MainStay Cushing® Energy Income Fund Class I (CURZX)

4.48
Net Asset Value
+1.59%
1 Day
-2.18%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
1.55%
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-7.44% 3 years-16.24%
3 months+4.97% 5 years-19.12%
1 year-1.22% Since inception-16.08%
Data through --

Peer Comparisonvs. Equity energy

 CURZXCategory
Performance 5-yr return-19.12%-3.66%
Expense ratio1.55%1.39%
Risk 5 year sharpe ratio-0.70-0.09
Net assets$53.4M$704.8M
Average market cap$17.2B$6.1B
Average P/E21.79.0
Portfolio turnover51%51%

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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. stock50.55%
International stock37.28%
Fixed income7.17%
Other3.62%
Cash1.37%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
PXD Pioneer Natural Resources Co6.76%
RDSA Royal Dutch Shell6.61%
GMLP Golar LNG Partners LP6.06%
TRGP Targa Resources Corp5.35%
GLOP GasLog Partners LP5.34%
STO Statoil5.28%
CVX Chevron5.11%
BP BP4.72%
TOT Total4.64%
ETP Energy Transfer Partners LP4.04%