The teams behind MainStay Income Builder's asset-allocation and bond sleeve need to prove they can successfully execute its flexible approach. It earns a Morningstar Analyst Rating of Neutral across all share classes.
MainStay Income Builder A MTRAX
NAV / 1-Day Return
20.46
/
0.94
%
Total Assets
1.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.030%
Expense Ratio
1.030%
Fee Level
Low
Longest Manager Tenure
11.68
years
Category
World Allocation
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
2.31%
Turnover
65%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MTRAX 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 MTRAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MTRAX 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 MTRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
New management needs to build its track record.
