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Morningstar

MainStay Floating Rate C MXFCX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See New York Life Investment Hub

Morningstar’s Analysis MXFCX

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

  • People Pillar

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

Solid, but doesn’t stand out in a competitive crowd.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

A seasoned team and prudent investment approach aren’t enough to distinguish this strategy in the highly competitive bank loan Morningstar Category. Mainstay Floating Rate earns a Morningstar Medalist Rating of Neutral for all share classes.

by R.J. D'Ancona
Rated on Published on

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