Morgan Stanley Global Fixed Income Opportunities Fund (DINDX)
The investment seeks a high level of current income; maximum total return is a secondary consideration but only to the extent consistent with the primary objective. The fund will normally invest at least 80% of its assets in a portfolio of fixed-income securities. It may invest up to 65% of its net assets in any one asset class or market segment. The corporate securities in which the fund will invest may include fixed-income securities issued by corporations located in or outside of the United States. It may invest up to 20% of its net assets in loan-related investments, which may be rated investment grade or below investment grade.
Fund Info
| ISIN | US6169614053 |
|---|---|
| CUSIP | 616961405 |
| Issuer | Morgan Stanley |
| Inception Date | Jul 27, 1997 |
| Category | Multisector Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
DINDX features an expense ratio of 0.56%, falling within the medium range.
Share Price Chart
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Popular comparisons: DINDX vs. JMSIX, DINDX vs. MIAQX, DINDX vs. PGHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Morgan Stanley Global Fixed Income Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Morgan Stanley Global Fixed Income Opportunities Fund had a return of 5.90% year-to-date (YTD) and 10.14% in the last 12 months. Over the past 10 years, Morgan Stanley Global Fixed Income Opportunities Fund had an annualized return of 3.40%, while the S&P 500 had an annualized return of 11.31%, indicating that Morgan Stanley Global Fixed Income Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.90% | 24.72% |
| 1 month | -0.27% | 2.30% |
| 6 months | 4.05% | 12.31% |
| 1 year | 10.14% | 32.12% |
| 5 years (annualized) | 2.52% | 13.81% |
| 10 years (annualized) | 3.40% | 11.31% |
Monthly Returns
The table below presents the monthly returns of DINDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.43% | -0.33% | 1.03% | -0.72% | 1.24% | 0.84% | 1.63% | 1.07% | 1.25% | -0.84% | 5.90% | ||
| 2023 | 2.42% | -1.00% | 1.25% | 0.79% | -0.79% | 0.40% | 0.60% | -0.00% | -0.58% | -0.42% | 2.84% | 2.77% | 8.50% |
| 2022 | -0.81% | -1.33% | -0.97% | -1.54% | -0.63% | -2.33% | 1.47% | -0.61% | -2.16% | -0.20% | 1.81% | 0.15% | -7.01% |
| 2021 | -0.12% | -0.63% | -0.29% | 0.57% | 0.41% | 0.07% | 0.41% | 0.24% | -0.45% | -0.28% | -0.28% | 0.42% | 0.07% |
| 2020 | 0.97% | -0.07% | -8.69% | 2.75% | 2.85% | 2.60% | 1.83% | 0.07% | 0.23% | 0.75% | 1.26% | 0.91% | 5.02% |
| 2019 | 2.15% | 0.66% | 1.02% | 0.66% | 0.83% | 1.89% | 0.64% | 0.99% | -0.26% | 0.43% | -0.07% | 0.69% | 10.05% |
| 2018 | 1.13% | -0.43% | 0.09% | 0.14% | -0.75% | 0.13% | 0.65% | -0.05% | 0.48% | -0.72% | -0.23% | -0.16% | 0.25% |
| 2017 | 0.65% | 0.82% | 0.45% | 0.99% | 0.98% | 0.44% | 0.97% | 0.26% | 0.62% | 0.44% | 0.44% | 0.26% | 7.57% |
| 2016 | -1.20% | -0.49% | 2.17% | 1.18% | -0.09% | 0.65% | 1.74% | 0.99% | 0.27% | -0.07% | -0.81% | 0.95% | 5.37% |
| 2015 | 1.36% | 0.98% | -0.38% | 0.29% | -0.40% | -1.08% | 0.30% | -0.93% | -1.12% | 1.21% | -0.03% | -1.08% | -0.92% |
| 2014 | 0.75% | 2.31% | 0.65% | 1.32% | 0.96% | 0.98% | -0.35% | 0.81% | -1.72% | -0.20% | -0.05% | -0.33% | 5.18% |
| 2013 | 0.17% | -0.46% | 0.57% | 2.80% | -2.02% | -3.11% | 1.26% | -0.84% | 2.01% | 2.58% | -0.50% | 1.47% | 3.82% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DINDX is 90, placing it in the top 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Morgan Stanley Global Fixed Income Opportunities Fund provided a 5.33% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.24 | $0.29 | $0.20 | $0.17 | $0.22 | $0.29 | $0.18 | $0.21 | $0.26 | $0.27 | $0.34 |
Dividend yield | 5.33% | 4.70% | 5.88% | 3.59% | 2.90% | 3.84% | 5.22% | 3.16% | 3.75% | 4.82% | 4.62% | 5.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Morgan Stanley Global Fixed Income Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.00 | $0.24 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2022 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.11 | $0.29 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 | $0.20 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.10 | $0.29 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2016 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.21 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 | $0.26 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.27 |
| 2013 | $0.04 | $0.04 | $0.02 | $0.02 | $0.04 | $0.00 | $0.04 | $0.02 | $0.04 | $0.02 | $0.04 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Morgan Stanley Global Fixed Income Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Morgan Stanley Global Fixed Income Opportunities Fund was 23.00%, occurring on Nov 20, 2008. Recovery took 140 trading sessions.
The current Morgan Stanley Global Fixed Income Opportunities Fund drawdown is 0.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23% | May 27, 2008 | 125 | Nov 20, 2008 | 140 | Jun 15, 2009 | 265 |
| -12.02% | Feb 24, 2020 | 23 | Mar 25, 2020 | 91 | Aug 4, 2020 | 114 |
| -10.2% | Sep 7, 2021 | 285 | Oct 21, 2022 | 296 | Dec 27, 2023 | 581 |
| -6.55% | May 9, 2013 | 32 | Jun 24, 2013 | 139 | Jan 10, 2014 | 171 |
| -6.27% | Apr 16, 2015 | 209 | Feb 11, 2016 | 110 | Jul 20, 2016 | 319 |
Volatility
Volatility Chart
The current Morgan Stanley Global Fixed Income Opportunities Fund volatility is 0.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.