MURSX: Morgan Stanley Inst US Real Estate IS

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MURSX Morgan Stanley Inst US Real Estate IS


Profile

MURSX - Profile

Vitals

  • YTD Return -37.5%
  • 3 Yr Annualized Return -26.0%
  • 5 Yr Annualized Return -20.0%
  • Net Assets $99.7 M
  • Holdings in Top 10 57.9%

52 WEEK LOW AND HIGH

$6.93
$6.01
$12.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

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

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $10,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return -37.5%
  • 3 Yr Annualized Total Return -20.1%
  • 5 Yr Annualized Total Return -11.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Morgan Stanley Institutional Fund, Inc. U.S. Real Estate Portfolio
  • Fund Family Name
    Morgan Stanley
  • Inception Date
    Sep 13, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Theodore Bigman

Fund Description

The fund normally invests at least 80% of its assets in equity securities of companies in the U.S. real estate industry. The Adviser seeks a combination of above-average current income and long-term capital appreciation by investing primarily in equity securities of companies in the U.S. real estate industry, including REITs. The fund focuses on REITs as well as real estate operating companies ("REOCs") that invest in a variety of property types and regions. The fund is non-diversified.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

MURSX - Performance

Return Ranking - Trailing

Period MURSX Return Category Return Low Category Return High Rank in Category (%)
YTD -37.5% -52.5% 1.0% 98.53%
1 Yr -44.8% -55.3% 35.8% 97.00%
3 Yr -26.0%* -26.6% 7.8% 98.30%
5 Yr -20.0%* -23.2% 7.2% 96.98%
10 Yr N/A* -8.7% 13.6% 18.25%

* Annualized

Return Ranking - Calendar

Period MURSX Return Category Return Low Category Return High Rank in Category (%)
2019 2.4% -22.7% 43.1% 94.72%
2018 -29.0% -44.0% 2.2% 94.82%
2017 -11.5% -16.4% 25.4% 92.07%
2016 -3.6% -28.0% 12.5% 55.81%
2015 -12.8% -19.4% 2.4% 88.32%

Total Return Ranking - Trailing

Period MURSX Return Category Return Low Category Return High Rank in Category (%)
YTD -37.5% -52.5% 1.0% 98.53%
1 Yr -44.8% -55.3% 35.8% 97.00%
3 Yr -20.1%* -24.9% 7.8% 96.17%
5 Yr -11.6%* -18.8% 7.2% 92.46%
10 Yr N/A* -5.0% 13.6% 50.36%

* Annualized

Total Return Ranking - Calendar

Period MURSX Return Category Return Low Category Return High Rank in Category (%)
2019 2.4% -22.7% 43.1% 94.72%
2018 -23.0% -43.3% 3.3% 96.41%
2017 3.3% -13.6% 31.4% 60.35%
2016 7.1% -12.3% 12.5% 21.40%
2015 2.6% -15.2% 7.7% 36.04%

NAV & Total Return History


Holdings

MURSX - Holdings

Concentration Analysis

MURSX Category Low Category High MURSX % Rank
Net Assets 99.7 M 1.2 M 58.2 B 74.51%
Number of Holdings 47 20 660 42.75%
Net Assets in Top 10 105 M 1.06 M 28.5 B 67.75%
Weighting of Top 10 57.91% 10.6% 78.9% 8.18%

Top 10 Holdings

  1. SL Green Realty Corp 10.84%
  2. Simon Property Group Inc 10.60%
  3. Boston Properties Inc 6.83%
  4. AvalonBay Communities Inc 6.13%
  5. Prologis Inc 5.27%
  6. Host Hotels & Resorts Inc 5.09%
  7. Macerich Co 3.70%
  8. Equity Residential 3.46%
  9. Vornado Realty Trust 3.25%
  10. Hudson Pacific Properties Inc 2.73%

Asset Allocation

Weighting Return Low Return High MURSX % Rank
Stocks
99.01% 6.22% 113.50% 44.57%
Cash
0.69% -103.72% 19.82% 63.41%
Other
0.30% -4.55% 88.14% 17.39%
Preferred Stocks
0.00% 0.00% 47.46% 94.20%
Convertible Bonds
0.00% 0.00% 6.95% 93.12%
Bonds
0.00% -1.35% 93.37% 93.12%

Stock Sector Breakdown

Weighting Return Low Return High MURSX % Rank
Real Estate
100.00% 38.43% 100.00% 29.70%
Utilities
0.00% 0.00% 6.44% 93.61%
Technology
0.00% 0.00% 15.01% 93.23%
Industrials
0.00% 0.00% 10.59% 93.23%
Healthcare
0.00% 0.00% 3.74% 92.48%
Financial Services
0.00% 0.00% 20.38% 92.86%
Energy
0.00% 0.00% 3.09% 91.73%
Communication Services
0.00% 0.00% 1.28% 92.86%
Consumer Defense
0.00% 0.00% 0.24% 92.48%
Consumer Cyclical
0.00% 0.00% 33.77% 96.62%
Basic Materials
0.00% 0.00% 5.59% 92.48%

Stock Geographic Breakdown

Weighting Return Low Return High MURSX % Rank
US
99.01% 6.22% 113.50% 40.22%
Non US
0.00% 0.00% 26.60% 95.29%

Expenses

MURSX - Expenses

Operational Fees

MURSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.07% 19.12% 69.26%
Management Fee 0.70% 0.00% 1.50% 35.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.47% 35.96%

Sales Fees

MURSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 6.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MURSX 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.

MURSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 3.00% 257.00% 26.92%

Distributions

MURSX - Distributions

Dividend Yield Analysis

MURSX Category Low Category High MURSX % Rank
Dividend Yield 0.00% 0.00% 8.52% 92.75%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MURSX Category Low Category High MURSX % Rank
Net Income Ratio 2.09% -0.10% 5.67% 25.84%

Capital Gain Distribution Analysis

MURSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MURSX - Fund Manager Analysis

Managers

Theodore Bigman


Start Date

Tenure

Tenure Rank

Mar 31, 1995

25.02

25.0%

Ted joined Morgan Stanley in 1995 and has 32 years of investment experience. He is the Head of Global Listed Real Assets Investing, global portfolio manager for the Global Real Estate Securities strategy and also the lead portfolio manager for the Global Infrastructure Securities strategy. Prior to joining the Firm in 1995, he was a Director at CS First Boston, where he worked for eight years in the real estate investment banking group. He established and managed the REIT effort at CS First Boston, and had primary responsibility for $2.5 billion of REIT initial public offerings. Ted also worked at Bain & Company as an Associate Consultant for two years. Ted received a B.A. from Brandeis University in Economics and an M.B.A. from Harvard Business School and studied at the London School of Economics. He was the 2011 recipient of the Industry Achievement Award from the National Association of Real Estate Investment Trusts, the leading REIT industry group, for his approach to securities research on listed real estate companies, which has been influential in making REITs a standard component of institutional real estate portfolios.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 26.26 8.02 0.37