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Morningstar

MainStay ESG Multi-Asset Alloc I MMTEX

Morningstar Analyst Rating
Quantitative rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 8.97  /  0.66 %
  • Total Assets 12.2 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.680%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Allocation—50% to 70% Equity
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 1.66%
  • Turnover 70%

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:32 PM GMT+00:00

Morningstar’s Analysis MMTEX

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

People Pillar

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

Summary

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MainStay ESG Multi-Asset Alloc I's Average Process Pillar and People Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

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