MainStay MacKay US Infrastructure Bd Inv's Average Process and Parent pillars limit this strategy to a Morningstar Quantitative 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 most expensive quintile among peers.
- NAV / 1-Day Return 7.58 / 0.25 %
- Total Assets 568.7 Mil
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Adj. Expense Ratio
- Expense Ratio 1.170%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.57%
- Effective Duration 5.86 years
Morningstar’s Analysis MGVNX
Will MGVNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.