MainStay Epoch US All Cap Inv
Name
As of 04/23/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-42.1%
1 yr return
70.8%
3 Yr Avg Return
13.3%
5 Yr Avg Return
13.9%
Net Assets
$471 M
Holdings in Top 10
32.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.57%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MAWNX - Profile
Distributions
- YTD Total Return -42.1%
- 3 Yr Annualized Total Return 11.4%
- 5 Yr Annualized Total Return 12.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMainStay Epoch U.S. All Cap Fund
-
Fund Family NameNew York Life Investment Management LLC
-
Inception DateFeb 28, 2008
-
Shares Outstanding344447
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Pearl
Fund Description
The Fund invests primarily in a diversified portfolio consisting of equity securities of U.S. companies. Under normal circumstances, the Fund will invest at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities of U.S. companies across all market capitalizations. Generally, an issuer of a security is considered to be U.S. or foreign based on the issuer's "country of risk," as determined by a third-party service provider such as Bloomberg. Equity securities include common stocks and securities convertible into common stock, such as warrants, rights, convertible bonds, debentures and convertible preferred stock. Convertible preferred stocks and debentures must be rated investment grade by a nationally recognized statistical rating organization when purchased, or if unrated, considered by Epoch Investment Partners, Inc., the Fund’s Subadvisor, to be of comparable quality.
Investment Process: The Subadvisor invests primarily in companies that generate increasing levels of free cash flow and have management teams that the Subadvisor believes allocate free cash flow effectively to create shareholder value.
The security selection process focuses on free-cash-flow analytics as opposed to traditional accounting-based metrics. The Subadvisor seeks to identify companies with a consistent, straightforward ability to both generate free cash flow and to intelligently allocate it among internal reinvestment opportunities, acquisitions, dividends, share repurchases and/or debt reduction. The Subadvisor may give consideration to certain environmental, social, and governance (“ESG”) criteria when evaluating an investment opportunity.
The Subadvisor may sell or reduce a position in a security when it believes its investment objectives have been met or if the investment thesis is failing to materialize. The Subadvisor may also sell or reduce a position in a security when the security is deemed less attractive relative to another security on a return/risk basis.
Although the Fund may invest in securities of companies across all market capitalizations, it may invest a significant portion of its assets in companies of one particular market capitalization category when the Subadvisor believes such companies offer attractive opportunities. The Fund may also invest up to 15% of its net assets in foreign securities.
MAWNX - Performance
Return Ranking - Trailing
Period | MAWNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -42.1% | -72.7% | 32.0% | 99.66% |
1 Yr | 70.8% | -0.7% | 140.9% | 4.82% |
3 Yr | 13.3%* | -7.0% | 22.3% | 77.41% |
5 Yr | 13.9%* | 2.9% | 23.0% | 73.00% |
10 Yr | 11.1%* | 2.1% | 15.3% | 86.39% |
* Annualized
Return Ranking - Calendar
Period | MAWNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | -40.9% | 2181.7% | 60.76% |
2022 | 15.9% | -22.7% | 41.1% | 84.92% |
2021 | -18.6% | -100.0% | 17.1% | 77.77% |
2020 | 6.2% | -100.0% | 33.2% | 86.96% |
2019 | 4.2% | -44.8% | 25.0% | 72.94% |
Total Return Ranking - Trailing
Period | MAWNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -42.1% | -72.7% | 32.0% | 99.66% |
1 Yr | 62.2% | -0.7% | 140.9% | 17.05% |
3 Yr | 11.4%* | -7.0% | 22.3% | 90.08% |
5 Yr | 12.7%* | 2.9% | 23.0% | 84.92% |
10 Yr | 10.6%* | 2.1% | 15.3% | 89.59% |
* Annualized
Total Return Ranking - Calendar
Period | MAWNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | -40.9% | 2181.7% | 60.76% |
2022 | 15.9% | -21.6% | 41.1% | 84.92% |
2021 | -11.3% | -100.0% | 17.1% | 64.50% |
2020 | 22.3% | -100.0% | 33.2% | 16.65% |
2019 | 8.6% | -13.4% | 26.8% | 61.82% |
NAV & Total Return History
MAWNX - Holdings
Concentration Analysis
MAWNX | Category Low | Category High | MAWNX % Rank | |
---|---|---|---|---|
Net Assets | 471 M | 20 | 1.15 T | 60.10% |
Number of Holdings | 69 | 1 | 3755 | 67.56% |
Net Assets in Top 10 | 151 M | -247 M | 246 B | 61.19% |
Weighting of Top 10 | 32.12% | 2.0% | 100.0% | 41.66% |
Top 10 Holdings
- Microsoft Corp 6.87%
- Alphabet Inc Class C 4.51%
- Facebook Inc A 4.06%
- Broadcom Inc 3.24%
- MainStay US Government Liquidity I 2.96%
- Texas Pacific Land Corp 2.88%
- Micron Technology Inc 2.77%
- Lam Research Corp 2.30%
- Walmart Inc 2.26%
- UnitedHealth Group Inc 2.23%
Asset Allocation
Weighting | Return Low | Return High | MAWNX % Rank | |
---|---|---|---|---|
Stocks | 97.08% | 0.00% | 193.92% | 86.76% |
Cash | 2.91% | -94.07% | 100.00% | 12.00% |
Preferred Stocks | 0.00% | 0.00% | 11.50% | 65.15% |
Other | 0.00% | -15.45% | 100.00% | 63.94% |
Convertible Bonds | 0.00% | 0.00% | 10.44% | 63.20% |
Bonds | 0.00% | -9.53% | 99.90% | 65.44% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MAWNX % Rank | |
---|---|---|---|---|
Technology | 20.81% | 0.00% | 57.80% | 69.18% |
Financial Services | 17.09% | 0.00% | 72.27% | 21.72% |
Communication Services | 15.43% | 0.00% | 31.09% | 5.36% |
Healthcare | 12.72% | 0.00% | 52.91% | 70.81% |
Industrials | 11.77% | 0.00% | 29.19% | 25.46% |
Consumer Cyclical | 7.95% | 0.00% | 63.52% | 86.15% |
Consumer Defense | 4.77% | 0.00% | 44.33% | 86.22% |
Energy | 4.09% | 0.00% | 20.22% | 13.58% |
Real Estate | 2.90% | 0.00% | 51.99% | 31.23% |
Basic Materials | 1.43% | 0.00% | 37.14% | 82.35% |
Utilities | 1.03% | 0.00% | 19.11% | 75.63% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MAWNX % Rank | |
---|---|---|---|---|
US | 93.51% | 0.00% | 191.86% | 71.85% |
Non US | 3.57% | -0.08% | 62.89% | 35.39% |
MAWNX - Expenses
Operational Fees
MAWNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.57% | 0.01% | 24.34% | 16.82% |
Management Fee | 0.85% | 0.00% | 2.00% | 91.61% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.92% |
Administrative Fee | N/A | 0.00% | 0.95% | N/A |
Sales Fees
MAWNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.00% | 1.00% | 5.75% | 76.97% |
Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
MAWNX 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.
MAWNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.00% | 438.00% | 57.07% |
MAWNX - Distributions
Dividend Yield Analysis
MAWNX | Category Low | Category High | MAWNX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.27% | 67.96% |
Dividend Distribution Analysis
MAWNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
MAWNX | Category Low | Category High | MAWNX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.18% | -3.04% | 16.95% | 93.87% |
Capital Gain Distribution Analysis
MAWNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2018 | $0.047 | |
Dec 08, 2016 | $0.373 | |
Dec 09, 2015 | $0.158 | |
Dec 10, 2014 | $0.120 | |
Dec 09, 2013 | $0.072 | |
Dec 05, 2012 | $0.111 |
MAWNX - Fund Manager Analysis
Managers
David Pearl
Start Date
Tenure
Tenure Rank
Jun 29, 2009
11.76
11.8%
Mr. David Pearl is a Co-Founder and serves as Executive Vice President, Co-Chief Investment Officer & Portfolio Manager at Epoch Investment Partners. Prior to co-founding Epoch in 2004 with Bill Priest, Tim Taussig and Phil Clark, David was a Managing Director and portfolio manager at Steinberg Priest & Sloane Capital Management, LLC where he was responsible for both institutional and private client assets.
Michael Welhoelter
Start Date
Tenure
Tenure Rank
Jun 29, 2009
11.76
11.8%
Mike is Co-Chief Investment Officer of Epoch Investment Partners. He is also Chief Risk Officer. Mike is responsible for integrating risk management into the investment process. Prior to joining Epoch in 2005, he was a director and portfolio manager in the Quantitative Strategies Group at Columbia Management Group, Inc. Before that, Mike was at Credit Suisse Asset Management Group (“CSAM”), where he was a portfolio manager in the Structured Equity group. Before joining CSAM, he was a portfolio manager and quantitative research analyst at Chancellor/LGT Asset Management.
William Priest
Start Date
Tenure
Tenure Rank
Jun 29, 2009
11.76
11.8%
Mr. William Priest is a Co-Founder and serves as Chief Executive Officer, Portfolio Manager & Co-Chief Investment Officer at Epoch Investment Partners. Prior to cofounding Epoch in 2004 with David Pearl, Tim Taussig and Phil Clark, Bill was a Co-Managing Partner and portfolio manager at Steinberg Priest & Sloane Capital Management, LLC for three years. Before joining Steinberg
Justin Howell
Start Date
Tenure
Tenure Rank
Apr 13, 2018
2.97
3.0%
Justin is a portfolio manager and senior equity research analyst. Prior to joining Epoch in 2012, he spent nine years at JPMorgan Chase as a research analyst. Justin has experience in the consumer, financial services and healthcare services sectors. Previously he worked in the research department at FTN Midwest Research. Justin earned a BA in Business Administration from the University of Michigan.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 42.27 | 6.25 | 1.25 |