Morgan Stanley Institutional High Yield Portfolio

U.S. News evaluated 166 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 20.26 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 7.4%
1 Year 20.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks total return. The fund invests at least 80% of the Portfolio's assets in high yield securities. The average maturity of the Portfolio's investments varies, and there is no limit on the maturity or on the credit quality of any security held by the Portfolio. Its securities may include distressed and defaulted securities and mezzanine investments. The fund also may invest in investment grade fixed income securities, including U.S. and foreign government securities, corporate bonds and collateralized bond obligations. It may also invest in preferred securities, equity securities and convertible securities.

Fees

Fees are Above Average compared to funds in the same category.
Morgan Stanley Institutional High Yield Portfolio has an expense ratio of 0.74 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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