MainStay Balanced Fund (MBAIX)
The fund invests approximately 60% of its assets (net assets plus any borrowings for investment purposes) in stocks and 40% of its assets in fixed-income securities (such as bonds) and cash equivalents. Although this 60/40 ratio may vary, the manager has adopted a fundamental policy that it will be a "balanced" fund. The fund may invest up to 20% of its net assets in foreign securities, but only in such securities that the Subadvisor for the fixed-income portion of the fund, and the Subadvisor for the equity portion of the fund, in accordance with each Subadvisor's investment process.
Fund Info
US56063U1667
56063U166
Apr 30, 1989
$1,000,000
Large-Cap
Value
Expense Ratio
MBAIX features an expense ratio of 0.81%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in MainStay Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
MainStay Balanced Fund had a return of 3.42% year-to-date (YTD) and 7.64% in the last 12 months. Over the past 10 years, MainStay Balanced Fund had an annualized return of 1.08%, while the S&P 500 had an annualized return of 11.29%, indicating that MainStay Balanced Fund did not perform as well as the benchmark.
MBAIX
3.42%
1.00%
0.22%
7.64%
1.66%
1.08%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MBAIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.36% | 3.42% | |||||||||||
| 2024 | -0.60% | 1.14% | 2.83% | -2.94% | 2.35% | 0.00% | 4.23% | 1.93% | 0.78% | -1.09% | 3.57% | -7.75% | 3.94% |
| 2023 | 3.26% | -2.85% | -0.06% | 1.13% | -2.76% | 3.15% | 2.90% | -1.66% | -2.28% | -2.38% | 5.10% | 4.11% | 7.41% |
| 2022 | -1.30% | -0.49% | 0.04% | -3.65% | 2.20% | -5.68% | 4.77% | -2.22% | -6.08% | 5.95% | 4.24% | -2.96% | -5.90% |
| 2021 | 0.03% | 3.45% | 3.70% | 3.00% | 1.22% | -0.57% | 1.05% | 1.18% | -2.45% | 3.28% | -2.15% | -15.19% | -4.92% |
| 2020 | -0.58% | -4.74% | -11.66% | 8.23% | 2.78% | 1.15% | 2.79% | 2.04% | -1.29% | -0.53% | 8.09% | 1.80% | 6.68% |
| 2019 | 6.76% | 1.75% | 0.34% | 2.23% | -4.10% | 4.59% | 0.46% | -1.30% | 1.77% | 0.58% | 1.61% | -0.93% | 14.19% |
| 2018 | 1.28% | -3.44% | -0.42% | 0.28% | 1.48% | 0.36% | 1.74% | 1.62% | -0.20% | -4.74% | 1.27% | -12.81% | -13.68% |
| 2017 | 1.13% | 1.61% | -0.28% | 0.58% | -0.18% | 0.79% | 1.12% | -0.18% | 1.28% | 0.63% | 1.93% | -4.42% | 3.91% |
| 2016 | -3.75% | 0.94% | 5.76% | 0.72% | 0.59% | 0.76% | 2.41% | -0.16% | 0.39% | -1.32% | 2.68% | -0.40% | 8.65% |
| 2015 | -0.64% | 2.18% | -0.25% | -0.69% | 0.88% | -1.37% | 0.28% | -3.46% | -1.83% | 4.27% | 0.37% | -7.30% | -7.74% |
| 2014 | -1.23% | 2.98% | 1.17% | 0.57% | 1.49% | 2.03% | -1.70% | 2.96% | -2.26% | 2.22% | 1.74% | -7.67% | 1.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MBAIX is 41, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for MainStay Balanced Fund (MBAIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MainStay Balanced Fund provided a 2.29% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.72 | $0.72 | $0.68 | $0.50 | $0.37 | $0.42 | $0.54 | $0.54 | $0.45 | $0.50 | $0.42 | $0.39 |
Dividend yield | 2.29% | 2.37% | 2.27% | 1.75% | 1.19% | 1.27% | 1.73% | 1.93% | 1.36% | 1.56% | 1.40% | 1.20% |
Monthly Dividends
The table displays the monthly dividend distributions for MainStay Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.10 | $0.72 |
| 2023 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.11 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.50 |
| 2021 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.03 | $0.37 |
| 2020 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.02 | $0.42 |
| 2019 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.54 |
| 2018 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.08 | $0.54 |
| 2017 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.11 | $0.45 |
| 2016 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.50 |
| 2015 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2014 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.39 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the MainStay Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MainStay Balanced Fund was 43.43%, occurring on Mar 9, 2009. Recovery took 540 trading sessions.
The current MainStay Balanced Fund drawdown is 11.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.43% | Jun 5, 2007 | 442 | Mar 9, 2009 | 540 | Apr 28, 2011 | 982 |
| -29.34% | Dec 11, 2017 | 573 | Mar 23, 2020 | 179 | Dec 4, 2020 | 752 |
| -28.17% | Nov 10, 2021 | 221 | Sep 27, 2022 | — | — | — |
| -25.79% | Dec 8, 1997 | 590 | Mar 14, 2000 | 802 | May 30, 2003 | 1392 |
| -21.34% | Dec 4, 2014 | 299 | Feb 11, 2016 | 454 | Nov 29, 2017 | 753 |
Volatility
Volatility Chart
The current MainStay Balanced Fund volatility is 1.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.