- ISIN
- US6176973054
- Issuer
- Morningstar
- Inception Date
- Nov 1, 2018
- Category
- Global Allocation
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
MSTGX Performance Chart
Morningstar Global Income Fund (MSTGX) is up 6.1% since the beginning of the year. MSTGX is currently trading at $11 per share. Investors who bought $1,000 worth of MSTGX shares 5 years ago would now be looking at an investment worth $1,255.
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Returns By Period
Morningstar Global Income Fund (MSTGX) has returned 6.05% so far this year and 11.37% over the past 12 months.
Morningstar Global Income Fund
- 1D
- -0.10%
- 1M
- 0.11%
- YTD
- 6.05%
- 6M
- 6.39%
- 1Y
- 11.37%
- 3Y*
- 9.65%
- 5Y*
- 4.64%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MSTGX Monthly Returns History
Based on dividend-adjusted daily data since Nov 5, 2018, MSTGX's average daily return is +0.03%, while the average monthly return is +0.58%. At this rate, an investment would double in approximately 10.0 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +9.4%, while the worst month was Mar 2020 at -12.8%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, MSTGX closed higher 50% of trading days. The best single day was Mar 26, 2020 with a return of +4.0%, while the worst single day was Mar 12, 2020 at -8.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.10% | 3.07% | -3.54% | 2.06% | 0.78% | -0.38% | 6.05% | ||||||
| 2025 | 3.48% | 0.43% | 0.99% | -0.34% | 1.68% | 1.93% | 0.08% | 1.94% | 0.27% | -0.40% | 0.60% | 0.82% | 12.04% |
| 2024 | -0.14% | 0.99% | 2.17% | -2.39% | 2.31% | -0.12% | 2.37% | 2.00% | 0.35% | -1.84% | 2.53% | -2.78% | 5.36% |
| 2023 | 5.04% | -2.41% | 0.88% | 1.53% | -1.97% | 2.55% | 1.72% | -1.42% | -2.28% | -2.35% | 5.51% | 5.03% | 11.91% |
| 2022 | -1.05% | -3.11% | -1.07% | -3.58% | 1.26% | -6.58% | 2.80% | -1.80% | -6.24% | 3.15% | 6.04% | -0.84% | -11.18% |
| 2021 | -1.17% | 1.54% | 2.51% | 2.64% | 2.31% | -0.08% | 0.48% | 0.66% | -2.69% | 1.59% | -3.16% | 3.79% | 8.46% |
Benchmark Metrics
Morningstar Global Income Fund has an annualized alpha of 0.43%, beta of 0.43, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since November 05, 2018.
- This fund participated in 61.39% of S&P 500 Index downside but only 46.24% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.43 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.43%
- Beta
- 0.43
- R²
- 0.62
- Upside Capture
- 46.24%
- Downside Capture
- 61.39%
Expense Ratio
MSTGX has an expense ratio of 0.62%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MSTGX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Morningstar Global Income Fund (MSTGX) 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.
| MSTGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 2.78 | +0.48 |
| Martin ratioReturn relative to average drawdown | 10.39 | 12.44 | -2.05 |
Dividends
Dividend History
Morningstar Global Income Fund provided a 2.92% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.30 | $0.61 | $0.59 | $0.78 | $1.14 | $0.33 | $0.45 | $0.05 |
Dividend yield | 2.92% | 2.97% | 6.64% | 6.32% | 8.79% | 10.48% | 2.96% | 4.11% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Morningstar Global Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.04 | $0.04 | $0.02 | $0.00 | $0.10 | ||||||
| 2025 | $0.00 | $0.01 | $0.02 | $0.06 | $0.00 | $0.08 | $0.04 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.30 |
| 2024 | $0.04 | $0.03 | $0.04 | $0.05 | $0.05 | $0.12 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.09 | $0.61 |
| 2023 | $0.08 | $0.04 | $0.05 | $0.03 | $0.04 | $0.13 | $0.04 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.59 |
| 2022 | $0.03 | $0.02 | $0.05 | $0.05 | $0.05 | $0.04 | $0.02 | $0.09 | $0.03 | $0.03 | $0.04 | $0.33 | $0.78 |
| 2021 | $0.00 | $0.02 | $0.04 | $0.04 | $0.03 | $0.10 | $0.04 | $0.03 | $0.03 | $0.04 | $0.02 | $0.75 | $1.14 |
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 Morningstar Global Income 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 Morningstar Global Income Fund was 27.52%, occurring on Mar 18, 2020. Recovery took 175 trading sessions.
The current Morningstar Global Income Fund drawdown is 1.17%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -27.52%Mar 2020 | 1mo 27d | 8mo 11d | 10mo 8dJan 2020 - Nov 2020 |
Bear market2022 | -19.64%Sep 2022 | 8mo 17d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 |
Rate-hike selloffLate 2018 | -7.48%Dec 2018 | 20d | 1mo 8d | 1mo 28dDec 2018 - Jan 2019 |
2025 selloff2025 | -6.56%Apr 2025 | 19d | 1mo 8d | 1mo 27dMar 2025 - May 2025 |
2021 pullback2021 | -4.83%Nov 2021 | 2mo 28d | 1mo 13d | 4mo 11dSep 2021 - Jan 2022 |
Drawdown Indicators
| MSTGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.52% | -56.78% | +29.26% |
Max Drawdown (1Y)Largest decline over 1 year | -4.38% | -9.10% | +4.72% |
Max Drawdown (3Y)Largest decline over 3 years | -6.56% | -18.90% | +12.34% |
Max Drawdown (5Y)Largest decline over 5 years | -19.64% | -25.43% | +5.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.17% | -1.80% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -4.31% | -10.71% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 2.03% | -0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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