Correlation
The correlation between MKTRX and PIMIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
MKTRX vs. PIMIX
Compare and contrast key facts about MainStay Income Builder Fund (MKTRX) and PIMCO Income Fund Institutional Class (PIMIX).
MKTRX is managed by New York Life Investments. It was launched on Dec 28, 1987. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKTRX or PIMIX.
Performance
MKTRX vs. PIMIX - Performance Comparison
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Key characteristics
Returns By Period
MKTRX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
PIMIX
2.87%
-0.05%
2.77%
8.06%
5.30%
4.23%
4.26%
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MKTRX vs. PIMIX - Expense Ratio Comparison
MKTRX has a 1.95% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
MKTRX vs. PIMIX — Risk-Adjusted Performance Rank
MKTRX
PIMIX
MKTRX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Income Builder Fund (MKTRX) and PIMCO Income Fund Institutional Class (PIMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
MKTRX vs. PIMIX - Dividend Comparison
MKTRX has not paid dividends to shareholders, while PIMIX's dividend yield for the trailing twelve months is around 6.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTRX MainStay Income Builder Fund | 1.36% | 1.97% | 0.85% | 1.48% | 1.47% | 0.64% | 1.90% | 3.75% | 4.15% | 2.30% | 6.19% | 7.20% |
PIMIX PIMCO Income Fund Institutional Class | 6.23% | 6.27% | 6.73% | 6.39% | 4.02% | 4.84% | 5.82% | 5.64% | 5.39% | 5.57% | 7.93% | 6.53% |
Drawdowns
MKTRX vs. PIMIX - Drawdown Comparison
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Volatility
MKTRX vs. PIMIX - Volatility Comparison
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