TSDUX vs. DINDX

Last updated Apr 1, 2026

Compare and contrast key facts about Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) and Morgan Stanley Global Fixed Income Opportunities Fund (DINDX).

TSDUX is managed by Morgan Stanley. It was launched on Mar 8, 2016. DINDX is an actively managed fund by Morgan Stanley. It was launched on Jul 27, 1997.

Performance

TSDUX vs. DINDX - Performance Comparison

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

TSDUX vs. DINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund	0.56%	3.24%	6.04%	5.94%	0.41%	-0.11%	2.06%	2.65%	1.64%	1.73%
DINDX Morgan Stanley Global Fixed Income Opportunities Fund	0.00%	8.28%	6.76%	8.49%	-7.06%	0.01%	5.10%	9.59%	-1.28%	7.54%

Returns By Period

TSDUX

• 1D: 0.00%
• 1M: -0.10%
• YTD: 0.56%
• 6M: 0.87%
• 1Y: 2.55%
• 3Y*: 4.92%
• 5Y*: 3.14%
• 10Y*: 2.61%

DINDX

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

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

TSDUX vs. DINDX - Expense Ratio Comparison

TSDUX has a 0.62% expense ratio, which is higher than DINDX's 0.56% expense ratio.

TSDUX

Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund

DINDX

Morgan Stanley Global Fixed Income Opportunities Fund

Return for Risk

TSDUX vs. DINDX — Risk / Return Rank

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

TSDUX

TSDUX Risk / Return Rank: 96
TSDUX Sharpe Ratio Rank: 92
TSDUX Sortino Ratio Rank: 93
TSDUX Omega Ratio Rank: 98
TSDUX Calmar Ratio Rank: 98
TSDUX Martin Ratio Rank: 98

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.

TSDUX vs. DINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund (TSDUX) 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.

	TSDUX	DINDX	Difference
Sharpe ratio Return per unit of total volatility	1.99	—	—
Sortino ratio Return per unit of downside risk	2.82	—	—
Omega ratio Gain probability vs. loss probability	1.79	—	—
Calmar ratio Return relative to maximum drawdown	4.43	—	—
Martin ratio Return relative to average drawdown	20.41	—	—
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

	TSDUX	DINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.95	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	2.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.42	—	—

Correlation

The correlation between TSDUX and DINDX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

TSDUX vs. DINDX - Dividend Comparison

TSDUX's dividend yield for the trailing twelve months is around 2.10%, while DINDX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TSDUX Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed Income Fund	2.10%	3.09%	5.03%	1.55%	6.36%	0.60%	1.65%	2.84%	2.66%	2.22%	1.87%	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

	TSDUX	DINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.09%	—	—