MainStay Income Builder Fund Class A (MTRAX) Research
This fund's primary objective is to generate consistent current income, alongside a reasonable prospect for future growth of both its invested capital and revenue. It typically allocates a minimum of 30% of its net assets to equity holdings and an equivalent minimum of 30% to fixed-income securities. On occasion, factors such as market conditions, specific investment transactions, or liquidity management may lead to a temporary reduction below this 30% threshold for either equities or debt. The fund has the flexibility to invest in debt instruments across the credit spectrum, including both investment-grade and speculative-grade (below investment-grade) bonds, with various terms to maturity.
Market snapshot
- Symbol
- MTRAX
- Price
- $25.75
- Day change
- +0.63%
- Market cap
- $1.2B
- 52-week range
- 21.28-25.88
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Aberdeen Ultra Short Municipal Income Fund - Class A (ATOAX)
- Sterling Capital Equity Income Fund Class A (BAEIX)
- Sterling Capital Equity Income Fund Institutional Class (BEGIX)
- BlackRock Credit Allocation Income Trust (BTZ)
- MainStay Income Builder Fund Investor Class (MTINX)
- Nuveen Real Asset Income Fund Class A (NRIAX)
- Nuveen Real Asset Income Fund Class C (NRICX)
- Nuveen Real Asset Income Fund Class I (NRIIX)
Open MainStay Income Builder Fund Class A (MTRAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.