Morgan Stanley Institutional Liquidity Tax-Exempt Portfolio Wealth S Class

TWSXX

Tax-ExemptRetail
7-day Yield
#396
2.45%
as of 6/30/2026
Net assets
$56.4K
Expense ratio
0.25%
WAM
28
WAL
28
Minimum
$1M
Holding details
71% Variable Rate Demand Notes
26% Municipal Bonds
3% Other Money Market Funds
as of 6/30/2026

Performance

Portfolio Securities

SecurityYield%
Indiana Municipal Power Agency Variable Rate Demand Power Supply System Refunding Revenue Bonds, 2019 Series B (IN) 2.930000%2.93%3.21%
Utah Water Finance Agency Program Revenue Bonds B-1 (UT) 2.700000%2.70%2.38%
Orlando Utilities Commission Utility System Revenue Refunding Bonds Series 2015-B (FL) 3.030000%3.03%2.18%
Columbus Ohio Sewer Revenue System Variable Rate Bonds 2008B (OH) 2.600000%2.60%2.02%
Texas Transportation Commission, Mobility Fund, Texas Transportation Commission Mobility Fund, Series 2006-B (TX) 3.030000%3.03%1.95%
Indiana Finance Authority Environmental Refunding Revenue Bonds, Duke Energy Indiana, Inc., Indiana Finance Authority Environmental Refunding Revenue Bonds Series 2009A-5 (Duke Energy Indiana, Inc. Project) (IN) 3.000000%3.00%1.84%
JP Morgan Chase Putters/Drivers Trust Various States Certificates 5053 (NA) 2.950000%2.95%1.79%
County of Clark, NV Airport System Subordinate Lien Revenue Bonds Series 2008D-2B (NV) 2.700000%2.70%1.74%
Industrial Development Board of the Parish of East Baton Rouge Louisiana, Inc. Revenue Bonds, Exxonmobil Project, Series 2010A, Gulf Opportunity Zone Bonds (LA) 3.050000%3.05%1.56%
Utah Water Finance Agency Program Revenue Bonds Series B-2 (UT) 2.700000%2.70%1.51%
City of Colorado Springs, Colorado Variable Rate Demand Utilities System Refunding Revenue Bonds, Series 2009C (CO) 2.650000%2.65%1.45%
Tender Option Bond Trust Reciepts/Certificates Various States Certificates 2023-BAML 6005 2.820000%2.82%1.43%
RBC Municipal Products Trust Inc, Various States Certificates Series E 155 2.710000%2.71%1.40%
JP Morgan Chase Putters/Drivers Trust Various States Certificates 5077 (NA) 2.700000%2.70%1.40%
Orlando Utilities Commission Utility System Revenue Bonds Series 2008-1 (FL) 3.030000%3.03%1.40%
City of Colorado Springs, Colorado Utilities System Improvement Revenue Bonds, Series 2012A (CO) 2.650000%2.65%1.40%
Hennepin County General Obligation Bonds, Series 2017B (MN) 2.670000%2.67%1.40%
Hampton Roads Sanitation District, Virginia Subordinate Wastewater Revenue Bonds, Series 2016B (VA) 2.550000%2.55%1.40%
City of Jacksonville, Florida Pollution Control Revenue Refunding Bonds (Florida Power & Light Company Project) Series 1995 (FL) 2.800000%2.80%1.32%
City of San Antonio, Texas Water System Subordinate Lien Revenue Refunding Bonds, Series 2024A (TX) 2.880000%2.88%1.29%
Indiana Finance Authority Duke Energy Indiana, Inc. Series 2009A-4 (IN) 3.050000%3.05%1.28%
Long Island Power Authority Electric System General Revenue Bonds, Series 2026A (NY) 2.700000%2.70%1.25%
Long Island Power Authority Electric System General Revenue Bonds, Series 2023D (NY) 2.700000%2.70%1.17%
Ohio Water Development Authority, State of Ohio Water Pollution Control Loan Fund Revenue Bonds Series 2024C (OH) 2.900000%2.90%1.17%
RBC Municipal Products Trust Inc, Various States Certificates Series E-166 2.700000%2.70%1.09%
New York State Energy Research & Development Authority (Consolidated Edison Co. of New York, Inc. Project) Facilities Revenue Bonds Series 2005A, (NY) 2.500000%2.50%1.09%
New York State Energy Research & Development Authority, New York State Energy Research and Development Authority Facilities Revenue Bonds, Series 2005A Consolidated Edison Company of New York Inc Project (NY) 2.600000%2.60%1.09%
New York State Energy Research & Development Authority Facilities Revenue Bonds, Series 2005A (NY) 2.300000%2.30%1.09%
JP Morgan Chase Putters/Drivers Trust Various States Certificates 5093 (NA) 2.700000%2.70%1.09%
Tender Option Bond Trust Reciepts/Certificates Various States Certificates 2023-BAML5063 2.870000%2.87%1.09%
State of Louisiana Gasoline and Fuels Tax Second Lien Revenue Refunding Bonds 2023 Series A-1 (LA) 2.900000%2.90%1.03%
RBC Municipal Products Trust Inc, Various States Certificates Series E 165 2.700000%2.70%1.01%
Miami-Dade County Industrial Development Authority Revenue Refunding Bonds (Florida Power & Light Company Project) Series 2021 (FL) 2.750000%2.75%1.01%
RBC Municipal Products Trust Inc, Various States Certificates Series E 158 2.700000%2.70%0.98%
Metropolitan Sewerage District of Buncombe County, North Carolina Sewerage System Revenue Refunding Bonds Series 2008A (NC) 2.620000%2.62%0.94%
Massachusetts Water Resources Authority Multi-Modal Subordinated General Revenue Bonds, 1999 Series B (MA) 2.720000%2.72%0.93%
Ohio State University Variable Rate Demand General Receipts Bonds (Multiyear Debt Insuarance Program II) Series 2023 A (OH) 2.650000%2.65%0.92%
City of Colorado Springs, Colorado Variable Rate Demand Utilities System Subordinate Lien, Series 2006B (CO) 2.550000%2.55%0.86%
State of Texas, Veterans Bonds, State of Texas Veterans Bonds, Series 2022 (TX) 2.750000%2.75%0.86%
Triborough Bridge And Tunnel Authority (MTA Bridges And Tunnels) General Revenue Variable Rate Refunding Bonds, Subseries 2005B-2 (NY) 2.650000%2.65%0.84%
State of Texas, Veterans Bonds, State of Texas Veterans Bonds, Series 2025B (TX) 2.700000%2.70%0.82%
RBC Municipal Products Trust Inc, Various States Certificates Series E 159 2.700000%2.70%0.78%
JP Morgan Chase Putters/Drivers Trust Various States Certificates 5065 (NA) 2.700000%2.70%0.78%
RBC Municipal Products Trust Inc, Various States Certificates Series G-130 2.700000%2.70%0.78%
Loudoun County Individual Development Authority Revenue BDS Howard Hughes Medical Institute 2003 D (VA) 2.700000%2.70%0.78%
Pennsylvania Turnpike Commission Variable Rate Turnpike Revenue Bonds Second Series 2019 (PA) 2.650000%2.65%0.78%
Escambia County, Florida Solid Waste Disposal Revenue Bonds (Gulf Power Company Project) First Series 2009 (FL) 2.500000%2.50%0.78%
Escambia County, Florida Solid Waste Disposal Revenue Bonds (Gulf Power Company Project) First Series 2009 (FL) 2.600000%2.60%0.78%
New York City Transitional Finance Authority Future Tax Secured Subordinate Bonds Fiscal 2023 Series A (NY) 2.600000%2.60%0.78%
Indiana Finance Authority Environmental Refunding Revenue Bonds, Duke Energy Indiana, Inc., Indiana Finance Authority Environmental Refunding Revenue Bonds, Series 2009A-3, Duke Energy Indiana, Inc. Project (IN) 2.800000%2.80%0.78%
City Municipal Water Finance Authority Water and Sewer System Second General Resolution Revenue Bonds, Adjustable Rate Series 1012 AA (NY) 2.650000%2.65%0.78%
Wisconsin Housing and Economic Development Authority Home Ownership Revenue Bonds, 2025 Series C (Variable Rate Demand) (Non-Amt) (Social Bonds) (WI) 2.670000%2.67%0.78%
Utah County, Utah Variable Rate Hospital Revenue Bonds, Series 2016C (IHC Health Care Services, Inc.) (UT) 2.650000%2.65%0.78%
National Finance Authority Health Care Facilities Revenue Bonds Novant Health Obligated Group 2024 C (NH) 2.750000%2.75%0.78%
RBC Municipal Products Trust Inc, Various States Certificates Series 2023 2.710000%2.71%0.76%
JP Morgan Chase Putters/Drivers Trust Various States Certificates 5076 (NA) 2.700000%2.70%0.75%
RBC Municipal Products Trust Inc, Various States Certificates Series G-150 2.700000%2.70%0.74%
Missouri State Health & Educational Facilities Authority Health Facilities, BJC Health System Series C (MO) 2.680000%2.68%0.73%
RBC Municipal Products Trust Inc, Various States Certificates Series G-151 2.700000%2.70%0.68%
Mississippi Business Finance Corporation Gulf Opportunity Zone Industrial Development Revenue Bonds (Chevron USA, Inc. Project) Series 2009E (MS) 3.000000%3.00%0.64%
RBC Municipal Products Trust Inc, Various States Certificates Series C 20 2.710000%2.71%0.31%
Tender Option Bond Trust Reciepts/Certificates Various States Certificates 2023-BAML 6007 2.820000%2.82%0.30%
Bergen County Improvement Authority County Guaranteed Governmental Pooled Project Notes, Series 2026A (NJ) 4.000000%2.68%1.57%
Lower Colorado River Authority Revenue IAM Series B (TX) 2.700000%2.70%1.56%
City of Charlotte, North Carolina General Obligation Refunding Bonds, Series 2025B (NC) 5.000000%5.00%1.16%
Long Island Power Authority New York Electric System General Revenue IAM, Series 2015 GR-6B (NY) 2.550000%2.55%1.09%
Metropolitan Government of Nashville and Davidson County Water and Sewer Revenue 2022 A (TN) 2.630000%2.63%1.09%
Dallas Waterworks and Sewer System Revenue Series G (TX) 2.650000%2.65%0.98%
Long Island Power Authority Electric System General Revenue Bonds, Series 2015 GR-6B (NY) 2.630000%2.63%0.93%
Texas Water Development Board State Revolving Fund Revenue Bonds, New Series 2018 (TX) 5.000000%2.56%0.89%
Oklahoma City Water Utilities Trust IAM Series A (OK) 2.530000%2.53%0.78%
Houston Utility System Revenue IAM (TX) 2.700000%2.70%0.78%
University of Texas Permanent University Funding IAM, Series A (TX) 2.500000%2.50%0.78%
Montgomery County Maryland IAM Series 2010 B (MD) 2.530000%2.53%0.78%
Dallas Fort Worth International Airport IAM Series I (TX) 2.550000%2.55%0.78%
Pennsylvania Higher Educational Facilities Authority Revenue 2024 (PA) 2.680000%2.68%0.78%
Denver Colorado City and County Board of Water Commissioners IAM Series 2023 A (CO) 2.620000%2.62%0.78%
Illinois Finance Authority Revenue IAM (IL) 2.650000%2.65%0.78%
Illinois Finance Authority Revenue IAM (IL) 2.650000%2.65%0.78%
Louisville and Jefferson County Metropolitan Sewer District, Sewer and Drainage System Revenue 2023 A1 (KY) 2.580000%2.58%0.78%
Omaha Public Power District, Electric Revenue IAM Series A (NE) 2.590000%2.59%0.78%
The Bergen County Improvement Authority County Guaranteed Governmental Pooled Project Notes, Series 2025A (NJ) 4.000000%2.69%0.78%
Metropolitan Government Nashville & Davidson County Tennessee Series 2024 IAM (TN) 2.620000%2.62%0.78%
San Antonio Texas Electric & Gas Revenue Series F IAM (TX) 2.649000%2.65%0.78%
State of Ohio Major New State Infrastructure Project Revenue and Refunding Bonds, Series 2026-1 (OH) 5.000000%2.51%0.71%
Denver Colorado City and County Board of Water Commissioners IAM Series 2023 A (CO) 2.600000%2.60%0.62%
Metropolitan Atlanta Rapid Transit Authority Series 2021B (GA) 2.550000%2.55%0.62%
Houston Independent School District, Limited Tax Refunding Bonds Series 2026 (TX) 5.000000%2.51%0.55%
Hampton Roads Sanitation District, Virginia Subordinate Wastewater Revenue Bonds Series 2025A (VA) 5.000000%2.73%0.53%
City of Richmond Public Utility Revenue and Refunding Bonds Series 2026B (VA) 5.000000%2.49%0.47%
Oklahoma City Water Utilities Trust IAM Series A (OK) 2.552806%2.55%0.39%
Miami-Dade County, Florida Water and Sewer System Revenue Refunding Bonds, Series 2025B (FL) 5.000000%2.64%0.39%
Omaha Public Power District, Nebraska Electric Revenue IAM Series A 2.600000%2.60%0.31%
Board of Regents of the University of Texas System Revenue Financing System Bonds, Series 2016B (Green Bonds) (TX) 5.000000%2.78%0.27%
City of Atlanta Water and Wastewater Subordinate Lien Revenue and Revenue Refunding Bonds, Series 2026 (Sustainability Bonds) (GA) 5.000000%2.51%0.27%
City of Austin, Texas Certificates of Obligation, Series 2021 (TX) 5.000000%2.68%0.21%
The City of Lincoln, Nebraska Lincoln Electric System Revenue Bonds Series 2020A (NE) 5.000000%2.68%0.21%
Texas Transportation Commission State of Texas General Obligation Mobility Fund Refunding Bonds, Texas Transportation Commission State of Texas General Obligtation Mobility Fund, Refunding Bonds, Series 2025 (TX) 5.000000%2.61%0.16%
New York State Environmental Facilities Corporation State Revolving Funds Revenue Bonds (2010 Master Financing Program) Series 2026 C (Green Bonds) (NY) 5.000000%2.37%0.16%
City of Austin, Texas Public Improvement & Refunding Bonds, Series 2025 (TX) 5.000000%2.68%0.14%
Texas Transportation Commission State of Texas General Obligation Mobility Fund Refunding Bonds, Texas Transportation Commission, State of Texas General Obligation Mobility Fund, Refunding Bonds, Series 2024 (TX) 5.000000%2.61%0.08%
Nuveen AMT-Free Municipal Credit Income Fund, Series 1 (OT) 2.740000%2.74%1.56%
Nuveen AMT-Free Municipal Income Fund VRDP - NEA 1 (MA) 2.750000%2.75%1.56%