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MainStay MacKay Short Term Municipal A MSTAX

Quantitative rating as of
  • NAV / 1-Day Return 9.33  /  0.01 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 1.15%
  • Effective Duration 2.16 years

Morningstar’s Analysis MSTAX

Will MSTAX outperform in future?

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

Summary

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MainStay MacKay Short Term Municipal A's Average Process and Parent pillars limit this strategy to a Morningstar Quantitative Rating of Neutral. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

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