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MainStay Growth Allocation Fund Class I (MGXIX)

16.17
Net Asset Value
+0.19%
1 Day
+3.72%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.36%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in other MainStay funds (the "underlying funds"). It seeks to achieve its investment objective by normally investing substantially all of its assets in underlying equity funds (normally within a range of 90% to 100%). The underlying equity funds may consist of approximately 25% (within a range of 15% to 35%) of international equity funds.

Performance

1 month+0.56% 3 years+15.99%
3 months-0.25% 5 years+13.41%
1 year+6.71% Since inception+7.21%
Data through --

Peer Comparisonvs. Large blend

 MGXIXCategory
Performance 5-yr return+13.41%+15.84%
Expense ratio1.36%1.10%
Risk 5 year sharpe ratio1.121.23
Net assets$343.2M$3.8B
Average market cap$21.6B$102.0B
Average P/E18.918.1
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJonathan Swaney / 10 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00

Holdings

U.S. stock66.62%
International stock29.80%
Cash2.61%
Fixed income0.85%
Other0.23%
Top 5 Sectors
Portfolio weighting
Financial service 17.51%
Industrial materials 13.72%
Energy 11.71%
Healthcare 11.08%
Consumer goods 10.52%
Top 10 Holdings
Portfolio weighting
MYCIX Mainstay U.S. Equity Opportunities Fund Class I13.86%
MUBFX MainStay MAP Fund Class I13.67%
MOPIX MainStay U.S. Small Cap Fund Class I11.64%
ICEUX MainStay ICAP International Fund Class I8.83%
ICAEX MainStay ICAP Equity Fund Class I8.51%
MLAIX MainStay Large Cap Growth Fund Class I8.06%
MYIIX Mainstay International Opportunities Fund Class I7.30%
MEOIX MainStay Emerging Markets Opportunities Fund Class I6.30%
MATIX MainStay Epoch U.S. All Cap Fund Class I5.64%
CRZZX MainStay Cushing® Renaissance Advantage Fund Class I4.95%