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ICSRX MainStay ICAP Select Equity A

  • Fund
  • ICSRX
  • Price as of: Dec 08, 2016
  • $36.73
  • + $0.11
  • + 0.30%
  • Category
  • Large Cap Value Equities

ICSRX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 2.3%
  • 5 Yr Annualized Return 9.7%
  • Net Assets $1.56 B
  • Holdings in Top 10 44.5%

52 WEEK LOW AND HIGH

$36.73
$30.60
$36.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.22%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 86.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$25,000

IRA

$25,000

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 8.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

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

Fund Description

The fund invests primarily in U.S. dollar-denominated equity securities of U.S. and foreign companies with market capitalizations (at the time of investment) of at least $3 billion. It seeks to achieve a total return greater than the Russell 1000® Value Index over longer periods of time and indices comprised of value-oriented stocks over shorter periods of time. The fund will typically hold between 25 and 30 securities. Under normal circumstances, it will invest at least 80% of its assets (net assets plus borrowings for investment purposes) in common stocks and other equity securities.

ICSRX - Performance

Return Ranking - Trailing

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.7% -75.5% 192.5% 87.68% 5
1 Yr -2.3% -47.2% 27.7% 94.73% 5
3 Yr 2.3% * -15.3% 14.2% 93.11% 5
5 Yr 9.7% * -0.1% 17.6% 87.82% 5
10 Yr 4.7% * -0.9% 8.9% 65.19% 4

* Annualized


Return Ranking - Calendar

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -22.0% -47.3% 0.6% 86.00% 5
2014 -6.9% -46.4% 14.8% 81.85% 5
2013 28.1% -13.6% 45.0% 43.24% 3
2012 13.5% -22.7% 35.8% 36.92% 3
2011 -3.6% -34.9% 13.0% 53.19% 3

Total Return Ranking - Trailing

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.3% -75.5% 199.7% 89.30% 5
1 Yr -7.6% -51.7% 110.4% 97.12% 5
3 Yr 0.4% * -11.2% 19.9% 97.22% 5
5 Yr 8.5% * -0.1% 17.6% 92.65% 5
10 Yr 4.1% * -0.9% 8.9% 76.54% 4

* Annualized


Total Return Ranking - Calendar

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.6% -26.0% 5.6% 52.71% 3
2014 11.4% -14.3% 39.5% 58.19% 3
2013 50.9% 0.0% 289.2% 15.57% 1
2012 29.6% 0.0% 528.1% 14.93% 1
2011 -4.0% -84.2% 231.9% 64.58% 4

NAV & Total Return History

ICSRX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

ICSRX Category Low Category High ICSRX % Rank Quintile
Net Assets 1.56 B 273 K 84.6 B 8.56% 2
Number of Holdings 31 1 999 14.46% 5
Net Assets in Top 10 737 M 0 24.7 B 5.61% 2
Weighting of Top 10 44.5% 0.0% 100.1% 3.04% 1

Top 10 Holdings

  1. Allergan PLC 4.12%
  2. Apple Inc 4.55%
  3. Oracle Corp 5.04%
  4. McKesson Corp 4.21%
  5. Royal Dutch Shell PLC ADR Class A 5.02%
  6. Citigroup Inc 4.17%
  7. Comcast Corp Class A 4.17%
  8. Abbott Laboratories 4.64%
  9. Intel Corp 4.26%
  10. Alphabet Inc C 4.30%

Asset Allocation

Weighting Category Low Category High ICSRX % Rank Quintile
Stocks
99.39% 0.00% 132.93% 4.47% 1
Other
0.61% -2.64% 25.55% 3.90% 1
Preferred Stocks
0.00% 0.00% 18.87% 3.43% 4
Convertible Bonds
0.00% 0.00% 6.90% 1.14% 3
Cash
0.00% -32.93% 100.00% 22.55% 5
Bonds
0.00% -0.12% 75.03% 4.57% 4

Stock Sector Breakdown

Weighting Category Low Category High ICSRX % Rank Quintile
Healthcare
22.31% 0.00% 29.91% 0.86% 1
Technology
21.12% 0.00% 29.49% 1.62% 1
Financial Services
20.38% 0.00% 38.34% 18.30% 4
Consumer Cyclical
11.17% 0.00% 34.71% 6.86% 1
Communication Services
9.98% -0.70% 10.47% 0.48% 1
Industrials
7.86% 0.00% 31.48% 22.02% 4
Energy
5.02% 0.00% 29.15% 24.50% 5
Consumer Defense
1.56% -1.44% 25.28% 27.65% 5
Utilities
0.00% -0.70% 78.64% 22.97% 5
Real Estate
0.00% 0.00% 19.44% 18.30% 5
Basic Materials
0.00% 0.00% 14.96% 23.45% 5

Stock Geographic Breakdown

Weighting Category Low Category High ICSRX % Rank Quintile
US
92.79% 0.00% 132.93% 12.65% 3
Non US
6.60% 0.00% 98.98% 11.51% 3

ICSRX - Expenses

Operational Fees

ICSRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.22% 0.05% 21.67% 14.65% 3
Management Fee 0.80% 0.00% 1.20% 1.81% 5
12b-1 Fee 0.25% 0.00% 1.00% 2.03% 2
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

ICSRX Fees (% of AUM) Category Low Category High ICSRX Rank Quintile
Front Load 5.50% 1.00% 5.75% 1.18% 2
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

ICSRX Fees (% of AUM) Category Low Category High ICSRX Rank Quintile
Max Redemption Fee N/A 0.50% 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.

ICSRX Fees (% of AUM) Category Low Category High ICSRX Rank Quintile
Turnover 86.00% 0.00% 221.00% 4.00% 5

ICSRX - Distributions

Dividend Yield Analysis

ICSRX Category Low Category High ICSRX % Rank Quintile
Dividend Yield 0.4% 0.00% 3.58% 10.96% 1

Dividend Distribution Analysis

ICSRX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ICSRX Category Low Category High ICSRX % Rank Quintile
Net Income Ratio 0.65% -1.41% 3.83% 21.22% 5

Capital Gain Distribution Analysis

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

ICSRX - Managers

Andrew P. Starr

Manager

Start Date

Jul 09, 2014

Tenure

2.4

Tenure Rank

11.2%

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.


Matthew T. Swanson

Manager

Start Date

Jul 09, 2014

Tenure

2.4

Tenure Rank

11.2%

Matt is a Portfolio Manager on ICAP’s U.S. strategies and is a member of the Portfolio Management Group. Prior to focusing exclusively on his portfolio management responsibilities at ICAP, Matt specialized in the analysis and stock recommendations for the Health Care sector. Matt earned a BA and an MBA from Northwestern University. He is a CFA charterholder. Matt has been with the firm since 1999 and has 17 years of industry experience.


Thomas M. Cole

Manager

Start Date

Sep 28, 2012

Tenure

4.18

Tenure Rank

9.1%

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.


Tenure Analysis

Category Low

0.0

Category High

38.3

Category Average

7

Category Mode

1.9