Morgan Stanley Mortgage Securities Trust

Scorecard
3 / 5 Stars
Lipper
4 4 5 1 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
A+ (Buy)

#11 in Intermediate-Term Government

U.S. News evaluated 77 Intermediate Government 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 4.07 percent over the past year, 6.12 percent over the past three years, 6.21 percent over the past five years, and 3.64 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.6%
1 Year 4.1%
3 Years (Annualized) 6.1%
5 Years (Annualized) 6.2%
10 Years (Annualized) 3.6%

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Summary

The investment seeks a high level of current income. The fund normally invests at least 80% of its assets in mortgage-related securities. These mortgage-related securities may include mortgage-backed securities such as mortgage pass-through securities, collateralized mortgage obligations ("CMOs"), stripped mortgage-backed securities ("SMBS"), commercial mortgage-backed securities ("CMBS") and inverse floating rate obligations ("inverse floaters"). It may invest in high yield securities (commonly referred to as "junk bonds"). The fund is not limited as to the maturities or types of mortgage-backed securities in which it may invest.

Fees

Fees are Low compared to funds in the same category.
Morgan Stanley Mortgage Securities Trust has an expense ratio of 0.99 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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