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Morningstar

MainStay S&P 500 Index A MSXAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 48.45  /  1.00 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 1.10%
  • Turnover 2%

USD | NAV as of Jun 01, 2023 | 1-Day Return as of Jun 01, 2023, 10:22 PM GMT+0

Morningstar’s Analysis MSXAX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

MainStay S&P 500 Index A’s management team is just average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MSXAX

More MSXAX Holdings
  • Current Portfolio Date
  • Equity Holdings 503
  • Bond Holdings 0
  • Other Holdings 6
  • % Assets in Top 10 Holdings 27.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

7.21
82,836,928
Technology

Microsoft Corp

6.53
75,076,830
Technology

Amazon.com Inc

2.68
30,858,783
Consumer Cyclical

NVIDIA Corp

1.95
22,407,318
Technology

Alphabet Inc Class A

1.83
20,985,614
Communication Services

Berkshire Hathaway Inc Class B

1.69
19,431,104
Financial Services

Alphabet Inc Class C

1.60
18,444,259
Communication Services

Meta Platforms Inc Class A

1.53
17,558,020
Communication Services

Exxon Mobil Corp

1.39
15,996,373
Energy

UnitedHealth Group Inc

1.31
15,092,400
Healthcare