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Trending ETFs

Name

As of 01/31/2024

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

$15.74

$372 M

0.33%

$0.05

1.23%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$372 M

Holdings in Top 10

46.7%

52 WEEK LOW AND HIGH

$15.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.23%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/31/2024

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

$15.74

$372 M

0.33%

$0.05

1.23%

FCIRX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MainStay PineStone International Equity Fund
  • Fund Family Name
    MainStay Group of Funds
  • Inception Date
    Sep 29, 2017
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

PineStone Asset Management Inc., the Fund’s subadvisor (the “Subadvisor”), seeks to achieve the Fund’s investment objective by investing in a portfolio of international equities. The Fund may invest in issuers with market capitalizations of any size, though it generally expects to focus on issuers with market capitalization in excess of $1 billion.

Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities. The Fund will normally invest in equity securities of foreign companies operating in at least three countries other than the United States, including emerging market countries. 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, Factset or ICE Data Services Inc.

In addition, the Fund considers countries represented in the MSCI Emerging Markets Index to be emerging market countries. From time to time, the Fund may focus its investments in certain countries or geographic areas, including Europe. Equity securities include common stock, preferred stock, convertible securities and depositary receipts.

The Fund may from time to time emphasize one or more sectors in selecting its investments, including the consumer staples and industrials sectors. In addition, the Fund may enter into forward currency contracts to hedge the currency exposure associated with some or all of the Fund’s

securities, to shift investment exposure from one currency to another, to shift U.S. dollar exposure to achieve a representative weighted mix of major currencies in its benchmark, or to adjust an underweight country exposure in its portfolio. The Fund may also invest in securities issued by other investment companies.

Investment Process:

In pursuing the Fund’s investment objective, the Subadvisor employs a bottom-up stock selection approach which results in a portfolio generally ranging from 25 to 45 companies. A bottom-up stock selection approach focuses on the analysis of individual stocks (microeconomic factors) as opposed to the significance of economic cycles and market cycles (macroeconomic factors).

The Subadvisor looks for companies that have growth potential that are believed to be trading at attractive valuations. In doing so, the Subadvisor focuses on companies believed by the portfolio management team to have the following characteristics, among others:

·Competitive advantage in an industry with high barriers to entry;

·Attractive industry with pricing power, organic growth and limited cyclicality;

·Strong management teams with sound corporate governance;

·History of stable profit margins;

·Solid balance sheet with low leverage; and

·Attractive valuation with a stock price below intrinsic value.

In evaluating whether to sell a security, the Subadvisor considers, among other factors, whether in its view the company no longer continues to meet the standards described above and/or the Subadvisor believes there are more attractive opportunities available for investment by the Fund.

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FCIRX - Performance

Return Ranking - Trailing

Period FCIRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -1.1% 18.2% 25.43%
1 Yr N/A 4.5% 36.9% 15.89%
3 Yr N/A* -22.0% 11.1% 3.80%
5 Yr N/A* -2.2% 13.6% 7.04%
10 Yr N/A* -0.8% 9.9% N/A

* Annualized

Return Ranking - Calendar

Period FCIRX Return Category Return Low Category Return High Rank in Category (%)
2023 19.2% -0.4% 28.6% 11.33%
2022 -20.4% -49.5% -13.3% 14.32%
2021 15.8% -22.2% 19.3% 2.81%
2020 17.0% -4.9% 85.0% 62.30%
2019 29.5% -4.0% 45.1% 25.88%

Total Return Ranking - Trailing

Period FCIRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -1.1% 18.2% 25.43%
1 Yr N/A 4.5% 36.9% 15.89%
3 Yr N/A* -22.0% 11.1% 3.80%
5 Yr N/A* -2.2% 13.6% 7.04%
10 Yr N/A* -0.8% 9.9% N/A

* Annualized

Total Return Ranking - Calendar

Period FCIRX Return Category Return Low Category Return High Rank in Category (%)
2023 19.6% 1.8% 28.6% 16.50%
2022 -19.8% -44.4% -11.0% 19.75%
2021 16.2% -20.6% 20.5% 5.87%
2020 19.2% -4.9% 97.1% 67.11%
2019 30.7% 0.5% 45.3% 30.59%

NAV & Total Return History


FCIRX - Holdings

Concentration Analysis

FCIRX Category Low Category High FCIRX % Rank
Net Assets 372 M 169 K 127 B 69.27%
Number of Holdings 35 4 1730 90.98%
Net Assets in Top 10 167 M 67.7 K 34.8 B 62.68%
Weighting of Top 10 46.72% 11.2% 99.3% 11.46%

Top 10 Holdings

  1. Novo Nordisk A/S, Class B 7.33%
  2. Nestle SA (Registered) 5.86%
  3. Taiwan Semiconductor Manufacturing Co. Ltd. 5.40%
  4. London Stock Exchange Group plc 4.80%
  5. LVMH Moet Hennessy Louis Vuitton SE 4.62%
  6. EssilorLuxottica SA 4.08%
  7. Diageo plc 3.89%
  8. InterContinental Hotels Group plc 3.80%
  9. Keyence Corp. 3.64%
  10. ASML Holding NV 3.30%

Asset Allocation

Weighting Return Low Return High FCIRX % Rank
Stocks
99.05% 85.39% 101.49% 15.85%
Cash
0.95% 0.00% 13.24% 76.34%
Preferred Stocks
0.00% 0.00% 4.73% 82.20%
Other
0.00% -1.92% 4.14% 76.83%
Convertible Bonds
0.00% 0.00% 2.45% 72.62%
Bonds
0.00% 0.00% 0.11% 72.20%

Stock Sector Breakdown

Weighting Return Low Return High FCIRX % Rank
Consumer Defense
21.27% 0.00% 28.66% 5.38%
Industrials
17.92% 0.68% 31.28% 27.14%
Healthcare
15.38% 1.36% 29.58% 43.77%
Financial Services
14.92% 0.00% 38.62% 45.23%
Consumer Cyclical
14.43% 0.00% 46.28% 27.38%
Technology
13.02% 1.51% 38.21% 83.62%
Basic Materials
3.07% 0.00% 23.15% 85.57%
Utilities
0.00% 0.00% 9.05% 83.62%
Real Estate
0.00% 0.00% 6.64% 83.13%
Energy
0.00% 0.00% 24.97% 89.73%
Communication Services
0.00% 0.00% 41.13% 95.60%

Stock Geographic Breakdown

Weighting Return Low Return High FCIRX % Rank
Non US
83.34% 0.00% 101.44% 50.24%
US
15.71% 0.00% 99.95% 38.54%

FCIRX - Expenses

Operational Fees

FCIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.23% 0.01% 13.07% 39.46%
Management Fee 0.80% 0.00% 1.50% 70.49%
12b-1 Fee 0.25% 0.00% 1.00% 45.55%
Administrative Fee N/A 0.03% 0.80% N/A

Sales Fees

FCIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FCIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

FCIRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 7.00% 149.00% 14.36%

FCIRX - Distributions

Dividend Yield Analysis

FCIRX Category Low Category High FCIRX % Rank
Dividend Yield 0.33% 0.00% 12.77% 65.04%

Dividend Distribution Analysis

FCIRX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly SemiAnnual

Net Income Ratio Analysis

FCIRX Category Low Category High FCIRX % Rank
Net Income Ratio 0.27% -1.69% 3.16% 49.51%

Capital Gain Distribution Analysis

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

Distributions History

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FCIRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.61 20.01