4 / 5 Stars
4 4 4 2 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 233 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 18.27 percent over the past year, 12.22 percent over the past three years, 14.08 percent over the past five years, and 6.89 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.0%|
|3 Years (Annualized)||12.2%|
|5 Years (Annualized)||14.1%|
|10 Years (Annualized)||6.9%|
The investment seeks high total return. The fund invests approximately 60% of its assets (net assets plus any borrowings for investment purposes) in stocks and 40% of its assets in fixed-income securities (such as bonds) and cash equivalents. Although this 60/40 ratio may vary, the fund will always invest at least 25% of its assets in fixed-income securities. The fund may invest up to 20% of its net assets in foreign securities, but only in countries the Manager or Subadvisor considers stable and only in securities considered to be of high quality. It may also invest in derivatives.
Fees are Above Average compared to funds in the same category.
MainStay Balanced Fund has an expense ratio of 1.26 percent.
Risk is Average compared to funds in the same category according to Morningstar.