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.
MainStay MacKay Strategic Bond A MASAX
- NAV / 1-Day Return 8.38 / +0.12 %
- Total Assets 674.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.040%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 15,000
- Status Open
- TTM Yield 4.52%
- Effective Duration 4.97 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:06 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.
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
|
---|---|---|---|
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 |