MainStay Income Builder implements a flexible asset-allocation approach to generate a steady income. The current managers have a short track record at the helm; given the process’ wide opportunity set, a longer track record of solid execution would bolster our confidence. The fund maintains a Morningstar Analyst Rating of Neutral across all share classes.
Will MTOIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MTOIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MTOIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MTOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.