MainStay Income Builder Fund Investor Class (MTINX) NASDAQ

22.91

+0.11(+0.48%)

Updated at December 04 08:07AM

Currency In USD

MainStay Income Builder Fund Investor Class

Address

51 Madison Ave

New York, NY 10010

United States of America

Phone

2125767000

Website

N/A

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

February 28, 2008

Key Executives

N/A

Description

The investment seeks current income consistent with reasonable opportunity for future growth of capital and income. The fund normally invests a minimum of 30% of its net assets in equity securities and a minimum of 30% of its net assets in debt securities. From time to time, it may temporarily invest less than 30% of its net assets in equity or debt securities as a result of market conditions, individual securities transactions or cash flow considerations. The fund may invest in investment grade and below investment grade debt securities of varying maturities.