MLDAX — Short Duration Income Portfolio
Data updated: 2024-05-29
MLDAX — Short Duration Income Portfolio. Intermediate Corporate Bond · $237.96M AUM · 0.55% expense ratio. Holdings, fees, performance and SEC filings.
MLDAX Fund Overview
MLDAX — Short Duration Income Portfolio is a US mutual fund managed by Morgan Stanley Institutional Fund Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Morgan Stanley Institutional Fund Trust
- Category: Intermediate Corporate Bond
- Assets under management: $237.96M
- 1-year return: 5.2%
- Ticker: MLDAX
- SEC CIK: 0000741375
- SEC series ID: S000004119
- Share class ID: C000052876
MLDAX Investment Objective and Strategy
Short Duration Income Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Morgan Stanley Institutional Fund Trust.
Investment objective
"The Short Duration Income Portfolio (the ""Fund"") seeks above-average total return over a market cycle of three to five years."
Principal investment strategy
"The following is hereby added as the third paragraph of the section of the Prospectus entitled ""Fund SummaryShort Duration Income PortfolioPrincipal Investment Strategies"": The Fund's investment process incorporates information about environmental, social and governance issues (also referred to as ESG) via an integrated approach within the investment team's fundamental investment analysis framework. The Fund's Adviser may engage with management of certain issuers regarding corporate governance practices as well as what the Fund's Adviser deems to be materially important environmental and/or social issues facing a company. Please retain this supplement for future reference."
MLDAX Holdings
Top 10 holdings of Short Duration Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Morgan Stanley & Co. LLC | 1.97% |
| Credit Suisse New York | 1.44% |
| Ntt Finance Corp. | 1.37% |
| Energy Transfer LP | 1.21% |
| Credit Agricole SA | 1.16% |
| Georgia-Pacific LLC | 1.16% |
| Ga Global Funding Trust | 1.13% |
| General Motors Finl Co. | 1.11% |
| Ford Motor Credit Co. LLC | 1.08% |
| Aercap Ireland Cap/globa | 1.08% |
MLDAX Portfolio Allocation
Asset-class allocation of Short Duration Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 66.1% |
| Securitized | 29.9% |
| Cash & Equivalents | 3.4% |
MLDAX Performance
Total returns for MLDAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.2% |
| 3 years (annualised) | 0.7% |
MLDAX Risk Information
Risk metrics for MLDAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.0%
MLDAX Costs and Fees
MLDAX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.71%
- Portfolio turnover: 26%
- Brokerage commissions: 0.42 bps of average net assets (SEC N-CEN)
MLDAX Cashflows
Over the 12 months to 2024-03, Short Duration Income Portfolio had net outflows of $174.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$110.67M |
| 2024-02 | −$3.37M |
| 2024-01 | −$6.82M |
| 2023-12 | −$13.48M |
| 2023-11 | −$3.32M |
| 2023-10 | −$3.03M |
MLDAX Debt Constituents
Largest debt holdings of Short Duration Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Credit Suisse New York | 1.44% |
| Ntt Finance Corp. | 1.37% |
| Energy Transfer LP | 1.21% |
| Credit Agricole SA | 1.16% |
| Georgia-Pacific LLC | 1.16% |
| Ga Global Funding Trust | 1.13% |
| General Motors Finl Co. | 1.11% |
| Ford Motor Credit Co. LLC | 1.08% |
| Aercap Ireland Cap/globa | 1.08% |
| Nbn Co. Ltd. | 1.08% |
MLDAX Prospectus and SEC Filings
Official Short Duration Income Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-01-27
- Prospectus supplement (497) — filed 2024-02-02
- Prospectus supplement (497) — filed 2022-03-16
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Annual census (N-CEN) — filed 2023-12-06
- Annual census (N-CEN) — filed 2022-12-14
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.