Morgan Stanley Institutional Fund Trust Global Strategist Portfolio (MPBAX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MPBAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MPBAX
MPBAX charges 0.72% annually. There are 21 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | MPBAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MPBAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MPBAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | MPBAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MPBAX vs JNSMX |
Best Risk-Adjusted Alternatives to MPBAX
MPBAX has a PortfoliosLab risk / return rank of 54. There are 49 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | MPBAX vs TIBAX | |
| Hartford Real Asset Fund | 97 | — | May 2010 | MPBAX vs HRLYX | |
| GMO Benchmark-Free Fund | 96 | — | Jun 2011 | MPBAX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | MPBAX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | MPBAX vs GBMFX |
Top Performing MPBAX Alternatives (YTD)
MPBAX is at 7.39% YTD. There are 52 mutual funds in the Global Allocation category with higher YTD returns, going as high as 21.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 21.97% | — | Oct 2005 | MPBAX vs CGO | |
| Calamos Global Dynamic Income Fund | 20.64% | — | Jun 2007 | MPBAX vs CHW | |
| Calamos Global Opportunities Fund | 18.37% | — | Sep 1996 | MPBAX vs CVLOX | |
| Allspring Absolute Return Fund | 18.15% | — | Feb 2012 | MPBAX vs WARAX | |
| Thornburg Investment Income Builder Fund | 16.97% | — | Dec 2002 | MPBAX vs TIBAX |
Lowest Volatility Alternatives to MPBAX
MPBAX has 8.15% 1-year volatility. There are 26 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 2.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 2.99% | — | Jul 2019 | MPBAX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.28% | — | Dec 2017 | MPBAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.62% | — | Mar 2011 | MPBAX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.74% | — | Dec 2011 | MPBAX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.81% | — | Sep 2011 | MPBAX vs NRIIX |
Lowest Drawdown Alternatives to MPBAX
MPBAX has a 1-year max drawdown of -7.65%. There are 49 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | MPBAX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | MPBAX vs LFMIX | |
| Hartford Real Asset Fund | -3.18% | — | May 2010 | MPBAX vs HRLYX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MPBAX vs PFADX | |
| Wilmington Real Asset Fund | -3.74% | — | Jun 2003 | MPBAX vs WMRIX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 5 | -3.35% | — | Apr 1991 | MPBAX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 4 | 4.28% | — | Mar 1990 | MPBAX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 6 | 1.91% | — | Jan 2002 | MPBAX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 14 | 2.46% | — | Apr 2007 | MPBAX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 4 | 4.35% | — | Mar 1990 | MPBAX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 4 | -3.69% | — | Apr 2017 | MPBAX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 6 | 2.03% | — | Jul 1997 | MPBAX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MPBAX vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.57% | — | Apr 2016 | MPBAX vs MUIIX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 5 | -3.45% | — | Apr 1991 | MPBAX vs MSEGX |
Often Compared With MPBAX
Investors most often compare MPBAX with RAPZX, RALIX. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 48 | 13.81% | — | Jan 2012 | MPBAX vs RAPZX | |
| Lazard Real Assets Portfolio | Global Allocation | 83 | 13.01% | — | Dec 2016 | MPBAX vs RALIX |
Compare MPBAX with Any Fund or Stock
Compare MPBAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MPBAX with funds that move differently
Morgan Stanley Institutional Fund Trust Global Strategist Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MPBAX.
Explore MPBAX Diversifiers