Morgan Stanley Institutional Corporate Bond Portfolio;I (MPFDX)
Morgan Stanley Institutional Corporate Bond Portfolio;I operates in the Asset Management - Income industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $10.37, up 0.10% on the session, giving a market capitalisation of $157.4M. Its beta of 1.14 implies it has historically moved more than the broad market.
This investment vehicle's objective is to achieve a total return that exceeds the market average over an economic cycle lasting between three and five years. A significant portion of its assets, at least 80%, is allocated to corporate debt securities. The fund primarily invests in corporate bonds issued by U.S. entities that hold an investment-grade credit rating. This typically means a rating of Baa3 or higher from Moody's Investors Service, Inc., BBB- or higher from S&P Global Ratings Group, or BBB- or higher from Fitch Ratings, Inc. Additionally, the fund may include unrated bonds if its adviser considers them to be of equivalent quality.
Morgan Stanley Institutional Corporate Bond Portfolio;I is most often compared with the following Financial Services names: