MainStay Cornerstone Growth Fund Class A (KLGAX)

36.12
Net Asset Value
+1.60%
1 Day
+5.15%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
5.5
Sales Expenses
1.16%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of its assets in common stocks of large capitalization growth companies with market capitalizations that- at the time of investment- are similar to companies in the Russell 1000- Growth Index. The Subadvisor uses a quantitative model that is designed to evaluate individual issuers and securities across multiple criteria- including valuation- momentum and market sentiment.

Performance

1 month-2.46% 3 years+11.03%
3 months+7.75% 5 years+12.78%
1 year+28.29% Since inception+9.00%
Data through --

Peer Comparisonvs. Large growth

 KLGAXCategory
Performance 5-yr return+12.78%+15.29%
Expense ratio1.16%1.11%
Risk 5 year sharpe ratio1.101.37
Net assets$704.6M$3.7B
Average market cap$70.2B$144.1B
Average P/E23.928.7
Portfolio turnover139%139%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureMigene Kim / 1 Years
Minimal initial investment$25,000.00
Minimum IRA investment--

Holdings

U.S. stock99.22%
International stock0.77%
Cash0.01%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.47%
Hardware 12.42%
Telecommunication 11.78%
Consumer service 11.13%
Healthcare 10.51%
Top 10 Holdings
Portfolio weighting
AAPL Apple6.71%
MSFT Microsoft5.43%
AMZN Amazon3.53%
FB Facebook3.31%
GOOG Google2.55%
GOOGL Google2.54%
HD Home Depot2.21%
UNH UnitedHealth2.15%
V Visa1.90%
BA Boeing1.82%