MainStay CBRE Real Estate I (CRARX)
14.36
+0.11 (+0.77%)
USD |
May 20 2022
Returns Chart
Key Stats
Customize
Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
---|---|---|---|
0.83% | 421.22M | 2.01% | 93.00% |
1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
8.338M | 4.00% | 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 | |
Jonathan Miniman | 2.33 yrs |
Joseph Smith | 2.33 yrs |
Kenneth Weinberg | 2.33 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
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Category Low
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Category High
1 Year
% Rank:
43
8.338M
-1.597B
Category Low
5.576B
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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6 Months
% Rank:
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Category Low
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
--
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Category Low
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Category High
10 Years
% Rank:
--
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Category Low
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Category High
As of April 30, 2022
Performance Versus Category
As of May 20, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 20, 2022.
Asset Allocation
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
Crown Castle International Corp | 8.65% | 182.20 | 2.14% |
Prologis Inc | 8.36% | 119.72 | 0.00% |
American Tower Corp | 7.54% | 244.28 | 4.73% |
Equinix Inc | 5.25% | 651.79 | 2.63% |
Extra Space Storage Inc | 4.66% | 171.38 | 1.02% |
Simon Property Group Inc | 4.63% | 108.84 | -1.09% |
CubeSmart | 4.48% | 40.84 | 0.29% |
Realty Income Corp | 4.08% | 67.99 | 1.25% |
Sun Communities Inc | 3.59% | 157.70 | 2.32% |
Invitation Homes Inc | 3.00% | 36.21 | 1.29% |
Fees & Availability
Fees | |
Actual 12B-1 Fee | -- |
Actual Management Fee | Upgrade |
Administration Fee | -- |
Performance Fee | -- |
Switching Fee | -- |
Transaction Fee | -- |
Maximum Front Load | -- |
Maximum Deferred Load | -- |
Maximum Redemption Fee | -- |
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 | |
Jonathan Miniman | 2.33 yrs |
Joseph Smith | 2.33 yrs |
Kenneth Weinberg | 2.33 yrs |
Fundamentals
General | |
Distribution Yield | Upgrade |
Dividend Yield TTM (5-20-22) | 2.01% |
30-Day SEC Yield (4-30-22) | Upgrade |
7-Day SEC Yield | -- |
Number of Holdings | Upgrade |
Stock | |
Weighted Average PE Ratio | 0.0261 |
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 March 31, 2022
Growth Estimates
Fund Details
Key Dates | |
Inception Date | 12/31/1996 |
Last Annual Report Date | 4/30/2021 |
Last Prospectus Date | 8/28/2021 |
Share Classes | |
CLARX | A |
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 |