The MainStay MacKay S&P 500 Index Fund, Class I (ticker: MSPIX) is a mutual fund that seeks to track the performance of the S&P 500 Index, a widely recognized benchmark for the overall U.S. stock market. This fund is designed for institutional investors and has a lower expense ratio compared to other share classes, making it an attractive option for those looking for low-cost exposure to the S&P 500. With a focus on large-cap U.S. companies, this fund offers investors a diversified portfolio and the potential for long-term growth.
For Mutual Funds, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the Mutual Fund's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual Mutual Fund ticker.