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MainStay Cushing® Energy Income Fund Investor Class (CURNX)

4.23
Net Asset Value
+0.71%
1 Day
-11.32%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
5.5
Sales Expenses
1.89%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks current income and capital appreciation. Under normal market conditions- the fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of energy companies involved in exploring- developing- producing- transporting- gathering and processing- storing- refining- distributing- mining or marketing natural gas- natural gas liquids (including propane)- crude oil- refined products or coal ("Energy Companies"). It is non-diversified.

Performance

1 month-0.95% 3 years-28.18%
3 months+7.85% 5 years--
1 year+0.12% Since inception-30.82%
Data through --

Peer Comparisonvs. Equity energy

 CURNXCategory
Performance 5-yr return---4.71%
Expense ratio1.89%1.43%
Risk 5 year sharpe ratio-0.80-0.08
Net assets$55.7M$666.3M
Average market cap$16.8B$29.6B
Average P/E--27.0
Portfolio turnover64%64%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerry Swank / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

U.S. stock53.79%
International stock35.50%
Fixed income7.21%
Other3.49%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
RDSA Royal Dutch Shell7.55%
PXD Pioneer Natural Resources Co5.70%
ETP Energy Transfer Partners LP5.57%
GMLP Golar LNG Partners LP4.90%
GLOP GasLog Partners LP4.86%
BP BP4.81%
TRGP Targa Resources Corp4.79%
CVX Chevron4.25%
STO Statoil4.06%
TOT Total4.02%