- ISIN
- US6169614053
- CUSIP
- 616961405
- Issuer
- Morgan Stanley
- Inception Date
- Jul 27, 1997
- Category
- Multisector Bonds
- Min. Investment
- $1,000,000
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
DINDX Performance Chart
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Returns By Period
Morgan Stanley Global Fixed Income Opportunities Fund
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
DINDX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.82% | 1.20% | -0.16% | 0.57% | 0.40% | 1.57% | 0.28% | 1.69% | 0.79% | 0.84% | 0.00% | 8.28% | |
| 2024 | 0.42% | -0.34% | 1.02% | -0.73% | 1.23% | 0.83% | 1.63% | 1.06% | 1.25% | -0.84% | 1.21% | -0.13% | 6.76% |
| 2023 | 2.43% | -1.00% | 1.24% | 0.79% | -0.79% | 0.40% | 0.60% | 0.00% | -0.57% | -0.42% | 2.83% | 2.77% | 8.49% |
| 2022 | -0.82% | -1.34% | -0.98% | -1.55% | -0.64% | -2.33% | 1.47% | -0.62% | -2.17% | -0.20% | 1.81% | 0.16% | -7.06% |
| 2021 | -0.13% | -0.64% | -0.30% | 0.56% | 0.40% | 0.07% | 0.41% | 0.24% | -0.10% | -0.63% | -0.29% | 0.42% | 0.01% |
Benchmark Metrics
Morgan Stanley Global Fixed Income Opportunities Fund has an annualized alpha of 3.95%, beta of 0.02, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since July 28, 1997.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.84%) than losses (15.44%) - typical of diversified or defensive assets.
- Beta of 0.02 may look defensive, but with R2 of 0.02 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.02 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.95%
- Beta
- 0.02
- R²
- 0.02
- Upside Capture
- 21.84%
- Downside Capture
- 15.44%
Expense Ratio
DINDX has an expense ratio of 0.56%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DINDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.36 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.71 | — |
| Martin ratioReturn relative to average drawdown | — | 12.15 | — |
Dividends
Dividend History
Morgan Stanley Global Fixed Income Opportunities Fund provided a 2.69% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.28 | $0.24 | $0.29 | $0.20 | $0.18 | $0.20 | $0.20 | $0.18 | $0.34 | $0.26 |
Dividend yield | 2.69% | 5.36% | 4.69% | 5.82% | 3.52% | 2.98% | 3.43% | 3.68% | 3.13% | 6.24% | 4.80% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.00 | $0.25 | |
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.28 |
| 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 | $0.01 | $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 | $0.02 | $0.18 |
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.
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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 27.11%, occurring on Nov 21, 2008. Recovery took 228 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -27.11%Nov 2008 | 10mo 10d | 11mo 3d | 1y 9moJan 2008 - Oct 2009 |
Dot-com crash2000–2002 | -15.65%Mar 2002 | 3y 5mo | 1y 2mo | 4y 7moOct 1998 - May 2003 |
COVID crash2020 | -12.02%Mar 2020 | 1mo | 4mo 12d | 5mo 12dFeb 2020 - Aug 2020 |
Bear market2022 | -10.28%Oct 2022 | 1y 1mo | 1y 2mo | 2y 3moSep 2021 - Dec 2023 |
2013 pullback2013 | -6.53%Jun 2013 | 1mo 16d | 6mo 27d | 8mo 13dMay 2013 - Jan 2014 |
Drawdown Indicators
| DINDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.29% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.72% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.02% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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