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MainStay Cushing® MLP Premier Fund Class I (CSHZX)

19.02
Net Asset Value
-0.78%
1 Day
-12.31%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
6.73%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to produce current income and capital appreciation. The fund, under normal market conditions, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of master limited partnership ("MLP") investments. Entities commonly referred to as "MLPs" are generally treated as partnerships for U.S. federal income tax purposes and are generally organized under state law as limited partnerships or limited liability companies. The fund may invest in companies of any market capitalization size. It is non-diversified.

Performance

1 month-4.67% 3 years+5.83%
3 months-9.61% 5 years--
1 year-14.59% Since inception+6.57%
Data through --

Peer Comparisonvs. Energy limited partnership

 CSHZXCategory
Performance 5-yr return--+8.51%
Expense ratio6.73%3.99%
Risk 5 year sharpe ratio--0.93
Net assets$1.9B$988.8M
Average market cap$11.2B$10.7B
Average P/E27.524.9
Portfolio turnover21%21%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerry Swank / 4 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock91.76%
International stock4.34%
Cash3.91%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
KMI Kinder Morgan7.32%
ETE Energy Transfer Equity LP5.72%
WMB Williams Companies5.39%
ETP Energy Transfer Partners LP4.40%
EQM EQT Midstream Partners LP4.21%
ENLK EnLink Midstream Partners LP4.04%
EPD Enterprise Products Partners LP4.04%
TRGP Targa Resources Corp3.95%
EEP Enbridge Energy Partners LP3.72%
TLLP Tesoro Logistics LP3.62%