MSIM Funds on Year-End Best Performer Lists

Morgan Stanley Investment Management funds were featured in several year-end rankings of top performing mutual funds.

  

Morgan Stanley Investment Management funds were featured in several year-end rankings of top performing mutual funds.

The Wall Street Journal (January 6 edition, mutual funds quarterly section) included five MSIM funds in its "Category Kings" ranking for December¹, representing four different strategies managed by four teams:

  • Large-Cap Value: Van Kampen Comstock A
  • Midcap Growth: Morgan Stanley Institutional Mid Cap Growth
  • Multicap Growth: Morgan Stanley Capital Opportunity B
  • Real Estate: Morgan Stanley Institutional Europe Real Estate A, Morgan Stanley Institutional U.S. Real Estate A
MSIM's real estate funds were also prominent in the WSJ mutual fund quarterly review. Institutional Europe Real Estate made the list of the fourth quarter's 50 best performers, the year's 10 best performers, and the five-year period's 50 best performers. Institutional U.S. Real Estate A, Van Kampen Real Estate A and Morgan Stanley Real Estate B all were among the top 50 performers of the year.

In addition, on January 3 Bloomberg ranked two Van Kampen municipal bond funds among the top 10 open-end municipal bond funds for 2004. The Van Kampen High Yield Municipal Fund (#5) and the Van Kampen Strategic Municipal Income Fund (#7) returned 7.49 percent and 6.90 percent, respectively, according to Bloomberg. Only funds with more than US$250mn in assets were included in the ranking.

¹The Wall Street Journal rates Category Kings as top-performing funds in each category ranked by year-to-date total returns (changes in net asset values and reinvested distributions) for the period ended December 31, 2004.