MIAQX vs. DINDX
Compare and contrast key facts about American Funds Multi-Sector Income Fund (MIAQX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).
MIAQX is managed by American Funds. It was launched on Mar 21, 2019. DINDX is managed by Morgan Stanley. It was launched on Jul 27, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIAQX or DINDX.
Correlation
The correlation between MIAQX and DINDX is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MIAQX vs. DINDX - Performance Comparison
Loading data...
Key characteristics
MIAQX:
1.48
DINDX:
2.45
MIAQX:
2.16
DINDX:
3.60
MIAQX:
1.29
DINDX:
1.54
MIAQX:
1.52
DINDX:
4.09
MIAQX:
5.44
DINDX:
13.66
MIAQX:
1.07%
DINDX:
0.51%
MIAQX:
4.03%
DINDX:
2.87%
MIAQX:
-17.39%
DINDX:
-27.28%
MIAQX:
-1.41%
DINDX:
-0.95%
Returns By Period
In the year-to-date period, MIAQX achieves a 0.82% return, which is significantly lower than DINDX's 1.49% return.
MIAQX
0.82%
2.29%
0.60%
6.16%
3.97%
N/A
DINDX
1.49%
0.58%
2.19%
7.17%
3.87%
3.42%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MIAQX vs. DINDX - Expense Ratio Comparison
MIAQX has a 0.78% expense ratio, which is higher than DINDX's 0.56% expense ratio.
Risk-Adjusted Performance
MIAQX vs. DINDX — Risk-Adjusted Performance Rank
MIAQX
DINDX
MIAQX vs. DINDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Multi-Sector Income Fund (MIAQX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
MIAQX vs. DINDX - Dividend Comparison
MIAQX's dividend yield for the trailing twelve months is around 6.17%, more than DINDX's 5.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIAQX American Funds Multi-Sector Income Fund | 6.17% | 6.07% | 5.82% | 4.53% | 3.40% | 4.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DINDX Morgan Stanley Global Fixed Income Opportunities Fund | 5.00% | 5.45% | 4.70% | 5.88% | 3.59% | 2.90% | 3.84% | 5.22% | 3.16% | 3.75% | 4.82% | 4.62% |
Drawdowns
MIAQX vs. DINDX - Drawdown Comparison
The maximum MIAQX drawdown since its inception was -17.39%, smaller than the maximum DINDX drawdown of -27.28%. Use the drawdown chart below to compare losses from any high point for MIAQX and DINDX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
MIAQX vs. DINDX - Volatility Comparison
American Funds Multi-Sector Income Fund (MIAQX) has a higher volatility of 1.36% compared to Morgan Stanley Global Fixed Income Opportunities Fund (DINDX) at 1.06%. This indicates that MIAQX's price experiences larger fluctuations and is considered to be riskier than DINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...