MainStay VP Epoch U.S. Equity Yield Portfolio
Data updated: 2026-08-24
C000025788 — MainStay VP Epoch U.S. Equity Yield Portfolio. United States Large Cap Value Equity · $946.20M AUM. Holdings, fees, performance and SEC filings.
C000025788 Fund Overview
MainStay VP Epoch U.S. Equity Yield Portfolio is a US mutual fund managed by Mainstay Vp Funds Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Mainstay Vp Funds Trust
- Category: United States Large Cap Value Equity
- Assets under management: $946.20M
- 1-year return: 23.4%
- SEC CIK: 0000887340
- SEC series ID: S000009429
- Share class ID: C000025788
C000025788 Investment Objective and Strategy
MainStay VP Epoch U.S. Equity Yield Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mainstay Vp Funds Trust.
Investment objective
The Portfolio seeks current income and capital appreciation.
Principal investment strategy
"The Portfolio generally invests in a diversified portfolio consisting of equity securities of U.S. companies that have a history of attractive dividend yields and positive growth in operating cash flow. Under normal circumstances, the Portfolio invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities of dividend-paying U.S. companies across all market capitalizations. The Portfolio may invest up to 15% of its net assets in foreign securities. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuer's ""country of risk"" (or similar designation) as determined by a third-party such as Bloomberg. Equity or equity-related securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer.
Investment Process: Epoch Investment Partners, Inc., the Portfolio's Subadvisor, invests primarily in companies that generate increasing levels of free cash flow and have management teams that the Subadvisor believes allocate free cash flow effectively to create shareholder value. The security selection process focuses on free-cash-flow analytics as opposed to traditional accounting-based metrics. The Subadvisor seeks to identify companies with a consistent, straightforward ability to both generate free cash flow and to intelligently allocate it among internal reinvestment opportunities, acquisitions, dividends, share repurchases and/or debt reduction. The Subadvisor seeks to find and invest in companies that meet its definition of quality-companies that are free cash flow positive or becoming free cash flow positive, and that are led by strong management.
The Subadvisor evaluates whether a company has a focus on shareholder yield by analyzing the company's existing cash dividend, the company's share repurchase activities, and the company's debt reduction activities as well as the likelihood of positive changes to each of these criteria, among other factors. Material environmental, social and governance (""ESG"") factors are identified and monitored by the Subadvisor. Material ESG factors vary by company and industry, but the Subadvisor pays particular attention to factors relating to climate change and corporate governance. This information is taken into account by the Subadvisor in making investment decisions. Material ESG factors are identified and monitored by the Subadvisor through review of ESG information published by the company (where relevant) or selected specialist third-party research and data providers.
While the Subadvisor considers ESG factors in the investment decision-making process of the Portfolio, this does not mean that ESG considerations are the sole or foremost considerations for investment decisions. The Subadvisor may sell or reduce a position in a security when it believes its investment objectives have been met or if the investment thesis is failing to materialize. The Subadvisor may also sell or reduce a position in a security if it sees an interruption to the dividend policy, a deterioration in fundamentals or when the security is deemed less attractive relative to another security on a return/risk basis."
C000025788 Holdings
Top 10 holdings of MainStay VP Epoch U.S. Equity Yield Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dell Technologies, Inc. | 2.29% |
| Cisco Systems, Inc. | 2.25% |
| JPMorgan Chase & Co. | 2.14% |
| Bank of America Corp. | 2.09% |
| Johnson & Johnson | 2.08% |
| CVS Health Corp. | 1.94% |
| AbbVie, Inc. | 1.81% |
| Broadcom, Inc. | 1.80% |
| MetLife, Inc. | 1.68% |
| Hewlett Packard Enterprise Co. | 1.64% |
C000025788 Portfolio Allocation
Asset-class allocation of MainStay VP Epoch U.S. Equity Yield Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.6% |
| Other | 2.2% |
| Cash & Equivalents | 1.5% |
C000025788 Performance
Total returns for C000025788 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 15.0% |
| 1 year | 23.4% |
| 3 years (annualised) | 18.3% |
| 5 years (annualised) | 12.3% |
C000025788 Risk Information
Risk metrics for C000025788, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.5%
C000025788 Costs and Fees
C000025788 costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.73%
- Portfolio turnover: 23%
- Brokerage commissions: 1.79 bps of average net assets (SEC N-CEN)
C000025788 Cashflows
Over the 12 months to 2026-06, MainStay VP Epoch U.S. Equity Yield Portfolio had net outflows of $18.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$8.44M |
| 2026-05 | −$15.20M |
| 2026-04 | −$26.56M |
| 2026-03 | −$13.34M |
| 2026-02 | −$13.01M |
| 2026-01 | −$6.62M |
C000025788 Debt Constituents
No individual debt constituents are reported in MainStay VP Epoch U.S. Equity Yield Portfolio's latest SEC N-PORT filing.
C000025788 Prospectus and SEC Filings
Official MainStay VP Epoch U.S. Equity Yield Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-16
- Prospectus (485BPOS) — filed 2025-04-16
- Prospectus (485BPOS) — filed 2024-04-19
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.