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Morningstar

MainStay Balanced B MBNBX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 29.49  /  +0.31 %
  • Total Assets 448.5 Mil
  • Adj. Expense Ratio
    2.080%
  • Expense Ratio 2.080%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Closed
  • TTM Yield 1.11%
  • Turnover 313%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0

Morningstar’s Analysis MBNBX

Will MBNBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MBNBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MBNBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MBNBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MainStay Balanced B's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MBNBX

More MBNBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

6.24 28.8 Mil
Government

United States Treasury Notes 4.25%

4.45 20.6 Mil
Government

iShares Intermediate Govt/Crdt Bd ETF

3.70 17.1 Mil
—

United States Treasury Notes 4.25%

3.08 14.2 Mil
Government

JPMorgan Chase & Co

2.36 10.9 Mil
Financial Services

United States Treasury Notes 4.25%

2.18 10.1 Mil
Government

Vanguard Russell 1000 Value ETF

2.10 9.7 Mil
—

Merck & Co Inc

1.69 7.8 Mil
Healthcare

Johnson & Johnson

1.68 7.7 Mil
Healthcare

iShares Russell 1000 Value ETF

1.65 7.6 Mil
—