MainStay Retirement 2050 Fund Class A (MSRLX)

11.47
Net Asset Value
+0.17%
1 Day
+5.33%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
5.5
Sales Expenses
1.50%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return over time consistent with its current investment allocation. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in mutual funds managed by New York Life Investments. It seeks to achieve its investment objective by normally investing approximately 11% (within a range of 1% to 21%) of its assets in underlying fixed-income funds and approximately 89% (within a range of 79% to 99%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 22% (within a range of 12% to 32%) of international equity funds.

Performance

1 month+1.50% 3 years+14.17%
3 months+5.62% 5 years+10.47%
1 year+10.93% Since inception+4.71%
Data through --

Peer Comparisonvs. Target date 2046-2050

 MSRLXCategory
Performance 5-yr return+10.47%+9.81%
Expense ratio1.50%1.03%
Risk 5 year sharpe ratio0.830.82
Net assets$83.8M$639.6M
Average market cap$26.3B$32.2B
Average P/E19.918.8
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJonathan Swaney / 7 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock61.74%
International stock24.11%
Cash7.35%
Fixed income6.76%
Other0.04%
Top 5 Sectors
Portfolio weighting
Financial service 17.93%
Industrial materials 13.84%
Energy 11.98%
Healthcare 10.69%
Consumer goods 10.15%
Top 10 Holdings
Portfolio weighting
MLAIX MainStay Large Cap Growth Fund Class I13.39%
MATIX MainStay Epoch U.S. All Cap Fund Class I12.22%
ICEUX MainStay ICAP International Fund Class I9.94%
IWM iShares Russell 2000 ETF9.87%
MSOIX MainStay Common Stock Fund Class I9.53%
MUBFX MainStay MAP Fund Class I8.68%
MSPIX MainStay S&P 500 Index Fund Class I6.35%
ICAEX MainStay ICAP Equity Fund Class I5.03%
MSIIX MainStay International Equity Fund Class I4.40%
EPIEX MainStay Epoch International Small Cap Fund Class I3.37%

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