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 Low
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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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Category High
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 |