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Morningstar

MainStay Defensive ETF Allocation I MDNIX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 9.23  /  0.11 %
  • Total Assets 10.8 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Conservative Allocation
  • Investment Style Mid Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.42%
  • Turnover 64%

USD | NAV as of Dec 07, 2023 | 1-Day Return as of Dec 07, 2023, 11:22 PM GMT+0

Morningstar’s Analysis MDNIX

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

People Pillar

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

MainStay Defensive ETF Allocation I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MDNIX

More MDNIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 23
  • % Assets in Top 10 Holdings 85.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Schwab US Aggregate Bond ETF™

21.03
2,222,896
—

iShares Core US Aggregate Bond ETF

21.01
2,221,071
—

iShares Broad USD Invm Grd Corp Bd ETF

10.53
1,113,296
—

Invesco Senior Loan ETF

8.06
851,718
—

iShares 0-5 Year High Yield Corp Bd ETF

6.55
692,496
—

iShares 20+ Year Treasury Bond ETF

5.36
566,338
—

Invesco S&P 500® Equal Weight ETF

3.91
413,738
—

iShares Broad USD High Yield Corp Bd ETF

3.51
370,825
—

iShares MSCI Japan ETF

2.94
311,250
—

iShares Core S&P Small-Cap ETF

2.39
252,536
—