4 / 5 Stars
4 3 5 3 5
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 4.94 percent over the past year, 9.35 percent over the past three years, and 12.49 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-3.5%|
|3 Years (Annualized)||9.4%|
|5 Years (Annualized)||12.5%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation. Under normal market conditions, the fund's investments in fixed-income securities consist of investment grade corporate bonds and debentures, mortgage-backed and asset-backed securities, United States Treasury obligations, municipal securities, obligations issued by the U.S. government and its agencies or instrumentalities and convertible securities.
Fees are Above Average compared to funds in the same category.
MainStay Marketfield Fund has an expense ratio of 1.52 percent.
Risk is Average compared to funds in the same category according to Morningstar.