MainStay Convertible A  MCOAX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Convertibles Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Large
   Growth
  
  
   Avg Duration
   2.00 Yrs
   Avg Credit Quality
   BB
As of 2009-09-30
Day Change
$ -0.06
  
NAV (2009-11-20)
$ 13.35
  
YTD Return % (2009-11-20)
35.64%
  
Total Assets ($ mil)
652
View Data Definitions
  Performance    
Growth of $10,000 Fund: MainStay Convertible A
(from 1999-01-01 to 2009-10-31) Category: Convertibles
Index: Morningstar Moderate Target Risk
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1995-01-03 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 35.64 56.10 1.35 4.66 5.05 7.64
+/- Category 2.63 23.89 2.63 1.91 0.68 ---
+/- Morningstar Moderate Target Risk 15.07 25.01 0.19 -0.16 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 26.74 4.90 0.58 3.82 4.86 7.36
Month-End (as of 2009-10-31) 25.11 24.84 -0.85 3.69 4.46 7.23
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 23.56 -1.93 2.84 2.47 ---
On Distribution & Sale of Shares --- 16.03 -1.08 2.82 2.65 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 66 funds), (5 yrs : out of 61 funds), (10 yrs : out of 44 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 5.50%, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 16.86
Software 10.71
Hardware 6.15
Media 0.00
Telecommunications 0.00
Service 24.93
Healthcare 6.51
Consumer Services 9.41
Business Services 6.69
Financial Services 2.32
Manufacturing 58.21
Consumer Goods 14.08
Industrial Materials 4.86
Energy 39.27
Utilities 0.00
Bond Quality % of Bonds
AAA 0.0
AA 3.8
A 9.8
BBB 21.8
BB 28.4
B 30.6
Below B 3.9
Not Rated 1.7
 
Asset Allocation
% of Net Assets
Cash 3.9
Stocks 7.3
Bonds 7.8
Other 81.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings 17 Turnover % 103
Total Number of Bond Holdings 7 30 Day SEC Yield % 1.85
% of Assets in Top 10 Holdings 25.23 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Schlumberger Cv 2.125% --- --- --- 3.55
Core Labs 0.25% --- --- --- 3.07
Bk Amer Pfd --- --- --- 2.76
Teva Pharma Fin Cv 1.75% --- --- --- 2.67
Chesapeake Engy Cv 2.5% --- --- --- 2.63
Transocean Sedco Forex Cv 1.5% --- --- 2.41
MEDTRONIC --- --- 2.15
Covanta Hldg Cv 1% --- --- 2.13
Cameron Intl 2.5% --- --- 1.94
Sybase 144A Cv 3.5% --- --- 1.92
Data through 2009-09-30
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1995-01-03
Portfolio Manager  (Start Date)
Edward Silverstein  (2001-05-01)
Edward is Director and Head of the Convertible Division. He joined MacKay Shields as a Research Analyst in 1998 and became Portfolio Manager/Research Analyst in 1999. Prior to joining MacKay Shields, he was most recently a Portfolio Manager for three years at the Bank of New York after having been a law clerk for two years at the Bank. In addition, he was an intern at the New York Stock Exchange Enforcement Division. Edward has a BS in Accounting from the University of Vermont, a MBA from Baruch College and a JD from Brooklyn Law School. Ed became a holder of the Chartered Financial Analyst designation in 1999 and is also a member of the New York State Bar. He has been in the investment management and research industry since 1995.
Sales Charge %
(taken from prospectus dated 2009-08-01)
Front: 5.50
Deferred: None
Expense Ratio % 1.13
based on net assets
(taken from annual report dated 2008-10-31)
Correspondence Information

169 Lackawanna Ave.
Parsippany,  NJ  07054
United States
Telephone:
800-624-6782
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.