MainStay MacKay US Infrastructure Bd A's Average Process and Parent pillars limit this strategy to a Morningstar Medalist 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 second-costliest quintile among peers.
- NAV / 1-Day Return 7.48 / 0.37 %
- Total Assets 712.8 Mil
-
Adj. Expense Ratio
0.850%
- Expense Ratio 0.850%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High / Moderate
- Min. Initial Investment 15,000
- Status Open
- TTM Yield 3.59%
- Effective Duration 5.88 years
Morningstar’s Analysis MGVAX
Will MGVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 232
- Other Holdings 3
- % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
MainStay US Government Liquidity I
2.86
17,457,238
Cash and Equivalents
WASHINGTON ST 5.09%
1.99
12,108,877
municipal
LOS ANGELES CALIF CMNTY COLLEGE DIST 7.53%
1.88
11,441,448
municipal
SEATTLE WASH MUN LT & PWR REV 5.47%
1.54
9,370,786
municipal
ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV 1.727%
1.43
8,744,077
municipal
Johns Hopkins University 4.705%
1.41
8,613,332
Corporate
OREGON ST DEPT ADMINISTRATIVE SVCS LOTTERY REV 1.641%
1.37
8,355,530
municipal
OXNARD CALIF FING AUTH WTR REV 6.819%
1.32
8,075,941
municipal
RHODE ISLAND ST 4.9%
1.24
7,587,162
municipal
FLORIDA DEV FIN CORP HEALTHCARE FACS REV 3.223%
1.19
7,265,611
municipal