MainStay CBRE Real Estate remains a generally solid option for U.S. real estate exposure, with a deep team and a proven process. The fund maintains its Morningstar Medalist Rating of Bronze for the relatively cheap I and R6 shares, and Neutral for the rest.
MainStay CBRE Real Estate R6 VREQX
- NAV / 1-Day Return 9.64 / +0.94 %
- Total Assets 266.7 Mil
-
Adj. Expense Ratio
0.740%
- Expense Ratio 0.740%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Real Estate
- Investment Style Mid Blend
- Min. Initial Investment —
- Status Open
- TTM Yield 2.89%
- Turnover 65%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:45 PM GMT+0
Morningstar’s Analysis VREQX
Will VREQX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 | 9.90 | 27.7 Mil | Real Estate |
Public Storage | 7.55 | 21.1 Mil | Real Estate |
Realty Income Corp | 6.39 | 17.9 Mil | Real Estate |
Simon Property Group Inc | 5.80 | 16.2 Mil | Real Estate |
Prologis Inc | 5.63 | 15.7 Mil | Real Estate |
American Tower Corp | 5.05 | 14.1 Mil | Real Estate |
Welltower Inc | 5.03 | 14.1 Mil | Real Estate |
VICI Properties Inc Ordinary Shares | 4.47 | 12.5 Mil | Real Estate |
Crown Castle Inc | 3.86 | 10.8 Mil | Real Estate |
Rexford Industrial Realty Inc | 3.82 | 10.7 Mil | Real Estate |