Skip to Content

MainStay MacKay US Infrastructure Bd Inv MGVNX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 7.21  /  0.16 %
  • Total Assets 906.4 Mil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.80%
  • Effective Duration 5.71 years

Morningstar’s Analysis MGVNX

Will MGVNX outperform in future?

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

Strength in MainStay MacKay US Infrastructure Bd Inv'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 highest quintile among peers.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MGVNX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 315
  • Other Holdings 2
  • % Assets in Top 10 Holdings
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MainStay US Government Liquidity I

4.26
35,186,521
Cash and Equivalents

United States Treasury Bills 0%

2.10
17,374,710
Government

WASHINGTON ST 5.09%

1.45
11,956,579
municipal

LOS ANGELES CALIF CMNTY COLLEGE DIST 7.53%

1.35
11,122,691
municipal

HAWAII ST 5.53%

1.26
10,405,087
municipal

COLORADO HSG & FIN AUTH 5.75%

1.23
10,141,091
municipal

Emory University 2.143%

1.14
9,386,155
Corporate

SEATTLE WASH MUN LT & PWR REV 5.47%

1.12
9,273,134
municipal

TEXAS NAT GAS SECURITIZATION FIN CORP REV 5.102%

1.09
9,033,047
municipal

ALABAMA FED AID HWY FIN AUTH SPL OBLIG REV 1.727%

1.06
8,731,040
municipal