MainStay Large Cap Growth Fund Class I (MLAIX)

10.72
Net Asset Value
-1.29%
1 Day
+2.49%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.74%
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-0.28% 3 years+15.83%
3 months+1.23% 5 years+14.89%
1 year+16.31% Since inception+10.20%
Data through --

Peer Comparisonvs. Large growth

 MLAIXCategory
Performance 5-yr return+14.89%+13.86%
Expense ratio0.74%1.21%
Risk 5 year sharpe ratio0.950.96
Net assets$19.2B$2.7B
Average market cap$68.5B$73.6B
Average P/E27.021.3
Portfolio turnover67%67%

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 / 9 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment$5,000,000.00

Holdings

U.S. stock92.75%
International stock6.74%
Cash0.51%
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
AAPL Apple5.90%
V Visa3.96%
UNP Union Pacific3.78%
BIIB Biogen2.68%
CELG Celgene2.66%
MCK McKesson Corp2.44%
MON Monsanto2.19%
FB Facebook2.11%
GOOGL Google2.10%
GOOG Google2.09%

To view my watchlist

Not a member yet?

Sign up now for a free account

Partner Financial Offers