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MCBAX

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Analysis and statistics

  • Open
    13.9515$
  • Previous Close
    13.9515$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

MCBAX.US refers to the MainStay CBRE Global Infrastructure Fund Class A. It is a mutual fund managed by MainStay Funds and sub-advised by CBRE Investment Management. The fund primarily invests in equity securities of infrastructure companies located around the globe, aiming to provide long-term capital appreciation and income. These infrastructure companies typically own or operate assets such as utilities, pipelines, toll roads, airports, and communication infrastructure. The fund's performance is subject to market fluctuations and the risks associated with investing in global equities and infrastructure-related sectors.
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Factors

Fund Performance: MCBAX's historical and current performance directly impacts its price. Strong returns attract investors, increasing demand and the fund's net asset value (NAV).

Market Conditions: Overall market trends, such as bull or bear markets, significantly influence the fund's price. Positive market sentiment generally drives up the NAV, while negative sentiment can decrease it.

Interest Rates: Changes in interest rates can affect the value of the fund's fixed-income holdings, impacting its overall price. Rising rates may decrease bond values, while falling rates may increase them.

Expense Ratio: The fund's expense ratio, which covers management fees and operating expenses, impacts the return investors receive and the overall attractiveness of the fund.

Investor Demand: High demand for MCBAX pushes its price upwards, while increased selling pressure can lead to a price decline. Fund flows in and out reflect investor sentiment.

Economic Data: Key economic indicators such as GDP growth, inflation, and unemployment rates can influence market sentiment and investment decisions, ultimately affecting the fund's price.

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