We are maintaining MainStay Income Builder's Morningstar Analyst Rating of Neutral, despite a recent downgrade to a strategy run by this fund's bond managers.
Will MCTRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MCTRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MCTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MCTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.