- What does MPFDX invest in?
- This investment vehicle's objective is to achieve a total return that exceeds the market average over an economic cycle lasting between three and five years. A significant portion of its assets, at least 80%, is allocated to corporate debt securities. The fund primarily invests in corporate bonds issued by U.S. entities that hold an investment-grade credit rating. This typically means a rating of Baa3 or higher from Moody's Investors Service, Inc., BBB- or higher from S&P Global Ratings Group, or BBB- or higher from Fitch Ratings, Inc. Additionally, the fund may include unrated bonds if its adviser considers them to be of equivalent quality.
- What is the expense ratio of MPFDX?
- Morgan Stanley Institutional Corporate Bond Portfolio;I (MPFDX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.
- What is MPFDX's dividend yield?
- MPFDX's trailing-twelve-month yield is 4.79%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of MPFDX?
- Effective duration measures MPFDX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MPFDX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MPFDX?
- MPFDX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of MPFDX?
- Yield to maturity (YTM) is the total return you'd earn from MPFDX if every bond in the portfolio is held to maturity at the current price. MPFDX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
