USGDX — Morgan Stanley US Government Securities Trust
Data updated: 2026-08-21
USGDX — Morgan Stanley US Government Securities Trust. Long Securitized (MBS/ABS/CMBS) Bond · $207.27M AUM. Holdings, fees, performance and SEC filings.
USGDX Fund Overview
USGDX — Morgan Stanley US Government Securities Trust is a US mutual fund managed by Morgan Stanley Long Duration Government Opportunities Fund, categorised as Long Securitized (MBS/ABS/CMBS) 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 Long Duration Government Opportunities Fund
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $207.27M
- 1-year return: 5.8%
- Ticker: USGDX
- SEC CIK: 0000730044
- SEC series ID: S000002426
- Share class ID: C000006470
USGDX Holdings
Top 10 holdings of Morgan Stanley US Government Securities Trust by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 11.62% |
| Government National Mortgage Association | 5.78% |
| Government National Mortgage Association | 4.89% |
| Umbs, Tba | 4.63% |
| Umbs, Tba | 4.41% |
| Government National Mortgage Association | 4.09% |
| Government National Mortgage Association | 3.77% |
| Tenn Valley Authority | 3.48% |
| Freddie Mac | 3.27% |
| Freddie Mac | 3.04% |
USGDX Portfolio Allocation
Asset-class allocation of Morgan Stanley US Government Securities Trust by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 123.0% |
| Fixed Income | 3.5% |
| Real Estate | 0.6% |
USGDX Performance
Total returns for USGDX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.4% |
| 1 year | 5.8% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | -0.3% |
USGDX Risk Information
Risk metrics for USGDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.2%
USGDX Costs and Fees
USGDX costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.93%
- Portfolio turnover: 349%
- Brokerage commissions: 1.22 bps of average net assets (SEC N-CEN)
USGDX Cashflows
Over the 12 months to 2026-06, Morgan Stanley US Government Securities Trust had net outflows of $4.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$12.55M |
| 2026-05 | −$5.10M |
| 2026-04 | −$501.22K |
| 2026-03 | $601.59K |
| 2026-02 | $335.90K |
| 2026-01 | $4.84M |
USGDX Debt Constituents
Largest debt holdings of Morgan Stanley US Government Securities Trust by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Tenn Valley Authority | 3.48% |
USGDX Prospectus and SEC Filings
Official Morgan Stanley US Government Securities Trust filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus supplement (497) — filed 2024-05-03
- Portfolio holdings (N-PORT) — filed 2026-08-21
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-07
Related Funds
Other Long Securitized (MBS/ABS/CMBS) 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.