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Morningstar

MainStay Conservative Allocation B MCKBX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 11.23  /  −0.09 %
  • Total Assets 381.9 Mil
  • Adj. Expense Ratio
    1.760%
  • Expense Ratio 1.760%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Moderately Conservative Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Closed
  • TTM Yield 1.96%
  • Turnover 19%

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 9:53 PM GMT+0

Morningstar’s Analysis MCKBX

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

  • People Pillar

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

MainStay Conservative Allocation B's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MCKBX

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

IQ MacKay ESG Core Plus Bond ETF

16.01 62.8 Mil
—

MainStay MacKay Total Return Bond R6

16.01 62.8 Mil
—

MainStay US Government Liquidity I

10.35 40.6 Mil
Cash and Equivalents

MainStay MacKay US Infrastructure Bd R6

5.62 22.1 Mil
—

MainStay Floating Rate R6

5.50 21.6 Mil
—

MainStay MacKay Short Dur Hi Inc I

4.24 16.6 Mil
—

MainStay WMC Growth R6

2.89 11.3 Mil
—

IQ Candriam U.S. Large Cap Equity ETF

2.79 10.9 Mil
—

MainStay PineStone U.S. Equity R6

2.58 10.1 Mil
—

MainStay Winslow Large Cap Growth R6

2.54 10.0 Mil
—