Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

MainStay Cushing® MLP Premier Fund Class I (CSHZX)

9.26
Net Asset Value
+0.65%
1 Day
-31.15%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
6.73%
Expense Ratio
Above Average
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-21.53% 3 years-17.48%
3 months-38.71% 5 years-9.00%
1 year-52.59% Since inception-4.34%
Data through --

Peer Comparisonvs. Energy limited partnership

 CSHZXCategory
Performance 5-yr return-9.00%+0.49%
Expense ratio6.73%3.90%
Risk 5 year sharpe ratio-0.30-0.12
Net assets$975.1M$603.2M
Average market cap$8.1B$7.6B
Average P/E23.519.0
Portfolio turnover32%32%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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

Holdings

U.S. stock92.41%
International stock4.79%
Cash2.79%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
EPD Enterprise Products Partners LP6.34%
KMI Kinder Morgan5.89%
ETE Energy Transfer Equity LP5.57%
EQM EQT Midstream Partners LP5.33%
ETP Energy Transfer Partners LP5.15%
TLLP Tesoro Logistics LP5.02%
GEL Genesis Energy LP4.42%
SXL Sunoco Logistics Partners LP4.36%
WPZ Williams Partners LP3.99%
PAA Plains All American Pipeline LP3.90%

Partner Offers