MSYIX Alternatives & Similar Mutual Funds

Morgan Stanley Institutional Fund Trust High Yield Portfolio (MSYIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MSYIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MSYIX

MSYIX charges 0.65% annually. There are 42 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	MSYIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	MSYIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	MSYIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	MSYIX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	MSYIX vs CRDOX

Best Risk-Adjusted Alternatives to MSYIX

Among 193 mutual funds in the High Yield Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	MSYIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	100	—	Jun 2019	MSYIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	MSYIX vs RPHIX
ICMUX	Intrepid Income Fund	97	—	Aug 2010	MSYIX vs ICMUX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	MSYIX vs PSHNX

Top Performing MSYIX Alternatives (YTD)

Among 193 mutual funds in the High Yield Bonds category with YTD return data, the top-performing alternatives shown here go as high as 10.04%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	10.04%	—	Dec 2014	MSYIX vs XILSX
FOCIX	Fairholme Focused Income Fund	9.48%	—	Dec 2009	MSYIX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	5.47%	—	Nov 1977	MSYIX vs FAGIX
JGH	Nuveen Global High Income Fund	5.11%	—	Nov 2014	MSYIX vs JGH
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	4.93%	—	Oct 2018	MSYIX vs FIQTX

Lowest Volatility Alternatives to MSYIX

Among 194 mutual funds in the High Yield Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.83%	—	Sep 2010	MSYIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	0.85%	—	Jun 2019	MSYIX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	MSYIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	MSYIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.77%	—	Aug 2002	MSYIX vs OSTIX

Lowest Drawdown Alternatives to MSYIX

Among 193 mutual funds in the High Yield Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	MSYIX vs RPHIX
XILSX	Pioneer ILS Interval Fund	-0.10%	—	Dec 2014	MSYIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund Class I Shares	-0.19%	—	Jun 2019	MSYIX vs CCLFX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	MSYIX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	MSYIX vs SCFIX

Other Mutual Funds from Morgan Stanley

The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, EDD and span 5 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MSEQX	Morgan Stanley Growth Portfolio Class I	Large Cap Growth Equities	4	-8.29%	—	Apr 1991	MSYIX vs MSEQX
MACGX	Morgan Stanley Institutional Fund Trust Discovery ...	Mid Cap Growth Equities	3	-0.24%	—	Mar 1990	MSYIX vs MACGX
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	57	14.80%	—	Apr 2007	MSYIX vs EDD
CPOAX	Morgan Stanley Insight A	Large Cap Growth Equities	4	-5.56%	—	Jan 2002	MSYIX vs CPOAX
MPEGX	Morgan Stanley Institutional Fund Trust Discovery ...	Mid Cap Growth Equities	3	-0.08%	—	Mar 1990	MSYIX vs MPEGX
MEGIX	Morgan Stanley Growth Portfolio	Large Cap Growth Equities	3	-8.81%	—	Apr 2017	MSYIX vs MEGIX
CPODX	Morgan Stanley Insight Fund	Large Cap Growth Equities	4	-5.40%	—	Jul 1997	MSYIX vs CPODX
DINDX	Morgan Stanley Global Fixed Income Opportunities F...	Multisector Bonds	—	—	—	Jul 1997	MSYIX vs DINDX
MSEGX	Morgan Stanley Institutional Growth Portfolio	Large Cap Growth Equities	3	-8.43%	—	Apr 1991	MSYIX vs MSEGX
MUIIX	Morgan Stanley Institutional Fund Trust Ultra-Shor...	Ultrashort Bond	100	1.78%	—	Apr 2016	MSYIX vs MUIIX

Often Compared With MSYIX

Investors most often compare MSYIX with VGENX, AXSIX, MGKQX. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VGENX	Vanguard Energy Opportunities Fund Investor Shares	Energy Equities	91	22.83%	6.90B	May 1984	MSYIX vs VGENX
AXSIX	Axonic Strategic Income Fund	Multisector Bonds	94	1.96%	—	Dec 2019	MSYIX vs AXSIX
MGKQX	Morgan Stanley Global Permanence Portfolio	Global Equities	1	1.16%	—	Apr 2019	MSYIX vs MGKQX
CPMPX	Changing Parameters Fund	High Yield Bonds	80	0.85%	—	Oct 2006	MSYIX vs CPMPX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	92	3.15%	—	Jun 2019	MSYIX vs FQTIX
THHYX	Toews Tactical Income Fund	High Yield Bonds	26	-0.03%	—	Jun 2010	MSYIX vs THHYX
PRCPX	T. Rowe Price Credit Opportunities Fund	High Yield Bonds	77	1.69%	—	Apr 2014	MSYIX vs PRCPX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	71	4.88%	—	Jul 1995	MSYIX vs FAHCX
RCRYX	Pioneer Corporate High Yield Fund	High Yield Bonds	63	2.15%	—	Jan 2017	MSYIX vs RCRYX
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	69	2.32%	—	Sep 2013	MSYIX vs RSIIX
PYHRX	Payden High Income Fund	High Yield Bonds	94	2.35%	—	Dec 1997	MSYIX vs PYHRX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.93%	—	Feb 2011	MSYIX vs SHOYX
PRFRX	T. Rowe Price Floating Rate Fund - Investor Class	High Yield Bonds	90	1.84%	—	Jul 2011	MSYIX vs PRFRX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	67	4.77%	—	Jan 1987	MSYIX vs FAHYX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	95	2.61%	—	Mar 2011	MSYIX vs FSHNX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.75%	—	Feb 2011	MSYIX vs SHYPX

Compare MSYIX with Any Fund or Stock

Compare MSYIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MSYIX with funds that move differently

Morgan Stanley Institutional Fund Trust High Yield Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSYIX.

Explore MSYIX Diversifiers

Morgan Stanley Institutional Fund Trust High Yield Portfolio (MSYIX) Alternatives