MainStay Retirement 2050 Fund Class I (MSRMX)

11.29
Net Asset Value
-0.27%
1 Day
+3.11%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
1.26%
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+3.10% 3 years+13.11%
3 months+2.59% 5 years+11.92%
1 year+7.77% Since inception+5.15%
Data through --

Peer Comparisonvs. Target date 2046-2050

 MSRMXCategory
Performance 5-yr return+11.92%+10.07%
Expense ratio1.26%1.03%
Risk 5 year sharpe ratio0.940.90
Net assets$82.4M$637.1M
Average market cap$26.5B$31.2B
Average P/E18.618.1
Portfolio turnover51%51%

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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. stock64.56%
International stock25.81%
Cash5.60%
Fixed income3.99%
Other0.03%
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 I11.94%
MATIX MainStay Epoch U.S. All Cap Fund Class I11.00%
ICEUX MainStay ICAP International Fund Class I10.78%
IWM iShares Russell 2000 ETF10.26%
MSOIX MainStay Common Stock Fund Class I10.10%
MUBFX MainStay MAP Fund Class I9.83%
MSPIX MainStay S&P 500 Index Fund Class I8.31%
ICAEX MainStay ICAP Equity Fund Class I6.92%
MSIIX MainStay International Equity Fund Class I5.26%
EPIEX MainStay Epoch International Small Cap Fund Class I3.56%

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