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.
MainStay MacKay Strategic Bond Inv MSYDX
- NAV / 1-Day Return 8.61 / +0.04 %
- Total Assets 684.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.250%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.30%
- Effective Duration 4.44 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:04 PM GMT+0
Morningstar’s Analysis MSYDX
Will MSYDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
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 |