TALTX vs. DINDX

Last updated Apr 1, 2026

Compare and contrast key facts about Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).

TALTX is managed by Morgan Stanley. It was launched on Feb 14, 2018. DINDX is an actively managed fund by Morgan Stanley. It was launched on Jul 27, 1997.

Performance

TALTX vs. DINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX). The values are adjusted to include any dividend payments, if applicable.

TALTX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund	0.75%	5.51%	3.53%	8.27%	-2.29%	5.33%	5.20%	6.53%	1.69%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	0.00%	8.28%	6.76%	8.49%	-7.06%	0.01%	5.10%	9.59%	-1.71%

Returns By Period

TALTX

• 1D: 0.00%
• 1M: -2.09%
• YTD: 0.75%
• 6M: 2.15%
• 1Y: 5.40%
• 3Y*: 5.84%
• 5Y*: 3.73%
• 10Y*: —

DINDX

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

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

TALTX vs. DINDX - Expense Ratio Comparison

TALTX has a 0.59% expense ratio, which is higher than DINDX's 0.56% expense ratio.

TALTX

Morgan Stanley Pathway Funds Alternative Strategies Fund

DINDX

Morgan Stanley Global Fixed Income Opportunities Fund

Return for Risk

TALTX vs. DINDX — Risk / Return Rank

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

TALTX

TALTX Risk / Return Rank: 49
TALTX Sharpe Ratio Rank: 65
TALTX Sortino Ratio Rank: 60
TALTX Omega Ratio Rank: 72
TALTX Calmar Ratio Rank: 24
TALTX Martin Ratio Rank: 27

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.

TALTX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Alternative Strategies Fund (TALTX) 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.

	TALTX	DINDX	Difference
Sharpe ratio Return per unit of total volatility	1.16	—	—
Sortino ratio Return per unit of downside risk	1.56	—	—
Omega ratio Gain probability vs. loss probability	1.27	—	—
Calmar ratio Return relative to maximum drawdown	0.69	—	—
Martin ratio Return relative to average drawdown	2.86	—	—
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

	TALTX	DINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	—	—

Correlation

The correlation between TALTX and DINDX is 0.29, 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

TALTX vs. DINDX - Dividend Comparison

TALTX's dividend yield for the trailing twelve months is around 4.30%, while DINDX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TALTX Morgan Stanley Pathway Funds Alternative Strategies Fund	4.30%	4.34%	2.45%	3.11%	6.63%	0.69%	0.85%	3.12%	0.74%	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

	TALTX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.36%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	—	—