Morgan Stanley Long Duration Government Opportunities Fund Class A (USGAX)
| Fund Assets | 235.76M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 349.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 4.43% |
| Dividend Growth | 4.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 6.88 |
| YTD Return | -1.34% |
| 1-Year Return | 3.26% |
| 5-Year Return | -6.20% |
| 52-Week Low | 6.48 |
| 52-Week High | 7.20 |
| Beta (5Y) | n/a |
| Holdings | 184 |
| Inception Date | Jul 28, 1997 |
About USGAX
The Morgan Stanley Long Duration Government Opportunities Fund Class A is a mutual fund designed to provide investors with a high level of current income while prioritizing the safety of principal. This fund primarily invests at least 80% of its net assets in U.S. government securities, including Treasury bonds and agency mortgage-backed securities, with a focus on securities backed by the U.S. government or its agencies. It targets a long-duration portfolio—typically over ten years—which increases its sensitivity to interest rate movements compared to shorter-duration funds. The fund's sector allocation is heavily weighted toward agency mortgage-backed securities, offering exposure to instruments such as fixed-rate passthroughs and collateralized mortgage obligations. With a relatively high portfolio turnover and a diversified base of over 170 holdings, this fund is actively managed to capitalize on opportunities in the long-term government bond market. Its purpose is to suit investors seeking income and a relatively lower credit risk profile, given the backing of the U.S. government, while accepting higher interest rate risk as a trade-off. The fund also distributes income monthly, making it a notable component in the long-duration government fixed income category.
Performance
USGAX had a total return of 3.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 27, 2026 | $0.03308 | Mar 27, 2026 |
| Feb 25, 2026 | $0.02895 | Feb 25, 2026 |
| Jan 28, 2026 | $0.02684 | Jan 28, 2026 |
| Dec 31, 2025 | $0.03521 | Dec 31, 2025 |
| Nov 25, 2025 | $0.0257 | Nov 25, 2025 |
| Oct 29, 2025 | $0.0295 | Oct 29, 2025 |