MGVAX : MainStay MacKay Infrastructure Bond Fund Class A

MGVAX is a Bond Market Total US Bond Market with HIGH fees.

MGVAX

MainStay MacKay Infrastructure Bond Fund Class A

FI Score

40 /100

Expense Ratio Rating

4 /10

Expense Rating

1 /10

Market Score

4 /10

Category Score

10 /10

Market Size

4 /10

40% FI Score
  • mgvax
  • Mutual Fund
  • Bond
  • Total US Bond Market

MainStay MacKay Infrastructure Bond Fund Class A

Expenses: 0.89% (Better than 0% of similar funds)

This is a bad choice for a Total US Bond Market Bond fund. See why ยป

Fund Summary

The investment seeks current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in an actively managed, diversified portfolio of infrastructure-related debt securities and/or securities intended primarily to finance infrastructure-related activities. It will invest at least 60% of its assets in taxable municipal debt securities. It may invest up to 20% of its assets in tax-exempt municipal debt securities.

Largest Holdings

Amount Holding
1.86% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 2.75%
1.63% SOUTH CAROLINA ST PUB SVCS AUTH REV 0.5%
1.46% CURATORS UNIV MO SYS FACS REV 1.71%
1.28% Howard University 2.94%
1.20% MICHIGAN FIN AUTH REV 3.08%
0.99% NEW JERSEY ST TRANSN TR FD AUTH 2.63%
0.97% STATE PUB SCH BLDG AUTH PA LEASE REV 3.2%
0.95% Providence St Joseph Health Obligated Group 2.53%
0.94% RIVERSIDE CNTY CALIF PENSION OBLIG 2.67%
0.93% The Johns Hopkins University 1.97%
0.90% ILLINOIS ST SALES TAX REV 3%
0.89% Rush University System for Health 3.92%
0.87% OREGON ST FACS AUTH REV 2.49%
0.87% ONEIDA CNTY N Y LOC DEV CORP REV 2.5%
0.85% SAN BERNARDINO CALIF CMNTY COLLEGE DIST 2.64%
0.81% CALIFORNIA EDL FACS AUTH REV 3.66%
0.81% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4.85%
0.77% MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 3.54%
0.77% SALT LAKE CNTY UTAH CONVENTION HOTEL REV 5.25%
0.77% OHIO CNTY W VA CNTY COMMN SPL DIST EXCISE TAX REV 4%
0.76% READING PA AREA WTR AUTH WTR REV 2.44%
0.75% LOS ANGELES CALIF CMNTY COLLEGE DIST 7.53%
0.75% Liberty University, Inc 3.34%

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