Products & Performance Money Market Funds Tax-Exempt Portfolio

Tax-Exempt Portfolio

Share Class :
 
TXXXX CUSIP: 61775X201 Fund Number: 8456
Products & Performance Money Market Funds Tax-Exempt Portfolio
Tax-Exempt Portfolio
TXXXX CUSIP: 61775X201 Fund Number: 8456
Share Class :

Tax-Exempt Portfolio

SHARE CLASS :
TXXXX CUSIP: 61775X201 Fund Number: 8456
 

 
 
Fund Facts
Inception Date: 02/02/2004
Transactional NAV ($):
as of 10/04/2024 		1.0000
Market NAV ($):
as of 10/03/2024 		1.0000
Daily Net Shareholder Flows ($):
as of 10/04/2024 		-1,396,800
Dividends Declared:

Daily
Purchase Deadline: 1 PM ET
Redemption Deadline: 1 PM ET
Daily Fund Statistics
as of 10/04/2024
Fund Assets ($MM): 445
Daily Liquid Assets (%):
as of 10/03/2024 		0.00
Weekly Liquid Assets (%):
as of 10/03/2024 		78.15
Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Yields are subject to change. For additional important information, please click here
Fees, Expenses & Minimums
Minimum Initial Investment ($): 1,000,000
Management Fee (%): 0.15
Net Expense Ratio (%): 0.35
Gross Expense Ratio (%): 0.47
Investment Approach
The Morgan Stanley Institutional Liquidity Funds (MSILF) Tax-Exempt Portfolio seeks to maximize current income exempt from federal income tax to the extent consistent with preservation of capital and maintenance of liquidity.
Investment Philosophy
We believe that a conservatively managed portfolio of liquid, high-quality tax-exempt money market instruments may maximize tax-free current income while preserving capital and liquidity.
Investment Process
The management team follows a multi-pronged investment process with respect to credit risk, interest rate risk and liquidity. Securities are reviewed on an ongoing basis taking into consideration factors such as economic developments, budgetary trends, cash flow, debt service coverage ratios and tax law changes. Exposure to guarantors and liquidity providers is monitored separately.
 
Fund Highlights

Security:

  • Aaa-mf - Moodys
  • AAAmmf – Fitch

The portfolio's credit quality does not remove market risk
 

Liquidity:

Competitive trading deadlines and same-day access

 

Yield:

Competitive rate of return

 
 
23
Weighted Average Maturity (Days)
24
Weighted Average Life (Days)
78.15
7-Day Liquidity (%)
 
 
Pricing

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. Yield quotation more closely reflects the current earnings of the Portfolio than the total return. For additional important information, please click here.

Average Annual Total Returns As of 09/30/2024 As of 09/30/2024
 
 TIMEFRAME:
 
1 YR 3 YRS 5 YRS 10 YRS Since Inception
TXXXX (%) 0.00 0.00 0.00 0.03 0.57
1 YR 3 YRS 5 YRS 10 YRS Since Inception
TXXXX (%) 0.00 0.00 0.00 0.03 0.57
2023 2022 2021 2020 2019
TXXXX (%) 0.00 0.00 0.00 0.00 0.00
Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. For additional important information, please click here.
 
Average Annual Total Returns

As of 09/30/2024
TIMEFRAME TXXXX USD (%)
1 Yr 0.00
3 Yrs 0.00
5 Yrs 0.00
10 Yrs 0.03
Since Inception 0.57
As of 09/30/2024
TIMEFRAME TXXXX USD (%)
1 Yr 0.00
3 Yrs 0.00
5 Yrs 0.00
10 Yrs 0.03
Since Inception 0.57
TIMEFRAME TXXXX USD (%)
2023 0.00
2022 0.00
2021 0.00
2020 0.00
2019 0.00
Past performance is not indicative of future results.
 
 
Historical Shareholder Flows
 
Daily Net Shareholder Flows
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