About MSTGX
The Morningstar Global Income Fund is an actively managed mutual fund with a primary focus on delivering income through a diversified portfolio of global assets. Its investment strategy encompasses income-generating equity securities—including common stocks, preferred shares, real estate investment trusts, and master limited partnerships—alongside substantial allocations to government and corporate bonds, ETFs, and derivatives tied to global interest rates and sovereign debt. The fund employs a global allocation approach with a large value investment style, prioritizing securities with medium credit quality and moderate interest rate sensitivity. Holdings are diversified across sectors such as government, industrials, financials, healthcare, and energy, featuring notable positions in global names like Johnson & Johnson, Chevron, Novartis, and Siemens, as well as a significant concentration in U.S. Treasury instruments and related ETFs. Designed with a moderately conservative risk profile, the fund aims to balance steady income generation with capital preservation, making it relevant for investors seeking exposure to various geographic regions and industries within a single, professionally managed portfolio.
Fund Family Morningstar
Category Global Equity Income
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MSTGX
Share Class Institutional
Index Index is not available on Lipper Database
MSTGX had a total return of 7.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.28%.
