Mainstay International Opportunities Fund Quote
| MYITX Fund | USD 7.84 0.05 0.63% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Mainstay International is trading at 7.84 as of the 16th of December 2024; that is 0.63% down since the beginning of the trading day. The fund's open price was 7.89. Mainstay International 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 23rd of October 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 International Opportunities
Moving against Mainstay Mutual Fund
Mainstay Mutual Fund Highlights
| Fund Concentration | New York Life Investment Management LLC Funds, Large Blend Funds, Foreign Large Blend Funds, Foreign Large Blend, New York Life Investment Management LLC (View all Sectors) |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Mainstay International Opportunities [MYITX] is traded in USA and was established 16th of December 2024. Mainstay International 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 International is currently producing year-to-date (YTD) return of 11.36% with the current yeild of 0.02%, while the total return for the last 3 years was 2.23%.
Check Mainstay International Probability Of Bankruptcy
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 International Opportunities 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 International Opportunities Mutual Fund Constituents
| IEFA | iShares Core MSCI | Etf | Foreign Large Blend | |
| ACWX | iShares MSCI ACWI | Etf | Foreign Large Blend | |
| ASML | ASML Holding NV | Stock | Information Technology | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| MBFJF | Mitsubishi UFJ Financial | Pink Sheet | Banks—Diversified | |
| NOVN | Novan Inc | Stock | Health Care | |
| NSRGF | Nestle SA | Pink Sheet | Packaged Foods | |
| NVSEF | Novartis AG | Pink Sheet | Drug Manufacturers—General |
Mainstay International Risk Profiles
| Mean Deviation | 0.5429 | |||
| Semi Deviation | 0.6596 | |||
| Standard Deviation | 0.7177 | |||
| Variance | 0.515 |
Mainstay International Against Markets
Other Information on Investing in Mainstay Mutual Fund
Mainstay International 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 International security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |