Mainstay 13030 is trading at 7.88 as of the 16th of December 2024; that is 0.63 percent down since the beginning of the trading day. The fund's open price was 7.93. Mainstay 13030 has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 22nd of December 2023 and ending today, the 16th of December 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its assets in equity securities of foreign companies, including securities of emerging market country issuers. It may invest in securities of foreign issuers in the form of depositary receipts or other securities that are convertible into securities of foreign issuers. More on Mainstay 13030 International
Mainstay 13030 International [MYIIX] is traded in USA and was established 16th of December 2024. Mainstay 13030 is listed under New York Life Investment Management LLC category by Fama And French industry classification. The fund is listed under Foreign Large Blend category and is part of New York Life Investment Management LLC family. This fund now has accumulated 164.18 M in assets with no minimum investment requirementsMainstay 13030 Inter is currently producing year-to-date (YTD) return of 11.43% with the current yeild of 0.02%, while the total return for the last 3 years was 3.14%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mainstay Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mainstay Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mainstay 13030 International Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mainstay 13030 International Mutual Fund Constituents
Other Information on Investing in Mainstay Mutual Fund
Mainstay 13030 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 13030 security.