MainStay CBRE Real Estate Investor (CRVRX)
7.45
-0.02
(-0.27%)
USD |
Mar 27 2023
Key Stats
Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
---|---|---|---|
1.15% | 382.72M | 5.01% | 70.00% |
1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
-14.26M | -22.42% | 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 |
Global Category Name | Real Estate Sector Equity |
YCharts Categorization | Real Estate Equity |
YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
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 | 3.17 yrs |
Joseph Smith | 3.17 yrs |
Kenneth Weinberg | 3.17 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
46
-14.26M
-4.468B
Category Low
731.58M
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 27, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 27, 2023.
Asset Allocation
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
Prologis Inc | 9.73% | 116.64 | -0.36% |
Equinix Inc | 6.84% | 683.13 | -0.65% |
Crown Castle Inc | 6.33% | 127.54 | 0.05% |
American Tower Corp | 5.87% | 192.76 | -0.20% |
Simon Property Group Inc | 5.22% | 104.15 | 0.82% |
Alexandria Real Estate Equities Inc | 4.28% | 118.48 | -0.23% |
Sun Communities Inc | 4.10% | 133.49 | 0.55% |
CubeSmart | 3.83% | 44.03 | -2.05% |
Public Storage | 3.60% | 281.98 | -1.53% |
Invitation Homes Inc | 3.59% | 29.46 | -0.22% |
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 |
Global Category Name | Real Estate Sector Equity |
YCharts Categorization | Real Estate Equity |
YCharts Benchmark | S&P 1500 Real Estate (Sector) Total Return (^SP15RESTR) |
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 | 3.17 yrs |
Joseph Smith | 3.17 yrs |
Kenneth Weinberg | 3.17 yrs |
Fundamentals
General | |
Distribution Yield | Upgrade |
Dividend Yield TTM (3-27-23) | 5.01% |
30-Day SEC Yield (1-31-23) | Upgrade |
7-Day SEC Yield | -- |
Number of Holdings | Upgrade |
Stock | |
Weighted Average PE Ratio | 25.01 |
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 February 28, 2023
Fund Details
Key Dates | |
Inception Date | 2/24/2020 |
Last Annual Report Date | 4/30/2022 |
Last Prospectus Date | 8/28/2022 |
Share Classes | |
CLARX | A |
CRARX | Inst |
CRCRX | C |
CRWRX | Retirement |
VREQX | Retirement |
Attributes | |
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 |