MainStay S&P 500 Index Fund (MSPIX)
The fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in stocks as represented in the Standard & Poor's 500 Index in the same proportion, to the extent feasible. It may invest up to 20% of its total assets in options and futures contracts to maintain cash reserves, while being fully invested, to facilitate trading or to reduce transaction costs.
Fund Info
US56063J1613
56063J161
Jan 2, 1991
$1,000,000
Large-Cap
Blend
Expense Ratio
MSPIX has an expense ratio of 0.25%, which is considered low compared to other funds.
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 S&P 500 Index 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 S&P 500 Index Fund had a return of 4.15% year-to-date (YTD) and 19.32% in the last 12 months. Over the past 10 years, MainStay S&P 500 Index Fund had an annualized return of 4.80%, while the S&P 500 had an annualized return of 11.26%, indicating that MainStay S&P 500 Index Fund did not perform as well as the benchmark.
MSPIX
4.15%
1.23%
6.12%
19.32%
8.56%
4.80%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of MSPIX, 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 | 2.75% | 4.15% | |||||||||||
| 2024 | 1.65% | 5.32% | 3.18% | -4.09% | 4.93% | 3.56% | 1.19% | 2.40% | 2.11% | -0.93% | 5.84% | -6.18% | 19.84% |
| 2023 | 6.25% | -2.46% | 3.64% | 1.54% | 0.41% | 6.59% | 3.20% | -1.61% | -4.77% | -2.14% | 9.12% | 1.43% | 22.25% |
| 2022 | -5.19% | -3.01% | 3.69% | -8.74% | 0.15% | -8.27% | 9.18% | -4.08% | -9.22% | 8.06% | 5.55% | -13.25% | -24.79% |
| 2021 | -1.04% | 2.75% | 4.35% | 5.30% | 0.67% | 2.33% | 2.36% | 3.02% | -4.67% | 6.98% | -0.72% | 0.81% | 23.90% |
| 2020 | -0.07% | -8.25% | -12.32% | 12.77% | 4.75% | 1.97% | 5.63% | 7.16% | -3.83% | -2.69% | 10.93% | -3.61% | 9.67% |
| 2019 | 8.00% | 3.19% | 1.93% | 4.04% | -6.38% | 7.01% | 1.42% | -1.58% | 1.84% | 2.13% | 3.63% | -11.10% | 13.23% |
| 2018 | 5.70% | -3.72% | -2.55% | 0.35% | 2.38% | 0.61% | 3.69% | 3.23% | 0.54% | -6.84% | 2.02% | -18.15% | -14.17% |
| 2017 | 1.88% | 3.93% | 0.10% | 1.00% | 1.37% | 0.60% | 2.04% | 0.27% | 2.05% | 2.30% | 3.04% | -11.04% | 6.89% |
| 2016 | -4.98% | -0.14% | 6.73% | 0.35% | 1.77% | 0.23% | 3.64% | 0.12% | -0.00% | -1.84% | 3.66% | -5.02% | 3.96% |
| 2015 | -3.00% | 5.71% | -1.60% | 0.94% | 1.26% | -1.95% | 2.06% | -6.06% | -2.51% | 8.42% | 0.27% | -5.24% | -2.65% |
| 2014 | -3.48% | 4.53% | 0.81% | 0.71% | 2.30% | 2.05% | -1.42% | 3.97% | -1.43% | 2.42% | 2.66% | -0.49% | 13.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MSPIX is 73, 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 S&P 500 Index Fund (MSPIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
MainStay S&P 500 Index Fund provided a 1.11% dividend yield over the last twelve months, with an annual payout of $0.74 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 | $0.74 | $0.74 | $0.70 | $0.70 | $0.66 | $0.66 | $1.03 | $0.90 | $0.92 | $1.18 | $0.86 | $0.74 |
Dividend yield | 1.11% | 1.16% | 1.30% | 1.55% | 1.09% | 1.34% | 2.27% | 2.20% | 1.88% | 2.56% | 1.88% | 1.55% |
Monthly Dividends
The table displays the monthly dividend distributions for MainStay S&P 500 Index 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $0.74 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.66 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.66 | $0.66 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.92 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.18 | $1.18 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.86 |
| 2014 | $0.74 | $0.74 |
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 S&P 500 Index 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 S&P 500 Index Fund was 55.30%, occurring on Mar 9, 2009. Recovery took 882 trading sessions.
The current MainStay S&P 500 Index Fund drawdown is 3.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -55.3% | Oct 10, 2007 | 354 | Mar 9, 2009 | 882 | Sep 6, 2012 | 1236 |
| -53.5% | Sep 5, 2000 | 523 | Oct 9, 2002 | 1194 | Jul 13, 2007 | 1717 |
| -39.86% | Dec 1, 2017 | 579 | Mar 23, 2020 | 246 | Mar 15, 2021 | 825 |
| -27.46% | Nov 19, 2021 | 278 | Dec 28, 2022 | 346 | May 15, 2024 | 624 |
| -19.17% | Jul 20, 1998 | 31 | Aug 31, 1998 | 60 | Nov 23, 1998 | 91 |
Volatility
Volatility Chart
The current MainStay S&P 500 Index Fund volatility is 3.01%, 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.