MOPBX: MainStay MacKay Common Stock B

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MOPBX MainStay MacKay Common Stock B


Profile

MOPBX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 2.8%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $158 M
  • Holdings in Top 10 30.6%

52 WEEK LOW AND HIGH

$23.13
$15.48
$23.49

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.02%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 164.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Feb 28, 2017
  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    MainStay MacKay Common Stock Fund
  • Fund Family Name
    MainStay
  • Inception Date
    Jun 01, 1998
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Migene Kim

Fund Description

The fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in common stocks. It primarily invests in common stocks of U.S. companies with market capitalizations that, at the time of investment, are similar to companies in the S&P 500® Index and the Russell 1000® Index. The Subadvisor also seeks to control the fund's exposure to risk by seeking to construct a broadly-diversified portfolio of securities issued by a large number of companies, across sectors and industries using quantitative analysis to identify undervalued and overvalued securities.


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Categories

Performance

MOPBX - Performance

Return Ranking - Trailing

Period MOPBX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -39.2% 1982.7% 43.61%
1 Yr 7.8% -73.2% 2198.7% 49.28%
3 Yr 2.8%* -33.7% 191.9% 45.65%
5 Yr 4.6%* -21.2% 96.3% 33.72%
10 Yr 9.3%* -6.2% 39.1% 21.82%

* Annualized

Return Ranking - Calendar

Period MOPBX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -72.6% 39.5% 79.59%
2018 -18.1% -67.0% 10.0% 73.84%
2017 22.6% -32.8% 33.2% 2.40%
2016 6.3% -18.6% 19.7% 59.38%
2015 -0.6% -35.5% 7.8% 9.40%

Total Return Ranking - Trailing

Period MOPBX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -39.2% 1982.7% 43.61%
1 Yr 7.8% -73.2% 2198.7% 49.28%
3 Yr 2.8%* -33.7% 191.9% 69.02%
5 Yr 4.6%* -14.8% 96.3% 67.97%
10 Yr 9.4%* -4.1% 39.1% 63.53%

* Annualized

Total Return Ranking - Calendar

Period MOPBX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -72.6% 39.5% 79.59%
2018 -18.1% -67.0% 10.0% 84.41%
2017 22.6% -22.1% 33.2% 14.49%
2016 6.5% -16.4% 26.8% 80.72%
2015 -0.4% -26.4% 106.5% 34.64%

NAV & Total Return History


Holdings

MOPBX - Holdings

Concentration Analysis

MOPBX Category Low Category High MOPBX % Rank
Net Assets 158 M 1.14 K 872 B 79.16%
Number of Holdings 164 1 3534 42.28%
Net Assets in Top 10 48.3 M -27.1 M 195 B 79.80%
Weighting of Top 10 30.63% 3.2% 100.0% 53.18%

Top 10 Holdings

  1. Microsoft Corp 6.63%
  2. Apple Inc 6.53%
  3. Amazon.com Inc 5.05%
  4. Facebook Inc A 2.74%
  5. Johnson & Johnson 2.00%
  6. Procter & Gamble Co 1.80%
  7. UnitedHealth Group Inc 1.64%
  8. Intel Corp 1.44%
  9. The Home Depot Inc 1.42%
  10. Mastercard Inc A 1.38%

Asset Allocation

Weighting Return Low Return High MOPBX % Rank
Stocks
99.93% 81.36% 167.47% 13.04%
Other
0.07% -7.25% 89.69% 7.39%
Cash
0.01% -141.62% 13.74% 86.78%
Preferred Stocks
0.00% 0.00% 14.17% 17.00%
Convertible Bonds
0.00% 0.00% 13.48% 14.86%
Bonds
0.00% 0.00% 78.72% 22.40%

Stock Sector Breakdown

Weighting Return Low Return High MOPBX % Rank
Technology
26.48% 0.00% 42.50% 14.65%
Healthcare
16.81% 0.00% 31.87% 28.23%
Financial Services
12.20% 0.00% 47.71% 78.68%
Consumer Cyclical
11.59% 0.00% 45.17% 29.14%
Communication Services
8.39% 0.00% 28.36% 69.86%
Consumer Defense
7.89% 0.00% 35.63% 38.38%
Industrials
7.84% 0.00% 27.40% 75.10%
Energy
2.65% -1.47% 14.48% 54.12%
Utilities
2.53% 0.00% 18.14% 60.87%
Real Estate
1.82% 0.00% 54.83% 72.69%
Basic Materials
1.80% -0.14% 11.37% 69.03%

Stock Geographic Breakdown

Weighting Return Low Return High MOPBX % Rank
US
99.45% 80.15% 157.79% 7.47%
Non US
0.48% -4.87% 18.41% 83.00%

Expenses

MOPBX - Expenses

Operational Fees

MOPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.02% 0.01% 49.73% 8.19%
Management Fee 0.55% 0.00% 2.00% 51.73%
12b-1 Fee 1.00% 0.00% 1.00% 82.62%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

MOPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load 5.00% 0.95% 5.00% 1.48%

Trading Fees

MOPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MOPBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 164.00% 0.00% 438.00% 94.65%

Distributions

MOPBX - Distributions

Dividend Yield Analysis

MOPBX Category Low Category High MOPBX % Rank
Dividend Yield 0.00% 0.00% 15.52% 15.50%

Dividend Distribution Analysis

MOPBX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

MOPBX Category Low Category High MOPBX % Rank
Net Income Ratio 0.10% -3.93% 3.34% 93.17%

Capital Gain Distribution Analysis

MOPBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MOPBX - Fund Manager Analysis

Managers

Migene Kim


Start Date

Tenure

Tenure Rank

Mar 01, 2007

13.34

13.3%

Migene Kim, CFA is the Head of Systematic Equity and a Portfolio Manager & Senior Analyst. Her responsibilities include portfolio management, investment research & strategy development. Migene joined the firm in 2005 as a PM. Previously, she spent 7 yrs as a quantitative analyst in INVESCO's Structured Products Group. She started her career as an Analyst at Chase Manhattan Bank in 1993. She received her BA in Mathematics, graduating summa cum laude from the University of Pennsylvania. She earned her MBA from the MIT Sloan School of Management. She has been working in industry since 1993.

Mona Patni


Start Date

Tenure

Tenure Rank

Feb 28, 2014

6.34

6.3%

Mona Patni is a Portfolio Manager & Senior Analyst on the Systematic Equity team. She joined Mackay Shields in 2001. Her responsibilities include investment research, strategy development & portfolio management. Her portfolio management experience has been recognized by Lipper as a recipient of the 2015 & 2016 Lipper US Alternative Active Extension Fund Award. Previously, Mona worked in the consulting industry for PWC & Tata Unisys in Mumbai. Mona graduated from the University of Bombay & earned her MBA from NYU Stern School of Business. She has been working in the industry since 2001

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 33.98 6.42 1.0