Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MUIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MUIIX
MUIIX charges 0.35% annually. There are 29 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | MUIIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | MUIIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | MUIIX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | MUIIX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | MUIIX vs DFYGX |
Best Risk-Adjusted Alternatives to MUIIX
MUIIX has a PortfoliosLab risk / return rank of 100. There are 7 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | MUIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | MUIIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | MUIIX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | MUIIX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | MUIIX vs PAIPX |
Top Performing MUIIX Alternatives (YTD)
MUIIX is at 1.78% YTD. There are 21 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.62% | — | Dec 2010 | MUIIX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | MUIIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | MUIIX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | MUIIX vs TRBUX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.01% | — | Dec 2006 | MUIIX vs ENIAX |
Lowest Volatility Alternatives to MUIIX
MUIIX has 1.17% 1-year volatility. There are 22 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.58% | — | Mar 2017 | MUIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | MUIIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | MUIIX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | MUIIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.65% | — | Sep 1987 | MUIIX vs PRTBX |
Lowest Drawdown Alternatives to MUIIX
MUIIX has a 1-year max drawdown of -0.10%. No mutual funds in the Ultrashort Bond category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | MUIIX vs FCNVX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | MUIIX vs BUBSX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | MUIIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | MUIIX vs DFIHX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | MUIIX vs TMPFX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 5 | -2.67% | — | Apr 1991 | MUIIX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.25% | — | Mar 1990 | MUIIX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 5 | 1.23% | — | Jan 2002 | MUIIX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 38 | 14.01% | — | Apr 2007 | MUIIX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.33% | — | Mar 1990 | MUIIX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 4 | -3.23% | — | Apr 2017 | MUIIX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 5 | 1.37% | — | Jul 1997 | MUIIX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MUIIX vs DINDX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 5 | -2.80% | — | Apr 1991 | MUIIX vs MSEGX | |
| Morgan Stanley China A Share Fund | China Equities, Asia Pacific Equities | 89 | 19.07% | — | Jul 2006 | MUIIX vs CAF |
Often Compared With MUIIX
Investors most often compare MUIIX with OOSP, CSHI, CDX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MUIIX with Any Fund or Stock
Compare MUIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MUIIX with funds that move differently
Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MUIIX.
Explore MUIIX Diversifiers