Ultra Short Income Portfolio
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.8%
1 yr return
5.1%
3 Yr Avg Return
2.7%
5 Yr Avg Return
1.9%
Net Assets
$11.2 B
Holdings in Top 10
25.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
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 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MUIIX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.16%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameUltra Short Income Portfolio
-
Fund Family NameMorgan Stanley Funds
-
Inception DateApr 29, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJonas Kolk
Fund Description
MUIIX - Performance
Return Ranking - Trailing
Period | MUIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -1.3% | 2.7% | 41.47% |
1 Yr | 5.1% | -0.8% | 12.2% | 81.94% |
3 Yr | 2.7%* | -2.1% | 5.8% | 23.79% |
5 Yr | 1.9%* | -1.0% | 3.9% | 70.21% |
10 Yr | N/A* | -4.5% | 27.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | MUIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.2% | -2.3% | 4.3% | 88.48% |
2022 | -0.1% | -6.5% | 0.5% | 4.76% |
2021 | 0.0% | -2.1% | 0.3% | 8.33% |
2020 | -0.4% | -3.1% | 1.8% | 82.56% |
2019 | 0.1% | -1.2% | 6.1% | 79.35% |
Total Return Ranking - Trailing
Period | MUIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -1.3% | 2.7% | 41.47% |
1 Yr | 5.1% | -0.8% | 12.2% | 81.94% |
3 Yr | 2.7%* | -2.1% | 5.8% | 23.79% |
5 Yr | 1.9%* | -1.0% | 3.9% | 70.21% |
10 Yr | N/A* | -4.5% | 27.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MUIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | 0.8% | 12.1% | 86.18% |
2022 | 1.3% | -5.1% | 2.5% | 5.24% |
2021 | 0.1% | -2.1% | 14.5% | 48.04% |
2020 | 0.6% | -1.0% | 3.6% | 91.79% |
2019 | 1.2% | 0.3% | 9.6% | 96.74% |
NAV & Total Return History
MUIIX - Holdings
Concentration Analysis
MUIIX | Category Low | Category High | MUIIX % Rank | |
---|---|---|---|---|
Net Assets | 11.2 B | 25.6 K | 22.6 B | 6.33% |
Number of Holdings | 155 | 2 | 1291 | 73.76% |
Net Assets in Top 10 | 2.9 B | 32.5 K | 18.4 B | 3.62% |
Weighting of Top 10 | 25.79% | 5.6% | 163.3% | 36.65% |
Top 10 Holdings
- Bank of Montreal 3.55%
- Federation des Caisses Desjardins du Quebec 3.17%
- Caterpillar Financial Services Corp 2.67%
- JP MORGAN SECURITIES LLC:0.000 2.58%
- Goldman Sachs Group Inc/The 2.53%
- MUFG SECURITIES AMERICAS INC:0 2.52%
- Societe Generale SA 2.27%
- Natixis SA/New York NY 2.23%
- Deutsche Bank AG/New York NY 2.22%
- BNP PARIBAS SA:0.000 21DEC2050 2.04%
Asset Allocation
Weighting | Return Low | Return High | MUIIX % Rank | |
---|---|---|---|---|
Cash | 66.39% | 0.00% | 109.89% | 2.26% |
Bonds | 18.38% | 0.00% | 128.16% | 95.48% |
Other | 15.23% | -29.59% | 99.92% | 33.94% |
Convertible Bonds | 2.76% | 0.00% | 15.25% | 50.45% |
Stocks | 0.00% | 0.00% | 97.29% | 58.82% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 50.23% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MUIIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 66.33% | 0.00% | 109.89% | 2.26% |
Corporate | 7.87% | 0.00% | 99.91% | 79.09% |
Derivative | 0.00% | -29.59% | 21.59% | 41.18% |
Securitized | 0.00% | 0.00% | 100.00% | 89.55% |
Municipal | 0.00% | 0.00% | 70.39% | 73.64% |
Government | 0.00% | 0.00% | 100.00% | 87.73% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MUIIX % Rank | |
---|---|---|---|---|
US | 18.38% | 0.00% | 128.16% | 95.48% |
Non US | 0.00% | 0.00% | 22.24% | 58.37% |
MUIIX - Expenses
Operational Fees
MUIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.35% | 0.02% | 28.11% | 70.32% |
Management Fee | 0.20% | 0.00% | 1.19% | 27.15% |
12b-1 Fee | 0.05% | 0.00% | 1.00% | 31.46% |
Administrative Fee | 0.08% | 0.01% | 0.40% | 28.13% |
Sales Fees
MUIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
MUIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
MUIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 369.54% | N/A |
MUIIX - Distributions
Dividend Yield Analysis
MUIIX | Category Low | Category High | MUIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.14% | 12.22% |
Dividend Distribution Analysis
MUIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MUIIX | Category Low | Category High | MUIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.16% | -1.30% | 14.86% | 77.46% |
Capital Gain Distribution Analysis
MUIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 31, 2024 | $0.047 | OrdinaryDividend |
Feb 29, 2024 | $0.044 | DailyAccrualFund |
Jan 31, 2024 | $0.046 | DailyAccrualFund |
Dec 31, 2023 | $0.047 | DailyAccrualFund |
Nov 30, 2023 | $0.046 | DailyAccrualFund |
Oct 31, 2023 | $0.047 | DailyAccrualFund |
Sep 30, 2023 | $0.044 | DailyAccrualFund |
Aug 31, 2023 | $0.047 | DailyAccrualFund |
Jul 31, 2023 | $0.046 | DailyAccrualFund |
Jun 30, 2023 | $0.043 | DailyAccrualFund |
May 31, 2023 | $0.043 | DailyAccrualFund |
Apr 30, 2023 | $0.041 | DailyAccrualFund |
Mar 31, 2023 | $0.041 | DailyAccrualFund |
Feb 28, 2023 | $0.036 | DailyAccrualFund |
Jan 31, 2023 | $0.039 | DailyAccrualFund |
Dec 31, 2022 | $0.036 | DailyAccrualFund |
Nov 30, 2022 | $0.031 | DailyAccrualFund |
Oct 27, 2022 | $0.024 | DailyAccrualFund |
Sep 28, 2022 | $0.023 | DailyAccrualFund |
Aug 31, 2022 | $0.018 | DailyAccrualFund |
Jul 29, 2022 | $0.015 | DailyAccrualFund |
Jun 30, 2022 | $0.010 | DailyAccrualFund |
May 31, 2022 | $0.007 | DailyAccrualFund |
Apr 29, 2022 | $0.003 | DailyAccrualFund |
Mar 31, 2022 | $0.002 | DailyAccrualFund |
Feb 28, 2022 | $0.001 | DailyAccrualFund |
Jan 31, 2022 | $0.001 | DailyAccrualFund |
Dec 31, 2021 | $0.001 | DailyAccrualFund |
Nov 30, 2021 | $0.001 | DailyAccrualFund |
Oct 29, 2021 | $0.001 | DailyAccrualFund |
Sep 30, 2021 | $0.001 | DailyAccrualFund |
Aug 31, 2021 | $0.001 | DailyAccrualFund |
Jul 30, 2021 | $0.001 | DailyAccrualFund |
Jun 30, 2021 | $0.001 | DailyAccrualFund |
May 28, 2021 | $0.001 | DailyAccrualFund |
Apr 30, 2021 | $0.001 | DailyAccrualFund |
Mar 31, 2021 | $0.001 | DailyAccrualFund |
Feb 26, 2021 | $0.001 | DailyAccrualFund |
Jan 29, 2021 | $0.002 | DailyAccrualFund |
Dec 31, 2020 | $0.002 | DailyAccrualFund |
Nov 30, 2020 | $0.002 | DailyAccrualFund |
Oct 30, 2020 | $0.002 | DailyAccrualFund |
Sep 30, 2020 | $0.003 | DailyAccrualFund |
Aug 31, 2020 | $0.004 | DailyAccrualFund |
Jul 31, 2020 | $0.005 | DailyAccrualFund |
Jun 30, 2020 | $0.006 | DailyAccrualFund |
May 29, 2020 | $0.007 | DailyAccrualFund |
Apr 30, 2020 | $0.009 | DailyAccrualFund |
Mar 31, 2020 | $0.013 | DailyAccrualFund |
Feb 28, 2020 | $0.014 | DailyAccrualFund |
Jan 31, 2020 | $0.016 | DailyAccrualFund |
Dec 31, 2019 | $0.017 | DailyAccrualFund |
Nov 29, 2019 | $0.017 | DailyAccrualFund |
Oct 31, 2019 | $0.018 | DailyAccrualFund |
Sep 30, 2019 | $0.019 | DailyAccrualFund |
Aug 30, 2019 | $0.020 | DailyAccrualFund |
Jul 31, 2019 | $0.021 | DailyAccrualFund |
MUIIX - Fund Manager Analysis
Managers
Jonas Kolk
Start Date
Tenure
Tenure Rank
Apr 28, 2016
6.09
6.1%
Jonas is a senior portfolio manager of various Morgan Stanley taxable money market funds. He joined Morgan Stanley in 2004 and has been with financial industry since 1991. Prior to joining the firm, he was a senior portfolio manager at AIG Capital Markets and Chase Asset Management and a money market trader at Metropolitan Life Insurance Co. Jonas received a B.S. in finance from the State University of New York, Albany and an M.B.A. from Fordham University Graduate School of Business.
Michael Cha
Start Date
Tenure
Tenure Rank
Apr 28, 2016
6.09
6.1%
Michael is a senior portfolio manager on the Global Liquidity team. He joined Morgan Stanley in 2008 and has 31 years of investment experience. Prior to joining the firm, Michael was a senior trader at Fidelity Investments. Previously, he worked for Barclays Global Investors as a portfolio manager and at Charles Schwab Investment Management as a trader. Michael received a B.S. in managerial economics from University of California, Davis.
David Schoenfeld
Start Date
Tenure
Tenure Rank
Jan 31, 2018
4.33
4.3%
David is a Portfolio Manager on the Global Liquidity team. He joined Morgan Stanley in 2012 and has 12 years of investment experience. Prior to joining the firm, David worked for Blackrock in Relationship Management-Analytics. Prior to that role, he worked for JP Morgan Chase, Drake Management LLC, and Nomura Securities International. David received a B.A. in political science from the University of Maryland, and an M.B.A. in finance from Baruch College. He passed his Series 7, 63, 4, and 24 registrations as well as the Chartered Alternative Investment Analyst (CAIA) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 7.92 |