Morningstar Total Return Bond Fund Inst (MSTRX)
8.98
-0.01
(-0.11%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 958.59M | -- | 361.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 26.85M | 4.58% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return while also generating income and preserving capital. The Fund will normally invest at least 80% of its assets in debt securities (commonly referred to as bonds) of varying maturity, duration, and quality. The Fund invests primarily in investment-grade fixed-income securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond Funds |
| Fund Owner Firm Name | Morningstar Investment Management |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
86
-1.133B
Peer Group Low
425.49M
Peer Group High
1 Year
% Rank:
27
26.85M
-1.423B
Peer Group Low
10.92B
Peer Group High
3 Months
% Rank:
77
-1.604B
Peer Group Low
238.71M
Peer Group High
3 Years
% Rank:
29
-9.576B
Peer Group Low
19.76B
Peer Group High
6 Months
% Rank:
34
-241.16M
Peer Group Low
6.448B
Peer Group High
5 Years
% Rank:
31
-5.109B
Peer Group Low
53.46B
Peer Group High
YTD
% Rank:
40
-612.38M
Peer Group Low
10.72B
Peer Group High
10 Years
% Rank:
17
-17.59B
Peer Group Low
77.83B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 08, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -12.00% |
| Stock | 0.00% |
| Bond | 98.74% |
| Convertible | 0.00% |
| Preferred | 0.01% |
| Other | 13.25% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| iShares US Treasury Bond ETF | 25.72% | 23.03 | -0.17% |
| BATS: Securitized Total Return Series | 5.90% | 9.58 | -0.10% |
| Northern Treasury Portfolio Premier | 2.49% | 1.00 | 0.00% |
|
5YR T NOTE DEC25
|
2.37% | -- | -- |
|
Federal National Mortgage Association 5.5% 01-OCT-2055
|
2.31% | -- | -- |
| United States of America USGB 4.375 11/15/2039 FIX USD Government | 1.94% | 98.90 | -0.38% |
| Vanguard Total International Bond Index Fund ETF | 1.93% | 49.20 | -0.24% |
| FNMA-New 03/10/2040 FIX USD Agency | 1.84% | -- | -- |
|
Federal National Mortgage Association 01-JUN-2055 MA5735
|
1.82% | -- | -- |
|
Federal National Mortgage Association 4.5% 01-OCT-2040
|
1.72% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.28% |
| Administration Fee | 767.7K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return while also generating income and preserving capital. The Fund will normally invest at least 80% of its assets in debt securities (commonly referred to as bonds) of varying maturity, duration, and quality. The Fund invests primarily in investment-grade fixed-income securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond Funds |
| Fund Owner Firm Name | Morningstar Investment Management |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 3.77% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1603 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.52% |
| Effective Duration | 6.03 |
| Average Coupon | 4.28% |
| Calculated Average Quality | 2.307 |
| Effective Maturity | 15.40 |
| Nominal Maturity | 15.49 |
| Number of Bond Holdings | 1531 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 11/2/2018 |
| Last Annual Report Date | 4/30/2025 |
| Last Prospectus Date | 8/31/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MSTRX", "name") |
| Broad Asset Class: =YCI("M:MSTRX", "broad_asset_class") |
| Broad Category: =YCI("M:MSTRX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MSTRX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |