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Morningstar

MainStay CBRE Real Estate A CLARX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 8.32  /  +1.84 %
  • Total Assets 281.9 Mil
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 1.180%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Real Estate
  • Investment Style Mid Blend
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 3.60%
  • Turnover 78%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:05 PM GMT+0

Morningstar’s Analysis CLARX

Will CLARX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLARX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CLARX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CLARX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This fund's revamped process is a strength.

Senior Analyst David Kathman

David Kathman

Senior Analyst

Summary

MainStay CBRE Real Estate’s deep team and distinctive process have led to solid results. The fund maintains Above Average People and Process ratings.

by David Kathman
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CLARX

More CLARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Equinix Inc

7.90 21.6 Mil
Real Estate

Public Storage

7.41 20.2 Mil
Real Estate

Realty Income Corp

7.34 20.0 Mil
Real Estate

American Tower Corp

6.33 17.3 Mil
Real Estate

Simon Property Group Inc

5.23 14.3 Mil
Real Estate

Welltower Inc

5.19 14.2 Mil
Real Estate

Prologis Inc

4.77 13.0 Mil
Real Estate

VICI Properties Inc Ordinary Shares

4.16 11.4 Mil
Real Estate

Rexford Industrial Realty Inc

3.92 10.7 Mil
Real Estate

SBA Communications Corp Class A

3.73 10.2 Mil
Real Estate