Mainstay Tax Mutual Fund Money Managers
| MKINX Fund | USD 9.34 0.01 0.11% |
Break down of Mainstay Tax's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Mainstay Tax's future under-performance.
| Robert DiMella Executive Fund Manager |
| More |
Mainstay |
Mainstay Tax Net Asset Comparison
Mainstay Tax Free is regarded fourth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Long category is currently estimated at about 45.21 Billion. Mainstay Tax holds roughly 3.07 Billion in net asset claiming about 7% of funds under Muni National Long category.
Mainstay Tax Free Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Mainstay Tax Free Price Series Summation is a cross summation of Mainstay Tax price series and its benchmark/peer.
Mainstay Tax Stakeholder
| Robert DiMella | Fund Manager | Profile |
About Mainstay Tax Management Performance
The success or failure of an entity such as Mainstay Tax Free often depends on how effective the management is. Mainstay Tax management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Mainstay management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Mainstay management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds that are rated investment grade. On average, it will invest in municipal bonds that have a maturity range of 10 to 30 years. The fund may not invest more than 20 percent of its net assets in tax-exempt securities subject to the federal alternative minimum tax.
Please note that past performance is not an indicator of the future performance of Mainstay Tax, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainstay Tax Free. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.