MainStay Balanced Fund

Scorecard
3 / 5 Stars
Lipper
4 4 4 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B (Buy)

#22 in Moderate Allocation

U.S. News evaluated 247 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 16.80 percent over the past year, 10.98 percent over the past three years, 17.27 percent over the past five years, and 6.33 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.7%
1 Year 16.8%
3 Years (Annualized) 11.0%
5 Years (Annualized) 17.3%
10 Years (Annualized) 6.3%

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Summary

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

Fees are Above Average compared to funds in the same category.
MainStay Balanced Fund has an expense ratio of 1.16 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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