MainStay Cushing® MLP Premier Fund Class I (CSHZX)

24.44
Net Asset Value
+0.37%
1 Day
+11.29%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
9.17%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to produce current income and capital appreciation. The fund seeks to achieve its investment objective by investing primarily in a portfolio of master limited partnership ("MLP") investments. Under normal market conditions, it invests at least 80% of its net assets (plus borrowings for investment purposes) in MLP investments. The fund focuses primarily on midstream MLPs ("Midstream MLPs") whose business models are often referred to as "toll road" businesses. It is non-diversified.

Performance

1 month+1.51% 3 years+15.49%
3 months+7.83% 5 years--
1 year+25.30% Since inception+11.12%
Data through --

Peer Comparisonvs. Energy limited partnership

 CSHZXCategory
Performance 5-yr return----
Expense ratio9.17%6.34%
Risk 5 year sharpe ratio----
Net assets$1.8B$1.2B
Average market cap$8.2B--
Average P/E26.1--
Portfolio turnover27%27%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerry Swank / 3 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock91.53%
International stock4.92%
Cash3.10%
Fixed income0.45%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETE Energy Transfer Equity LP5.26%
ACMP Access Midstream Partners LP4.92%
OKE ONEOK Inc4.21%
TRGP Targa Resources Corp3.95%
EPD Enterprise Products Partners LP3.92%
ETP Energy Transfer Partners, L.P.3.92%
NGL NGL Energy Partners LP3.82%
WMB Williams Companies Inc3.81%
GEL Genesis Energy LP3.70%
KMR Kinder Morgan Management LLC3.43%

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