Fund Evaluator:
Morgan Stanley Global Endurance C (MSJCX)
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Fund Details
Morgan Stanley Global Endurance C Overview
Morgan Stanley Global Endurance C (MSJCX) is an actively managed International Equity Global Small/Mid Stock fund. Morgan Stanley launched the fund in 2018.
The investment seeks long-term capital appreciation. Under normal market conditions, the Adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of established and emerging companies located throughout the world, with capitalizations within the range of companies included in the MSCI All Country World Index. The Adviser typically favors companies with rising returns on invested capital, above-average business visibility, strong free cash flow generation and an attractive risk/reward.
About Morgan Stanley Global Endurance C (MSJCX)
There are 1 members of the management team with an average tenure of 7.50 years: Manas Gautam (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Morgan Stanley Global Endurance C has 37 securities in its portfolio. The top 10 holdings constitute 51.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Morgan Stanley Global Endurance C is part of the Equity global asset class and is within the International Equity fund group. Morgan Stanley Global Endurance C has 23.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 74.4%. There is 23.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Morgan Stanley Global Endurance C has 1.9% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $865 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
MSJCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Morgan Stanley Global Endurance C expense ratio is high compared to funds in the Global Small/Mid Stock category. Morgan Stanley Global Endurance C has an expense ratio of 2.10%, which is 67% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Morgan Stanley Global Endurance C has a portfolio turnover rate of 176%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 56% for the Global Small/Mid Stock category.
Recently, in the month of June 2026, Morgan Stanley Global Endurance C returned 11.2%, which earned it a grade of A, as the Global Small/Mid Stock category had an average return of 1.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Morgan Stanley Global Endurance C has a trailing yield of 0.00%, which is below the 1.34% category average. The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Morgan Stanley Global Endurance C Grades
Year to date, the fund has returned 10.8%, 2.5 percentage points worse than the category, which translates into a grade of D. The fund has returned 24.7% over the past year (grade of B), 15.0% over the past three years (grade of B) and -8.4% per year over the past five years (grade of F).
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MSJCX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MSJCX Return (NAV) | 11.2% | 16.5% | 24.7% | 15.0% | -8.4% | na |
| MSJCX Grade | A | B | B | B | F | na |
| +/- Category | 10.0% | 3.2% | 4.9% | 3.4% | -11.8% | na |
| Global Small/Mid Stock Avg | 1.2% | 13.3% | 19.8% | 11.6% | 3.4% | 9.0% |
| MSJCX Tax Cost Ratio | na | na | 0.0% | 0.2% | 0.4% | na |
MSJCX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MSJCX Return (NAV) | 10.8% | 23.3% | 4.8% | 70.6% | -66.6% | 8.4% | 107.6% | 28.9% | na | na | na |
| MSJCX Grade | D | A | B | A | F | F | A | C | na | na | na |
| +/- Category | -2.5% | 9.1% | 1.9% | 54.1% | -44.2% | -7.6% | 80.0% | 1.3% | na | na | na |
| Global Small/Mid Stock Avg | 13.3% | 14.2% | 2.9% | 16.5% | -22.4% | 16.1% | 27.6% | 27.6% | -14.0% | 26.0% | 7.8% |
| Risk Measures | |
| Standard Deviation: | 21.7% |
| Total Risk Index: | 1.79 - High |
| Category Risk Index: | 1.30 - High |
| Category Risk Grade: | F (97% Rank) |
| Beta: | 1.06 |
| R-Squared: | 39% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | |
| Total Assets: | $16 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 176% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 7.5 years | |||
| Average Tenure: 7.5 years | |||
| Managers (Year): Gautam Manas (2018) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 37 |
| % in Top 10 Holdings: | 51.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 23.7% |
Portfolio Allocation |
|
| Domestic Stock: | 74.4% |
| Foreign Stock: | 23.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.9% |
Purchase Information
| Fund Family: | Morgan Stanley |
| Phone Number: | 800-869-6397 |
| Website: | www.morganstanley.com/im |
| Status: | Open |
| Inception Date: | December 31, 2018 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.10% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.26% |
| Share Class: | Morgan Stanley Global Endurance R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
