MainStay WMC International Research Equity Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
8.8%
3 Yr Avg Return
0.0%
5 Yr Avg Return
3.3%
Net Assets
$178 M
Holdings in Top 10
18.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 117.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$15,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MYITX - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 3.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.09%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMainStay WMC International Research Equity Fund
-
Fund Family NameMainStay Group of Funds
-
Inception DateSep 28, 2007
-
Shares Outstanding1857684
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJonathan White
Fund Description
Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities of foreign companies, including securities of emerging market country issuers. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuer's "country of risk" (or similar designation) as determined by a third-party such as Bloomberg. Wellington Management Company LLP, the Fund’s Subadvisor (the “Subadvisor”), defines emerging market countries as those countries that are included in the MSCI Emerging Markets Index.
The Subadvisor seeks to develop a portfolio that is generally broadly diversified across issuers, industries, countries, market capitalizations and styles. The Fund’s portfolio therefore includes stocks that are considered to be either growth stocks or value stocks. The Fund may invest in securities of foreign issuers in the form of depositary receipts or other securities that are convertible into securities of foreign issuers. The Subadvisor will invest in small, mid, and large capitalization companies.
Investment Process: The Subadvisor allocates the portfolio’s assets across a variety of industries, selecting companies in each industry based on its proprietary research. In analyzing a prospective investment for the Fund, the Subadvisor utilizes a “bottom-up” approach, which is the use of fundamental analysis to identify specific securities for purchase or sale. Fundamental analysis of a company involves the assessment of a variety of factors, including the company’s business environment, management quality, balance sheet, income statement, anticipated earnings, revenues and dividends, and other related measures or indicators of valuation and growth potential. The Subadvisor may consider selling a security when it believes the stock has become overvalued relative to its underlying fundamentals, when the company does not meet the Subadvisor’s expectations or when the Subadvisor believes the underlying thesis for holding the stock has changed. To better assess strategic business issues that impact the performance of a company, the Subadvisor may also give consideration to financially material environmental, social and/or governance (“ESG”) factors. The Subadvisor has discretion to determine the materiality of, as well as the level at which, financially relevant ESG factors are imbedded into its overall fundamental analysis when making an investment decision.
MYITX - Performance
Return Ranking - Trailing
Period | MYITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -9.8% | 28.7% | 28.32% |
1 Yr | 8.8% | -6.7% | 19.8% | 55.99% |
3 Yr | 0.0%* | -18.6% | 45.3% | 64.44% |
5 Yr | 3.3%* | -34.2% | 74.9% | 94.15% |
10 Yr | 1.5%* | -0.5% | 16.2% | 97.95% |
* Annualized
Return Ranking - Calendar
Period | MYITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.1% | -7.3% | 22.0% | 78.89% |
2022 | -17.5% | -43.6% | 71.3% | 40.64% |
2021 | 7.7% | -28.5% | 18.9% | 27.99% |
2020 | -0.4% | -90.1% | 992.1% | 96.01% |
2019 | 6.1% | -1.9% | 38.8% | 98.31% |
Total Return Ranking - Trailing
Period | MYITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -9.8% | 28.7% | 28.32% |
1 Yr | 8.8% | -6.7% | 19.8% | 55.99% |
3 Yr | 0.0%* | -18.6% | 45.3% | 64.44% |
5 Yr | 3.3%* | -34.2% | 74.9% | 94.15% |
10 Yr | 1.5%* | -0.5% | 16.2% | 97.95% |
* Annualized
Total Return Ranking - Calendar
Period | MYITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.1% | 3.2% | 41.4% | 83.08% |
2022 | -16.1% | -43.6% | 144.8% | 57.69% |
2021 | 10.3% | -22.6% | 56.0% | 50.54% |
2020 | 1.5% | -89.7% | 1010.8% | 96.96% |
2019 | 16.9% | 4.3% | 38.8% | 96.96% |
NAV & Total Return History
MYITX - Holdings
Concentration Analysis
MYITX | Category Low | Category High | MYITX % Rank | |
---|---|---|---|---|
Net Assets | 178 M | 2.56 M | 425 B | 78.79% |
Number of Holdings | 190 | 1 | 10801 | 42.31% |
Net Assets in Top 10 | 28.4 M | 0 | 41 B | 85.95% |
Weighting of Top 10 | 18.04% | 2.7% | 112.8% | 65.52% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co. Ltd. 2.93%
- ASML Holding NV 2.10%
- Shell plc 2.03%
- Unilever plc 1.95%
- Tencent Holdings Ltd. 1.67%
- Novo Nordisk A/S, Class B 1.60%
- Novartis AG (Registered) 1.47%
- Pernod Ricard SA 1.44%
- Reckitt Benckiser Group plc 1.42%
- Haleon plc 1.41%
Asset Allocation
Weighting | Return Low | Return High | MYITX % Rank | |
---|---|---|---|---|
Stocks | 97.42% | 0.00% | 122.60% | 54.29% |
Preferred Stocks | 1.80% | -0.01% | 7.80% | 9.32% |
Cash | 0.78% | -22.43% | 100.00% | 71.01% |
Other | 0.00% | -2.97% | 43.01% | 60.95% |
Convertible Bonds | 0.00% | 0.00% | 4.18% | 24.63% |
Bonds | 0.00% | -1.67% | 71.30% | 30.47% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MYITX % Rank | |
---|---|---|---|---|
Financial Services | 20.26% | 0.00% | 47.75% | 21.67% |
Technology | 17.00% | 0.00% | 36.32% | 7.12% |
Industrials | 11.21% | 5.17% | 99.49% | 86.82% |
Healthcare | 10.63% | 0.00% | 21.01% | 66.52% |
Consumer Defense | 9.22% | 0.00% | 32.29% | 50.00% |
Consumer Cyclical | 7.96% | 0.00% | 36.36% | 80.76% |
Basic Materials | 7.58% | 0.00% | 23.86% | 63.18% |
Energy | 5.18% | 0.00% | 16.89% | 43.18% |
Communication Services | 4.88% | 0.00% | 21.69% | 76.67% |
Utilities | 3.60% | 0.00% | 13.68% | 21.21% |
Real Estate | 2.49% | 0.00% | 14.59% | 34.85% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MYITX % Rank | |
---|---|---|---|---|
Non US | 92.03% | 0.00% | 121.07% | 43.93% |
US | 5.40% | 0.00% | 103.55% | 52.37% |
MYITX - Expenses
Operational Fees
MYITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.01% | 18.22% | 36.15% |
Management Fee | 0.75% | 0.00% | 1.65% | 66.37% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 32.03% |
Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
MYITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 39.33% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MYITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
MYITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 117.00% | 2.00% | 247.00% | 92.03% |
MYITX - Distributions
Dividend Yield Analysis
MYITX | Category Low | Category High | MYITX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.69% | 0.00% | 25.25% | 67.89% |
Dividend Distribution Analysis
MYITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MYITX | Category Low | Category High | MYITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.09% | -0.93% | 6.38% | 70.45% |
Capital Gain Distribution Analysis
MYITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 11, 2023 | $0.128 | OrdinaryDividend |
Dec 12, 2022 | $0.108 | OrdinaryDividend |
Dec 07, 2021 | $0.195 | OrdinaryDividend |
Dec 08, 2020 | $0.137 | OrdinaryDividend |
Dec 10, 2019 | $0.729 | OrdinaryDividend |
Dec 17, 2018 | $0.414 | OrdinaryDividend |
Dec 19, 2017 | $0.147 | OrdinaryDividend |
Dec 13, 2016 | $0.229 | OrdinaryDividend |
Dec 10, 2015 | $0.062 | OrdinaryDividend |
Dec 15, 2014 | $0.164 | OrdinaryDividend |
Dec 20, 2013 | $0.283 | OrdinaryDividend |
Dec 13, 2012 | $0.130 | OrdinaryDividend |
Dec 07, 2011 | $0.149 | OrdinaryDividend |
Dec 13, 2010 | $0.144 | OrdinaryDividend |
MYITX - Fund Manager Analysis
Managers
Jonathan White
Start Date
Tenure
Tenure Rank
Mar 05, 2021
1.24
1.2%
Jonathan G. White is Managing Director and Director, Research Portfolios of Wellington Management, and joined the firm in 1999. In his role, he is responsible for broad oversight of the firm’s suite of diversified and sector analyst-managed investment approaches, including risk management and implementation, and acts as a representative for these products with clients and prospects. He also manages our customized research approaches, including Global Islamic Research Equity and Global Research Equity High Dividend Yield, and is a member of the Global Perspectives investment team. Prior to his current position, Jon was manager of equity portfolio coordination for the firm. Before joining Wellington Management in 1999, he spent several years at Putnam Investments, serving as portfolio coordinator for the Emerging Markets Equity Department, manager for Pricing Operations, and supervisor, senior fund accountant, and fund accountant for Mutual Fund Accounting Operations (1994 – 1999). Jon received his MBA, magna cum laude, from Babson College (Olin, 2002) and his BBA in finance, cum laude, from the University of Massachusetts (1994). Additionally, he holds the Chartered Financial Analyst designation.
Mary Pryshlak
Start Date
Tenure
Tenure Rank
Mar 05, 2021
1.24
1.2%
Ms. Pryshlak is Senior Managing Director and Director of Global Industry Research of Wellington Management, and joined the firm in 2004.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.35 | 6.3 | 3.25 |