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Address And Details

30 Hudson Street , Jersey City, NJ 07302
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks long-term growth of capital and, secondarily, current income. Funds are described and offered for direct investment in separate prospectuses. The Fund is designed for investors with a particular risk profile as represented by the asset class allocations described below, and invests in a distinct mix of Underlying Funds.The Fund seeks to achieve its investment objective by normally investing approximately 60% (within a range of 50% to 70%) of its assets in Underlying Equity Funds, and approximately 40% (within a range of 30% to 50%) of its assets in Underlying Fixed-Income Funds. The Fund may invest approximately 15% (within a range of 5% to 25%) of its assets in Underlying International Equity Funds. New York Life Investments may change the asset class allocations, the Underlying Funds in which the Fund invests, or the target weighting without approval from shareholders. With respect to investments in Underlying Funds that invest significantly in both U.S. and non-U.S. equity securities, New York Life Investments will generally allocate such investments equally between Underlying U.S. Equity Funds and International Equity Funds.New York Life Investments will determine each Underlying Funds asset class, and for Underlying Funds that may potentially fall into multiple asset classes, New York Life Investments will classify them based on certain factors, including, but not limited to, the Underlying Fund's investment strategy and portfolio characteristics. The Underlying Funds may engage in strategies involving non-traditional asset classes (e.g., master limited partnerships), non-traditional investment strategies (e.g., non-correlated returns or short sales) or illiquid assets.New York Life Investments uses a two-step asset allocation process to create the Fund's portfolio. The first step includes a strategic review of the target allocations to the equity and fixed-income asset classes and a determination of any tactical allocation adjustments to establish the portion of the Fund's investable portfolio (meaning the Fund's assets available for investment, other than working cash balances) to be invested in each asset class.The following table illustrates the Fund's target allocations among asset classes (the target allocations and/or actual holdings will vary from time to time as a result of the tactical allocation process, although these variations will remain within the ranges described above).

Net Asset Value

as of 6:01 PM ET 01/24/2022

Performance

  • 1 Week
  • -3.25%
  • 1 Month
  • -12.56%
  • 3 Months
  • -12.12%
  • 1 Yr Return
  • -4.46%
  • 5 Yr Return
  • +5.95%

Equity Sector Breakdown

Finance 91.47%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Other 91.47%
Stocks 8.53%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 732.67 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -2.48 -2.83 -2.20
Beta 0.65 0.65 0.66
R Squared 0.96 0.95 0.94
Std Deviation 11.65 10.27 8.94
Sharpe Ratio 1.20 0.84 n/a

Purchase Information

as of 5:50 PM ET 01/21/2022
Minimum Initial $15000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • +11.96%
  • +11.96%
+11.96% +11.96%
3 Year
  • +14.19%
  • +14.19%
+14.19% +14.19%
10 Year
  • +8.62%
  • +8.62%
+8.62% +8.62%
Life Of Fund
  • +6.91%
  • +6.91%
+6.91% +6.91%

Top 10 Holdings

Symbol Company Name % Of Assets
SHRT TOTAL*SHORT TERM INVESTMENTS 8.28%
MLAAX MAINSTAY LARGE CAP GROWTH 5.73%
IQSU IQ CANDRIAM ESG US EQUITY ETF 5.53%
MSXAX MAINSTAY S&P 500 INDEX FUND 4.69%
MSOAX MAINSTAY COMMON STOCK FD 4.63%
MDHAX MAINSTAY SHORT DUR HI YLD FD 4.46%
MXFAX MAINSTAY FLOATING RATE FUND 3.95%
CLRG IQ CHAIKIN US LARGE CAP ETF 3.82%
MAPAX MAINSTAY MAP FUND 3.77%
MOINX MAINSTAY US SMALL CAP FUND 3.46%

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