Mainstay High Yield Fund Annual Yield
MHYIX Fund | USD 5.25 0.02 0.38% |
Mainstay High Yield fundamentals help investors to digest information that contributes to Mainstay High's financial success or failures. It also enables traders to predict the movement of Mainstay Mutual Fund. The fundamental analysis module provides a way to measure Mainstay High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mainstay High mutual fund.
Mainstay |
Mainstay High Yield Mutual Fund Annual Yield Analysis
Mainstay High's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Mainstay High Annual Yield | 0.06 % |
Most of Mainstay High's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Mainstay High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
Competition |
In accordance with the recently published financial statements, Mainstay High Yield has an Annual Yield of 0.0619%. This is much higher than that of the New York Life Investment Management LLC family and significantly higher than that of the High Yield Bond category. The annual yield for all United States funds is notably lower than that of the firm.
Mainstay Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mainstay High's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Mainstay High could also be used in its relative valuation, which is a method of valuing Mainstay High by comparing valuation metrics of similar companies.Mainstay High is currently under evaluation in annual yield among similar funds.
Fund Asset Allocation for Mainstay High
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides Mainstay High's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Mainstay Fundamentals
Total Asset | 3.13 B | |||
Annual Yield | 0.06 % | |||
Year To Date Return | 7.11 % | |||
One Year Return | 11.09 % | |||
Three Year Return | 3.67 % | |||
Five Year Return | 4.46 % | |||
Ten Year Return | 6.19 % | |||
Net Asset | 10.26 B | |||
Last Dividend Paid | 0.02 | |||
Cash Position Weight | 6.35 % | |||
Equity Positions Weight | 2.51 % | |||
Bond Positions Weight | 10.63 % |
About Mainstay High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mainstay High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay High Yield based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Mainstay Mutual Fund
Mainstay High 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 High security.
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