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Morningstar

MainStay Equity Allocation I MGXIX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 14.46  /  0.00
  • Total Assets 419.3 Mil
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.690%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Allocation—85%+ Equity
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.45%
  • Turnover 17%

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:04 PM GMT+00:00

Morningstar’s Analysis MGXIX

Will MGXIX 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 MGXIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the MGXIX 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 MGXIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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MainStay Equity Allocation I's Average Process Pillar and People Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

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