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MainStay MacKay US Infrastructure Bd A MGVAX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 7.49  /  +0.17 %
  • Total Assets 1.2 Bil
  • 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 4.23%
  • Effective Duration 5.75 years

USD | NAV as of Jul 12, 2024 | 1-Day Return as of Jul 12, 2024, 10:32 PM GMT+0

Morningstar’s Analysis MGVAX

Will MGVAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Strength in MainStay MacKay US Infrastructure Bd A'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

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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Portfolio Holdings MGVAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Emory University 2.143%

1.83 20.9 Mil
Corporate

NATIONAL FIN AUTH N H UTIL REV 6.89%

1.76 20.0 Mil
municipal

TEXAS NAT GAS SECURITIZATION FIN CORP REV 5.102%

1.60 18.2 Mil
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL PROJ REV 7.2%

1.07 12.2 Mil
municipal

MISSOURI ST HWYS & TRANS COMMN ST RD REV 5.445%

1.05 12.0 Mil
municipal

NATIONAL FIN AUTH N H INDL DEV REV 0%

1.05 12.0 Mil
municipal

Other Assets & Liabilities

1.05 11.9 Mil

METROPOLITAN TRANSN AUTH N Y REV 6.548%

1.02 11.6 Mil
municipal

JOBSOHIO BEVERAGE SYS OHIO STATEWIDE LIQUOR PROFITS REV 4.532%

1.02 11.6 Mil
municipal

Virginia Power Fuel Securitization LLC 4.877%

1.00 11.4 Mil
Corporate