NYLI CBRE Real Estate Class R6 (VREQX)
| Fund Assets | 235.16M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000,000 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.42% |
| Dividend Growth | -21.21% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.36 |
| YTD Return | 0.33% |
| 1-Year Return | 1.76% |
| 5-Year Return | 47.76% |
| 52-Week Low | 9.31 |
| 52-Week High | 11.68 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Jul 3, 2014 |
About VREQX
MainStay CBRE Real Estate Fund; Class R6 Shares is an open-end mutual fund designed to deliver total return by investing primarily in the U.S. real estate sector. The fund seeks to achieve both income and long-term capital appreciation by allocating at least 80% of its assets to common and preferred stocks of real estate investment trusts (REITs) and other real estate companies. It is managed by CBRE Investment Management, leveraging their expertise and proprietary research tools to evaluate property market conditions, trends, and the performance of individual securities. The fund adopts a non-diversified investment approach, allowing for larger allocations to select issuers, which can increase potential rewards and risks. With over 50 holdings, the portfolio is concentrated among leading real estate firms, including those specializing in net lease properties, data centers, healthcare, and residential real estate. MainStay CBRE Real Estate Fund; Class R6 Shares is often used by institutional investors and retirement plans seeking a liquid, transparent, and income-generating exposure to the real estate market, serving as both a diversifier against traditional equity and bond investments and as a complement to direct real assets exposure.
Performance
VREQX had a total return of 1.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.36%.
Top 10 Holdings
55.90% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 9.44% |
| Welltower Inc. | WELL | 9.28% |
| Equinix, Inc. | EQIX | 7.35% |
| Simon Property Group, Inc. | SPG | 6.31% |
| Prologis, Inc. | PLD | 5.17% |
| Extra Space Storage Inc. | EXR | 3.81% |
| Realty Income Corporation | O | 3.75% |
| VICI Properties Inc. | VICI | 3.61% |
| Digital Realty Trust, Inc. | DLR | 3.60% |
| SBA Communications Corporation | SBAC | 3.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0473 | Jun 30, 2025 |
| Mar 31, 2025 | $0.088 | Mar 31, 2025 |
| Dec 10, 2024 | $0.05707 | Dec 10, 2024 |
| Sep 30, 2024 | $0.0587 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0514 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0307 | Mar 28, 2024 |