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Morningstar

MainStay MacKay US Infrastructure Bd I MGOIX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 7.43  /  0.63 %
  • Total Assets 983.7 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 4.35%
  • Effective Duration 5.94 years

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:15 PM GMT+0

Morningstar’s Analysis MGOIX

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

People Pillar

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

Strength in MainStay MacKay US Infrastructure Bd I's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MGOIX

More MGOIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 311
  • Other Holdings 2
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Johns Hopkins University 4.705%

1.31
11,905,854
Corporate

WASHINGTON ST 5.09%

1.28
11,632,019
municipal

ILLINOIS ST 5.52%

1.23
11,162,445
municipal

LOS ANGELES CALIF CMNTY COLLEGE DIST 7.53%

1.21
10,970,414
municipal

HAWAII ST 5.53%

1.12
10,184,939
municipal

COLORADO HSG & FIN AUTH 5.75%

1.05
9,530,938
municipal

Emory University 2.143%

1.01
9,127,604
Corporate

SEATTLE WASH MUN LT & PWR REV 5.47%

1.00
9,081,523
municipal

TEXAS NAT GAS SECURITIZATION FIN CORP REV 5.102%

0.97
8,834,181
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 0%

0.97
8,750,000
municipal