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Morningstar

MainStay Candriam Emerging Mkts Dbt B MGHBX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 6.90  /  1.00 %
  • Total Assets 56.8 Mil
  • Adj. Expense Ratio
    2.310%
  • Expense Ratio 2.310%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low / Extensive
  • Min. Initial Investment 1,000
  • Status Closed
  • TTM Yield 4.51%
  • Effective Duration 6.77 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 10:41 PM GMT+0

Morningstar’s Analysis MGHBX

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

People Pillar

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

MainStay Candriam Emerging Mkts Dbt B earns a Morningstar Medalist Rating of Negative with strength in areas such as People offset by weaker spots such as Process.

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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MGHBX

More MGHBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 114
  • Other Holdings 12
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

15.09
9,025,633
Cash and Equivalents

Us Dollar

6.09
3,642,332
Cash and Equivalents

Romania (Republic Of) 6.625%

2.65
1,582,609
Government

Turkey (Republic of) 5.75%

2.14
1,276,956
Government

JSC National Company KazMunayGas 6.375%

2.09
1,251,060
Corporate

Ivory Coast (Republic Of) 4.875%

2.09
1,249,757
Government

Dominican Republic 6.875%

2.02
1,206,604
Government

Us Dollar

1.89
1,128,430
Cash and Equivalents

Romania (Republic Of) 3.75%

1.76
1,054,836
Government

Colombia (Republic of) 8%

1.71
1,020,400
Government