Fund Research for Morgan Stanley Flexible Income A (DINAX)

  • Fund Overview

    Fund Inception Date: Jul 28, 1997
    Category: Multisector Bond
    Overall Risk: Average
    Fund Family: Morgan Stanley
    Return Since Inception: 2.83%
    YTD Return: 26.83%
    Yield (TTM): 7.81%
    Net Assets: 85.64 M
    Morningstar Rating:
    1 of 5
    The investment seeks a high level of current income; maximum total return is a secondary consideration only to the extent consistent with the primary objective. The fund normally invests at least 80% of assets in a portfolio of fixed-income securities. The manager allocates investments among investment-grade global securities, mortgage-backed securities and U.S. government securities, high-yield securities and emerging-market securities. It may invest up to 65% of assets in any one asset class or market segment. The fund may invest up to 20% of assets in public bank loans made by banks or other financial institutions.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player
    Details
    Average Eff Duration 4.7 Yrs
    Average Eff Maturity 7.7 Yrs
    Average Credit Quality BBB
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/25/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player

    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 26.83% 36.15% 2.12% 3.41% 3.08% 2.83%
    +/- Category 0.42% 2.68% -2.16% -1.45% -3.21% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 20.04% 24.17% 0.54% 2.50% 2.63% 2.47%
    Quarter (as of 09/30/2009) 18.99% 8.72% 0.69% 2.61% 2.42% 2.41%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/25/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/25/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 07/28/1997
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 19.76%
    Mortgage 1.73%
    Credit 53.86%
    Foreign 20.19%
    Cash 4.05%
    Bond Quality
    AAA 34.90%
    AA 1.10%
    A 1.50%
    BBB 13.30%
    BB 26.50%
    B 21.70%
    Below B 0.00%
    Not Rated 1.00%

    Asset Allocation

    Short Long Net Assets
    Cash — 4.05% 4.05%
    Stocks — 0.24% 0.24%
    Bonds — 95.54% 95.54%
    Other — 0.13% 0.13%
    Foreign Stocks
    (as a % of assets)    		 — 0.00% 0.00%
    Data as of 06/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    * United States Treas Nts 09/15/2012 7 M 6.99 M 5.71%
    * GENL ELEC CAP CORP FDIC TLGP 12/28/2012 5.4 M 5.54 M 4.52%
    = US Treasury Bond 4.25% 05/15/2039 2.58 M 2.67 M 2.18%
    = U S Treas Bd Stripped Prin Pmt 11/15/2021 3.82 M 2.35 M 1.92%
    = United States Treas Bills 11/12/2009 2.26 M 2.26 M 1.85%
    = US Treasury Bond 6.5% 11/15/2026 1.7 M 2.22 M 1.82%
    * United States Treas Nts 2.375% 09/30/2014 2 M 2.01 M 1.64%
    = U S Treas Sec Stripped Int Pmt 05/15/2021 2.9 M 1.83 M 1.50%
    * Msilf Money Market Port 09/30/2009 1.76 M 1.76 M 1.44%
    * Russian Federation 7.5% 03/31/2030 1.53 M 1.68 M 1.37%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 09/30/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial 4.25%
    Deferred —
    Taken from prospectus dated 02/27/2009
    Expense Ratio (based on net assets) 1.10%
    Taken from annual report dated 10/31/2008

  • Fund Management