Fund Assets | 125.74M |
Expense Ratio | 1.00% |
Min. Investment | $1,000 |
Turnover | 183.00% |
Dividend (ttm) | 0.48 |
Dividend Yield | 4.30% |
Dividend Growth | -9.51% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 4, 2025 |
Previous Close | 10.68 |
YTD Return | 4.89% |
1-Year Return | 4.30% |
5-Year Return | -2.75% |
52-Week Low | 10.26 |
52-Week High | 11.01 |
Beta (5Y) | 0.33 |
Holdings | 254 |
Inception Date | May 20, 2002 |
About MIGAX
Morgan Stanley Institutional Fund Trust Corporate Bond Portfolio Class A is a mutual fund specializing in **corporate bonds** with an investment objective focused on achieving above-average total returns over a three-to-five-year market cycle. The fund invests primarily in a diversified portfolio of investment-grade debt issued by corporations, emphasizing securities rated Baa or higher by Moody’s or BBB- or higher by Standard & Poor’s. Its strategy centers on selecting high- and medium-quality issuers by combining top-down macroeconomic analysis with rigorous bottom-up fundamental research, aiming to identify attractively valued bonds and major sectors such as financial institutions, industrials, and utilities. This portfolio typically maintains a weighted average maturity of five to ten years, providing exposure across a variety of sectors in the U.S. and limited non-U.S. corporate debt. Notable features include a strong focus on large-cap issuers, maintaining a relatively high credit quality—more than 85% of assets in A or BBB rated securities—and active risk management. The fund offers monthly income distribution and appeals to investors seeking consistent income and credit market diversification within the broader fixed-income landscape.
Performance
MIGAX had a total return of 4.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.
Top 10 Holdings
15.68% of assetsName | Symbol | Weight |
---|---|---|
JPMorgan Chase & Co | n/a | 2.82% |
Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | n/a | 2.64% |
Bank of America Corp | n/a | 2.48% |
Goldman Sachs Group Inc/The | GS.V5.851 04.25.35 | 1.47% |
Barclays PLC | n/a | 1.23% |
Ford Motor Credit Co LLC | n/a | 1.08% |
Verizon Communications Inc | VZ.2.55 03.21.31 | 1.05% |
Citigroup Inc | n/a | 1.00% |
WELLS FARGO & COMPANY - Wells Fargo & Co | WFC.V6.491 10.23.34 | 1.00% |
VICI Properties LP | n/a | 0.91% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 4, 2025 | $0.03706 | Aug 4, 2025 |
Jul 2, 2025 | $0.03977 | Jul 2, 2025 |
Jun 3, 2025 | $0.03972 | Jun 3, 2025 |
May 2, 2025 | $0.03978 | May 2, 2025 |
Apr 2, 2025 | $0.0396 | Apr 2, 2025 |
Mar 4, 2025 | $0.03988 | Mar 4, 2025 |