MSTMX Performance — Morningstar Multisector Bond Fund, Institutional Class
Data updated: 2026-09-28
MSTMX returned +1.90% year to date and +7.12% over one year to Jul 2026. Annualised returns are +7.59% over 3 years and +2.42% over 5 years. The fund beat its Global Intermediate Corporate Bond category average: $100 invested three years ago grew to $125, against $123 for the category, and to $107 over one year, against $105. Volatility over the past three years was 6.00% a year. In the 12 months to Jul 2026 the fund lost a net $336K, and assets reached $185.80M.
MSTMX Growth of $100
What $100 invested in Morningstar Multisector Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Corporate Bond category average over the same months.
| Period | MSTMX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $125 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $113 | $112 |
| Since data start (Feb 2020 – Jul 2026) | $119 | $122 |
MSTMX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.90% |
| 1 year | +7.12% |
| 3 years (annualised) | +7.59% |
| 5 years (annualised) | +2.42% |
MSTMX Annual Returns
Calendar-year total returns of Morningstar Multisector Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.90% |
| 2025 | +12.15% |
| 2024 | +4.59% |
| 2023 | +10.77% |
| 2022 | −13.10% |
| 2021 | −2.88% |
| 2020 (Feb–Dec) | +6.20% |
MSTMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.2% | +0.8% | −2.9% | +2.3% | +0.8% | +0.4% | −0.5% | — | — | — | — | — |
| 2025 | +1.6% | +1.1% | −0.5% | +0.5% | +1.3% | +2.3% | +0.3% | +1.7% | +1.4% | +0.8% | +0.6% | +0.6% |
| 2024 | −0.6% | −0.1% | +1.2% | −1.8% | +1.7% | +0.1% | +2.1% | +2.1% | +2.4% | −2.1% | +1.1% | −1.3% |
| 2023 | +4.1% | −2.6% | +1.9% | +0.7% | −1.4% | +2.0% | +1.7% | −1.2% | −2.4% | −1.5% | +5.2% | +4.3% |
| 2022 | −1.7% | −2.3% | −0.8% | −5.3% | +0.7% | −5.6% | +3.4% | −1.8% | −5.4% | +0.4% | +5.1% | 0.0% |
| 2021 | −0.9% | −1.3% | −1.1% | +1.7% | +0.9% | +0.1% | −0.2% | +0.7% | −1.8% | −0.5% | −1.9% | +1.5% |
| 2020 | — | −1.7% | −10.0% | +2.9% | +4.8% | +1.2% | +3.8% | +0.4% | −1.4% | +0.3% | +4.4% | +2.2% |
MSTMX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.00%
- 3-year Sharpe ratio: 0.52 (vs 4.5% risk-free rate)
- Best month: +5.19% (Nov 2023)
- Worst month: −2.93% (Mar 2026)
MSTMX Fund Flows
Monthly money in and out of Morningstar Multisector Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$336K
- 12-month gross sales (incl. reinvestments): $48.0M
- Sales ÷ redemptions: 0.99×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $5.4M | $3.9M | $1.5M |
| Jun 2026 | $3.8M | $3.8M | −$38K |
| May 2026 | $3.8M | $3.8M | $5K |
| Apr 2026 | $7.9M | $4.6M | $3.2M |
| Mar 2026 | $3.2M | $3.7M | −$507K |
| Feb 2026 | $2.6M | $2.4M | $181K |
| Jan 2026 | $2.8M | $3.3M | −$484K |
| Dec 2025 | $5.8M | $3.4M | $2.4M |
| Nov 2025 | $3.0M | $3.4M | −$463K |
| Oct 2025 | $3.4M | $3.4M | $5K |
| Sep 2025 | $3.6M | $9.3M | −$5.7M |
| Aug 2025 | $2.9M | $3.4M | −$498K |
MSTMX Assets Under Management
Net assets of Morningstar Multisector Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $185.80M |
| 2026-04-30 | $187.45M |
| 2026-01-30 | $187.42M |
| 2025-10-31 | $184.31M |
| 2025-07-31 | $186.27M |
| 2025-04-30 | $174.81M |
| 2025-01-31 | $177.55M |
| 2024-10-31 | $179.44M |
| 2024-07-31 | $176.37M |
| 2024-04-30 | $172.63M |
| 2024-01-31 | $176.78M |
| 2023-10-31 | $166.08M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.