Morningstar Defensive is trading at 9.71 as of the 21st of November 2024; that is 0.10 percent increase since the beginning of the trading day. The fund's open price was 9.7. Morningstar Defensive has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Morningstar Defensive Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its assets in a diversified portfolio of debt securities of varying maturity, duration, and quality. Under normal conditions, the advisor intends to pursue a defensive strategy of limiting its interest-rate sensitivity by maintaining a portfolio duration of three years or less. More on Morningstar Defensive Bond
Morningstar Defensive Bond [MSTBX] is traded in USA and was established 21st of November 2024. Morningstar Defensive is listed under Morningstar category by Fama And French industry classification. The fund is listed under Short-Term Bond category and is part of Morningstar family. The entity is thematically classified as Corporate Bonds Funds. This fund now has accumulated 177.66 M in assets with no minimum investment requirementsMorningstar Defensive is currently producing year-to-date (YTD) return of 4.17% with the current yeild of 0.0%, while the total return for the last 3 years was 2.11%.
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Morningstar Defensive financial ratios help investors to determine whether Morningstar Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Morningstar with respect to the benefits of owning Morningstar Defensive security.