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    MainStay Moderate Growth Allocation A (MGDAX)

    12.94 Down 0.29(2.19%) Jun 27

    Profile as of May 30, 2016Get Profile for:
    MainStay Moderate Growth Allocation A
    Mainstay Funds Trust169 Lackawanna AveParsippany NJ 07054
    Map
    Phone: 800-624-6782
    Fund Overview 
    Category:Allocation--70% to 85% Equity
    Fund Family:MainStay
    Net Assets:655.63M
    Year-to-Date Return:1.19%
    Yield:1.43%
    Morningstar Rating:3 stars
    Fund Inception Date:Apr 4, 2005
    Morningstar Style Box 
    Allocation--70% to 85% Equity
    [View Category Definition]
    View Top Allocation--70% to 85% Equity Funds
    About the Morningstar Style Box
    Management Information 
    Jonathan Swaney
    Lead Manager since Apr 4, 2005
    Mr. Swaney has managed the Funds since their inception. Mr. Swaney was an employee of New York Life Investments from 1997-2009 and was responsible both for managing quantitative equity portfolios and performing research at New York Life Investments’ Equity Investors Group. Also within New York Life Investments, Mr. Swaney previously worked with the Investment Consulting Group and was a portfolio manager with the Quantitative Strategies unit. In 2009, Mr. Swaney joined Madison Square Investors LLC, an indirect, wholly-owned subsidiary of New York Life. While at Madison Square Investors LLC, Mr. Swaney was responsible both for managing quantitative equity portfolios and performing research. In January 2011, Mr. Swaney re-joined New York Life Investments as part of the Investment Consulting Group. Mr. Swaney earned his B.A. in Political Science from The College of William & Mary.
    Investment Information 
    Min Initial Investment:25,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    MGDAX can be purchased from 99 brokerages.

    Fund Summary 
    The investment seeks long-term growth of capital and, secondarily, current income. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in other MainStay Funds (the "underlying funds"). It seeks to achieve its investment objective by normally investing approximately 80% (within a range of 70% to 90%) of its assets in underlying equity funds, and approximately 20% (within a range of 10% to 30%) of its assets in underlying fixed-income funds. The underlying equity funds may consist of approximately 20% (within a range of 10% to 30%) of international equity funds.

    Fund Operations 
    Last Dividend (Dec 30, 2015) : 0.07
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 23, 2016) : 36.00%
    Average for Category:57.05%
    Fees & Expenses 
    ExpenseMGDAXCategory Avg
    Annual Report Expense Ratio (net):0.36%0.89%
    Prospectus Net Expense Ratio:1.50%N/A
    Prospectus Gross Expense Ratio:1.50%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.50%5.31%
    Max Deferred Sales Load: N/A2.25%
    3 Yr Expense Projection*:998561
    5 Yr Expense Projection*:1,323880
    10 Yr Expense Projection*:2,2421,785
    * Per $10,000 invested