Morgan Stanley Inst Strategic Income A
Name
As of 03/30/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.66
$26.5 M
1.74%
$0.17
0.95%
Vitals
YTD Return
-3.9%
1 yr return
-2.5%
3 Yr Avg Return
1.3%
5 Yr Avg Return
2.4%
Net Assets
$26.5 M
Holdings in Top 10
25.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load 3.25%
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/30/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$9.66
$26.5 M
1.74%
$0.17
0.95%
MSADX - Profile
Distributions
- YTD Total Return -3.9%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.83%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMorgan Stanley Institutional Fund Trust Strategic Income Portfolio
-
Fund Family NameMorgan Stanley
-
Inception DateDec 30, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Caron
Fund Description
• | Corporations that generate revenue from the manufacturing or production of tobacco; |
• | Corporations that generate revenue from the manufacturing or production of landmines and cluster munitions (i.e., an explosive weapon that randomly scatters submunitions); |
• | Corporations that generate revenue from the manufacturing or production of firearms; |
• | Corporations that generate revenue from the mining of thermal coal or coal fired power generation; and |
• | Corporations that primarily generate revenue from the fossil fuel industries, which the Adviser has determined produce a certain level of carbon emissions. |
MSADX - Performance
Return Ranking - Trailing
Period | MSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.9% | -19.2% | 17.7% | 44.86% |
1 Yr | -2.5% | -17.2% | 23.1% | 65.64% |
3 Yr | 1.3%* | -10.9% | 14.4% | 79.13% |
5 Yr | 2.4%* | -15.0% | 10.3% | 62.03% |
10 Yr | N/A* | -12.3% | 12.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | MSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.5% | -26.6% | 25.7% | 30.28% |
2022 | -0.5% | -49.2% | 314.3% | 67.37% |
2021 | 3.9% | -35.1% | 16.7% | 58.89% |
2020 | -4.5% | -48.0% | 10.9% | 39.07% |
2019 | 4.9% | -14.8% | 11.2% | 6.21% |
Total Return Ranking - Trailing
Period | MSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.9% | -18.8% | 22.7% | 43.30% |
1 Yr | -5.7% | -17.2% | 38.5% | 87.02% |
3 Yr | 0.1%* | -12.6% | 14.4% | 87.63% |
5 Yr | 1.7%* | -16.0% | 10.3% | 74.71% |
10 Yr | N/A* | -12.9% | 12.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MSADX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.5% | -26.6% | 25.7% | 30.28% |
2022 | -0.5% | -49.2% | 314.3% | 67.37% |
2021 | 3.9% | -35.1% | 16.7% | 61.50% |
2020 | -3.2% | -48.0% | 10.9% | 46.24% |
2019 | 6.8% | -14.8% | 15.2% | 11.84% |
NAV & Total Return History
MSADX - Holdings
Concentration Analysis
MSADX | Category Low | Category High | MSADX % Rank | |
---|---|---|---|---|
Net Assets | 26.5 M | 100 | 133 B | 92.63% |
Number of Holdings | 227 | 2 | 8096 | 67.27% |
Net Assets in Top 10 | -1.18 M | -12.7 B | 15.3 B | 90.78% |
Weighting of Top 10 | 24.98% | 4.3% | 100.0% | 54.23% |
Top 10 Holdings
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
- Us 5yr Note (Cbt) Sep21 Xcbt 20210930 10.06%
Asset Allocation
Weighting | Return Low | Return High | MSADX % Rank | |
---|---|---|---|---|
Bonds | 91.47% | -150.81% | 272.05% | 35.45% |
Cash | 5.21% | -179.17% | 258.91% | 57.79% |
Convertible Bonds | 3.33% | 0.00% | 33.50% | 28.96% |
Stocks | 0.00% | -13.04% | 257.52% | 83.77% |
Preferred Stocks | 0.00% | 0.00% | 31.29% | 78.70% |
Other | 0.00% | -25.82% | 147.28% | 62.34% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MSADX % Rank | |
---|---|---|---|---|
Securitized | 46.04% | 0.00% | 97.82% | 15.76% |
Corporate | 41.32% | 0.00% | 100.00% | 48.18% |
Derivative | 4.97% | 0.00% | 62.46% | 27.47% |
Cash & Equivalents | 4.41% | 0.00% | 100.00% | 69.40% |
Government | 3.26% | 0.00% | 99.55% | 73.70% |
Municipal | 0.00% | 0.00% | 54.95% | 70.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MSADX % Rank | |
---|---|---|---|---|
US | 68.68% | -151.11% | 369.35% | 39.61% |
Non US | 22.79% | -313.67% | 121.47% | 43.12% |
MSADX - Expenses
Operational Fees
MSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.02% | 6.46% | 55.75% |
Management Fee | 0.32% | 0.00% | 2.29% | 4.73% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.23% |
Administrative Fee | 0.08% | 0.01% | 0.70% | 40.51% |
Sales Fees
MSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.25% | 0.00% | 5.75% | 63.53% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
MSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MSADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 0.00% | 496.00% | 14.38% |
MSADX - Distributions
Dividend Yield Analysis
MSADX | Category Low | Category High | MSADX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.74% | 0.00% | 3.06% | 55.53% |
Dividend Distribution Analysis
MSADX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
MSADX | Category Low | Category High | MSADX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.83% | -1.55% | 11.51% | 82.26% |
Capital Gain Distribution Analysis
MSADX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 02, 2019 | $0.048 | |
Oct 02, 2018 | $0.042 | |
Jul 03, 2018 | $0.044 | |
Apr 03, 2018 | $0.049 | |
Dec 11, 2017 | $0.044 | |
Oct 03, 2017 | $0.044 | |
Jul 05, 2017 | $0.040 | |
Apr 04, 2017 | $0.045 | |
Dec 16, 2016 | $0.045 | |
Oct 04, 2016 | $0.045 | |
Jul 05, 2016 | $0.036 | |
Apr 04, 2016 | $0.041 | |
Dec 16, 2015 | $0.157 | |
Oct 02, 2015 | $0.048 | |
Jul 02, 2015 | $0.036 | |
Apr 02, 2015 | $0.017 |
MSADX - Fund Manager Analysis
Managers
James Caron
Start Date
Tenure
Tenure Rank
Dec 30, 2014
7.25
7.3%
Jim is a portfolio manager and senior member of the MSIM Global Fixed Income team and a member of the Asset Allocation Committee focusing on macro strategies. He joined Morgan Stanley in 2006 and has been with financial industry since 1992. Prior to this role, Jim held the position of global head of interest rates, foreign exchange and emerging markets strategy with Morgan Stanley Research. He authored two interest rate publications, the monthly Global Perspectives and the weekly Interest Rate Strategist. Previously, he was a director at Merrill Lynch where he headed the U.S. interest rate strategy group. Prior to that, Jim held various trading positions. He headed the U.S. options trading desk at Sanwa Bank, was a proprietary trader at Tokai Securities and traded U.S. Treasuries at JP Morgan. Jim received a B.A. in physics from Bowdoin College, a B.S. in aeronautical engineering from the California Institute of Technology and an M.B.A in finance from New York University, Stern School of Business.
Joseph Mehlman
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.5
2.5%
Joe is a member of the Global Fixed Income team and is the head of U.S. Credit. He joined Morgan Stanley in 2002 and has 14 years of investment experience. Joe received a B.A. with honours in economics from Trinity College. Joe holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts.
Gregory Finck
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.5
2.5%
Greg is a portfolio manager and head of the Securitized team. He joined Morgan Stanley in December 2014 and has been with financial industry since 1992. Previously, he was a managing director and portfolio manager of mortgage-backed securities portfolios for various Fortress funds at Fortress Investment Group. Prior to that, Greg was a managing director at Goldman, Sachs & Co. where he ran the residential mortgage trading business. Greg received a B.S.E in civil engineering from Princeton University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 28.02 | 5.47 | 3.03 |