The MainStay Moderate Allocation Fund, Class R2 (MMRKX) is a mutual fund that aims to provide investors with a balanced portfolio of stocks and bonds. This fund is designed for moderate risk tolerance investors who are looking for a mix of growth and income. It primarily invests in a combination of equity and fixed income securities, with a focus on high-quality, large-cap companies. The Class R2 shares of this fund have a lower expense ratio compared to other share classes, making it a cost-effective option for investors. MMRKX offers a diversified and actively managed portfolio, making it a suitable choice for those seeking a balanced approach to investing.