- What does MECDX invest in?
- The primary objective of this fund is to achieve substantial capital growth over an extended timeframe. It typically constructs a diverse collection of global stock holdings, encompassing U.S.-based firms. Key criteria for selecting these companies include a consistent track record of generating superior returns on their invested capital, compared to their funding costs, and a demonstrated increase in operating cash flow. A substantial portion, specifically at least 80% of its total assets (including any borrowed funds for investment), is committed to equities from companies spanning the entire spectrum of market capitalizations. Furthermore, the fund possesses the flexibility to allocate up to one-fifth of its net assets to securities issued by companies in developing economies, as decided by its Subadvisor.
- What is the expense ratio of MECDX?
- MainStay Epoch Capital Growth Fund - Class A (MECDX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MECDX?
- MainStay Epoch Capital Growth Fund - Class A (MECDX) manages $137.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is MECDX actively managed or an index fund?
- MECDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MECDX launched?
- MainStay Epoch Capital Growth Fund - Class A (MECDX) launched in July 2016 and is managed by the fund issuer.
- How has MECDX performed?
- MECDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
