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MainStay Balanced R1 (MBNRX)

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30.06+0.05 (+0.17%)
At close: 09:00PM EDT

MainStay Balanced R1

Parsippany NJ 07054

169 Lackawanna Ave

Mainstay Funds Trust

800 624 6782
Management Information
Jonathan B. Swaney,Lead Manager since February 27, 2017
Jonathan Swaney was an employee of New York Life Investments from 1997-2009 and was responsible both for managing quantitative equity portfolios and performing research at New York Life Investments’ Equity Investors Group. Also within New York Life Investments, Mr. Swaney previously worked with the Investment Consulting Group and was a portfolio manager with the Quantitative Strategies unit. In 2009, Mr. Swaney joined Madison Square Investors LLC, an indirect, wholly-owned subsidiary of New York Life. While at Madison Square Investors LLC, Mr. Swaney was responsible both for managing quantitative equity portfolios and performing research. In January 2011, Mr. Swaney re-joined New York Life Investments as part of the Investment Consulting Group. Mr. Swaney began his career in financil services working on the fixed income desk at the Vanguard Group after earned his B.A. in Political Science from The College of William & Mary in 1991. He also spent several years with a hedge fund of funds before coming to New York Life Investments in 1997.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryAllocation--50% to 70% Equity
Fund FamilyNew York Life Investment Management LLC
Net Assets453.43M
YTD Return-0.60%
Yield2.20%
Morningstar Rating★★★
Inception DateJan 1, 2004

Fund Operations

Last Dividend0.65
Last Cap Gain1.00
Holdings Turnover313.00%
Average for CategoryN/A

Fees & Expenses

ExpenseMBNRXCategory Average
Annual Report Expense Ratio (net)1.07%0.84%
Prospectus Net Expense Ratio1.07%N/A
Prospectus Gross Expense Ratio1.07%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.07%
Max Deferred Sales LoadN/A1.48%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A