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:
--
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Category Low
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Category High
1 Year
% Rank:
46
-14.26M
-4.468B
Category Low
731.58M
Category High
3 Months
% Rank:
--
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
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Category Low
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Category High
5 Years
% Rank:
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Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
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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 |