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.
- NAV / 1-Day Return 9.33 / 0.01 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- 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.