TIFUX
International Fixed Income Fund
MORGAN STANLEY PATHWAY FUNDS

Portfolio concentration

As of February 28, 2026 · N-PORT
Holdings
433
Top-10 weight
42.24%
Effective holdings ?
37
Crowding ?
230.3

Holdings

As of February 28, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 FNCL 5 4/26 30,960,000 $31.07M 15.91%
2 FUTURE CONTRACT ON EURO-BTP FUTURE MAR26 /EUR/ 0.00000000 IKH6 XEUR 175 $25.40M 13.01%
3 US ULTRA BOND CBT Sep25 1 $17.48M 8.95%
4 FUTURE CONTRACT ON US 10YR ULTRA FUT JUN26 0.00000000 127 $14.83M 7.59%
5 FUTURE CONTRACT ON LONG GILT FUTURE JUN26 /GBP/ 0.00000000 97 $12.25M 6.27%
6 FNCL 6.5 4/26 10,100,000 $10.50M 5.37%
7 FUTURE CONTRACT ON CAN 10YR BOND FUT JUN26 /CAD/ 0.00000000 82 $7.38M 3.78%
8 FRANCE (GOVT OF) /EUR/ REGD SER OAT 2.75000000 6,000,000 $7.19M 3.68%
9 FUTURE CONTRACT ON EURO-SCHATZ FUT MAR26 /EUR/ 0.00000000 DUH6 XEUR 53 $6.70M 3.43%
10 SPGB 3.45 10/31/34 SPAIN 5,180,000 $6.37M 3.26%
11 UNITED KINGDOM GILT /GBP/ REGD REG S 4.37500000 UKIN 4,200,000 $5.81M 2.97%
12 Government National Mortgage Association 5,561,687 $5.23M 2.68%
13 Uniform Mortgage-Backed Securities FHLMC 4,949,752 $5.11M 2.62%
14 FUTURE CONTRACT ON US 5YR NOTE (CBT) JUN26 0.00000000 46 $5.07M 2.59%
15 FUTURE CONTRACT ON AUST 3YR BOND FUT MAR26 /AUD/ 0.00000000 YMH6 XSFE 54 $4.03M 2.07%
16 LETRA TESOURO NACIONAL /BRL/ REGD ZCP SER LTN 0.00000000 BLTN 20,000,000 $3.85M 1.97%
17 US TREASURY N/B 3,900,000 $3.81M 1.95%
18 US ULTRA BOND CBT Sep25 1 $3.74M 1.92%
19 Uniform Mortgage-Backed Security, TBA 3,637,000 $3.60M 1.84%
20 FUTURE CONTRACT ON EURO-OAT FUTURE MAR26 /EUR/ 0.00000000 OATH6XEUR 24 $3.51M 1.80%
21 CHINA DEVELOPMENT BANK /CNY/ REGD SER 2405 2.63000000 22,220,000 $3.40M 1.74%
22 MGS 3.519 04/20/28 0223 MALAYS 12,523,000 $3.25M 1.66%
23 SPGB 3.15 04/30/35 SPAIN 2,560,000 $3.07M 1.57%
24 FN MA5217 2,726,930 $2.83M 1.45%
25 BONOS Y OBLIG DEL ESTADO /EUR/ REGD 2.40000000 2,200,000 $2.62M 1.34%
26 SAGB 8.875 02/28/35 2035 SOAF 38,400,000 $2.55M 1.31%
27 FR SD8369 FHLMC 2,189,012 $2.28M 1.17%
28 G2 MA8098 2,476,301 $2.27M 1.16%
29 PROJECT CASHMERE CLASS A1 144A /AUD/ REGD 4.54260000 2,800,000 $1.99M 1.02%
30 FUTURE CONTRACT ON US 10YR NOTE (CBT)JUN26 0.00000000 17 $1.93M 0.99%
31 RPLDCI 6.581 05/30/49 144A RPLDCI 1,800,000 $1.91M 0.98%
32 US TREASURY N/B 1,900,000 $1.90M 0.97%
33 G2SF 6.5 4/25 1,800,000 $1.87M 0.96%
34 CHINA GOVERNMENT BOND /CNY/ REGD SER INBK 2.19000000 12,700,000 $1.79M 0.92%
35 US ULTRA BOND CBT Sep25 1 $1.79M 0.92%
36 CASH COLLATERAL BCY USD /CCBCYXUS0/ 3.78000000 1,744,000 $1.74M 0.89%
37 FNMA POOL MA5109 FN 08/53 FIXED 6.5 1,653,858 $1.72M 0.88%
38 CANADIAN GOVERNMENT /CAD/ REGD 3.00000000 CANADA 2,100,000 $1.54M 0.79%
39 U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 TII 1,523,032 $1.50M 0.77%
40 FUTURE CONTRACT ON EURO-BUXL 30Y BND MAR26 /EUR/ 0.00000000 UBH6 XEUR 11 $1.48M 0.76%
41 UK TSY 3 1/4% 2044 /GBP/ REGD 3.25000000 1,350,000 $1.47M 0.75%
42 CASH COLLATERAL LCH BCY USD REGD 0.50000000 1,329,000 $1.33M 0.68%
43 U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 TII 1,313,740 $1.31M 0.67%
44 EUROPEAN UNION /EUR/ REGD REG S EMTN SER UFA 3.75000000 EU 1,000,000 $1.20M 0.61%
45 JAPAN (30 YEAR ISSUE) /JPY/ REGD SER 48 1.40000000 240,000,000 $1.19M 0.61%
46 CHINA DEVELOPMENT BANK /CNY/ REGD SER 2310 2.82000000 7,600,000 $1.18M 0.60%
47 JAPAN (20 YEAR ISSUE) /JPY/ REGD SER 155 1.00000000 200,000,000 $1.15M 0.59%
48 JAPAN (30 YEAR ISSUE) /JPY/ REGD SER 44 1.70000000 210,000,000 $1.12M 0.57%
49 PERUGB 6.85 08/12/35 PERU 3,400,000 $1.09M 0.56%
50 JAPAN GOVT CPI LINKED /JPY/ REGD SER 23 0.10000000 167,409,480 $1.07M 0.55%
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