MSIJX — International Real Estate Portfolio
Data updated: 2020-08-27
MSIJX — International Real Estate Portfolio. Europe Real Estate · $4.35M AUM · 2.10% expense ratio. Holdings, fees, performance and SEC filings.
MSIJX Fund Overview
MSIJX — International Real Estate Portfolio is a US mutual fund managed by Morgan Stanley Institutional Fund INC, categorised as Europe Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Morgan Stanley Institutional Fund INC
- Category: Europe Real Estate
- Assets under management: $4.35M
- 1-year return: -21.4%
- Ticker: MSIJX
- SEC CIK: 0000836487
- SEC series ID: S000002835
- Share class ID: C000155895
MSIJX Investment Objective and Strategy
International Real Estate Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Morgan Stanley Institutional Fund INC.
Investment objective
"The International Real Estate Portfolio's (the ""Fund"") investment objective is to provide current income and long-term capital appreciation."
Principal investment strategy
"Under normal circumstances, at least 80% of the Fund's assets will be invested in equity securities of companies in the real estate industry. Such companies are located in various global markets throughout the world (excluding the United States and Canada). This policy may be changed without shareholder approval; however, you would be notified upon 60 days' notice in writing of any changes. The Fund will invest primarily in companies located in the developed countries of Europe and Asia, but may also invest in emerging markets. The Adviser and the Fund's ""Sub-Advisers,"" Morgan Stanley Investment Management Company (""MSIM Company"") and Morgan Stanley Investment Management Limited (""MSIM Limited""), actively manage the Fund using a combination of top-down and bottom-up methodologies. The Adviser's and Sub-Advisers' proprietary models drive the bottom-up value-driven approach for stock selection.
The top-down portion seeks diversified exposure to all major asset classes with an overweighting to property markets that offer the best relative valuation. The bottom-up research process strongly influences the Adviser's and Sub-Advisers' perspective on which property markets they believe provide better relative value and growth prospects and, consequently, affects their decision to overweight or underweight a given region, sector and/or country. The Adviser and Sub-Advisers generally consider selling a portfolio holding if the holding's share price shifts to the point where the position no longer represents an attractive relative value opportunity versus the underlying value of its assets and/or growth prospects or versus other securities in the investment universe. The Fund's Adviser and/or Sub-Advisers may consider information about environmental, social and governance issues (also referred to as ESG) in its bottom-up stock selection process when making investment decisions.
The Fund's Adviser and/or Sub-Advisers may engage with company management regarding corporate governance practices as well as what the Fund's Adviser and/or Sub-Advisers deem to be materially important environmental and/or social issues facing a company."
MSIJX Performance
Total returns for MSIJX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -21.4% |
MSIJX Risk Information
Risk metrics for MSIJX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 25.6%
MSIJX Costs and Fees
MSIJX costs about $210 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.10%
- Gross expense ratio: 25.57%
- Portfolio turnover: 31%
- Brokerage commissions: 5.70 bps of average net assets (SEC N-CEN)
MSIJX Cashflows
Over the 12 months to 2020-06, International Real Estate Portfolio had net outflows of $14.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-06 | −$116.25K |
| 2020-05 | −$267.79K |
| 2020-04 | −$507.35K |
| 2020-03 | −$273.46K |
| 2020-02 | −$347.61K |
| 2020-01 | −$9.39M |
MSIJX Debt Constituents
No individual debt constituents are reported in International Real Estate Portfolio's latest SEC N-PORT filing.
MSIJX Prospectus and SEC Filings
Official International Real Estate Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-20
- Prospectus (485BPOS) — filed 2019-05-17
- Prospectus (485BPOS) — filed 2018-05-17
- Portfolio holdings (N-PORT) — filed 2020-08-27
- Portfolio holdings (N-PORT) — filed 2020-05-27
- Portfolio holdings (N-PORT) — filed 2020-02-25
- Annual census (N-CEN) — filed 2020-03-13
- Annual census (N-CEN) — filed 2019-03-18
Related Funds
Other Europe Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.