Invesco Senior Loan ETF declares monthly distribution of 0.1703
| MXFMX Fund | USD 8.90 0.00 0.00% |
Slightly above 56% of Mainstay Floating's investor base is looking to short. The analysis of overall sentiment of trading Mainstay Floating Rate mutual fund suggests that many investors are alarmed at this time. Mainstay Floating's investing sentiment can be driven by a variety of factors including economic data, Mainstay Floating's earnings reports, geopolitical events, and overall market trends.
Mainstay |
Learn about Invesco Senior Loan ETF with a 30-day SEC yield of 8.35 percent as of September 23, and a dividend payable on September 27.
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Mainstay Floating Fundamental Analysis
We analyze Mainstay Floating's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mainstay Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mainstay Floating 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.
Bond Positions Weight
Bond Positions Weight Comparative Analysis
Mainstay Floating is currently under evaluation in bond positions weight among similar funds. Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Mainstay Floating Rate Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mainstay Floating mutual fund to make a market-neutral strategy. Peer analysis of Mainstay Floating could also be used in its relative valuation, which is a method of valuing Mainstay Floating by comparing valuation metrics with similar companies.
Peers
Mainstay Floating Related Equities
| TPYYX | Touchstone Premium | 0.79 | ||||
| CCD | Calamos Dynamic | 0.38 | ||||
| GMOZX | Gmo High | 0.22 | ||||
| TFBIX | Maryland Tax-free | 0.20 | ||||
| ABNTX | Ab Bond | 0.20 | ||||
| PATFX | T Rowe | 0.18 | ||||
| LTXFX | Limited Term | 0.13 | ||||
| MFIRX | Ms Global | 0.19 |
Other Information on Investing in Mainstay Mutual Fund
Mainstay Floating 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 Floating security.
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