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Morningstar

MainStay WMC Value Investor class MSMIX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 26.92  /  0.48 %
  • Total Assets 950.6 Mil
  • Adj. Expense Ratio
    1.260%
  • Expense Ratio 1.260%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.25%
  • Turnover 37%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:47 PM GMT+0

Morningstar’s Analysis MSMIX

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

People Pillar

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

MainStay WMC Value Investor class's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSMIX

More MSMIX Holdings
  • Current Portfolio Date
  • Equity Holdings 65
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 23.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

3.63
36,161,362
Financial Services

Cisco Systems Inc

3.02
30,115,173
Technology

Pfizer Inc

2.58
25,698,900
Healthcare

Merck & Co Inc

2.55
25,449,119
Healthcare

ConocoPhillips

2.32
23,115,507
Energy

MetLife Inc

2.05
20,464,521
Financial Services

Elevance Health Inc

1.98
19,716,298
Healthcare

Welltower Inc

1.82
18,178,982
Real Estate

M&T Bank Corp

1.82
18,122,996
Financial Services

Phillips 66

1.80
17,962,848
Energy