- ISIN
- US6174408392
- CUSIP
- 617440839
- Issuer
- Morgan Stanley
- Inception Date
- Dec 30, 1992
- Category
- Global Allocation
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MPBAX Performance Chart
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio (MPBAX) is up 7.5% since the beginning of the year. MPBAX is currently trading at $21 per share. Investors who bought $1,000 worth of MPBAX shares 5 years ago would now be looking at an investment worth $1,300.
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Returns By Period
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio (MPBAX) has returned 7.49% so far this year and 17.08% over the past 12 months. Over the last ten years, MPBAX has returned 7.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio
- 1D
- 1.11%
- 1M
- 2.50%
- YTD
- 7.49%
- 6M
- 8.27%
- 1Y
- 17.08%
- 3Y*
- 12.99%
- 5Y*
- 5.38%
- 10Y*
- 7.69%
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
MPBAX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1992, MPBAX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +9.3%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MPBAX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +7.0%, while the worst single day was Mar 16, 2020 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.67% | 1.15% | -5.88% | 7.04% | 2.65% | 0.10% | 7.49% | ||||||
| 2025 | 2.38% | 0.72% | -1.26% | 1.67% | 3.06% | 3.29% | -0.15% | 2.42% | 2.21% | 1.28% | 0.05% | 0.84% | 17.66% |
| 2024 | -0.71% | 1.55% | 2.17% | -2.99% | 3.44% | 0.97% | 2.55% | 2.05% | 1.84% | -2.93% | 2.41% | -2.82% | 7.48% |
| 2023 | 6.43% | -3.75% | 2.45% | 0.58% | -1.86% | 3.73% | 2.77% | -2.33% | -3.64% | -2.15% | 7.46% | 4.58% | 14.29% |
| 2022 | -2.35% | -1.84% | -0.53% | -6.94% | 1.45% | -7.91% | 4.73% | -4.39% | -8.31% | 3.68% | 7.60% | -1.92% | -16.71% |
| 2021 | -0.17% | 1.75% | 1.39% | 2.79% | 2.29% | -1.04% | 0.32% | 0.89% | -2.55% | 2.08% | -1.73% | 2.44% | 8.62% |
Benchmark Metrics
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio has an annualized alpha of 1.94%, beta of 0.56, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since December 31, 1992.
- This fund participated in 65.11% of S&P 500 Index downside but only 63.63% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.94%
- Beta
- 0.56
- R²
- 0.90
- Upside Capture
- 63.63%
- Downside Capture
- 65.11%
Expense Ratio
MPBAX has an expense ratio of 0.72%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MPBAX ranks 50 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Global Strategist Portfolio (MPBAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MPBAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 2.71 | -0.41 |
| Martin ratioReturn relative to average drawdown | 10.04 | 12.15 | -2.11 |
Dividends
Dividend History
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio provided a 6.30% dividend yield over the last twelve months, with an annual payout of $1.32 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.32 | $1.32 | $0.48 | $0.00 | $0.09 | $1.41 | $0.23 | $0.28 | $2.04 | $1.11 | $0.18 | $0.02 |
Dividend yield | 6.30% | 6.77% | 2.70% | 0.00% | 0.61% | 7.91% | 1.32% | 1.74% | 14.65% | 6.52% | 1.15% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for Morgan Stanley Institutional Fund Trust Global Strategist Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.32 | $1.32 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $1.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Morgan Stanley Institutional Fund Trust Global Strategist Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Morgan Stanley Institutional Fund Trust Global Strategist Portfolio was 39.46%, occurring on Mar 9, 2009. Recovery took 493 trading sessions.
The current Morgan Stanley Institutional Fund Trust Global Strategist Portfolio drawdown is 0.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -39.46%Mar 2009 | 1y 4mo | 1y 11mo | 3y 3moNov 2007 - Feb 2011 |
Dot-com crash2000–2002 | -30.36%Oct 2002 | 2y 1mo | 2y 2mo | 4y 3moSep 2000 - Dec 2004 |
COVID crash2020 | -26.45%Mar 2020 | 2mo 2d | 4mo 22d | 6mo 24dJan 2020 - Aug 2020 |
Bear market2022 | -25.16%Oct 2022 | 11mo 6d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
2016 correction2016 | -14.66%Jan 2016 | 8mo 27d | 1y 1mo | 1y 10moApr 2015 - Mar 2017 |
Drawdown Indicators
| MPBAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.46% | -56.78% | +17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.65% | -9.10% | +1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -8.52% | -18.90% | +10.38% |
Max Drawdown (5Y)Largest decline over 5 years | -25.16% | -25.43% | +0.27% |
Max Drawdown (10Y)Largest decline over 10 years | -26.45% | -33.92% | +7.47% |
Current DrawdownCurrent decline from peak | -0.24% | -1.29% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -5.44% | -10.72% | +5.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.74% | 2.02% | -0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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