MainStay Balanced Fund Class I

 (MUTF:MBAIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.03%
   
1 week   +2.17%
   
4 week   +0.85%
   
3 month   +4.00%
   
YTD   +11.16%
   
1 year   +11.68%
   
3 years*   +14.87%
   
5 years*   +11.88%
   
*annualized
Best 3 month return+19.31%  
Worst 3 month return-22.44%  

Morningstar statistics

Morningstar category: Moderate Allocation
  Return Risk Rating
3 years High Average
5 years High Below Average
10 years Above Average Average
Overall High Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets815.21M 
Front load-  
Deferred load-  
Expense ratio0.93%  
Management fee-  
Fund familyMainStay 

Asset allocation

Cash1.02%  
Stocks68.58%  
Bonds32.51%  
Other-2.10%  

Purchase information

Initial$5,000,000  
IRA Initial$5,000,000  
32.99+0.07(0.21%)
Dec 26, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks high total return. The fund invests approximately 60% of its assets (net assets plus any borrowings for investment purposes) in stocks and 40% of its assets in fixed-income securities (such as bonds) and cash equivalents. Although this 60/40 ratio may vary, the fund will always invest at least 25% of its assets in fixed-income securities. The fund may invest up to 20% of its net assets in foreign securities, but only in countries the Manager or Subadvisor considers stable and only in securities considered to be of high quality. It may also invest in derivatives.
Fund filings (PDF) »
Asset managers:
Migene Kim (Started: Feb 28, 2014)
Andrew Ver Planck (Started: Feb 28, 2013)
Jae Yoon (Started: Jan 1, 2011)
George Cherpelis (Started: Feb 28, 2012)
Thomas Girard (Started: Oct 28, 2008)
Donald Serek (Started: Feb 28, 2012)
Advisor Company:
New York Life Investment Management LLC
Fund family reports on Morningstar »
MainStay, 51 Madison Avenue, New York NY 10010, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 4.25 4.44 3.12 -0.09
Beta* 1.04 0.94 0.97 1.03
Mean annual return 0.95 1.19 1.00 0.61
R-squared* 93.35 87.58 93.22 94.20
Standard deviation 6.12 6.37 8.52 10.23
Sharpe ratio 1.85 2.23 1.40 0.56
* Against standard index

Top 10 holdings

Security Net Assets  
US Treasury Note 0.875% 1.49%  
US Treasury Note 2.25% 0.78%  
US Treasury Note 1.75% 0.73%  
US Treasury Note 0.75% 0.68%  
US Treasury Note 1.75% 0.68%  
US Treasury Note 1.625% 0.67%  
Cigna Corp (CI) 0.63%  
Cardinal Health Inc (CAH) 0.62%  
Humana Inc (HUM) 0.60%  
Western Digital Corp (WDC) 0.60%