MSKLX: Morgan Stanley Inst Discovery L

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MSKLX Morgan Stanley Inst Discovery L


Profile

MSKLX - Profile

Vitals

  • YTD Return 92.1%
  • 3 Yr Annualized Return 9.6%
  • 5 Yr Annualized Return -6.3%
  • Net Assets $2.88 B
  • Holdings in Top 10 46.0%

52 WEEK LOW AND HIGH

$24.93
$9.71
$25.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.51%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 116.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 30, 2015
  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 92.1%
  • 3 Yr Annualized Total Return 38.5%
  • 5 Yr Annualized Total Return 24.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Morgan Stanley Institutional Fund Trust Discovery Portfolio
  • Fund Family Name
    Morgan Stanley
  • Inception Date
    Jun 14, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dennis Lynch

Fund Description

The fund's Adviser seeks long-term capital growth by investing primarily in established and emerging companies with capitalizations within the range of companies included in the Russell Midcap® Growth Index. The Adviser seeks to invest in high quality companies it believes have sustainable competitive advantages and the ability to redeploy capital at high rates of return.


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Categories

Performance

MSKLX - Performance

Return Ranking - Trailing

Period MSKLX Return Category Return Low Category Return High Rank in Category (%)
YTD 92.1% -23.6% 1956.6% 1.08%
1 Yr 71.7% -66.9% 2054.7% 3.61%
3 Yr 9.6%* -45.6% 181.0% 27.65%
5 Yr -6.3%* -31.5% 94.8% 93.26%
10 Yr N/A* -13.6% 21.5% 24.93%

* Annualized

Return Ranking - Calendar

Period MSKLX Return Category Return Low Category Return High Rank in Category (%)
2019 17.4% -50.2% 44.9% 81.08%
2018 -15.2% -51.7% 5.6% 47.01%
2017 -10.1% -21.1% 34.8% 99.79%
2016 -51.7% -61.7% 40.3% 99.55%
2015 -18.3% -54.0% 12.2% 92.79%

Total Return Ranking - Trailing

Period MSKLX Return Category Return Low Category Return High Rank in Category (%)
YTD 92.1% -23.6% 1956.6% 1.08%
1 Yr 71.7% -66.9% 2054.7% 3.61%
3 Yr 38.5%* -41.3% 181.0% 0.78%
5 Yr 24.3%* -24.4% 94.8% 1.35%
10 Yr N/A* -11.4% 21.5% 39.95%

* Annualized

Total Return Ranking - Calendar

Period MSKLX Return Category Return Low Category Return High Rank in Category (%)
2019 17.4% -50.2% 44.9% 81.08%
2018 11.4% -51.7% 12.2% 0.39%
2017 38.0% -7.0% 39.4% 0.82%
2016 -14.2% -61.7% 40.3% 99.55%
2015 -6.4% -54.0% 12.2% 80.70%

NAV & Total Return History


Holdings

MSKLX - Holdings

Concentration Analysis

MSKLX Category Low Category High MSKLX % Rank
Net Assets 2.88 B 899 K 34.4 B 28.11%
Number of Holdings 46 16 2584 86.83%
Net Assets in Top 10 893 M 192 K 7.15 B 24.91%
Weighting of Top 10 45.95% 6.9% 96.0% 11.57%

Top 10 Holdings

  1. Shopify Inc A 6.70%
  2. Spotify Technology SA 5.04%
  3. Zoom Video Communications Inc 4.96%
  4. Coupa Software Inc 4.84%
  5. Square Inc A 4.55%
  6. Veeva Systems Inc Class A 4.20%
  7. Twilio Inc A 4.00%
  8. MongoDB Inc Class A 3.99%
  9. Okta Inc A 3.84%
  10. The Trade Desk Inc A 3.82%

Asset Allocation

Weighting Return Low Return High MSKLX % Rank
Stocks
93.29% 82.46% 117.39% 95.55%
Cash
6.50% -22.20% 17.54% 4.63%
Other
0.17% -12.49% 4.82% 9.61%
Preferred Stocks
0.04% 0.00% 1.64% 6.05%
Convertible Bonds
0.00% 0.00% 0.12% 83.45%
Bonds
0.00% 0.00% 2.13% 83.45%

Stock Sector Breakdown

Weighting Return Low Return High MSKLX % Rank
Technology
45.35% 0.00% 58.99% 1.60%
Communication Services
23.90% 0.00% 23.90% 0.53%
Healthcare
15.59% 0.00% 40.78% 82.92%
Consumer Cyclical
14.73% 0.35% 58.93% 35.77%
Energy
0.24% 0.00% 47.75% 35.77%
Basic Materials
0.19% 0.00% 18.77% 66.55%
Utilities
0.00% 0.00% 6.18% 87.90%
Real Estate
0.00% 0.00% 17.76% 98.22%
Industrials
0.00% 0.00% 35.43% 99.29%
Financial Services
0.00% 0.00% 38.56% 99.64%
Consumer Defense
0.00% 0.00% 16.42% 97.15%

Stock Geographic Breakdown

Weighting Return Low Return High MSKLX % Rank
US
83.86% 81.17% 107.56% 94.84%
Non US
9.43% 0.00% 17.06% 17.79%

Expenses

MSKLX - Expenses

Operational Fees

MSKLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.51% 0.05% 27.43% 26.49%
Management Fee 0.50% 0.00% 1.50% 6.05%
12b-1 Fee 0.75% 0.00% 1.00% 82.97%
Administrative Fee 0.08% 0.01% 0.40% 36.89%

Sales Fees

MSKLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MSKLX 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.

MSKLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 116.00% 1.93% 385.00% 93.35%

Distributions

MSKLX - Distributions

Dividend Yield Analysis

MSKLX Category Low Category High MSKLX % Rank
Dividend Yield 0.00% 0.00% 38.05% 83.63%

Dividend Distribution Analysis

MSKLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MSKLX Category Low Category High MSKLX % Rank
Net Income Ratio -1.06% -2.56% 1.52% 88.85%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MSKLX - Fund Manager Analysis

Managers

Dennis Lynch


Start Date

Tenure

Tenure Rank

Jan 18, 2002

18.63

18.6%

Dennis is the Head of the Counterpoint Global team at Morgan Stanley Investment Management. He joined Morgan Stanley in 1998 and has 24 years of investment experience. Prior to joining the firm, he worked as a sell-side analyst for J.P. Morgan Securities. Dennis received a B.A. in political science from Hamilton College and an M.B.A. with honors in finance from Columbia University.

David Cohen


Start Date

Tenure

Tenure Rank

Jan 18, 2002

18.63

18.6%

Dave Cohen is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1993 and has 31 years of investment experience. Dave joined the team as an investor in 1999. Prior to joining the firm, Dave was a senior fund accountant at Alliance Capital. Previously, he was a fund accountant at Natwest and Wall Street Trust. Dave received a B.S. summa cum laude in management from Pace University.

Sandeep (Sam) Chainani


Start Date

Tenure

Tenure Rank

Jun 30, 2004

16.18

16.2%

Sam Chainani is an investor for the Counterpoint Global team. He joined Morgan Stanley in 1996 and has 23 years of investment experience. Sam joined the team as an investor in 2000. Previously, he was a strategy specialist for our Inception and Discovery strategies. Sam received a B.S. in management with a concentration in finance from Binghamton University. He holds the Chartered Financial Analyst designation.

Alexander Norton


Start Date

Tenure

Tenure Rank

Jul 29, 2005

15.1

15.1%

Alexander Norton is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2000 and has 24 years of investment experience. Prior to joining the firm, Alex was an associate in equity derivative sales and later an associate in equity research at Donaldson, Lufkin & Jenrette. Previously, he was a bond broker with Cantor Fitzgerald. Alex received a B.A. in history from the University of Pennsylvania and an M.B.A. in finance from Columbia Business School.

Jason Yeung


Start Date

Tenure

Tenure Rank

Sep 30, 2007

12.93

12.9%

Jason Yeung is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has 22 years of investment experience. Jason joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Jason was a senior research analyst at Ramius Capital Group. Previously, he was an equity research associate at Deutsche Bank. Jason received a B.A., Phi Beta Kappa, in international relations from Johns Hopkins University and an M. Phil. in international relations from the University of Cambridge. He holds the Chartered Financial Analyst designation.

Armistead Nash


Start Date

Tenure

Tenure Rank

Sep 30, 2008

11.93

11.9%

Armistead Nash is an investor for the Counterpoint Global team. He joined Morgan Stanley in 2002 and has 19 years of investment experience. Armistead joined the team in 2004 as an investor. Previously, he was a member of the U.S. Research Group, working closely with the Counterpoint Global team. Prior to joining the firm, Armistead was an associate in investment product development at BlackRock Financial Management. Previously, he was a research analyst in high-yield research at KEA Capital. Armistead received a B.A. in history from the University of Virginia and an M.B.A. from the University of Virginia's Darden School of Business Administration.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 33.68 8.32 0.5