Mainstay Nerstone Growth Fund Quote
| KLGNX Fund | USD 47.94 0.08 0.17% |
Performance5 of 100
| Odds Of DistressLess than 21
|
Mainstay Nerstone is trading at 47.94 as of the 11th of December 2024; that is 0.17 percent down since the beginning of the trading day. The fund's open price was 48.02. 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 December 2022 and ending today, the 11th 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
Moving together with Mainstay Mutual Fund
| 0.62 | MLINX | Mainstay Large Cap | PairCorr |
| 0.67 | MLRTX | Mainstay Large Cap | PairCorr |
| 0.76 | MLRSX | Mainstay Large Cap | PairCorr |
| 0.72 | MLRRX | Mainstay Large Cap | PairCorr |
Moving against Mainstay Mutual Fund
Mainstay Mutual Fund Highlights
| Fund Concentration | MainStay Funds, Large Growth Funds, Large Growth, MainStay (View all Sectors) |
| Update Date | 31st of December 2024 |
Mainstay Nerstone Growth [KLGNX] is traded in USA and was established 11th of December 2024. Mainstay Nerstone is listed under MainStay category by Fama And French industry classification. The fund is listed under Large Growth category and is part of MainStay family. This fund now has accumulated 726.48 M in assets with no minimum investment requirementsMainstay Nerstone Growth is currently producing year-to-date (YTD) return of 29.17%, while the total return for the last 3 years was 6.5%.
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
| ABBV | AbbVie Inc | Stock | Health Care | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| DIS | Walt Disney | Stock | Communication Services | |
| MO | Altria Group | Stock | Consumer Staples | |
| MCD | McDonalds | Stock | Consumer Discretionary | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| V | Visa Class A | Stock | Financials | |
| AAPL | Apple Inc | Stock | Information Technology |
Mainstay Nerstone Growth Risk Profiles
| Mean Deviation | 0.7253 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 |
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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