Investment Test Drive

MGVAX MainStay Government A

4 lower fee alternatives found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Fund MGVAX MainStay Government A AGZ iShares Agency Bond FTGLX Federated Total Return Govt Bd R6  
100% 85% 88%
Annual Fees
(1.00% Exp. Ratio)
(0.20% Exp. Ratio)
(0.30% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.11% annual return
$13,831.26 $17,608.49 $17,086.79
Est. savings over 30 yrs +$3,777.23 +$3,255.54
As of 12/31/16
1 YR RETURN 0.62%
3 YR 1.81%
5 YR 1.17%
10 YR 3.30%
1 YR RETURN 1.30%
3 YR 1.95%
5 YR 1.29%
10 YR --
1 YR RETURN 1.29%
3 YR 1.88%
5 YR 1.22%
10 YR 3.78%
The investment seeks current income. The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in U.S. government securities. Its principal investments are debt securities issued or guaranteed by the U.S. government, its agencies and instrumentalities. The fund may invest up to 20% of its net assets in mortgage-related and asset-backed securities or other investment grade debt securities that are not U.S. government securities.
The investment seeks to track the investment results of the Bloomberg Barclays U.S. Agency Bond Index. The underlying index measures the performance of the agency sector of the U.S. government bond market and is comprised of investment-grade U.S. dollar-denominated bonds or debentures issued by government and government-related agencies, including the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. The fund generally will invest at least 90% of its assets in the component securities of the underlying index.
The investment seeks total return consistent with current income. The fund's overall strategy is to invest in a portfolio consisting primarily of U.S. Treasury securities, U.S. government agency securities and related derivative contracts. It buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in U.S. government investments.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


Your Feedback has been sent successfully!