Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), American Tower Corp (NYSE:AMT), Targa Resources Corp (NYSE:TRGP).
Industry description
The investment seeks total return.
The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities issued by infrastructure companies. The Sub-Adviser expects to invest primarily in equity securities of companies located in a number of different countries, including the United States. The fund invests primarily in common stock, but may also invest in other equity securities including preferred stocks, convertible securities, rights or warrants to buy common stocks, and depositary receipts with characteristics similar to common stock.
Market Cap
The average market capitalization across the MainStay CBRE Global Infrastructure I MF is 47.12B. The market cap for tickers in the group ranges from 19.62B to 118.08B. NEE holds the highest valuation in this group at 118.08B. The lowest valued company is TRGP at 19.62B.
Volume
The average weekly volume growth across all stocks in the MainStay CBRE Global Infrastructure I MF was 17%. For the same stocks of the MF, the average monthly volume growth was -7% and the average quarterly volume growth was -28%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 70
Price Growth Rating: 49
SMR Rating: 64
Profit Risk Rating: 52
Seasonality Score: -4 (-100 ... +100)