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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MainStay Growth Equity Fund

MRINX |

-

$526 M

-

1.41%

Vitals

YTD Return

N/A

1 yr return

14.1%

3 Yr Avg Return

7.5%

5 Yr Avg Return

-0.5%

Net Assets

$526 M

Holdings in Top 10

33.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.41%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 53.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MainStay Growth Equity Fund

MRINX |

-

$526 M

-

1.41%

MRINX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return -1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    MainStay Growth Equity Fund
  • Fund Family Name
    MainStay
  • Inception Date
    Feb 28, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Harish Kumar

Fund Description

MRINX - Performance

Return Ranking - Trailing

Period MRINX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 270.1% N/A
1 Yr 14.1% -64.0% 270.1% N/A
3 Yr 7.5%* -41.4% 115.6% N/A
5 Yr -0.5%* -30.7% 58.6% N/A
10 Yr N/A* -8.4% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period MRINX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -67.1% 73.0% N/A
2022 N/A -76.0% 74.8% N/A
2021 N/A -58.1% 900.0% N/A
2020 N/A -51.1% 336.8% N/A
2019 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period MRINX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 270.1% N/A
1 Yr 7.9% -64.0% 270.1% N/A
3 Yr 5.5%* -30.7% 115.6% N/A
5 Yr -1.6%* -30.7% 58.6% N/A
10 Yr N/A* -8.4% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period MRINX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -67.1% 76.6% N/A
2022 N/A -30.7% 76.8% N/A
2021 N/A -58.1% 900.0% N/A
2020 N/A -51.1% 341.1% N/A
2019 N/A -60.1% 304.1% N/A

MRINX - Holdings

Concentration Analysis

MRINX Category Low Category High MRINX % Rank
Net Assets 526 M 0 814 B N/A
Number of Holdings 70 1 17358 N/A
Net Assets in Top 10 177 M -28.8 B 134 B N/A
Weighting of Top 10 33.09% 0.0% 20474.3% N/A

Top 10 Holdings

  1. Apple Inc 8.27%
  2. Philip Morris International, Inc. 3.79%
  3. Google, Inc. Class A 3.19%
  4. Visa, Inc. 3.17%
  5. Qualcomm, Inc. 2.92%
  6. Home Depot, Inc. 2.84%
  7. Oracle Corporation 2.28%
  8. Amazon.com Inc 2.26%
  9. Union Pacific Corp 2.22%
  10. American Tower Corp 2.15%

Asset Allocation

Weighting Return Low Return High MRINX % Rank
Stocks 		99.09% -142.98% 259.25% N/A
Cash 		0.91% -483.27% 7388.76% N/A
Preferred Stocks 		0.00% -0.12% 80.89% N/A
Other 		0.00% -7288.76% 493.15% N/A
Convertible Bonds 		0.00% -0.37% 166.23% N/A
Bonds 		0.00% -955.59% 533.06% N/A

Stock Sector Breakdown

Weighting Return Low Return High MRINX % Rank
Technology 		25.34% -19.01% 99.57% N/A
Industrials 		16.35% -21.11% 93.31% N/A
Healthcare 		15.24% -15.38% 100.00% N/A
Consumer Cyclical 		14.61% -18.86% 87.44% N/A
Consumer Defense 		9.00% -7.54% 98.24% N/A
Financial Services 		5.74% -7.59% 99.28% N/A
Energy 		4.63% -7.00% 121.80% N/A
Basic Materials 		4.38% -5.18% 96.19% N/A
Real Estate 		2.15% -11.04% 100.00% N/A
Communication Services 		1.67% -4.54% 90.02% N/A
Utilities 		0.00% -3.80% 94.95% N/A

Stock Geographic Breakdown

Weighting Return Low Return High MRINX % Rank
US 		93.87% -142.98% 126.43% N/A
Non US 		5.22% -24.89% 159.65% N/A

MRINX - Expenses

Operational Fees

MRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.41% 0.00% 928.63% N/A
Management Fee 0.70% 0.00% 2.87% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

MRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

MRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MRINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.00% 0.00% 5067.00% N/A

MRINX - Distributions

Dividend Yield Analysis

MRINX Category Low Category High MRINX % Rank
Dividend Yield 0.00% 0.00% 87.51% N/A

Dividend Distribution Analysis

MRINX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

MRINX Category Low Category High MRINX % Rank
Net Income Ratio 0.13% -46.00% 10.10% N/A

Capital Gain Distribution Analysis

MRINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MRINX - Fund Manager Analysis

Managers

Harish Kumar

Start Date

Tenure

Tenure Rank

Nov 04, 2005

7.16

7.2%

Dr. Kumar has managed the MainStay VP Growth Equity Portfolio since 2009. Dr. Kumar is a Managing Director and Head of Growth Portfolios at Madison Square Investors. Prior to joining New York Life Investments' Equity Investors Group, Madison Square Investors' predecessor, in 2005, Dr. Kumar served as a senior portfolio manager at ING Investment Management beginning in 2002. He received his PhD from Columbia University, his master's degree from the University of Colorado-Boulder, and graduated with honors from Birla Institute of Technology and Science in Pilani, India, receiving a bachelor's degree in mechanical engineering. Dr. Kumar is a CFA charter holder.

Martin Mickus

Start Date

Tenure

Tenure Rank

Aug 01, 2010

2.42

2.4%

Mr. Mickus is a Portfolio Manager for the growth equity team of Madison Square Investors and has over 18 years investment experience. Prior to joining the firm, Mr. Mickus was a Portfolio Manager at Oppenheimer Capital, where he managed numerous growth strategies. Prior to Oppenheimer, he served as an Assistant Portfolio Manager at the InterGroup Corporation, where he recommended long and short investment ideas based on fundamental bottom-up research, as well as traded various asset classes. Prior to the InterGroup Corporation, he was an Associate Analyst at Brentwood Equity Corporation, where he was responsible for private equity research. He started his career in 1991 as a registered representative at Drake Capital Securities in Santa Monica.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 43.76 4.66 4.5

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