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MainStay MacKay Strategic Bond I MSDIX

Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 8.49  /  +0.35 %
  • Total Assets 673.6 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 4.85%
  • Effective Duration 4.44 years

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 10:52 PM GMT+0

Morningstar’s Analysis MSDIX

Will MSDIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A go-anywhere fund in search of an identity.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Guided by the managers’ best ideas, MainStay MacKay Strategic Bond is still striving to establish its niche among its nontraditional bond peers. Higher personnel turnover, including the recent departure of the fund’s comanager, warrants caution here.

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Portfolio Holdings MSDIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

5.66 40.0 Mil
Government

MainStay US Government Liquidity I

2.76 19.5 Mil
Cash and Equivalents

United States Treasury Notes 4.5%

1.55 11.0 Mil
Government

United States Treasury Notes 1.375%

1.55 10.9 Mil
Government

United States Treasury Notes 4.25%

0.68 4.8 Mil
Government

CONNECTICUT AVENUE SECURITIES TRUST 0%

0.65 4.6 Mil
Securitized

Freddie Mac Stacr Remic Trust 0%

0.64 4.5 Mil
Securitized

United States Treasury Bills 0%

0.61 4.3 Mil
Government

Freddie Mac Stacr Remic Trust 0%

0.61 4.3 Mil
Securitized

CONNECTICUT AVENUE SECURITIES TRUST 0%

0.57 4.1 Mil
Securitized