MSSM Morgan Stanley Pathway Funds - Small-Mid Cap Equity ETF
Quote as of Oct 23, 2026 20:00 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 57.31 | Day Range | 56.62 – 57.22 |
| 52-Week Range | 48.51 – 62.08 | Volume | 10.59K |
| Avg Volume | 16.27K | AUM | $687.5M (Oct 26, 2026) |
| Expense Ratio | 0.89% | Yield (TTM) | 2.79% |
| NAV | 57.06 | Premium/Discount | +0.07% indicative |
| Inception | Nov 18, 1991 | Holdings | 1,834 |
| Issuer | Morgan Stanley | Exchange | AMEX |
| Category | Us Mid Cap | Index Tracked | Not stated in source data |
| CUSIP | 61769L841 | ISIN | US61769L8413 |
| Management | Not stated in source data | ||
About this ETF
MSSM primarily invests in equity securities of mid- and small-cap companies or other investments with similar economic characteristics. The fund defines these companies as those with market caps not exceeding the highest month-end market cap value of any stock in the Russell 2500 or Russell Mid Cap Index for the previous 12 months. To construct the portfolio, the fund employs a multi-manager strategy, with portions of the fund allocated to professional money managers who are responsible for investing the fund's assets. The fund may allocate up to 10% of its assets in foreign securities not traded on a US exchange or the US over-the-counter market. To generate additional income, the fund may lend portfolio securities. On December 9, 2024, MSSM converted from a mutual fund to an ETF structure, starting with $499 million in assets.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.75% | -3.74% | +0.25% | +12.85% | +10.83% | — | — | — | +7.71% |
| Total return | -0.75% | -3.74% | +0.25% | +12.85% | +14.31% | — | — | — | +9.51% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.89% | Annual cost of a $10,000 investment | $89.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 1,834 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | CASH | — | 1.84% | 12.66M | $12.7M |
| 2 | DYNATRACE INC | DT | 0.94% | 102.76K | $6.5M |
| 3 | ASCENDIS PHARMA A/S | ASND | 0.76% | 21.46K | $5.2M |
| 4 | KBR INC | KBR | 0.69% | 119.84K | $4.7M |
| 5 | HAEMONETICS CORP/MASS | HAE | 0.58% | 34.40K | $4.0M |
| 6 | VIASAT INC | VSAT | 0.57% | 67.12K | $4.0M |
| 7 | MODERNA INC | MRNA | 0.52% | 17.68K | $3.6M |
| 8 | LIFE TIME GROUP HOLDINGS INC | LTH | 0.51% | 84.25K | $3.5M |
| 9 | TECHNIPFMC PLC | FTI | 0.51% | 52.38K | $3.5M |
| 10 | VARONIS SYSTEMS INC | VRNS | 0.50% | 70.83K | $3.5M |
| 11 | TEXAS CAPITAL BANCSHARES INC | TCBI | 0.50% | 35.01K | $3.5M |
| 12 | VEECO INSTRUMENTS INC | VECO | 0.49% | 82.72K | $3.4M |
| 13 | GITLAB INC-CL A | GTLB | 0.49% | 61.71K | $3.4M |
| 14 | BRINKER INTERNATIONAL INC | EAT | 0.49% | 17.63K | $3.4M |
| 15 | RYMAN HOSPITALITY PROPERTIES | RHP | 0.49% | 25.52K | $3.4M |
| 16 | OPENLANE INC | OPLN | 0.48% | 86.35K | $3.3M |
| 17 | CHEFS' WAREHOUSE INC/THE | CHEF | 0.47% | 30.28K | $3.2M |
| 18 | BRIGHTSPRING HEALTH SERVICES | BTSG | 0.47% | 52.98K | $3.2M |
| 19 | PLEXUS CORP | PLXS | 0.47% | 14.55K | $3.2M |
| 20 | TENET HEALTHCARE CORP | THC | 0.46% | 11.82K | $3.2M |
| 21 | IMAX CORP | IMAX | 0.46% | 60.68K | $3.2M |
| 22 | WINTRUST FINANCIAL CORP | WTFC | 0.46% | 21.18K | $3.2M |
| 23 | ITT INC | ITT | 0.46% | 16.84K | $3.2M |
| 24 | REGAL REXNORD CORP | RRX | 0.45% | 20.92K | $3.1M |
| 25 | SPROUTS FARMERS MARKET INC | SFM | 0.45% | 45.07K | $3.1M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.79% | Paid (last 12 months) | $1.5950 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 10, 2025 | Last payment | $1.5950 |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 10, 2025 | — | — | $1.5950 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 17.05% / — | Sharpe 1Y / 3Y | 0.541 / — |
| Max drawdown 1Y / 3Y | -9.50% / — | Sortino 1Y | 0.806 |
| Beta vs S&P 500 (3Y) | 1.04 | Correlation vs S&P 500 (1Y) | 0.839 |
| Downside deviation 1Y | 11.45% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 10.59K | Average volume | 16.27K |
| AUM | $687.5M | Premium/Discount | +0.07% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $1.8M | +0.27% | $676.3M → $687.5M |
| 1 Month | $4.3M | +0.62% | $687.8M → $687.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for MSSM
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.