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Morningstar

MainStay Conservative ETF Allocation I MNELX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 10.28  /  −0.29 %
  • Total Assets 44.4 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.92%
  • Turnover 65%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:06 PM GMT+0

Morningstar’s Analysis MNELX

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

  • People Pillar

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

MainStay Conservative ETF Allocation I's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MNELX

More MNELX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 78.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares Core US Aggregate Bond ETF

30.77 13.7 Mil
—

Vanguard Mega Cap ETF

13.79 6.1 Mil
—

iShares Broad USD Invm Grd Corp Bd ETF

7.70 3.4 Mil
—

Invesco Senior Loan ETF

5.47 2.4 Mil
—

iShares 0-5 Year High Yield Corp Bd ETF

4.48 2.0 Mil
—

Vanguard Mid-Cap ETF

3.77 1.7 Mil
—

Invesco S&P SmallCap Quality ETF

3.05 1.4 Mil
—

iShares MSCI Japan ETF

3.03 1.4 Mil
—

iShares MSCI Emerging Mkts ex China ETF

2.99 1.3 Mil
—

iShares Broad USD High Yield Corp Bd ETF

2.98 1.3 Mil
—