MainStay WMC Growth B (KLGBX)
49.72
+0.91 (+1.86%)
USD |
Oct 14 2021
Returns Chart
Key Stats
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| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 2.08% | 946.58M | 0.00% | 150.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -50.20M | 21.85% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks long-term growth of capital. The fund invests mainly in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80% of its assets will be invested in securities issued by U.S. companies. The Subadvisor employs a traditional, bottom-up fundamental research approach to identify securities that possess sustainable growth at reasonable valuations. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | KLGAX |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Growth |
| Category Index | Russell 1000 Growth TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | New York Life Investment Management LLC |
| Prospectus Benchmark Index | |
| Russell 1000 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Andrew Shilling | 0.57 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category High
1 Year
% Rank:
50
-50.20M
-20.55B
Category Low
9.085B
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 September 30, 2021
Performance Versus Category
As of October 14, 2021. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
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As of October 14, 2021.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Microsoft Corp | 8.35% | 304.18 | 0.47% |
| Apple Inc | 7.50% | 144.72 | 0.67% |
| Alphabet Inc Class C | 7.32% | 2834.33 | 0.22% |
| Facebook Inc Class A | 4.98% | 324.80 | -1.14% |
| Amazon.com Inc | 4.53% | 3408.12 | 3.28% |
| Mastercard Inc Class A | 2.76% | 355.89 | 3.28% |
| PayPal Holdings Inc | 2.72% | 268.72 | 0.85% |
| Adobe Inc | 2.28% | 610.12 | 0.43% |
| Advanced Micro Devices Inc | 2.13% | 112.09 | 0.09% |
| Salesforce.com Inc | 2.10% | 292.43 | 0.83% |
Basic Info
| Investment Strategy | |
| The investment seeks long-term growth of capital. The fund invests mainly in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80% of its assets will be invested in securities issued by U.S. companies. The Subadvisor employs a traditional, bottom-up fundamental research approach to identify securities that possess sustainable growth at reasonable valuations. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | KLGAX |
| Equity Style | Large Cap/Growth |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Growth |
| Category Index | Russell 1000 Growth TR USD |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | New York Life Investment Management LLC |
| Prospectus Benchmark Index | |
| Russell 1000 Growth TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Andrew Shilling | 0.57 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (10-14-21) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 0.0259 |
| 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 August 31, 2021
Growth Estimates
Fund Details
| Key Dates | |
| Inception Date | 1/18/2013 |
| Last Annual Report Date | 10/31/2020 |
| Last Prospectus Date | 4/26/2021 |
| Share Classes | |
| KLGAX | A |
| KLGCX | C |
| KLGDX | Retirement |
| KLGIX | Inst |
| KLGNX | Inv |
| KLGRX | 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 |