- ISIN
- US56062F2285
- CUSIP
- 56062F228
- Issuer
- New York Life
- Inception Date
- Jan 21, 1971
- Category
- Large Cap Value Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
MUBFX Performance Chart
MainStay WMC Value Fund (MUBFX) is up 7.4% since the beginning of the year. MUBFX is currently trading at $36 per share. Investors who bought $1,000 worth of MUBFX shares 5 years ago would now be looking at an investment worth $1,615.
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Returns By Period
MainStay WMC Value Fund (MUBFX) has returned 7.39% so far this year and 19.72% over the past 12 months. Over the last ten years, MUBFX has returned 13.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
MainStay WMC Value Fund
- 1D
- -0.41%
- 1M
- -0.33%
- YTD
- 7.39%
- 6M
- 6.73%
- 1Y
- 19.72%
- 3Y*
- 13.78%
- 5Y*
- 10.06%
- 10Y*
- 13.06%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MUBFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1980, MUBFX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Oct 1982 with a return of +14.8%, while the worst month was Oct 1987 at -21.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MUBFX closed higher 48% of trading days. The best single day was Jan 25, 1984 with a return of +24.7%, while the worst single day was Jan 27, 1984 at -19.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.85% | 1.37% | -4.21% | 7.07% | 0.66% | -0.25% | 7.39% | ||||||
| 2025 | 5.15% | -0.39% | -2.10% | -3.46% | 3.14% | 2.83% | 0.12% | 3.38% | 0.84% | -0.40% | 3.54% | 1.53% | 14.74% |
| 2024 | -1.42% | 2.55% | 4.36% | -3.96% | 3.11% | -0.41% | 5.73% | 2.32% | 0.62% | -0.76% | 5.31% | -6.46% | 10.72% |
| 2023 | 4.09% | -3.63% | -1.59% | 1.62% | -4.15% | 6.10% | 4.83% | -2.72% | -3.00% | -3.54% | 6.66% | 5.59% | 9.62% |
| 2022 | -1.25% | -0.29% | 1.21% | -4.68% | 3.36% | -8.23% | 6.64% | -2.48% | -8.02% | 9.88% | 5.62% | -4.57% | -4.54% |
| 2021 | -0.92% | 5.36% | 4.31% | 6.06% | 1.79% | -0.96% | 1.36% | 2.03% | -3.47% | 5.47% | -3.33% | 8.52% | 28.60% |
Benchmark Metrics
MainStay WMC Value Fund has an annualized alpha of 4.00%, beta of 0.76, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 02, 1980.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (92.06%) than losses (83.68%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 4.00% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 4.00%
- Beta
- 0.76
- R²
- 0.61
- Upside Capture
- 92.06%
- Downside Capture
- 83.68%
Expense Ratio
MUBFX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MUBFX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MainStay WMC Value Fund (MUBFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MUBFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 2.78 | +0.22 |
| Martin ratioReturn relative to average drawdown | 11.42 | 12.44 | -1.02 |
Dividends
Dividend History
MainStay WMC Value Fund provided a 6.87% dividend yield over the last twelve months, with an annual payout of $2.51 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.51 | $2.51 | $1.67 | $1.36 | $1.68 | $25.91 | $1.77 | $3.61 | $4.20 | $4.69 | $0.96 | $7.21 |
Dividend yield | 6.87% | 7.38% | 5.24% | 4.49% | 5.82% | 81.14% | 3.79% | 8.43% | 11.90% | 11.15% | 2.53% | 19.99% |
Monthly Dividends
The table displays the monthly dividend distributions for MainStay WMC Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.51 | $2.51 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.67 | $1.67 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 | $1.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.68 | $1.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $25.91 | $25.91 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MainStay WMC Value 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 WMC Value Fund was 53.31%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.
The current MainStay WMC Value Fund drawdown is 1.72%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -53.31%Mar 2009 | 1y 2mo | 2y 1mo | 3y 4moDec 2007 - Apr 2011 |
COVID crash2020 | -39.31%Mar 2020 | 1mo 9d | 7mo 21d | 9moFeb 2020 - Nov 2020 |
Dot-com crash2000–2002 | -33.92%Oct 2002 | 1y 4mo | 1y 2mo | 2y 6moMay 2001 - Dec 2003 |
Black Monday1987 | -30.19%Dec 1987 | 4mo 5d | 1y 4mo | 1y 8moAug 1987 - May 1989 |
1984 bear market1984 | -26.93%Jul 1984 | 6mo 6d | 1y 7mo | 2y 1moJan 1984 - Feb 1986 |
Drawdown Indicators
| MUBFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.31% | -56.78% | +3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.67% | -9.10% | +2.43% |
Max Drawdown (3Y)Largest decline over 3 years | -14.19% | -18.90% | +4.71% |
Max Drawdown (5Y)Largest decline over 5 years | -15.61% | -25.43% | +9.82% |
Max Drawdown (10Y)Largest decline over 10 years | -39.31% | -33.92% | -5.39% |
Current DrawdownCurrent decline from peak | -1.72% | -1.80% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -10.71% | +4.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 2.03% | -0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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