# Morgan Stanley Insti Fd Tr Balanced Portf I Cl (MPBAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mpbax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Morgan Stanley · Asset class: Equity - Strategy: Actively Managed · Inception: 1992-12-31 This investment vehicle aims to generate superior total returns over a market cycle typically spanning three to five years. To achieve this objective, it principally invests in a blended portfolio of equity and fixed-income instruments issued by entities in both the United States and other countries. The fund's stock holdings may encompass common and preferred shares, depositary receipts, convertible securities, equity-linked instruments, real estate investment trusts (REITs), rights and warrants enabling equity purchases, and limited partnership interests. Furthermore, it has the discretio... ## Key Facts | Metric | Value | |---|---| | Price | $20.63 | | Expense Ratio | 0.74% | | Assets Under Management | $591.3M | | NAV | $20.63 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 6.40% | | Annual Distribution (TTM) | $1.32 /share | | Distribution Frequency | Annual | | 52-Week Range | $18.72 – $21.27 | | Beta | 1.03 | ## Latest Distribution - Amount: $1.3197 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-11 ## Frequently Asked Questions ### What does MPBAX invest in? This investment vehicle aims to generate superior total returns over a market cycle typically spanning three to five years. To achieve this objective, it principally invests in a blended portfolio of equity and fixed-income instruments issued by entities in both the United States and other countries. The fund's stock holdings may encompass common and preferred shares, depositary receipts, convertible securities, equity-linked instruments, real estate investment trusts (REITs), rights and warrants enabling equity purchases, and limited partnership interests. Furthermore, it has the discretion to allocate a portion of its assets to lower-rated, below investment grade fixed-income securities, and may also acquire restricted or illiquid assets. ### What is the expense ratio of MPBAX? Morgan Stanley Insti Fd Tr Balanced Portf I Cl (MPBAX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MPBAX? Morgan Stanley Insti Fd Tr Balanced Portf I Cl (MPBAX) manages $591.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MPBAX actively managed or an index fund? MPBAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MPBAX's is 0.74%) in exchange for the discretion to over- or under-weight positions. ### When was MPBAX launched? Morgan Stanley Insti Fd Tr Balanced Portf I Cl (MPBAX) launched in December 1992 and is managed by Morgan Stanley. ### How has MPBAX performed? MPBAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does MPBAX pay a dividend? Morgan Stanley Insti Fd Tr Balanced Portf I Cl (MPBAX) currently distributes little or no income. Trailing-twelve-month yield is 6.40%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MPBAX pay dividends? Morgan Stanley Insti Fd Tr Balanced Portf I Cl pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MPBAX's dividend yield? MPBAX's trailing-twelve-month yield is 6.40%, calculated from the sum of dividends over the past year divided by the current price. ### When is MPBAX's next ex-dividend date? The most recently announced ex-dividend date for MPBAX was 2025-12-11. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MPBAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.74% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MPBAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MPBAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MPBAX cost more than a fund like VOO? MPBAX is actively managed (current expense ratio 0.74%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MPBAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MPBAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MPBAX (0.74%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mpbax - Distribution history: https://www.dividenddata.com/funds/mpbax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mpbax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mpbax/expenses - Peer comparison: https://www.dividenddata.com/funds/mpbax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.