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ICEZX MainStay ICAP International R3

  • Fund
  • ICEZX
  • Price as of: Dec 06, 2016
  • $29.43
  • + $0.03
  • + 0.10%
  • Category
  • Global Equities

ICEZX - Profile

Vitals

  • YTD Return -3.9%
  • 3 Yr Annualized Return -4.6%
  • 5 Yr Annualized Return 2.9%
  • Net Assets $817 M
  • Holdings in Top 10 39.1%

52 WEEK LOW AND HIGH

$29.43
$26.27
$31.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.57%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 78.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Global Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Foreign Large Blend

Distributions

  • YTD Total Return -3.9%
  • 3 Yr Annualized Total Return -4.6%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.92%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name MainStay ICAP International Fund
  • Fund Family Name MainStay
  • Inception Date Sep 01, 2006
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew P. Starr

Fund Description

The fund invests primarily in equity securities of foreign companies with market capitalizations (at the time of investment) of at least $3 billion. It invests in equity securities of companies that trade in developed, emerging or developing markets. The fund seeks to achieve a total return greater than the MSCI EAFE® Index. It will typically hold between 30 and 50 securities. The advisor intends to have at all times a majority of assets invested in foreign companies, with significant investments in at least three countries outside the United States.

ICEZX - Performance

Return Ranking - Trailing

Period ICEZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -3.9% -30.4% 31.6% 82.65% 5
1 Yr -6.3% -32.1% 37.9% 90.35% 5
3 Yr -4.6% * -11.9% 22.1% 93.53% 5
5 Yr 2.9% * -5.7% 21.1% 90.55% 5
10 Yr 0.0% * -2.8% 14.9% 90.79% 5

* Annualized


Return Ranking - Calendar

Period ICEZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.0% -27.7% 17.2% 55.50% 4
2014 -8.5% -40.2% 18.4% 73.15% 5
2013 19.4% -23.4% 52.0% 60.62% 4
2012 14.3% -2.5% 30.2% 50.36% 3
2011 -10.9% -33.0% 11.1% 59.84% 4

Total Return Ranking - Trailing

Period ICEZX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -3.9% -30.4% 31.6% 85.98% 5
1 Yr -6.3% -38.6% 185.9% 89.87% 5
3 Yr -4.6% * -12.9% 35.8% 96.94% 5
5 Yr 2.9% * -6.1% 21.1% 94.92% 5
10 Yr 0.0% * -2.9% 14.9% 95.18% 5

* Annualized


Total Return Ranking - Calendar

Period ICEZX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.2% -26.4% 23.7% 72.61% 4
2014 -6.6% -13.6% 35.6% 92.27% 5
2013 20.8% -3.8% 170.1% 82.10% 5
2012 16.9% -4.2% 350.8% 67.58% 4
2011 -10.3% -80.4% 24.9% 55.36% 3

NAV & Total Return History

ICEZX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

ICEZX Category Low Category High ICEZX % Rank Quintile
Net Assets 817 M 949 K 81.6 B 7.66% 2
Number of Holdings 44 1 7588 13.99% 4
Net Assets in Top 10 431 M 0 17 B 4.54% 1
Weighting of Top 10 39.1% 0.0% 104.7% 9.36% 2

Top 10 Holdings

  1. Vodafone Group PLC ADR 3.91%
  2. Mitsubishi Estate Co Ltd 3.30%
  3. Julius Baer Gruppe AG 3.89%
  4. Novartis AG 4.71%
  5. LafargeHolcim Ltd 4.76%
  6. Samsung Electronics Co Ltd GDR 4.74%
  7. CK Hutchison Holdings Ltd 4.35%
  8. Akzo Nobel NV 3.15%
  9. ABB Ltd 3.13%
  10. Pernod Ricard SA 3.11%

Asset Allocation

Weighting Category Low Category High ICEZX % Rank Quintile
Stocks
95.63% 0.00% 132.91% 15.12% 3
Cash
2.97% -35.60% 102.01% 13.14% 2
Other
1.40% -5.37% 40.46% 9.26% 2
Convertible Bonds
0.00% 0.00% 29.24% 1.61% 3
Preferred Stocks
0.00% 0.00% 10.39% 4.54% 4
Bonds
0.00% 0.00% 96.20% 7.18% 4

Stock Sector Breakdown

Weighting Category Low Category High ICEZX % Rank Quintile
Financial Services
16.84% 0.00% 40.61% 8.89% 2
Industrials
16.10% 0.00% 72.23% 6.15% 1
Healthcare
13.69% 0.00% 48.64% 8.80% 2
Technology
12.70% 0.00% 74.20% 18.07% 3
Basic Materials
10.91% 0.00% 33.69% 1.32% 1
Energy
5.63% 0.00% 53.37% 12.39% 2
Communication Services
5.56% -1.23% 82.03% 8.51% 2
Consumer Cyclical
4.75% 0.00% 46.58% 28.19% 5
Consumer Defense
4.70% 0.00% 56.28% 22.89% 4
Real Estate
3.30% 0.00% 95.26% 8.89% 2
Utilities
1.47% 0.00% 81.98% 14.10% 3

Stock Geographic Breakdown

Weighting Category Low Category High ICEZX % Rank Quintile
Non US
95.63% 0.00% 97.75% 0.85% 1
US
0.00% 0.00% 126.77% 32.42% 5

ICEZX - Expenses

Operational Fees

ICEZX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.57% 0.00% 323.68% 19.00% 3
Management Fee 0.80% 0.00% 1.95% 3.13% 3
12b-1 Fee 0.50% 0.00% 1.00% 1.00% 4
Administrative Fee N/A 0.01% 0.45% N/A N/A

Sales Fees

ICEZX Fees (% of AUM) Category Low Category High ICEZX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

ICEZX Fees (% of AUM) Category Low Category High ICEZX Rank Quintile
Max Redemption Fee N/A 0.08% 2.00% N/A N/A

Turnover 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.

ICEZX Fees (% of AUM) Category Low Category High ICEZX Rank Quintile
Turnover 78.00% 0.00% 2311.00% 7.40% 4

ICEZX - Distributions

Dividend Yield Analysis

ICEZX Category Low Category High ICEZX % Rank Quintile
Dividend Yield 0.8% 0.00% 2.38% 2.97% 1

Dividend Distribution Analysis

ICEZX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ICEZX Category Low Category High ICEZX % Rank Quintile
Net Income Ratio 0.92% -2.05% 6.75% 20.04% 3

Capital Gain Distribution Analysis

ICEZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

ICEZX - Managers

Andrew P. Starr

Manager

Start Date

Jul 09, 2014

Tenure

2.4

Tenure Rank

10.1%

Andy serves as ICAP’s Director of Research and is a member of the Portfolio Management Group. Additionally, he specializes in the analysis and stock recommendations for the Energy sector. Andy is a member of the firm’s Senior Leadership Committee. Before joining ICAP, he held analyst positions at Scudder Kemper Investments and Morningstar. Andy earned a BA from DePauw University and an MBA from the University of Chicago. He is a CFA charterholder. Andy has been with the firm since 1998 and has 22 years of industry experience.


Thomas M. Cole

Manager

Start Date

Sep 28, 2012

Tenure

4.18

Tenure Rank

7.8%

As CIO and a Portfolio Manager, Tom leads the Investment Team of portfolio managers and research analysts. Prior to becoming CIO, Tom was ICAP’s Co-Director of Research, Deputy CIO and most recently, Co-CIO. Before joining ICAP, Tom was Head of U.S. Equities at UBS Global Asset Management. Prior to UBS, Tom served as a Senior Equity Analyst and Partner at Brinson Partners, and held various positions at First Chicago Investment Advisors. Tom attended the University of Wisconsin-Madison, earning a BBA and an MBA. Tom has been with the firm since 2012 and has 31 years of experience.


J. Christian Kirtley

Manager

Start Date

Sep 29, 2015

Tenure

1.17

Tenure Rank

11.6%

Chris is a Portfolio Manager for the non-U.S., Global and European strategies and is a member of ICAP’s Portfolio Management Group. Chris was previously a member of ICAP’s Investment Team from 2003-2010, and held the position of Senior Research Analyst. He returned to ICAP in 2015 after nearly 5 years with Perkins Investment Management, LLC where he served as a Senior Research Analyst and ultimately held the position of Portfolio Manager, co-managing global value and international value products. Chris earned a BS from the University of North Carolina at Chapel Hill. He is a CFA charterholder. Chris’s tenure with ICAP covers 8 years, and he has 13 years of industry experience.


Tenure Analysis

Category Low

0.0

Category High

34.2

Category Average

5.61

Category Mode

4.8