On July 20, 2021, Joseph Cantwell, comanager of MainStay MacKay Strategic Bond MSDIX, stepped back from day-to-day investment responsibilities as he is leaving the firm. Stephen Cianci and Neil Moriarty, the two day-to-day seasoned lead managers of the strategy, remain on board and will continue to be supported by two other managers who have been named on this strategy since 2018.
Will MSDIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MSDIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MSDIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MSDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.