https://www.sec.gov/Archives/edgar/data/836487/000110465922096956/a22-24979_1497.htm
497 1 a22-24979_1497.htm 497
Prospectus Supplement
September 1, 2022
Morgan Stanley Institutional Fund, Inc.
Supplement dated September 1, 2022 to the Morgan Stanley Institutional Fund, Inc. Prospectus dated April 29, 2022
Global Opportunity Portfolio (the "Fund")
Effective January 2, 2023, the Fund will recommence offering Class I, Class A, Class C and Class R6 shares. Accordingly, effective January 2, 2023, the Fund's Prospectus is revised as follows:
The second paragraph of the section of the Prospectus entitled "Fund Summary—Global Opportunity Portfolio—Purchase and Sale of Fund Shares" is hereby deleted.
The second paragraph of the section of the Prospectus entitled "Shareholder Information—Share Class Arrangements" is hereby deleted.
Please retain this supplement for future reference.
=================================================================
Prospectus Supplement
September 1, 2022
Morgan Stanley Institutional Fund, Inc.
Supplement dated September 1, 2022 to the Morgan Stanley Institutional Fund, Inc. Prospectus dated April 29, 2022
Global Opportunity Portfolio (Class IR) (the "Fund")
Effective January 2, 2023, the Fund will recommence offering Class IR shares. Accordingly, effective January 2, 2023, the Fund's Prospectus is revised as follows:
The first paragraph of the section of the Prospectus entitled "Fund Summary—Global Opportunity Portfolio—Purchase and Sale of Fund Shares" is hereby deleted.
The first paragraph of the section of the Prospectus entitled "Shareholder Information—Share Class Arrangements" is hereby deleted.
Please retain this supplement for future reference.
=====================================================================
Statement of Additional Information Supplement
September 1, 2022
Morgan Stanley Institutional Fund, Inc.
Supplement dated September 1, 2022 to the Morgan Stanley Institutional Fund, Inc. (the "Company") Statement of Additional Information dated April 29, 2022
Global Opportunity Portfolio (the "Fund")
Effective January 2, 2023, the Fund will recommence offering Class I, Class A, Class C and Class R6 shares. Accordingly, effective January 2, 2023, the Fund' Statement of Additional Information is revised as follows:
The second footnote following the table on the cover page of the Statement of Additional Information listing the Company's current funds is hereby deleted.
Please retain this supplement for future reference.

Yogi explained things very well. It looks like the only thing you're missing is the definition of YTM (yield to maturity). That's an annualized yield.
So for a bond maturing in 135 days, a 4.08% annual yield translates into approximately 4.08 x 135/365 ≈ 1.51%. (One could do a more precise calculation, but this is close enough, especially since as Yogi said, the future inflation adjustment is just an estimate itself.)
1.51% x $126,634.44 ≈ $1,911.
$1,911 + $126,634.44 ≈ $128,545 proceeds.

Thanks, @yogibearbull. Based on the data in this thread, throughout 2022, the equity levels have been the same, except in June when they were only 1% lower, which I can ascribe to June price decline. Seems like investors are aggressively rebalancing to maintain equity levels. What is surprising is, a lot of hedge funds currently are very low on net equity exposure relative to 2021 and their standard allocation and so some other categories like mutual funds, ETFs, pension funds, retail stock investors, etc. must be making up the short fall at hedge funds.
Interestingly, ARKK had >800M outflows in August (inclusive of nearly $200M of inflows on August 24). It had inflows only on 5 days of the month. SARK had ~150M inflows in August but most of the inflows came in the first two weeks and most of the outflows were in the second two weeks of August.

I sincerely apologize
I Think I am very wrong, after look at old data, recession-bears market downturns could be prolong (average) 18-24 months process. Probably several more legs downs sp500 likely to 3100 in next ~ 6 9 months per friend. Hang tight. Recession may end late 2023.
Of course we do have many bulls fans out there and keep preaching could be short ( only lasting 6 -9 months) , and should ease after Feds fix inflation, pivots /eased of QT, and Russia china situations significant improve. We maybe 1/3 way through already and just ~4 6 months left. Nobody know for sure.

@JohnN - I’m surprised how bonds have fallen so rapidly. My GNMA fund has been hit hard. However, I view it as a hedge of sorts. Obviously it hasn’t functioned in that manner lately. But the market is throwing lots of curve balls. Just try to duck once in a while. Should get better. :)

TUHYX junk bonds rose nicely in july and into august. getting chewed up and spit out, currently. in a big way. great yield. suck-ass share price. 9.41 percent SEC yield. and that's NOT the NCAA Southeastern Conference.
AGEPX: EM (frontier) bonds: 15.08 percent SEC yield. Holy monthly dividends, Batman!
Today, the beach was glorious. water temp = 81. So, at least there's THAT.
https://en.wikipedia.org/wiki/Kailua,_Hawaii#Beach
just noticed that agepx has its 6th-largest holding in gov't bonds from ukraine. maturity date is october 12, 2022. the yield on those ukraine bonds is 14.91 percent. yes. that position in the portfolio = 1.94 percent of total. only 19 percent of AUM is in the top 10 within that portfolio. "Buy War Bonds" at your local theater!

https://www.theatlantic.com/ideas/archive/2022/09/personal-finance-books-wrong/671298

Crack-spreads (~refining margins) were about $60/barrel (yes, per barrel) in late-June and now are only (!) $28/barrel. With Brent $94/barrel and WTI $88/barrel, those are still very high refining margins. Twitter Link

I don't track AAII Asset Allocation Survey as it is based on surveys and thus prone to large errors - I doubt that respondents really do thorough calculations required for portfolio allocation determination.
However, it shows stock allocation at 64.5%, an increase of +0.5%; that is higher than its historical average of 61.5%.
On the other hand, the allocations reported here are based on actual (previous) month-end exposures/allocations of OEFs, ETFs, PEF + ETFs.

@yogibearbull- I apologize for my ignorance in this area, but I'm still unclear on what the approximate actual return would be. Do you mean that it would be approximately $5100, subject to the actual inflation-adjustment?
Thanks again, sir.

Well, that "estimate" is just extrapolating the current CPI rate to 1/15/23. If you believe the Fed, inflation should be coming down, so the actual inflation-adjustment may be a bit less.

@yogibearbull-
Thanks for your response. Can you possibly advise on how to calculate actual return on maturity date of January 15, 2023? Is the 4.028% the actual return that would be received? If so, would that translate into a total received amount of approximately $131,734 ?
As per: $126,634.44 • .04028 =~ $5100, 126,634 + 5100 = 131734
Or is that 4.028% the annualized yield, in which case the return would be much smaller.

This TIPS was issued on 1/31/2013. It has accumulated annual inflation-adjustments since then. TIPS pay all inflation-adjustments at maturity only.
Contact: Office of Financing 202-504-3550
DESCRIPTION: A-2023
CUSIP NUMBER: 912828UH1
DATED DATE: January 15, 2013
ORIGINAL ISSUE DATE: January 31, 2013
ADDITIONAL ISSUE DATE: March 28, 2013
May 31, 2013
MATURITY DATE: January 15, 2023
https://www.treasurydirect.gov/instit/annceresult/tipscpi/2014/tipscpi_912828uh1_092014.htm

I've not purchased any Treasury instruments through Schwab, and today I was looking at this:

US Treasury TIP 0.125% 01/15/2023
Detailed Info
Maturity: January 15, 2023 (4 months and 14 days from today)
Quoted Price: $98.630
Yield to Maturity YTM: 4.028%
Coupon Rate 0.125%
Coupon Frequency Semi-annually
Order Summary
Buy $100,000 CUSIP 912828UH1 @ 98.630 Limit, Fill or Kill
Settlement Date: 09/06/2022
Market Price: $98,630.00
Estimated Markup: $0.00
Principal Amount: $98,630.00
Accrued Interest: $23.11
Estimated Total Cost: $126,634.44

I don't understand how or why the Estimated Total Cost is $126,634.44. I'm sure that some of you who are eperienced in this sort of thing will be able to help on this.
Thanks- OJ

Wow so true
mind boggling
Thank you for sharing thoughtful insights
Mothers portfolio loss ~13% and it's devastating/extremly sad to see since both mom and dad live on fixed incomes + govt subsidized / 401k -rmd quaterly distributions.
My heart almost stopped several times seeing Feds smashing low rates while trying to destroy equities demands to tame inflation.
I was extremely careful manage their monies past 2 _3 yrs but sometimes you can never predicted future events, like Buying $BBBY Bonds was a great deal 4 5 yrs ago at bbb rated and good returns 5.5% yrs...now it's on risks of default. Lucky mama only have about 5k in those bonds
Market maybe turning around soon, we all hope... Leg down maybe ceasing at sp500~3895 but nobody know>

As investors, our investing capacity is constrained by our income and what income is left over at the end of the month (cost of living) to invest.
Recent Study:

a collaboration
between Transamerica Center for Retirement Studies and
Transamerica Institute, examines the retirement outlook of
Generation Z, Millennials, Generation X, and Baby Boomers. It
focuses on the experiences of employed workers of for-profit
companies and the impacts of the pandemic on their health,
employment, financial well-being, and their ability to save and
invest for retirement. The report is based on findings from the
21st Annual Transamerica Retirement Survey, one of the largest
and longest running surveys of its kind. The survey was
conducted in late 2020 when COVID-19 cases were surging, and
many businesses were shuttered or operating at limited capacity
because of the pandemic.

retirement-survey-of-workers-four-generations-living-in-a-pandemic

https://www.cnbc.com/2022/09/01/jobless-claims-total-232000-the-lowest-level-in-two-months.html
Job not bad but still leg down.. Guess bear market bad news are worst news and good news are bad news
Get assigned puts #AMD likely tomorrow Will leap covercall

Not aimed at anyone. Just thinking a lot of folks appear never to have experienced a market correction of 10-15% or a bear market of 20-40% peak to trough in the major averages. Been at least a dozen in my lifetime. 07-09 was the worst. Some indexes and funds fell more than 50% over about a 2 year period. By contrast, the S&P was only down 17% YTD as of yesterday. Since ‘21 was a pretty good year, that 17% is probably not far from where the market topped out.
Doing nothing works if you have a long enough time horizon. Folks working and averaging in haven’t the time some of us do to fret. At 35 I could have cared less what the market did. Slowly raising one’s risk exposure over months or years as the fall continues should also work. One caveat: If one was greedy and running a high risk portfolio before the market fall commenced, there’s not a lot of room left to increase risk level further.
They say don’t invest money in the markets that you will need within 5 or 10 years (opinions on that differ). Mr. Geroux aims to break even within 3 years in his PRWCX - though there are no guarantees. We shall see.

For stable-value funds in workplace 401k/403b,
TIAA Traditional (September rates; no change from August)
Restricted RC 5.75%, RA 5.50%
Flexible RCP 5.00%, SRA 4.75%, Newer IRA 2.80%
https://ybbpersonalfinance.proboards.com/thread/142/tiaa-traditional-rates-monthly?page=2&scrollTo=762
Fed TSP G Fund 2.875% (still showing August rate)
https://www.tspfolio.com/tspgfundinterestrate
@Old_Joe, Treasury Direct does allow trust registrations.

For the week ending on 8/31/22, Bearish remained the top sentiment (50.4%; very high) & bullish remained the bottom sentiment (21.9%; very low); neutral remained the middle sentiment (27.7%; below average); Bull-Bear Spread was -28.5% (very low). Investor concerns: Recession; inflation; supply-chain disruptions; the Fed; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (27+ weeks); geopolitical. For the Survey week (Thursday-Wednesday), stocks were down sharply, bonds down, oil down sharply, gold down, dollar flat. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=7&scrollTo=764

And looky-here! On a stinky smelly day like today, with everything in the red, guess what turned UPWARD in today's trading, on 31st Aug, '22? Yes, you guessed it: BHB. Bar Harbor Bank. God bless Bar Harbor Bank. Monthly div. comes overnight from TUHYX, for what it's worth.
https://www.google.com/search?q=lyrics+when+the+ship+comes+in+dylan&rlz=1C5CHFA_enUS1007US1007&oq=lyrics+when+the+ship+&ie=UTF-8