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Morningstar

MainStay Equity Allocation B MGXBX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 14.15  /  0.14 %
  • Total Assets 425.3 Mil
  • Adj. Expense Ratio
    1.850%
  • Expense Ratio 1.850%
  • Distribution Fee Level High
  • Share Class Type —
  • Category Aggressive Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Closed
  • TTM Yield 0.23%
  • Turnover 17%

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:07 PM GMT+0

Morningstar’s Analysis MGXBX

Will MGXBX outperform in future?

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

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGXBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MGXBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of MGXBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

MainStay Equity Allocation B's Average People Pillar and Process Pillar ratings result in 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MGXBX

More MGXBX Holdings
  • Current Portfolio Date
  • Equity Holdings 19
  • Bond Holdings 0
  • Other Holdings 25
  • % Assets in Top 10 Holdings 63.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MainStay WMC Growth R6

7.59
29,550,346
—

MainStay Winslow Large Cap Growth R6

7.20
28,020,035
—

IQ Candriam U.S. Large Cap Equity ETF

6.90
26,861,662
—

MainStay Epoch US Equity Yield R6

6.89
26,821,852
—

IQ U.S. Large Cap ETF

6.82
26,542,747
—

MainStay WMC Value R6

6.51
25,333,220
—

MainStay WMC Enduring Capital R6

6.50
25,298,363
—

IQ Candriam U.S. Mid Cap Equity ETF

5.06
19,698,000
—

MainStay Candriam Emerging Mkts Eq R6

4.96
19,293,121
—

IQ U.S. Small Cap ETF

4.93
19,192,876
—