- What does MSLC invest in?
- MSLC primarily invests in equity securities of US large-cap companies or other investments with similar economic characteristics. The fund uses the Russell 1000 Index as a benchmark for the market capitalization of eligible companies. This means that its large-cap universe may dip into mid-cap territory. To construct the portfolio, the fund employs a multi-manager strategy, with portions of the fund allocated to professional money managers who are responsible for investing the fund's assets. The fund may allocate up to 10% of its assets in foreign securities not traded on a US exchange or the US over-the-counter market. To generate additional income, the fund may lend portfolio securities. On December 9, 2024, MSLC converted from a mutual fund to an ETF structure, starting with $2.8 billion in assets.
- What is the expense ratio of MSLC?
- Morgan Stanley Pathway Funds - Large Cap Equity ETF (MSLC) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MSLC?
- Morgan Stanley Pathway Funds - Large Cap Equity ETF (MSLC) manages $4.01B 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 MSLC actively managed or an index fund?
- MSLC is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MSLC's is 0.63%) because there's no security selection cost.
- When was MSLC launched?
- Morgan Stanley Pathway Funds - Large Cap Equity ETF (MSLC) launched in November 1991 and is managed by Morgan Stanley.
- How has MSLC performed?
- MSLC'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.
