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ICSRX MainStay ICAP Select Equity A

  • Fund
  • ICSRX
  • Price as of: Aug 08, 2016
  • $36.49
  • - $0.08
  • - 0.22%
  • Category
  • Large Cap Value Equities

ICSRX - Profile

Vitals

  • YTD Return 2.0%
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 8.8%
  • Net Assets $2.02 B
  • Holdings in Top 10 44.6%

52 WEEK LOW AND HIGH

$36.49
$30.60
$46.13

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 2.0%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 7.6%
  • 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 2.0% -49.0% 20.6% 77.90% 5
1 Yr -4.9% -16.5% 24.9% 88.96% 5
3 Yr 4.6% * -3.3% 12.6% 88.09% 5
5 Yr 8.8% * -0.1% 15.3% 82.99% 5
10 Yr 5.5% * 0.3% 9.5% 53.76% 3

* Annualized


Return Ranking - Calendar

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -22.0% -47.3% 4.5% 88.69% 5
2014 N/A -10.5% 7.1% N/A N/A
2013 N/A 23.2% 38.5% N/A N/A
2012 N/A 9.9% 35.8% N/A N/A
2011 N/A -34.9% 7.5% N/A N/A

Total Return Ranking - Trailing

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.0% -49.0% 20.6% 78.70% 5
1 Yr -10.2% -19.4% 21.9% 95.43% 5
3 Yr 2.6% * -3.3% 12.6% 94.46% 5
5 Yr 7.6% * -0.1% 15.3% 89.86% 5
10 Yr 4.9% * 0.3% 9.5% 66.58% 4

* Annualized


Total Return Ranking - Calendar

Period ICSRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -22.0% -47.3% 4.5% 88.69% 5
2014 N/A -10.5% 8.7% N/A N/A
2013 N/A 31.7% 41.8% N/A N/A
2012 N/A 13.8% 43.8% N/A N/A
2011 N/A -37.1% 12.6% N/A N/A

NAV & Total Return History

ICSRX - Holdings

Filings data as of: May 31, 2016

Concentration Analysis

ICSRX Category Low Category High ICSRX % Rank Quintile
Net Assets 2.02 B 273 K 82.2 B 6.09% 2
Number of Holdings 31 1 1019 13.51% 5
Net Assets in Top 10 1.03 B 0 24.3 B 4.47% 1
Weighting of Top 10 44.6% 0.0% 100.1% 2.95% 1

Top 10 Holdings

  1. Allergan PLC 4.97%
  2. Apple Inc 4.92%
  3. Oracle Corp 4.86%
  4. McKesson Corp 5.12%
  5. Royal Dutch Shell PLC ADR Class A 4.15%
  6. Citigroup Inc 4.08%
  7. Johnson Controls Inc 4.12%
  8. American Express Co 3.88%
  9. Comcast Corp Class A 4.55%
  10. Intercontinental Exchange Inc 3.94%

Asset Allocation

Weighting Category Low Category High ICSRX % Rank Quintile
Stocks
98.50% 0.00% 145.57% 7.23% 2
Other
1.50% -2.39% 29.06% 3.14% 1
Preferred Stocks
0.00% 0.00% 16.29% 3.04% 4
Convertible Bonds
0.00% 0.00% 6.26% 1.24% 3
Cash
0.00% -45.58% 100.00% 22.07% 5
Bonds
0.00% -0.25% 68.80% 3.90% 4

Stock Sector Breakdown

Weighting Category Low Category High ICSRX % Rank Quintile
Financial Services
25.13% 0.00% 41.32% 6.48% 2
Healthcare
18.76% 0.00% 29.91% 2.48% 1
Technology
13.33% 0.00% 28.40% 8.20% 2
Consumer Cyclical
12.65% 0.00% 36.79% 4.39% 1
Communication Services
11.91% -0.78% 14.21% 0.29% 1
Industrials
9.13% 0.00% 31.23% 18.11% 4
Energy
4.15% 0.00% 29.15% 24.50% 5
Consumer Defense
2.33% -1.99% 26.19% 26.22% 5
Basic Materials
1.11% 0.00% 18.87% 20.88% 5
Real Estate
0.00% -0.42% 20.47% 17.25% 5
Utilities
0.00% 0.00% 77.60% 23.55% 5

Stock Geographic Breakdown

Weighting Category Low Category High ICSRX % Rank Quintile
US
92.32% 0.00% 135.19% 14.18% 3
Non US
6.18% 0.00% 97.88% 11.42% 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% 14.56% 3
Management Fee 0.80% 0.00% 1.20% 1.71% 5
12b-1 Fee 0.25% 0.00% 1.00% 1.88% 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% 293.00% 4.28% 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% 3.44% 20.65% 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

2.06

Tenure Rank

11.0%

"Andrew P. Starr, CFA, serves as ICAP’s Director of Research. He is a Portfolio Manager on all strategies and leads our Energy and Basic Industries sector research. Additionally, 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 20 years of industry experience. "


Matthew T. Swanson

Manager

Start Date

Jul 09, 2014

Tenure

2.06

Tenure Rank

11.0%

"Matthew T. Swanson, CFA, is a senior member of ICAP’s Global Research Team and the Investment Committee. He serves as a Portfolio Manager on all strategies and leads our research in 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 has 15 years of industry experience. "


Thomas M. Cole

Manager

Start Date

Sep 28, 2012

Tenure

3.84

Tenure Rank

9.0%

Mr. Cole serves as Senior Executive Vice President and Co-Director of Research of ICAP. Mr. Cole is a senior member of the portfolio management team and serves as a member of ICAP’s Executive Management Committee. Mr. Cole joined ICAP in April 2012 and, prior to joining ICAP, Mr. Cole was Head of US Equities at UBS Global Asset Management for eleven years.


Jerrold K. Senser

Lead Manager

Start Date

Dec 31, 1997

Tenure

18.59

Tenure Rank

1.3%

Jerrold K. Senser serves as Chief Executive Officer and Chief Investment Officer of Institutional Capital LLC. As CEO & CIO, Jerry has ultimate responsibility for ICAP’s investment team, strategies, and overall management of the firm. Jerry is a member of the firm’s Executive Management Committee. Jerry graduated with a BA from the University of Michigan and an MBA from the University of Chicago. He is a CFA charterholder. Prior to joining ICAP, Jerry spent seven years at Stein Roe & Farnham as an associate involved in economic and fixed-income analysis.


Tenure Analysis

Category Low

0.1

Category High

37.9

Category Average

6.92

Category Mode

1.6