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

6.73
Net Asset Value
-4.94%
1 Day
-34.15%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
1.63%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to produce current income and capital appreciation. The fund invests at invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of (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-- 3 years--
3 months-- 5 years--
1 year-- Since inception-18.85%
Data through --

Peer Comparisonvs. Equity energy

 CURZXCategory
Performance 5-yr return--+4.40%
Expense ratio1.63%1.52%
Risk 5 year sharpe ratio--0.30
Net assets$207.5M$740.9M
Average market cap$6.6B$30.6B
Average P/E11.315.5
Portfolio turnover27%27%

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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. stock77.63%
International stock12.52%
Cash9.82%
Fixed income0.03%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
MEMP Memorial Production Partners LP6.65%
VNR Vanguard Natural Resources LLC5.53%
EVEP EV Energy Partners LP5.45%
LGCY Legacy Reserves LP5.33%
OXY Occidental Petroleum4.38%
XOM Exxon Mobil3.79%
CVX Chevron3.72%
DMLP Dorchester Minerals LP3.54%
EOG EOG Resources Inc3.49%
PXD Pioneer Natural Resources Co3.12%