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Morningstar

MainStay WMC Value Investor class MSMIX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 28.50  /  +0.32 %
  • Total Assets 960.3 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.300%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.12%
  • Turnover 29%

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

Morningstar’s Analysis MSMIX

Will MSMIX 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 MSMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MSMIX 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 MSMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit MainStay WMC Value Investor class 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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSMIX

More MSMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.09 41.1 Mil
Financial Services

Merck & Co Inc

2.98 30.0 Mil
Healthcare

Johnson & Johnson

2.90 29.2 Mil
Healthcare

Cisco Systems Inc

2.47 24.8 Mil
Technology

Elevance Health Inc

2.10 21.1 Mil
Healthcare

Pfizer Inc

2.07 20.9 Mil
Healthcare

Phillips 66

1.97 19.8 Mil
Energy

American International Group Inc

1.94 19.5 Mil
Financial Services

M&T Bank Corp

1.91 19.2 Mil
Financial Services

UnitedHealth Group Inc

1.89 19.0 Mil
Healthcare