MainStay Cushing® MLP Premier Fund Class I (CSHZX)

12.40
Net Asset Value
-0.24%
1 Day
-0.80%
Year-to-Date
Overall Morningstar Rating
Energy limited partnership
Style or Category
No Load
Sales Expenses
1.28%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks 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 partnerships ("MLPs") and MLP-related investments. "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-7.35% 3 years-8.49%
3 months+6.91% 5 years-1.87%
1 year-13.42% Since inception+1.79%
Data through --

Peer Comparisonvs. Energy limited partnership

 CSHZXCategory
Performance 5-yr return-1.87%-0.05%
Expense ratio1.28%1.82%
Risk 5 year sharpe ratio0.040.06
Net assets$1.4B$851.5M
Average market cap$8.1B$9.5B
Average P/E22.222.6
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerry Swank / 7 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock94.56%
International stock2.97%
Cash1.35%
Other1.12%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETP Energy Transfer Partners LP8.64%
WPZ Williams Partners LP5.88%
EPD Enterprise Products Partners LP5.78%
TRGP Targa Resources Corp5.47%
MPLX MPLX LP5.21%
ANDX Andeavor Logistics LP4.56%
ETE Energy Transfer Equity LP4.50%
DCP DCP Midstream LP4.20%
ENLK EnLink Midstream Partners LP4.14%
OKE ONEOK Inc4.01%