MainStay CBRE Real Estate's recent strong performance has added to our confidence in its revamped process. The fund earns a Morningstar Analyst Rating of Bronze for the relatively cheap I and R6 shares, and Neutral for all other share classes.
MainStay CBRE Real Estate I CRARX
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CRARX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CRARX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CRARX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CRARX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This fund's revamped process is looking better.
