# Morgan Stanley Institutional Global Franchise Portfolio;A (MSFBX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/msfbx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Morgan Stanley · Asset class: Currency - Strategy: Thematic · Inception: 2001-11-30 This fund aims for long-term capital growth through investments predominantly in equity securities of global companies. It focuses on identifying issuers believed to possess enduring competitive advantages, capable management teams, and robust financial health. Typically, the portfolio will include companies from at least three different nations, with the United States being a potential inclusion. The fund retains the flexibility to concentrate its holdings in a relatively small number of businesses, and it may allocate up to 25% of its total assets to a single issuer. Additionally, it may... ## Key Facts | Metric | Value | |---|---| | Price | $27.90 | | Expense Ratio | 1.21% | | Assets Under Management | $1.77B | | NAV | $27.90 | | Holdings Count | — | | Distribution Yield (TTM) | 13.86% | | Annual Distribution (TTM) | $3.87 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.51 – $33.61 | | Beta | 0.71 | ## Latest Distribution - Amount: $3.8683 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does MSFBX invest in? This fund aims for long-term capital growth through investments predominantly in equity securities of global companies. It focuses on identifying issuers believed to possess enduring competitive advantages, capable management teams, and robust financial health. Typically, the portfolio will include companies from at least three different nations, with the United States being a potential inclusion. The fund retains the flexibility to concentrate its holdings in a relatively small number of businesses, and it may allocate up to 25% of its total assets to a single issuer. Additionally, it may employ foreign currency forward exchange contracts. ### What is the expense ratio of MSFBX? Morgan Stanley Institutional Global Franchise Portfolio;A (MSFBX) charges an expense ratio of 1.21%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MSFBX? Morgan Stanley Institutional Global Franchise Portfolio;A (MSFBX) manages $1.77B 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 MSFBX actively managed or an index fund? MSFBX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MSFBX launched? Morgan Stanley Institutional Global Franchise Portfolio;A (MSFBX) launched in November 2001 and is managed by Morgan Stanley. ### How has MSFBX performed? MSFBX'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 MSFBX pay a dividend? Morgan Stanley Institutional Global Franchise Portfolio;A (MSFBX) currently distributes little or no income. Trailing-twelve-month yield is 13.86%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MSFBX pay dividends? Morgan Stanley Institutional Global Franchise Portfolio;A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MSFBX's dividend yield? MSFBX's trailing-twelve-month yield is 13.86%, calculated from the sum of dividends over the past year divided by the current price. ### When is MSFBX's next ex-dividend date? The most recently announced ex-dividend date for MSFBX was 2025-12-16. 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 MSFBX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.21% 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 MSFBX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MSFBX'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 MSFBX cost more than a fund like VOO? MSFBX's strategy (current expense ratio 1.21%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MSFBX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MSFBX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MSFBX (1.21%) 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/msfbx - Distribution history: https://www.dividenddata.com/funds/msfbx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/msfbx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/msfbx/expenses - Peer comparison: https://www.dividenddata.com/funds/msfbx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.