MainStay Floating Rate A
Nylim Center, 169 Lackawanna Ave. Parsippany NJ 07054
Map
Phone: 800-624-6782
| Category: | Bank Loan | | Fund Family: | MainStay | | Net Assets: | 353.14M | | Year-to-Date Return: | -0.38% | | Yield: | 5.68% | | Morningstar Rating: |  | | Fund Inception Date: | 03-May-04 |
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Robert Dial
Lead Manager since
03-May-04 | | | Dial is a director and portfolio manager with NYLIM, his employer since 2001. Prior to joining the firm, he was a director in the Acquisition Finance Group at Fleet Securities. Previously, he worked in leveraged finance capacities at Credit Lyonnais and at Chase Manhattan. |
| Min Initial Investment: | $25,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $500 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of current income. The fund typically invests at least 80% of assets in a portfolio of floating-rate loans and other floating-rate debt securities. It may invest up to 100% in money market or short-term debt securities if it considers market conditions unfavorable. The fund is nondiversified. |
| Last Dividend
(31-Jul-08):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 29.00% | | Average for Category:
| 80.48% |
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| Expense | MXFAX | Category
Avg | | Total Expense Ratio: | 1.01%
| 1.42% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 3.00%
| 3.08% | | Max Deferred Sales Load: | 0.00%
| 2.13% | | 3 Yr Expense Projection*: |
$603 | $647 | | 5 Yr Expense Projection*: |
$825 | $921 | | 10 Yr Expense Projection*: |
$1,465 | $1,870 |
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0.11% Nasdaq 
0.36%
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