MainStay ICAP Equity Fund Class I (ICAEX)

52.10
Net Asset Value
+1.42%
1 Day
+1.56%
Year-to-Date
Overall Morningstar Rating
Large value
Style or Category
No Load
Sales Expenses
0.89%
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-1.57% 3 years+14.24%
3 months+0.60% 5 years+12.85%
1 year+10.74% Since inception+10.53%
Data through --

Peer Comparisonvs. Large value

 ICAEXCategory
Performance 5-yr return+12.85%+13.45%
Expense ratio0.89%1.15%
Risk 5 year sharpe ratio1.061.04
Net assets$1.1B$2.5B
Average market cap$53.7B$84.3B
Average P/E18.016.7
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. stock89.20%
International stock8.50%
Cash2.30%
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
BA Boeing4.56%
CMCSA Comcast4.44%
GE General Electric4.23%
OXY Occidental Petroleum3.62%
MON Monsanto3.51%
HON Honeywell3.19%
PFE Pfizer3.17%
BAC Bank of America3.12%
GS Goldman Sachs3.11%
C Citigroup2.98%

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