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Morningstar

MainStay Growth Allocation B MGDBX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 13.53  /  0.67 %
  • Total Assets 794.5 Mil
  • Adj. Expense Ratio
    1.300%
  • Expense Ratio 1.850%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Allocation—70% to 85% Equity
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Status Closed
  • TTM Yield 0.00
  • Turnover 25%

USD | NAV as of Jan 26, 2023 | 1-Day Return as of Jan 26, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis MGDBX

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

People Pillar

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

Summary

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MainStay Growth Allocation B's Average Process Pillar and People Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. 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.

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