About MGFOX
Morgan Stanley Income Opportunities Fund Class R6 is a multisector bond mutual fund designed to deliver a high level of current income, with total return considered secondarily when consistent with the primary goal. The strategy allocates across a broad mix of fixed-income sectors, including U.S. Treasuries, agency mortgage-backed securities, investment-grade and below-investment-grade corporates, floating-rate loans, and selective emerging-markets sovereigns, using derivatives and futures to manage duration and market exposure. The fund typically exhibits intermediate interest-rate sensitivity, with a recent effective duration near the mid‑single‑year range, while maintaining a diversified top‑holdings profile that includes government futures, Treasury bills and notes, and agency MBS. It is positioned within Morningstar’s Multisector Bond category and is structured for large retirement platforms and other eligible institutional investors. Recent materials indicate updated portfolio management and benchmark alignment to the Bloomberg U.S. Aggregate Index, reflecting a refined risk framework and broader market context. The fund distributes income monthly and targets competitive yield metrics relative to peers, supported by a below‑average distribution fee level and R6 share-class pricing.
Fund Family Morgan Stanley
Category Multisector Bond
Stock Exchange NASDAQ
Ticker Symbol MGFOX
Share Class Class R6
Index Bloomberg Global Aggregate TR USD Hedged
MGFOX had a total return of 7.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.09%.
