MainStay Income Builder Fund Class A (MTRAX) NASDAQ

21.96

-0.01(-0.05%)

Updated at August 18 04:00PM

Currency In USD

MainStay Income Builder Fund Class A

Address

, MA

United States of America

Phone

800-624-6782

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

December 30, 1994

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.