Morgan Stanley Inst Corporate Bond A (MIGAX)
| Fund Assets | 127.45M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 183.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.19% |
| Dividend Growth | -11.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 3, 2025 |
| Previous Close | 10.86 |
| YTD Return | 6.26% |
| 1-Year Return | 2.56% |
| 5-Year Return | -0.04% |
| 52-Week Low | 10.26 |
| 52-Week High | 11.01 |
| Beta (5Y) | 0.34 |
| Holdings | 251 |
| 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 2.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.
Top 10 Holdings
15.37% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co | JPM.V5.766 04.22.35 | 2.70% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 2.43% |
| Bank of America Corp | BAC.V5.872 09.15.34 | 1.97% |
| Goldman Sachs Group Inc/The | GS.V5.33 07.23.35 | 1.46% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 1.30% |
| Ford Motor Credit Co LLC | F.7.35 03.06.30 | 1.22% |
| Verizon Communications Inc | VZ.2.55 03.21.31 | 1.20% |
| Citigroup Inc | C.V4.542 09.19.30 | 1.05% |
| WELLS FARGO & COMPANY - Wells Fargo & Co | WFC.V6.491 10.23.34 | 1.04% |
| Barclays PLC | BACR.V5.785 02.25.36 | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 3, 2025 | $0.03716 | Sep 3, 2025 |
| 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 |