Temperature dependent synchrotron x-ray powder diffraction, differential scanning calorimetry, and magnetic measurements were performed on ( and 0.35) magnetic shape memory alloys. For , though the monoclinic phase is thermodynamically stable, a trace of residual stress can stabilize a tetragonal phase. The residual-stress-induced tetragonal phase transforms to the cubic austenite phase over an unusually large temperature range , suggesting extremely slow kinetics of transformation. In contrast to , the thermodynamically stable phase of is tetragonal and this composition exhibits the usual features of a reversible martensitic transformation. The results suggest that for the monoclinic and tetragonal phases are nearly degenerate.
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