Mainstay New is trading at 9.68 as of the 19th of June 2024; that is -0.1 percent decrease since the beginning of the trading day. The fund's open price was 9.69. Mainstay New has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mainstay New York are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 19th of June 2024. Click here to learn more.
The investment seeks current income exempt from federal and New York State and, in some cases, New York local income taxes. Mainstay Mackay is traded on NASDAQ Exchange in the United States. More on Mainstay New York
Mainstay New York [MNOAX] is traded in USA and was established 19th of June 2024. The fund is listed under Muni New York Long category and is part of New York Life Investment Management LLC family. This fund now has accumulated 1.17 B in assets with no minimum investment requirementsMainstay New York is currently producing year-to-date (YTD) return of 1.08% with the current yeild of 0.0%, while the total return for the last 3 years was -1.39%.
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Instrument Allocation
Mainstay New York Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Mainstay New market risk premium is the additional return an investor will receive from holding Mainstay New long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Mainstay New. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Mainstay New's alpha and beta are two of the key measurements used to evaluate Mainstay New's performance over the market, the standard measures of volatility play an important role as well.
Other Information on Investing in Mainstay Mutual Fund
Mainstay New financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay New security.