TSDUX – Morgan Stanley Pathway Ultra-S/T F/I Investment Strategy | Morningstar

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Strategy

The investment seeks total return, consistent with preservation of capital. The fund will invest, under normal market conditions, at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in fixed income instruments with maturities of less than or equal to two years. Under normal market conditions, it invests primarily in investment-grade securities and will seek to maintain an average portfolio duration of two years or less.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TSDUX	Morgan Stanley Pathway Funds Ultra-Short Term Fixed Income Fund	No Load	Open			Mar 8, 2016	$253.03M	0.520%	Above Average	—	−$169.01M

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