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Trending ETFs

Name

As of 03/25/2024

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

$37.32

$503 M

0.46%

$0.17

0.94%

Vitals

YTD Return

8.4%

1 yr return

29.8%

3 Yr Avg Return

10.9%

5 Yr Avg Return

14.2%

Net Assets

$503 M

Holdings in Top 10

48.2%

52 WEEK LOW AND HIGH

$37.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.94%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$15,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/25/2024

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

$37.32

$503 M

0.46%

$0.17

0.94%

MSOAX - Profile

Distributions

  • YTD Total Return 8.4%
  • 3 Yr Annualized Total Return 10.9%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.19%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MainStay WMC Enduring Capital Fund
  • Fund Family Name
    Mainstay Group of Funds
  • Inception Date
    Jun 01, 1998
  • Shares Outstanding
    6527738
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Whitaker

Fund Description

Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in common stocks. The Fund invests in common stocks of U.S. companies with market capitalizations that, at the time of investment, are similar to the market capitalizations of companies whose stocks are included in the Standard & Poor's 500® Index ("S&P 500® Index”) (which ranged from $6 billion to

$3 trillion as of December 31, 2023) or the Russell 3000® Index (which ranged from $10 million to $3 trillion as of December 31, 2023). The Fund may also invest in securities of foreign issuers, including securities of emerging market country issuers. 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. Wellington Management Company LLP, the Fund’s Subadvisor (the “Subadvisor”), defines emerging market countries as those countries that are included in the MSCI Emerging Markets Index. The Fund may also invest in real estate investment trusts (“REITs”). REITs are pooled investment vehicles that invest primarily in either real estate or real estate-related loans.

Investment Process: The Subadvisor seeks to identify companies that have a decades-long perspective, and resilient businesses run by owner-minded executives skilled at capital allocation. When purchasing stocks for the Fund, the Subadvisor assesses the strength and resilience of each company’s business, opportunities for growth and investment in the business, management, quality and capital allocation skill and valuation. The Subadvisor may sell a security due to a company’s reduced cash flow resiliency, fewer growth opportunities, or adverse changes to the management team and culture. To better assess strategic business issues that impact the performance of a company, the Subadvisor may also give consideration to financially material environmental, social and/or governance (“ESG”) factors. The Subadvisor has discretion to determine the materiality of, as well as the level at which, financially relevant ESG factors are imbedded into its overall fundamental analysis when making an investment decision.

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MSOAX - Performance

Return Ranking - Trailing

Period MSOAX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% 0.4% 17.9% 65.50%
1 Yr 29.8% 3.1% 55.0% 57.60%
3 Yr 10.9%* -9.6% 31.7% 17.06%
5 Yr 14.2%* -7.9% 109.6% 38.41%
10 Yr 11.8%* 0.4% 20.9% 42.94%

* Annualized

Return Ranking - Calendar

Period MSOAX Return Category Return Low Category Return High Rank in Category (%)
2023 16.7% -42.6% 47.4% 59.19%
2022 -16.5% -56.3% -4.2% 13.41%
2021 23.9% -27.2% 53.7% 19.72%
2020 14.5% -36.2% 2181.7% 34.74%
2019 17.5% -22.7% 40.4% 79.42%

Total Return Ranking - Trailing

Period MSOAX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% 0.4% 17.9% 65.50%
1 Yr 29.8% 3.1% 55.0% 57.60%
3 Yr 10.9%* -9.6% 31.7% 17.06%
5 Yr 14.2%* -7.9% 109.6% 38.41%
10 Yr 11.8%* 0.4% 20.9% 42.94%

* Annualized

Total Return Ranking - Calendar

Period MSOAX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% -5.0% 47.4% 80.51%
2022 -13.2% -36.8% -2.2% 17.24%
2021 35.1% 3.0% 124.3% 2.44%
2020 15.5% -15.8% 2266.0% 58.85%
2019 24.8% -0.4% 241.3% 88.52%

NAV & Total Return History


MSOAX - Holdings

Concentration Analysis

MSOAX Category Low Category High MSOAX % Rank
Net Assets 503 M 2.59 M 1.55 T 62.71%
Number of Holdings 35 1 4053 90.38%
Net Assets in Top 10 255 M 885 K 387 B 60.75%
Weighting of Top 10 48.19% 0.3% 112.0% 10.75%

Top 10 Holdings

  1. Constellation Software, Inc. 7.79%
  2. NVR, Inc. 5.23%
  3. PACCAR, Inc. 4.93%
  4. Progressive Corp. (The) 4.90%
  5. Markel Group, Inc. 4.80%
  6. Berkshire Hathaway, Inc., Class B 4.37%
  7. Copart, Inc. 4.25%
  8. Linde plc 4.03%
  9. Expeditors International of Washington, Inc. 3.95%
  10. Costco Wholesale Corp. 3.94%

Asset Allocation

Weighting Return Low Return High MSOAX % Rank
Stocks
97.30% 0.00% 124.03% 44.57%
Cash
3.12% 0.00% 99.06% 45.50%
Preferred Stocks
0.00% 0.00% 2.38% 18.69%
Other
0.00% -13.91% 100.00% 41.91%
Convertible Bonds
0.00% 0.00% 5.54% 14.12%
Bonds
0.00% -0.50% 94.15% 20.33%

Stock Sector Breakdown

Weighting Return Low Return High MSOAX % Rank
Industrials
29.28% 0.00% 29.90% 0.32%
Financial Services
24.91% 0.00% 55.59% 3.02%
Consumer Cyclical
9.00% 0.00% 30.33% 74.54%
Basic Materials
7.18% 0.00% 25.70% 5.33%
Healthcare
7.14% 0.00% 60.70% 97.06%
Technology
6.83% 0.00% 48.94% 96.98%
Real Estate
6.52% 0.00% 31.91% 3.26%
Consumer Defense
3.90% 0.00% 47.71% 92.12%
Utilities
2.82% 0.00% 20.91% 42.40%
Communication Services
2.43% 0.00% 27.94% 93.40%
Energy
0.00% 0.00% 41.64% 87.11%

Stock Geographic Breakdown

Weighting Return Low Return High MSOAX % Rank
US
86.39% 0.00% 124.03% 91.09%
Non US
10.91% 0.00% 62.81% 4.22%

MSOAX - Expenses

Operational Fees

MSOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.94% 0.01% 16.07% 39.97%
Management Fee 0.55% 0.00% 1.89% 54.05%
12b-1 Fee 0.25% 0.00% 1.00% 32.76%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

MSOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.00% 5.75% 50.68%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MSOAX 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.

MSOAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 496.00% 46.73%

MSOAX - Distributions

Dividend Yield Analysis

MSOAX Category Low Category High MSOAX % Rank
Dividend Yield 0.46% 0.00% 25.03% 72.65%

Dividend Distribution Analysis

MSOAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Annual

Net Income Ratio Analysis

MSOAX Category Low Category High MSOAX % Rank
Net Income Ratio 0.19% -54.00% 6.06% 77.02%

Capital Gain Distribution Analysis

MSOAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Distributions History

View More +

MSOAX - Fund Manager Analysis

Managers

Mark Whitaker


Start Date

Tenure

Tenure Rank

Mar 05, 2021

1.24

1.2%

Mark A. Whitaker, CFA, Senior Managing Director and Equity Portfolio Manager, is involved in portfolio management for Funds. Mark is an equity portfolio manager on Wellington Management's Mid Cap Opportunities Team, which manages accounts for a globally diverse group of individual, institutional, and mutual fund clients. Prior to joining the firm in 2004, Mark was an equity research analyst at Morgan Stanley, covering packaging and containers and electrical equipment (2000 — 2002). Before that, Mark was a cash management consultant at Ernst & Young (1999 — 2000). Mark received his MBA from Stanford University (2004) and his BS in business administration from the University of Kansas, Lawrence (1999). He holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.21 2.42