Mainstay Nerstone Growth Fund Quote
| KLGCX Fund | USD 41.40 0.40 0.98% |
Performance1 of 100
| Odds Of DistressLess than 21
|
Mainstay Nerstone is trading at 41.40 as of the 22nd of December 2024; that is 0.98 percent increase since the beginning of the trading day. The fund's open price was 41.0. Mainstay Nerstone has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 22nd of November 2024 and ending today, the 22nd of December 2024. Click here to learn more.
The fund invests primarily in stocks of large-capitalization U.S. companies considered to have above-average earnings growth potential and reasonable stock prices in comparison with expected earnings. Under normal circumstances, at least 80 percent of its assets will be invested in securities issued by U.S. More on Mainstay Nerstone Growth
Mainstay Mutual Fund Highlights
| Fund Concentration | New York Life Investment Management LLC Funds, Large Growth Funds, Large Growth, New York Life Investment Management LLC (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 28th of February 2023 |
| Fiscal Year End | October |
Mainstay Nerstone Growth [KLGCX] is traded in USA and was established 22nd of December 2024. Mainstay Nerstone is listed under New York Life Investment Management LLC category by Fama And French industry classification. The fund is listed under Large Growth category and is part of New York Life Investment Management LLC family. This fund now has accumulated 808.7 M in assets with no minimum investment requirementsMainstay Nerstone Growth is currently producing year-to-date (YTD) return of 25.81%, while the total return for the last 3 years was 5.73%.
Check Mainstay Nerstone Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Mainstay Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Mainstay Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Mainstay Nerstone Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Mainstay Nerstone Growth Mutual Fund Constituents
| TGT | Target | Stock | Consumer Staples | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology | |
| BIDU | Baidu Inc | Stock | Communication Services | |
| GILD | Gilead Sciences | Stock | Health Care | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| V | Visa Class A | Stock | Financials | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
Mainstay Nerstone Growth Risk Profiles
| Mean Deviation | 0.7636 | |||
| Semi Deviation | 1.51 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.35 |
Mainstay Nerstone Against Markets
Other Information on Investing in Mainstay Mutual Fund
Mainstay Nerstone financial ratios help investors to determine whether Mainstay Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstay with respect to the benefits of owning Mainstay Nerstone security.
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