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MGIFX

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1d
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Analysis and statistics

  • Open
    12.4552$
  • Previous Close
    12.4552$
  • 52 Week Change
    --
  • 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

MGIFX.US represents MainStay MacKay Global Infrastructure Fund Class I. This fund is a mutual fund offered by MainStay Funds, and it focuses on investing in companies involved in infrastructure-related businesses around the world. It aims to provide investors with long-term capital appreciation and current income by primarily investing in equity securities of infrastructure companies.
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Factors

Market Interest Rates: Rising interest rates can decrease the value of bond funds like MGIFX.US as newly issued bonds offer higher yields.

Credit Quality of Holdings: Deterioration in the creditworthiness of bonds held by the fund can lead to price declines.

Fund Management Strategy: Investment decisions made by the fund manager can impact performance and thus the fund's price.

Inflation Expectations: Higher inflation expectations typically lead to lower bond prices, affecting the fund's value.

Economic Growth: Strong economic growth can put upward pressure on interest rates, potentially lowering bond prices.

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