MainStay ICAP Equity Fund Class I (ICAEX)

50.99
Net Asset Value
+0.47%
1 Day
-0.60%
Year-to-Date
Overall Morningstar Rating
Large value
Style or Category
No Load
Sales Expenses
0.91%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund invests primarily in U.S. dollar-denominated equity securities of U.S. and foreign companies with market capitalizations (at the time of investment) of at least $3 billion. It seeks to achieve a total return greater than the Russell 1000 ® Value Index over longer periods of time and indices comprised of value-oriented stocks over shorter periods of time. The fund typically holds between 40 and 50 securities. It will invest at least 80% of its assets (net assets plus any borrowings for investment purposes) in common stocks and other equity securities.

Performance

1 month-1.75% 3 years+15.84%
3 months+5.55% 5 years+14.07%
1 year+12.84% Since inception+10.45%
Data through --

Peer Comparisonvs. Large value

 ICAEXCategory
Performance 5-yr return+14.07%+13.45%
Expense ratio0.91%1.16%
Risk 5 year sharpe ratio1.031.02
Net assets$1.2B$2.6B
Average market cap$58.0B$83.5B
Average P/E17.915.9
Portfolio turnover58%58%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJerrold Senser / 20 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00

Holdings

U.S. stock87.25%
International stock10.71%
Cash2.04%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 22.49%
Energy 16.43%
Healthcare 14.87%
Consumer goods 12.98%
Industrial materials 9.17%
Top 10 Holdings
Portfolio weighting
CMCSA Comcast Corp Class A4.82%
GE General Electric Co4.57%
BA Boeing Co4.11%
PFE Pfizer Inc4.02%
COV Covidien PLC3.67%
BAC Bank of America Corporation3.61%
MON Monsanto Co3.48%
VIAB Viacom Inc Class B3.18%
HON Honeywell International Inc3.15%
C Citigroup Inc3.03%

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