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.
MainStay Short Term Bond Inv MIXNX
- NAV / 1-Day Return 9.11 / +0.11 %
- Total Assets 171.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.920%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.18%
- Effective Duration 1.90 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:06 PM GMT+0
Morningstar’s Analysis MIXNX
Will MIXNX 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
|
---|---|---|---|
United States Treasury Notes 4.25% | 18.29 | 30.7 Mil | Government |
United States Treasury Notes 2.5% | 12.74 | 21.4 Mil | Government |
iShares 1-5 Year invmt Grd Corp Bd ETF | 2.44 | 4.1 Mil | — |
United States Treasury Notes 4.25% | 2.37 | 4.0 Mil | Government |
United States Treasury Notes 0.25% | 2.21 | 3.7 Mil | Government |
United States Treasury Notes 4.125% | 2.05 | 3.4 Mil | Government |
United States Treasury Notes 4% | 1.29 | 2.2 Mil | Government |
Deutsche Bank AG New York Branch 6.119% | 1.25 | 2.1 Mil | Corporate |
Cash | 0.99 | 1.7 Mil | Cash and Equivalents |
Bank of America Corp. 5.08% | 0.91 | 1.5 Mil | Corporate |