MainStay Cushing® Royalty Energy Income Fund Class I (CURZX)

18.67
Net Asset Value
-0.37%
1 Day
-0.05%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
2.44%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to produce current income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in (i) energy-related U.S. royalty trusts and Canadian royalty trusts and exploration and production ("E&P") companies (collectively, "Energy Trusts"), (ii) E&P master limited partnerships ("MLPs") and (iii) securities of other companies based in North America that are principally engaged in activities in the energy sector ("Other Energy Companies", and together with Energy Trusts and MLPs, "Energy Companies"). It is non-diversified.

Performance

1 month-1.74% 3 years--
3 months-1.45% 5 years--
1 year+10.16% Since inception+7.20%
Data through --

Peer Comparisonvs. Equity energy

 CURZXCategory
Performance 5-yr return--+13.31%
Expense ratio2.44%1.57%
Risk 5 year sharpe ratio--0.58
Net assets$173.2M$934.7M
Average market cap$2.3B$39.5B
Average P/E--16.8
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerry Swank / 2 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock78.04%
International stock19.84%
Cash2.12%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
LGCY Legacy Reserves LP8.48%
BBEP BreitBurn Energy Partners LP8.47%
EVEP EV Energy Partners LP8.45%
VNR Vanguard Natural Resources LLC7.86%
LINE Linn Energy LLC7.68%
MEMP Memorial Production Partners LP6.72%
QRE QR Energy LP6.55%
MCEP Mid-Con Energy Partners LP6.51%
ARP Atlas Resource Partners LP6.30%
-- Crescent Point Energy Corp4.23%

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