MUIIX vs. DINDX

Last updated Apr 1, 2026

Compare and contrast key facts about Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).

MUIIX is managed by Morgan Stanley. It was launched on Apr 28, 2016. DINDX is an actively managed fund by Morgan Stanley. It was launched on Jul 27, 1997.

Performance

MUIIX vs. DINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). The values are adjusted to include any dividend payments, if applicable.

MUIIX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio	0.52%	4.47%	4.94%	4.17%	1.10%	0.10%	0.49%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	0.00%	8.28%	6.76%	8.49%	-7.06%	0.01%	14.29%

Returns By Period

MUIIX

• 1D: 0.00%
• 1M: -0.10%
• YTD: 0.52%
• 6M: 1.55%
• 1Y: 3.82%
• 3Y*: 4.27%
• 5Y*: 3.04%
• 10Y*: —

DINDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MUIIX vs. DINDX - Expense Ratio Comparison

MUIIX has a 0.35% expense ratio, which is lower than DINDX's 0.56% expense ratio.

DINDX

Morgan Stanley Global Fixed Income Opportunities Fund

MUIIX

Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio

Return for Risk

MUIIX vs. DINDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MUIIX

MUIIX Risk / Return Rank: 100
MUIIX Sharpe Ratio Rank: 99
MUIIX Sortino Ratio Rank: 100
MUIIX Omega Ratio Rank: 100
MUIIX Calmar Ratio Rank: 100
MUIIX Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MUIIX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio (MUIIX) 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.

	MUIIX	DINDX	Difference
Sharpe ratio Return per unit of total volatility	3.42	—	—
Sortino ratio Return per unit of downside risk	18.58	—	—
Omega ratio Gain probability vs. loss probability	9.29	—	—
Calmar ratio Return relative to maximum drawdown	42.24	—	—
Martin ratio Return relative to average drawdown	89.61	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MUIIX	DINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.94	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.83	—	—

Correlation

The correlation between MUIIX and DINDX is 0.08, 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.

Dividends

MUIIX vs. DINDX - Dividend Comparison

MUIIX's dividend yield for the trailing twelve months is around 3.85%, while DINDX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MUIIX Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio	3.85%	4.36%	4.81%	3.88%	1.20%	0.10%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	3.44%	4.69%	5.36%	4.69%	5.82%	3.52%	2.98%	3.43%	3.68%	3.13%	6.24%	4.80%

Drawdowns

Volatility

Volatility by Period

	MUIIX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.57%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.44%	—	—