 7.8% | 51.78% |
2021 | 39.1% | 7.8% | 54.6% | 67.74% |
2020 | -18.7% | -36.6% | 44.3% | 96.58% |
2019 | 18.8% | 3.4% | 46.4% | 89.78% |
NAV & Total Return History
MRETX - Holdings
Concentration Analysis
MRETX | Category Low | Category High | MRETX % Rank | |
---|---|---|---|---|
Net Assets | 28.3 M | 2.26 M | 63.6 B | 89.15% |
Number of Holdings | 32 | 18 | 513 | 81.18% |
Net Assets in Top 10 | 17.1 M | 711 K | 30.4 B | 90.04% |
Weighting of Top 10 | 56.15% | 16.9% | 82.2% | 40.59% |
Top 10 Holdings
- Prologis Inc 9.80%
- Equinix Inc 8.06%
- Welltower Inc 6.75%
- Public Storage 5.20%
- Digital Realty Trust Inc 4.80%
- Simon Property Group Inc 4.64%
- Extra Space Storage Inc 4.63%
- AvalonBay Communities Inc 4.27%
- VICI Properties Inc 4.03%
- Realty Income Corp 3.98%
Asset Allocation
Weighting | Return Low | Return High | MRETX % Rank | |
---|---|---|---|---|
Stocks | 97.93% | 0.00% | 106.01% | 65.68% |
Cash | 2.07% | -42.50% | 20.74% | 29.52% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 67.53% |
Other | 0.00% | -89.96% | 112.19% | 62.73% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 64.07% |
Bonds | 0.00% | -3.17% | 148.00% | 65.31% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MRETX % Rank | |
---|---|---|---|---|
Real Estate | 95.65% | 34.46% | 100.00% | 84.05% |
Technology | 2.54% | 0.00% | 12.02% | 5.06% |
Consumer Cyclical | 1.81% | 0.00% | 45.29% | 16.73% |
Utilities | 0.00% | 0.00% | 3.55% | 61.48% |
Industrials | 0.00% | 0.00% | 7.39% | 64.20% |
Healthcare | 0.00% | 0.00% | 0.53% | 61.48% |
Financial Services | 0.00% | 0.00% | 37.05% | 65.37% |
Energy | 0.00% | 0.00% | 33.11% | 62.26% |
Communication Services | 0.00% | 0.00% | 11.61% | 64.59% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 61.09% |
Basic Materials | 0.00% | 0.00% | 13.69% | 61.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MRETX % Rank | |
---|---|---|---|---|
US | 97.93% | 0.00% | 106.01% | 58.67% |
Non US | 0.00% | 0.00% | 41.39% | 73.43% |
MRETX - Expenses
Operational Fees
MRETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 24.62% | 0.07% | 24.62% | 0.37% |
Management Fee | 0.55% | 0.00% | 1.50% | 18.82% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.45% | 30.14% |
Sales Fees
MRETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MRETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
MRETX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 132.00% | 0.11% | 380.00% | 93.25% |
MRETX - Distributions
Dividend Yield Analysis
MRETX | Category Low | Category High | MRETX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.53% | 0.00% | 13.05% | 56.46% |
Dividend Distribution Analysis
MRETX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
MRETX | Category Low | Category High | MRETX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.46% | -1.14% | 6.05% | 81.34% |
Capital Gain Distribution Analysis
MRETX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 02, 2024 | $0.046 | OrdinaryDividend |
Dec 11, 2023 | $0.031 | OrdinaryDividend |
Oct 03, 2023 | $0.027 | OrdinaryDividend |
Jul 05, 2023 | $0.096 | OrdinaryDividend |
Apr 04, 2023 | $0.054 | OrdinaryDividend |
Dec 12, 2022 | $0.034 | OrdinaryDividend |
Oct 04, 2022 | $0.034 | OrdinaryDividend |
Jul 05, 2022 | $0.035 | OrdinaryDividend |
Apr 04, 2022 | $0.034 | OrdinaryDividend |
Oct 04, 2021 | $0.032 | OrdinaryDividend |
Jul 02, 2021 | $0.032 | OrdinaryDividend |
Apr 05, 2021 | $0.032 | OrdinaryDividend |
Oct 02, 2020 | $0.044 | OrdinaryDividend |
Jul 02, 2020 | $0.068 | OrdinaryDividend |
Apr 02, 2020 | $0.081 | OrdinaryDividend |
Dec 11, 2019 | $0.031 | ExtraDividend |
Oct 02, 2019 | $0.095 | OrdinaryDividend |
Jul 02, 2019 | $0.095 | OrdinaryDividend |
Apr 02, 2019 | $0.094 | OrdinaryDividend |
Oct 02, 2018 | $0.095 | OrdinaryDividend |
MRETX - Fund Manager Analysis
Managers
Laurel Durkay
Start Date
Tenure
Tenure Rank
Dec 07, 2020
1.48
1.5%
Laurel Durkay, Chartered Financial Analyst Managing Director Laurel Durkay joined Morgan Stanley in 2020 and has 20 years of investment experience. She is the Head of Global Listed Real Assets within Morgan Stanley Investment Management (MSIM) and the lead portfolio manager for US and Global listed real estate strategies. Prior to joining MSIM, Ms. Durkay was a Senior Vice President and Global Portfolio Manager for Listed Real Estate at Cohen & Steers Capital Management for 14 years. Previously, Ms. Durkay held several positions at Citigroup, including working on asset allocation and manag
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.89 | 2.23 |