MSIF US Dollar Sh Dur High Yld Bd Fd A USD Acc

The Fund aims to provide an attractive rate of total return. At least 70% of the Fund's investments will be in fixed income securities. To invest in lower quality USD denominated high yield and unrated bonds issued by governments, agencies and corporations. These bonds usually offer a higher yield than high quality bonds. Lower quality bonds are defined as being rated lower than BBB- by S&P or Baa3 by Moody's.