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.
MainStay MacKay Total Return Bond Inv MTMNX
- NAV / 1-Day Return 8.90 / −0.22 %
- Total Assets 328.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.150%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.10%
- Effective Duration 6.11 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:29 PM GMT+0
Morningstar’s Analysis MTMNX
Will MTMNX 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
|
---|---|---|---|
MainStay US Government Liquidity I | 1.76 | 6.0 Mil | Cash and Equivalents |
Federal National Mortgage Association 5% | 1.20 | 4.1 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.5% | 1.10 | 3.8 Mil | Securitized |
Government National Mortgage Association 0% | 0.80 | 2.7 Mil | Securitized |
Lloyds Banking Group PLC 4.582% | 0.76 | 2.6 Mil | Corporate |
Petroleos Mexicanos 6.5% | 0.74 | 2.5 Mil | Corporate |
Nissan Motor Acceptance Co LLC 1.85% | 0.71 | 2.4 Mil | Corporate |
CONNECTICUT AVENUE SECURITIES TRUST 0% | 0.69 | 2.4 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 0% | 0.68 | 2.3 Mil | Securitized |
Freddie Mac Stacr Remic Trust 0% | 0.67 | 2.3 Mil | Securitized |