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MainStay MacKay Strategic Bond A MASAX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 8.36  /  −0.36 %
  • Total Assets 672.6 Mil
  • Adj. Expense Ratio
    1.040%
  • Expense Ratio 1.040%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 4.52%
  • Effective Duration 4.44 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:09 PM GMT+0

Morningstar’s Analysis MASAX

Will MASAX outperform in future?

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

A go-anywhere fund in search of an identity.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Guided by the managers’ best ideas, MainStay MacKay Strategic Bond is still striving to establish its niche among its nontraditional bond peers. Higher personnel turnover, including the recent departure of the fund’s comanager, warrants caution here.

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Portfolio Holdings MASAX

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

United States Treasury Notes 4%

4.60 31.0 Mil
Government

United States Treasury Notes 1.375%

1.57 10.5 Mil
Government

Cash

1.15 7.7 Mil
Cash and Equivalents

United States Treasury Notes 4%

1.00 6.8 Mil
Government

CONNECTICUT AVENUE SECURITIES TRUST 0%

0.68 4.6 Mil
Securitized

Freddie Mac Stacr Remic Trust 0%

0.68 4.6 Mil
Securitized

MainStay US Government Liquidity I

0.67 4.5 Mil
Cash and Equivalents

Freddie Mac Stacr Remic Trust 0%

0.64 4.3 Mil
Securitized

CONNECTICUT AVENUE SECURITIES TRUST 0%

0.60 4.1 Mil
Securitized

Freddie Mac Stacr Remic Trust 0%

0.60 4.0 Mil
Securitized