Morgan Stanley Mortgage Securities Trust Class L (MTGCX)
| Fund Assets | 644.66M |
| Expense Ratio | 1.30% |
| Min. Investment | $1,000 |
| Turnover | 383.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.62% |
| Dividend Growth | 9.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.87 |
| YTD Return | 2.42% |
| 1-Year Return | 5.10% |
| 5-Year Return | 7.27% |
| 52-Week Low | 7.64 |
| 52-Week High | 7.93 |
| Beta (5Y) | n/a |
| Holdings | 688 |
| Inception Date | Jul 28, 1997 |
About MTGCX
Morgan Stanley Mortgage Securities Trust is an open-end mutual fund that primarily invests in mortgage-related securities. Its main objective is to provide investors with current income by allocating at least 80% of its assets to mortgage-backed securities such as pass-through securities, collateralized mortgage obligations, and commercial mortgage-backed securities. The fund’s portfolio is broadly diversified, featuring a range of securities issued or guaranteed by entities like the Government National Mortgage Association, Federal National Mortgage Association, and Federal Home Loan Mortgage Corporation, as well as structured and asset-backed securities from both public and private issuers. This structure makes the fund particularly relevant for investors seeking exposure to the U.S. residential and commercial real estate markets without direct property ownership. Managed by Morgan Stanley Investment Management, the trust is designed to play a specialized role in portfolios by offering access to the mortgage sector, aiming for reliable income streams and maintaining a core fixed-income allocation within diversified investment strategies.
Performance
MTGCX had a total return of 5.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.40%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMGAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class A | 0.80% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class I | 0.57% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities Fund - Class M | 0.80% |
| FMSFX | Fidelity | Fidelity Mortgage Securities Fund | 0.44% |
Top 10 Holdings
33.97% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5.5 5.11 | 8.53% |
| United States Treasury - U.S. Treasury Bills | B.0 05.22.25 | 4.05% |
| United States Treasury - U.S. Treasury Bills | B.0 10.30.25 | 3.98% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.6 5.11 | 3.30% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.4.5 5.11 | 3.11% |
| United States Treasury - U.S. Treasury Bills | B.0 05.15.25 | 2.76% |
| Morgan Stanley & Co. LLC - Morgan Stanley Institutional Liquidity Funds - Government Portfolio | MVRXX | 2.43% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.3 5.11 | 2.12% |
| UMBS, TBA - Uniform Mortgage-Backed Security, TBA | FNCL.5 5.11 | 2.07% |
| United States Treasury - U.S. Treasury Bills | B.0 07.03.25 | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.02507 | Jun 26, 2025 |
| May 28, 2025 | $0.03055 | May 28, 2025 |
| Apr 28, 2025 | $0.0368 | Apr 28, 2025 |
| Mar 27, 2025 | $0.03323 | Mar 27, 2025 |
| Feb 26, 2025 | $0.0317 | Feb 26, 2025 |
| Jan 29, 2025 | $0.03187 | Jan 29, 2025 |