Tax-Exempt
Share Class :
 
MXPXX CUSIP: 61747C632 Fund Number: 8356
Tax-Exempt
MXPXX CUSIP: 61747C632 Fund Number: 8356
Share Class :

Tax-Exempt

SHARE CLASS :
MXPXX CUSIP: 61747C632 Fund Number: 8356
 
 
 
 
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

 

 
10
Weighted Average Maturity (Days)
22
Weighted Average Life (Days)
80.70
7-Day Liquidity (%)
 
 
Pricing & Performance

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 07/31/2020 As of 06/30/2020
1 YR 3 YRS 5 YRS 10 YRS Since Inception
MXPXX (%) 0.00 0.01 0.05 0.03 0.63
1 YR 3 YRS 5 YRS 10 YRS Since Inception
MXPXX (%) 0.00 0.01 0.05 0.03 0.63
2019 2018 2017 2016 2015
MXPXX (%) 0.00 0.01 0.01 0.23 0.01
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 07/31/2020
TIMEFRAME MXPXX USD (%)
1 Yr 0.00
3 Yrs 0.01
5 Yrs 0.05
10 Yrs 0.03
Since Inception 0.63
As of 06/30/2020
TIMEFRAME MXPXX USD (%)
1 Yr 0.00
3 Yrs 0.01
5 Yrs 0.05
10 Yrs 0.03
Since Inception 0.63
TIMEFRAME MXPXX USD (%)
2019 0.00
2018 0.01
2017 0.01
2016 0.23
2015 0.01
Past performance is not indicative of future results.
 
 
Historical Shareholder Flows
 
Daily Net Shareholder Flows