Skip to Content
Morningstar

MainStay Income Builder A MTRAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 18.67  /  −0.48 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.86%
  • Turnover 56%

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 9:59 PM GMT+0

Morningstar’s Analysis MTRAX

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.

A Comanager to Step Off Mainstay Income Builder; Ratings Unchanged

null Stephen Margaria

Stephen Margaria

Analyst Note

TD Epoch recently announced that William Priest will be stepping back from his role as portfolio manager on Epoch funds starting March 31, 2024, including MainStay Income Builder, to focus on the firm’s high-net-worth clients. Priest began comanaging the equity sleeve of this fund in 2009, but lead manager Kera Van Valen has helmed the sleeve since 2014 and will remain in place next to her two comanagers, Michael Welhoelter and John Tobin. The impending change does not affect the fund’s Average People rating and Morningstar Medalist Ratings.

by Stephen Margaria
Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings MTRAX

More MTRAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Yen

4.46 46.2 Mil
Cash and Equivalents

Yen

2.26 23.5 Mil
Cash and Equivalents

MainStay US Government Liquidity I

1.71 17.7 Mil
Cash and Equivalents

Australian Dollar

1.46 15.2 Mil
Cash and Equivalents

Broadcom Inc

1.45 15.0 Mil
Technology

Microsoft Corp

1.41 14.6 Mil
Technology

International Business Machines Corp

1.30 13.5 Mil
Technology

Yen Denom Nikkei Equity Index 07/Mar/2024 Nhh4 Index

1.14 11.8 Mil
—

KLA Corp

1.08 11.2 Mil
Technology

Coca-Cola Europacific Partners PLC

1.07 11.1 Mil
Consumer Defensive