MainStay Government Inv MainStay Funds 169 Lackawanna Ave. Parsippany, NJ 07054 Map
Phone: 800-624-6782
| Category: | Intermediate Government | | Fund Family: | MainStay | | Net Assets: | 63.80M | | Year-to-Date Return: | 3.47% | | Yield: | 2.93% | | Morningstar Rating: |  | | Fund Inception Date: | 28-Feb-08 |
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Gary L. Goodenough
Lead Manager since
21-Jul-00 | | | Goodenough is currently a portfolio manager with New York Life Investment Management LLC from 2000. Prior to that, he is a portfolio manager and a managing director and co-head of the Bond Team at MacKay Shields, his employer since May 2000. Goodenough previously held a position as a vice president and portfolio manager with Loomis Sayles & Company from 1993 to 2000. Prior to this, He served as a managing director at both Bear Sterns and Salomon Brothers. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $500 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of current income consistent with safety of principal. The fund normally invests at least 80% of assets in U.S. government securities, including treasury obligations, debt issued or guaranteed by the U.S. government, and agency mortgage-backed securities. It may invest the balance in mortgage- and asset-backed securities that are not U.S. government securities. |
| Last Dividend
(30-Nov-09):
| 0.02 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 436.40% |
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| Expense | MGVNX | Category Avg | | Total Expense Ratio: | %
| 1.01% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 4.50%
| 4.09% | | Max Deferred Sales Load: | %
| 2.74% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $493 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $735 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,430 |
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