MainStay Large Cap Growth Fund Class I (MLAIX)

10.58
Net Asset Value
-0.84%
1 Day
+8.96%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.75%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in large capitalization companies- which are companies having a market capitalization in excess of $4 billion at the time of purchase. The Subadvisor invests substantially all of the fund's investable assets in domestic securities. However- the fund is permitted to invest up to 20% of its net assets in foreign securities- which are generally securities issued by companies organized outside the U.S. or that trade primarily in non-U.S. securities markets.

Performance

1 month-1.49% 3 years+12.82%
3 months+1.15% 5 years+16.07%
1 year+29.54% Since inception+10.76%
Data through --

Peer Comparisonvs. Large growth

 MLAIXCategory
Performance 5-yr return+16.07%+13.81%
Expense ratio0.75%1.10%
Risk 5 year sharpe ratio1.171.18
Net assets$12.0B$3.6B
Average market cap$112.9B$149.6B
Average P/E33.227.1
Portfolio turnover61%61%

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Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureJustin Kelly / 12 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

U.S. stock94.13%
International stock5.26%
Cash0.61%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 12.96%
Hardware 12.67%
Consumer service 11.79%
Financial service 10.50%
Energy 10.20%
Top 10 Holdings
Portfolio weighting
AMZN Amazon6.03%
MSFT Microsoft5.74%
V Visa4.43%
FB Facebook3.97%
CRM Salesforce.com3.65%
UNH UnitedHealth3.02%
GOOG Google2.70%
GOOGL Google2.47%
MA MasterCard2.44%
BABA Alibaba Group Holding Ltd2.05%