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Morningstar

MainStay Balanced A MBNAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 28.01  /  0.28 %
  • Total Assets 449.3 Mil
  • Adj. Expense Ratio
    1.070%
  • Expense Ratio 1.070%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.19%
  • 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 MBNAX

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

People Pillar

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

MainStay Balanced A's Average People Pillar and Process 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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MBNAX

More MBNAX Holdings
  • Current Portfolio Date
  • Equity Holdings 65
  • Bond Holdings 170
  • Other Holdings 6
  • % Assets in Top 10 Holdings 30.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.75%

5.67
26,403,642
Government

United States Treasury Notes 4.375%

3.97
18,490,832
Government

United States Treasury Notes 4%

3.69
17,173,612
Government

United States Treasury Notes 4.125%

3.60
16,771,152
Government

iShares Intermediate Govt/Crdt Bd ETF

3.13
14,578,312
—

iShares Russell 1000 Value ETF

3.00
13,990,558
—

Vanguard Intmdt-Term Trs ETF

2.26
10,537,603
—

JPMorgan Chase & Co

2.03
9,455,259
Financial Services

United States Treasury Notes 2.5%

1.98
9,232,818
Government

Cisco Systems Inc

1.70
7,899,733
Technology