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 41 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | MSYIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | MSYIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | MSYIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | MSYIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | MSYIX vs CRDOX |
Best Risk-Adjusted Alternatives to MSYIX
Among 192 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | MSYIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | MSYIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | MSYIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | MSYIX vs CWFIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 96 | — | Feb 2011 | MSYIX vs SHOYX |
Top Performing MSYIX Alternatives (YTD)
Among 192 mutual funds in the High Yield Bonds category with YTD return data, the top-performing alternatives shown here go as high as 8.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.24% | — | Nov 1977 | MSYIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | MSYIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.38% | — | Oct 2018 | MSYIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.33% | — | Jul 1995 | MSYIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.20% | — | Jan 1987 | MSYIX vs FAHYX |
Lowest Volatility Alternatives to MSYIX
Among 193 mutual funds in the High Yield Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | MSYIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | MSYIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | MSYIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | MSYIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | MSYIX vs OSTIX |
Lowest Drawdown Alternatives to MSYIX
Among 192 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | MSYIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | MSYIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | MSYIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | MSYIX vs MDHVX | |
| 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, 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 | 4 | -3.69% | — | Apr 1991 | MSYIX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.74% | — | Mar 1990 | MSYIX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 5 | 1.36% | — | Jan 2002 | MSYIX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 15 | 3.21% | — | Apr 2007 | MSYIX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.82% | — | Mar 1990 | MSYIX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 4 | -4.03% | — | Apr 2017 | MSYIX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 5 | 1.47% | — | Jul 1997 | MSYIX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MSYIX vs DINDX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 4 | -3.78% | — | Apr 1991 | MSYIX vs MSEGX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.57% | — | Apr 2016 | MSYIX vs MUIIX |
Often Compared With MSYIX
Investors most often compare MSYIX with VGENX, AXSIX, CPMPX. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MSYIX with Any Fund or Stock
Compare MSYIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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