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.
Fund Family New York Life Investment Management LLC
Category Real Estate
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VREQX
Share Class Class R6
Index FTSE NAREIT All Equity REITS TR
VREQX had a total return of 7.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.96%.
