MainStay Large Cap Growth Fund Class I (MLAIX)

11.29
Net Asset Value
-0.53%
1 Day
+16.27%
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+3.51% 3 years+14.30%
3 months+8.69% 5 years+17.08%
1 year+28.28% Since inception+11.15%
Data through --

Peer Comparisonvs. Large growth

 MLAIXCategory
Performance 5-yr return+17.08%+13.81%
Expense ratio0.75%1.10%
Risk 5 year sharpe ratio1.201.17
Net assets$12.6B$3.6B
Average market cap$109.1B$154.1B
Average P/E33.826.8
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. stock95.53%
International stock4.08%
Cash0.39%
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 Amazon6.26%
MSFT Microsoft5.73%
V Visa4.58%
FB Facebook4.01%
CRM Salesforce.com3.81%
UNH UnitedHealth3.50%
GOOG Google2.50%
MA MasterCard2.48%
ADBE Adobe2.43%
GOOGL Google2.28%