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.
MainStay MacKay US Infrastructure Bd A MGVAX
- NAV / 1-Day Return 7.30 / +0.01 %
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
- 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 4.15%
- Effective Duration 5.75 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:37 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
MARICOPA CNTY ARIZ INDL DEV AUTH REV 0% | 1.89 | 20.0 Mil | municipal |
TEXAS NAT GAS SECURITIZATION FIN CORP REV 5.102% | 1.54 | 16.4 Mil | municipal |
Johns Hopkins University 4.705% | 1.29 | 13.7 Mil | Corporate |
MISSOURI ST HWYS & TRANS COMMN ST RD REV 5.445% | 1.18 | 12.5 Mil | municipal |
WASHINGTON ST 5.09% | 1.15 | 12.2 Mil | municipal |
MainStay US Government Liquidity I | 1.11 | 11.8 Mil | Cash and Equivalents |
DISTRICT COLUMBIA INCOME TAX REV 5.203% | 1.07 | 11.3 Mil | municipal |
DISTRICT COLUMBIA INCOME TAX REV 5.153% | 0.99 | 10.5 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5.75% | 0.95 | 10.1 Mil | municipal |
NEW CASTLE CNTY DEL 1.67% | 0.95 | 10.0 Mil | municipal |