MainStay VP MacKay International Equity Portfolio
Data updated: 2026-08-24
C000025829 — MainStay VP MacKay International Equity Portfolio. Holdings, fees, performance and SEC filings.
C000025829 Fund Overview
MainStay VP MacKay International Equity Portfolio is a US mutual fund managed by Mainstay Vp Funds Trust, categorised as Europe Large Cap Blend / Core Information Technology 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: Europe Large Cap Blend / Core Information Technology Equity
- Assets under management: $329.08M
- 1-year return: 9.7%
- SEC CIK: 0000887340
- SEC series ID: S000009449
- Share class ID: C000025829
C000025829 Investment Objective and Strategy
MainStay VP MacKay International Equity 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 capital appreciation.
Principal investment strategy
PineStone Asset Management Inc., the Portfolios subadvisor (the Subadvisor), seeks to achieve the Portfolios investment objective by investing in a portfolio of international equities. The Portfolio may invest in issuers with market capitalizations of any size, though it generally expects to focus on issuers with market capitalization in excess of $5 billion. Under normal circumstances, the Portfolio invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities. The Portfolio will normally invest in equity securities of foreign companies operating in at least three countries other than the United States, including emerging market countries. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuers country of risk (or similar designation) as determined by a third-party such as Bloomberg, Factset or ICE Data Services Inc.
In addition, the Portfolio considers countries represented in the MSCI Emerging Markets Index to be emerging market countries. From time to time, the Portfolio may focus its investments in certain countries or geographic areas, including Europe. Equity or equity-related securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stock, preferred stock, convertible securities and depositary receipts. The Portfolio may from time to time emphasize one or more sectors in selecting its investments, including the consumer non-cyclical and industrials sectors. In addition, the Portfolio may enter into forward currency contracts to hedge the currency exposure associated with some or all of the Portfolios securities, to shift investment exposure from one currency to another, to shift U.S.
dollar exposure to achieve a representative weighted mix of major currencies in its benchmark, or to adjust an underweight country exposure in its portfolio. The Portfolio may also invest in securities issued by other investment companies. Investment Process: In pursuing the Portfolios investment objective, the Subadvisor employs a bottom-up stock selection approach which results in a portfolio generally ranging from 25 to 45 companies. A bottom-up stock selection approach focuses on the analysis of individual stocks (microeconomic factors) as opposed to the significance of economic cycles and market cycles (macroeconomic factors). The Subadvisor looks for companies that have growth potential that are believed to be trading at attractive valuations. In doing so, the Subadvisor focuses on companies believed by the portfolio management team to have the following characteristics, among others: Competitive advantage in an industry with high barriers to entry; Attractive industry with pricing power, organic growth and limited cyclicality; Strong management teams with sound corporate governance; History of stable profit margins; Solid balance sheet with low leverage; and Attractive valuation with a stock price below intrinsic value.
In evaluating whether to sell a security, the Subadvisor considers, among other factors, whether in its view the company no longer continues to meet the standards described above and/or the Subadvisor believes there are more attractive opportunities available for investment by the Portfolio.
C000025829 Holdings
Top 10 holdings of MainStay VP MacKay International Equity Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. | 11.61% |
| ASML Holding NV | 9.46% |
| InterContinental Hotels Group plc | 6.37% |
| Air Liquide SA | 6.33% |
| Keyence Corp. | 5.98% |
| London Stock Exchange Group plc | 5.10% |
| Cie Financiere Richemont SA | 4.87% |
| Nestle SA | 4.10% |
| LVMH Moet Hennessy Louis Vuitton SE | 3.35% |
| L'Oreal SA | 3.08% |
C000025829 Portfolio Allocation
Asset-class allocation of MainStay VP MacKay International Equity Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 2.9% |
C000025829 Performance
Total returns for C000025829 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.3% |
| 1 year | 9.7% |
| 3 years (annualised) | 7.0% |
| 5 years (annualised) | -0.5% |
C000025829 Risk Information
Risk metrics for C000025829, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.5%
C000025829 Costs and Fees
C000025829 costs about $111 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.11%
- Gross expense ratio: 1.11%
- Portfolio turnover: 12%
- Brokerage commissions: 2.01 bps of average net assets (SEC N-CEN)
C000025829 Cashflows
Over the 12 months to 2026-06, MainStay VP MacKay International Equity Portfolio had net outflows of $136.80M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$4.02M |
| 2026-05 | −$74.95M |
| 2026-04 | −$7.94M |
| 2026-03 | −$2.32M |
| 2026-02 | −$22.52M |
| 2026-01 | −$24.36M |
C000025829 Debt Constituents
No individual debt constituents are reported in MainStay VP MacKay International Equity Portfolio's latest SEC N-PORT filing.
C000025829 Prospectus and SEC Filings
Official MainStay VP MacKay International Equity 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 Europe Large Cap Blend / Core Information Technology 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.