MainStay CBRE Real Estate Investor (CRVRX)
11.92
-0.02 (-0.17%)
USD |
Jun 27 2022
Returns Chart
Key Stats
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| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.34% | 405.64M | 1.93% | 93.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 8.586M | -3.92% | 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/Growth |
| 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 | 2.42 yrs |
| Joseph Smith | 2.42 yrs |
| Kenneth Weinberg | 2.42 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
44
8.586M
-1.146B
Category Low
3.568B
Category High
3 Months
% Rank:
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3 Years
% Rank:
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6 Months
% Rank:
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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As of May 31, 2022
Performance Versus Category
As of June 27, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 27, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Crown Castle International Corp | 8.79% | 168.61 | -2.80% |
| Prologis Inc | 8.09% | 118.94 | -1.06% |
| Equinix Inc | 6.70% | 667.91 | -2.58% |
| American Tower Corp | 6.39% | 252.98 | -2.45% |
| Extra Space Storage Inc | 4.38% | 170.98 | -0.57% |
| Realty Income Corp | 4.34% | 69.07 | -0.53% |
| CubeSmart | 4.31% | 43.91 | 0.43% |
| Sun Communities Inc | 4.17% | 162.16 | 0.10% |
| Simon Property Group Inc | 4.06% | 99.20 | -0.92% |
| Invitation Homes Inc | 3.11% | 35.78 | 0.68% |
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/Growth |
| 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 | 2.42 yrs |
| Joseph Smith | 2.42 yrs |
| Kenneth Weinberg | 2.42 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (6-27-22) | 1.93% |
| 30-Day SEC Yield (5-31-22) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 0.0307 |
| 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 May 31, 2022
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 2/24/2020 |
| Last Annual Report Date | 4/30/2021 |
| Last Prospectus Date | 8/28/2021 |
| Share Classes | |
| CLARX | A |
| CRARX | Inst |
| CRCRX | C |
| 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 |