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Morningstar

MainStay Balanced Inv MBINX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 28.02  /  0.27 %
  • Total Assets 453.2 Mil
  • Adj. Expense Ratio
    1.330%
  • Expense Ratio 1.330%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.93%
  • Turnover 290%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:47 PM GMT+0

Morningstar’s Analysis MBINX

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

People Pillar

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

MainStay Balanced Inv's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 MBINX

More MBINX Holdings
  • Current Portfolio Date
  • Equity Holdings 65
  • Bond Holdings 170
  • Other Holdings 6
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

5.54
26,402,730
Government

iShares Intermediate Govt/Crdt Bd ETF

4.31
20,543,539
—

United States Treasury Notes 4.5%

4.08
19,445,441
Government

United States Treasury Notes 3.75%

3.79
18,062,258
Government

United States Treasury Notes 4%

3.61
17,185,588
Government

Vanguard Intmdt-Term Trs ETF

2.22
10,577,395
—

JPMorgan Chase & Co

2.16
10,282,248
Financial Services

United States Treasury Notes 2.5%

1.93
9,213,674
Government

iShares Russell 1000 Value ETF

1.75
8,344,327
—

Cisco Systems Inc

1.52
7,221,331
Technology