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Morningstar

MainStay WMC Value R2 MPRRX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 27.62  /  0.62 %
  • Total Assets 957.0 Mil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.34%
  • Turnover 37%

USD | NAV as of Sep 25, 2023 | 1-Day Return as of Sep 25, 2023, 11:10 PM GMT+0

Morningstar’s Analysis MPRRX

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

People Pillar

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

An incline in its Process Pillar rating is the primary driver of MainStay WMC Value R2's upgrade to a Morningstar Medalist Rating of Neutral from Negative.

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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MPRRX

More MPRRX Holdings
  • Current Portfolio Date
  • Equity Holdings 65
  • Bond Holdings 0
  • Other Holdings 4
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

3.81
39,839,092
Financial Services

Cisco Systems Inc

2.67
27,889,485
Technology

Pfizer Inc

2.55
26,732,071
Healthcare

ConocoPhillips

2.23
23,331,751
Energy

Merck & Co Inc

2.13
22,304,568
Healthcare

Elevance Health Inc

2.05
21,470,484
Healthcare

MetLife Inc

1.98
20,763,854
Financial Services

M&T Bank Corp

1.98
20,686,693
Financial Services

UnitedHealth Group Inc

1.81
18,946,846
Healthcare

PNC Financial Services Group Inc

1.80
18,820,732
Financial Services