TD Epoch recently announced that William Priest will be stepping back from his role as portfolio manager on Epoch funds starting March 31, 2024, including MainStay Income Builder, to focus on the firm’s high-net-worth clients. Priest began comanaging the equity sleeve of this fund in 2009, but lead manager Kera Van Valen has helmed the sleeve since 2014 and will remain in place next to her two comanagers, Michael Welhoelter and John Tobin. The impending change does not affect the fund’s Average People rating and Morningstar Medalist Ratings.
MainStay Income Builder Inv MTINX
- NAV / 1-Day Return 19.24 / +0.26 %
- Total Assets 1.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.280%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Global Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.68%
- Turnover 56%
USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:10 PM GMT+0
Morningstar’s Analysis MTINX
Will MTINX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Yen | 4.56 | 47.3 Mil | Cash and Equivalents |
Yen | 4.50 | 46.6 Mil | Cash and Equivalents |
Us Dollar | 4.49 | 46.6 Mil | Cash and Equivalents |
Yen | 2.31 | 23.9 Mil | Cash and Equivalents |
MainStay US Government Liquidity I | 1.76 | 18.2 Mil | Cash and Equivalents |
Us Dollar | 1.48 | 15.4 Mil | Cash and Equivalents |
Australian Dollar | 1.48 | 15.3 Mil | Cash and Equivalents |
Australian Dollar | 1.47 | 15.3 Mil | Cash and Equivalents |
Microsoft Corp | 1.43 | 14.9 Mil | Technology |
Broadcom Inc | 1.39 | 14.4 Mil | Technology |