MainStay CBRE Real Estate A (CLARX)
10.61
+0.07 (+0.66%)
USD |
Jan 25
Returns Chart
Key Stats
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| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.18% | 368.71M | 2.61% | 88.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -283.47M | -7.68% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in common and preferred stocks of U.S. real estate investment trusts ("REITs") and other real estate companies. The Sub-Adviser may invest in companies with any market capitalization. However, the Sub-Adviser will generally not invest in companies with a market capitalization of less than $100 million at the time of purchase. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | CRARX |
| Equity Style | Mid Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | New York Life Investment Management LLC |
| Prospectus Benchmark Index | |
| FTSE Nareit All Equity REITs TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| T. Ferguson | 24.02 yrs |
| Joseph Smith | 15.27 yrs |
| Jonathan Miniman | 1.01 yrs |
| Kenneth Weinberg | 1.01 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
87
-283.47M
-3.558B
Category Low
1.861B
Category High
3 Months
% Rank:
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Category High
3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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Category Low
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YTD
% Rank:
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10 Years
% Rank:
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Category Low
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As of December 31, 2020
Performance Versus Category
As of January 25, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
Edit comparables
As of January 25, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Prologis Inc | 9.46% | 102.70 | 1.46% |
| Simon Property Group Inc | 6.27% | 97.48 | 2.08% |
| Duke Realty Corp | 4.71% | 40.09 | -0.37% |
| Invitation Homes Inc | 4.39% | 29.67 | -1.17% |
| CubeSmart | 4.08% | 35.30 | 0.94% |
| Equity Residential | 4.01% | 61.67 | 0.18% |
| Alexandria Real Estate Equities Inc | 4.00% | 169.48 | 0.38% |
| VEREIT Inc Class A | 3.89% | 36.22 | 1.43% |
| Equinix Inc | 3.56% | 723.16 | 0.28% |
| Life Storage Inc | 3.42% | 124.14 | 1.45% |
Basic Info
| Investment Strategy | |
| The investment seeks total return. Under normal market conditions, the fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in common and preferred stocks of U.S. real estate investment trusts ("REITs") and other real estate companies. The Sub-Adviser may invest in companies with any market capitalization. However, the Sub-Adviser will generally not invest in companies with a market capitalization of less than $100 million at the time of purchase. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | CRARX |
| Equity Style | Mid Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | Sector Equity |
| Broad Category | Equity |
| Category Name | Real Estate |
| Category Index | S&P United States REIT TR USD |
| Prospectus Objective | Specialty - Real Estate |
| Fund Owner Firm Name | New York Life Investment Management LLC |
| Prospectus Benchmark Index | |
| FTSE Nareit All Equity REITs TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^MSWNTR | 100.0% |
| Manager Tenure | |
| T. Ferguson | 24.02 yrs |
| Joseph Smith | 15.27 yrs |
| Jonathan Miniman | 1.01 yrs |
| Kenneth Weinberg | 1.01 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (1-25-21) | 2.61% |
| 30-Day SEC Yield (11-30-20) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 30.09 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of November 30, 2020
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 12/20/2002 |
| Last Annual Report Date | 4/30/2020 |
| Last Prospectus Date | 8/31/2020 |
| Share Classes | |
| CRARX | Inst |
| CRCRX | C |
| CRVRX | Inv |
| CRWRX | Retirement |
| VREQX | Retirement |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |