Morningstar Defensive Bond Fund Fundamentals
| MSTBX Fund | USD 9.71 0.02 0.21% |
Morningstar Defensive Bond fundamentals help investors to digest information that contributes to Morningstar Defensive's financial success or failures. It also enables traders to predict the movement of Morningstar Mutual Fund. The fundamental analysis module provides a way to measure Morningstar Defensive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Morningstar Defensive mutual fund.
Morningstar |
Morningstar Defensive Bond Mutual Fund Year To Date Return Analysis
Morningstar Defensive's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Morningstar Defensive Year To Date Return | 0.31 % |
Most of Morningstar Defensive's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Morningstar Defensive Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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Based on the company's disclosures, Morningstar Defensive Bond has a Year To Date Return of 0.3109%. This is much higher than that of the Morningstar family and significantly higher than that of the Short-Term Bond category. The year to date return for all United States funds is notably lower than that of the firm.
Morningstar Defensive Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Morningstar Defensive's current stock value. Our valuation model uses many indicators to compare Morningstar Defensive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morningstar Defensive competition to find correlations between indicators driving Morningstar Defensive's intrinsic value. More Info.Morningstar Defensive Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 107.21 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Morningstar Defensive's earnings, one of the primary drivers of an investment's value.Morningstar Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Morningstar Defensive's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Morningstar Defensive could also be used in its relative valuation, which is a method of valuing Morningstar Defensive by comparing valuation metrics of similar companies.Morningstar Defensive is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Morningstar Defensive
The fund consists of 85.62% investments in fixed income securities, with the rest of funds allocated in stocks, cash and various exotic instruments.Asset allocation divides Morningstar Defensive's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Morningstar Fundamentals
| Total Asset | 205.67 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 0.31 % | ||||
| One Year Return | 4.95 % | ||||
| Three Year Return | 2.46 % | ||||
| Five Year Return | 2.42 % | ||||
| Net Asset | 177.66 M | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 13.08 % | ||||
| Equity Positions Weight | 0.31 % | ||||
| Bond Positions Weight | 85.62 % |
About Morningstar Defensive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Morningstar Defensive Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Morningstar Defensive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Morningstar Defensive Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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. In most market environments, the fund will not invest more than 20 percent of assets in fixed-income securities that are rated below investment grade , or if unrated, are determined by the funds subadviser to be of comparable quality.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Morningstar Mutual Fund
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.
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