MainStay Large Cap Growth Fund Class I (MLAIX)

11.18
Net Asset Value
+1.36%
1 Day
+7.40%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.77%
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. and traded primarily in markets outside the U.S.

Performance

1 month+2.38% 3 years+16.29%
3 months+3.14% 5 years+16.24%
1 year+13.17% Since inception+9.92%
Data through --

Peer Comparisonvs. Large growth

 MLAIXCategory
Performance 5-yr return+16.24%+14.60%
Expense ratio0.77%1.24%
Risk 5 year sharpe ratio0.970.99
Net assets$20.0B$2.7B
Average market cap$56.2B$68.9B
Average P/E24.923.3
Portfolio turnover74%74%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMainStay
Fund manager & tenureClark Winslow / 8 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00

Holdings

U.S. stock93.41%
International stock5.73%
Cash0.85%
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
UNP Union Pacific Corp4.33%
AAPL Apple Inc4.22%
V Visa Inc Class A3.40%
CELG Celgene Corp3.02%
PCLN Priceline Group Inc2.82%
BIDU Baidu Inc ADR2.51%
GILD Gilead Sciences Inc2.47%
MON Monsanto Co2.26%
FB Facebook Inc Class A2.20%
GOOGL Google Inc Class A2.16%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.