MainStay Retirement 2050 Fund Class I (MSRMX)

11.31
Net Asset Value
+0.18%
1 Day
+5.41%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
1.29%
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 10% (within a range of 0% to 20%) of its assets in underlying fixed-income funds and approximately 90% (within a range of 80% to 100%) 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+1.16% 3 years+16.05%
3 months+2.91% 5 years+12.93%
1 year+18.39% Since inception+4.57%
Data through --

Peer Comparisonvs. Target date 2046-2050

 MSRMXCategory
Performance 5-yr return+12.93%+14.69%
Expense ratio1.29%1.08%
Risk 5 year sharpe ratio0.980.98
Net assets$72.9M$599.6M
Average market cap$26.7B$31.7B
Average P/E17.018.1
Portfolio turnover63%63%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJonathan Swaney / 7 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock64.45%
International stock26.78%
Fixed income5.59%
Cash4.57%
Other0.06%
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
MATIX MainStay Epoch US All Cap I12.78%
ICEUX MainStay ICAP International I11.04%
MSOIX MainStay Common Stock I10.55%
IWM iShares Russell 200010.14%
MUBFX MainStay MAP I10.12%
MLAIX MainStay Large Cap Growth I9.18%
MSPIX MainStay S&P 500 Index I8.90%
ICAEX MainStay ICAP Equity I6.55%
MSIIX MainStay International Equity I5.58%
EPIEX MainStay Epoch International Sm Cp I3.59%

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