Mainstay Floating Financials

MXFMX Fund  USD 8.78  0.01  0.11%   
You can make use of Mainstay Floating Rate fundamental data analysis to find out if markets are presently mispricing the entity. We have collected data for nine available fundamentals for Mainstay Floating, which can be compared to its peers in the industry. The fund experiences a normal downward trend and little activity. Check odds of Mainstay Floating to be traded at $8.69 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Mainstay Floating Fund Summary

Mainstay Floating competes with Tiaa Cref, Ab Bond, Lord Abbett, Short Duration, and Tiaa-cref Inflation-linked. The fund invests at least 80 percent of its assets in a portfolio of floating rate loans and other floating rate debt securities. When the funds Subadvisor believes that market or economic conditions are unfavorable to investors, up to 100 percent of the funds assets may be invested in money market or short-term debt securities. The fund may invest up to 25 percent of its total assets in foreign securities which are generally U.S. dollar-denominated loans and other debt securities issued by one or more non-U.S. borrower without a U.S. domiciled co-borrower.
Specialization
Bank Loan, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressMainstay Funds Trust
Mutual Fund FamilyNew York Life Investment Management LLC
Mutual Fund CategoryBank Loan
BenchmarkDow Jones Industrial
Phone800 624 6782
CurrencyUSD - US Dollar

Mainstay Floating Key Financial Ratios

Mainstay Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mainstay Floating's current stock value. Our valuation model uses many indicators to compare Mainstay Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mainstay Floating competition to find correlations between indicators driving Mainstay Floating's intrinsic value. More Info.
Mainstay Floating Rate is number one fund in annual yield among similar funds. It also is number one fund in net asset among similar funds making up about  21,628,175,422  of Net Asset per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mainstay Floating's earnings, one of the primary drivers of an investment's value.

Mainstay Floating Rate Systematic Risk

Mainstay Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mainstay Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mainstay Floating Rate correlated with the market. If Beta is less than 0 Mainstay Floating generally moves in the opposite direction as compared to the market. If Mainstay Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mainstay Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mainstay Floating is generally in the same direction as the market. If Beta > 1 Mainstay Floating moves generally in the same direction as, but more than the movement of the benchmark.
Mainstay Floating Rate is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 18.79 Billion. Mainstay Floating holds roughly 1.62 Billion in net asset claiming about 9% of funds in Bank Loan category.

Mainstay Floating March 15, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mainstay Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mainstay Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mainstay Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Mainstay Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mainstay Floating's daily price indicators and compare them against related drivers.

Other Information on Investing in Mainstay Mutual Fund

Mainstay Floating financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Floating security.
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