MainStay Retirement 2050 Fund Class A (MSRLX)

12.29
Net Asset Value
+0.66%
1 Day
+2.50%
Year-to-Date
Overall Morningstar Rating
Target-date 2050
Style or Category
5.5
Sales Expenses
1.37%
Expense Ratio
Above 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 and ETFs managed by New York Life Investments or its affiliates. It seeks to achieve its investment objective by normally investing approximately 12% (within a range of 2% to 22%) of its assets in underlying fixed-income funds and approximately 88% (within a range of 78% to 98%) of its assets in underlying equity funds.

Performance

1 month0.00% 3 years+6.98%
3 months-0.08% 5 years+8.75%
1 year+14.47% Since inception+5.39%
Data through --

Peer Comparisonvs. Target-date 2050

 MSRLXCategory
Performance 5-yr return+8.75%+8.91%
Expense ratio1.37%0.85%
Risk 5 year sharpe ratio0.920.91
Net assets$123.5M$1.2B
Average market cap$31.5B$37.2B
Average P/E18.317.8
Portfolio turnover48%48%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJonathan Swaney / 10 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

U.S. stock61.27%
International stock31.19%
Fixed income3.76%
Cash2.25%
Other1.53%
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
MLRSX MainStay Large Cap Growth Fund Class R611.15%
MAWDX MainStay Epoch U.S. All Cap Fund Class R68.87%
ICEUX MainStay Epoch International Choice Fund Class I8.57%
MSOIX MainStay MacKay Common Stock Fund Class I7.73%
CLRG IQ Chaikin U.S. Large Cap ETF6.74%
CSML IQ Chaikin U.S. Small Cap ETF6.66%
MUBFX MainStay MAP Equity Fund Class I5.95%
HFXI IQ 50 Percent Hedged FTSE International ETF5.94%
EPLDX MainStay Epoch U.S. Equity Yield Fund Class R65.93%
MSPIX MainStay MacKay S&P 500 Index Fund Class I4.64%