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CMBS deal fund holders

MSC 2021-L5 Fund Holders: Who Owns MSC 2021-L5 CMBS?

A reverse NPORT-P holder map for MSC 2021-L5: funds, families, mapped values, CUSIPs, tranches, filing dates, and links back to the deal and fund pages.
Holder tableBase deal pageAll holder pages
Latest SEC NPORT-P filing date in this holder set: 2026-06-29. The page is generated only for CMBS deals with at least 10 reporting funds.
Reported fund holders11
Mapped position value$8.6M
CUSIPs mapped4
Latest filing date2026-06-29
Vintage2021
Deal overview

MSC 2021-L5

Morgan Stanley Capital I Trust 2021-L5's issuance is a U.S. CMBS transaction issued from the MSC shelf and backed by 65 commercial mortgage loans with an aggregate principal balance of 816.9 million at issuance, secured by the fee and leas...
Position summary

What the mapped funds report

11 funds report $8.6M in mapped positions across 4 CUSIP identifiers and4 tranche labels. The largest mapped holder is Fidelity Real Estate High Income Fund.Current trust balance: $741M; as of 2026-06-30.
Complete holder list

Funds reporting MSC 2021-L5 positions

11 funds ranked by mapped position value
RankFundFamilyFund typeMapped value% mapped deal valueCUSIPsTranchesLatest filing
1Fidelity Real Estate High Income FundFidelityReal estate / mortgage$3.3M38.3%61691YAJ0A-42025-07-24
2Franklin Total Return FundFranklin TempletonBond / income$1.6M18.8%61691YAP6X-A2026-06-24
3Franklin Core Plus Bond FundFranklin TempletonBond / income$1.5M17.2%61691YAP6X-A2026-06-24
4Versus Capital Multi-Manager Real Estate Income Fund LLCVersus CapitalReal estate / mortgage$941.0K10.9%61691YBS9F2024-02-28
5JPMorgan Flexible Debt ETFJPMorganETF$449.5K5.20%61691YAP6X-A2026-04-29
6MFS Global Opportunistic Bond FundMFSBond / income$238.7K2.76%61691YAP6X-A2026-04-22
7MFS Global Total Return FundMFSBond / income$183.0K2.12%61691YAP6X-A2026-06-29
8BNY Mellon Core Bond ETFBNY MellonETF$168.0K1.94%61691YAB7A-22025-06-25
9Franklin Strategic Income VIP FundFranklin TempletonBond / income$136.1K1.57%61691YAP6X-A2026-05-27
10VOYA BALANCED PORTFOLIOVOYA BALANCEDAllocation / multi-asset$58.6K0.68%61691YAP6X-A2024-08-27
11Voya Balanced Income PortfolioVoya BalancedAllocation / multi-asset$49.0K0.57%61691YAP6X-A2025-08-26
Holder families

Mapped holdings by fund family

Family labels are conservative URL/name classifications.
FamilyMapped value% mapped valueFunds
Fidelity$3.3M38.3%1
Franklin Templeton$3.2M37.6%3
Versus Capital$941.0K10.9%1
JPMorgan$449.5K5.20%1
MFS$421.6K4.88%2
BNY Mellon$168.0K1.94%1
VOYA BALANCED$58.6K0.68%1
Voya Balanced$49.0K0.57%1
Related holder pages

Nearby CMBS deal-holder pages

Same shelf or vintage where enough public funds report holdings.
DealVintageShelfFundsMapped valueLatest filing
BANK 2021-BNK352021BANK15$20.3M2026-06-29
BMARK 2021-B282021BMARK11$16.7M2026-06-29
MSC 2018-H32018MSC11$5.1M2026-06-29
BMARK 2021-B252021BMARK10$46.2M2026-05-29
MSC 2015-MS12015MSC10$7.9M2026-06-17
Methodology

How this deal-holder page is built

  1. Start with SEC NPORT-P holdings rows mapped to the DealCharts CMBS deal key.
  2. Group rows by fund series key and sum reported mapped position value.
  3. Carry CUSIPs, tranche labels, filing dates, reporting periods, fund identifiers, and source links.
  4. Publish a page only when at least 10 funds report mapped holdings in the deal.
  5. Link back to the base CMBS deal page and each fund page so the position can be traced both ways.
Boundary

Public fund-holder map, not a full ownership register

This page answers who reports holding MSC 2021-L5 through public NPORT-P filings. It does not include private accounts, dealers, insurance portfolios, or every beneficial owner.
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