MainStay VP T. Rowe Price Equity Income Portfolio
Data updated: 2026-08-24
C000104631 — MainStay VP T. Rowe Price Equity Income Portfolio. United States Large Cap Value Equity. Holdings, fees, performance and SEC filings.
C000104631 Fund Overview
MainStay VP T. Rowe Price Equity Income 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: $336.54M
- 1-year return: 16.7%
- SEC CIK: 0000887340
- SEC series ID: S000033930
- Share class ID: C000104631
C000104631 Investment Objective and Strategy
MainStay VP T. Rowe Price Equity Income 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 long-term capital growth. Income is a secondary objective.
Principal investment strategy
Under normal circumstances, the Portfolio will invest at least 80% of its assets (net assets plus borrowings for investment purposes) in equity securities of large capitalization companies. Equity securities include common stock, preferred stock and equity-equivalent securities, such as securities convertible into common stock. Equity or equity-related securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. For purposes of this 80% test, the Portfolio defines large capitalization companies as those that are in the capitalization range of the Standard & Poors 500 Index (S&P 500 Index). Though market capitalizations may change from time to time, as of February 28, 2026, the total market capitalization range of the S&P 500 Index was approximately $6.7 billion to $4.3 trillion.
The Portfolio generally invests in large capitalization companies it believes show sustainable business improvement using a proprietary multi-factor quantitative model that combines financial measures of a stocks value, growth potential and price momentum with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score that are combined on an equal basis to create an overall score. To measure value, American Century Investment Management, Inc., the Portfolios Subadvisor, may use ratios of stock price-to-earnings and stock price-to-cash flow. To measure growth, the Subadvisor may use the rate of growth of a companys earnings and cash flow and changes in its earnings estimates. The Subadvisor arrives at an ESG score by evaluating multiple metrics of each ESG characteristicenvironmental, social, and governance.
The Subadvisor utilizes internal data and research, as well as third-party commercial data sources and scoring systems, to evaluate each securitys ESG characteristics. To the extent such information is available and relevant for a particular company, the Subadvisor will consider, among others, a companys carbon emission profile, energy and water usage, or waste generation (environmental), a companys employee turnover rates, digital privacy, or worker safety (social), and a companys corporate leadership, including board chair independence and the independence of audit and compensation committees or shareholder rights such as say on pay (governance). If an ESG score is unavailable or incomplete, a security may still be selected for the portfolio if the Subadvisor believes it can evaluate the security qualitatively or if the financial metrics and/or remaining ESG data merit investment.
Qualitative review of portfolio securities may include examination of registration statements and other information provided by the company as well as engagement with company management. Final scores for each security are assigned by the Subadvisors multi-factor quantitative model and are evaluated on a sector-specific basis, and the Portfolio seeks to hold securities with the highest scores in their respective sectors. Using this process, the Subadvisor attempts to build a portfolio that has sustainable competitive advantages, provides better returns without taking on significant additional risk and maintains a stronger ESG profile than the S&P 500 Index. While the Portfolio invests at least 80% of its assets (net assets plus borrowings for investment purposes) in equity securities of large capitalization companies, it may invest in companies of any market capitalization.
Although the Subadvisor intends to invest the Portfolios assets primarily in securities of U.S. companies, the Portfolio may invest in securities of foreign companies. 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. When determining whether to sell a security, the Subadvisor considers, among other things, a securitys price, whether a securitys risk parameters outweigh its return opportunities, general market conditions and whether the security meets the Subadvisors ESG criteria.
C000104631 Holdings
Top 10 holdings of MainStay VP T. Rowe Price Equity Income Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 8.04% |
| Alphabet, Inc. | 6.47% |
| Microsoft Corp. | 5.50% |
| Apple, Inc. | 4.87% |
| Amazon.com, Inc. | 3.42% |
| Broadcom, Inc. | 3.28% |
| Micron Technology, Inc. | 2.05% |
| Applied Materials, Inc. | 1.78% |
| Eli Lilly & Co. | 1.64% |
| NextEra Energy, Inc. | 1.60% |
C000104631 Portfolio Allocation
Asset-class allocation of MainStay VP T. Rowe Price Equity Income Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 0.5% |
| Other | 0.2% |
C000104631 Performance
Total returns for C000104631 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.5% |
| 1 year | 16.7% |
| 3 years (annualised) | 15.8% |
| 5 years (annualised) | 11.8% |
C000104631 Risk Information
Risk metrics for C000104631, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.1%
C000104631 Costs and Fees
C000104631 costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 26%
- Brokerage commissions: 0.71 bps of average net assets (SEC N-CEN)
C000104631 Cashflows
Over the 12 months to 2026-06, MainStay VP T. Rowe Price Equity Income Portfolio had net outflows of $99.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$10.84M |
| 2026-05 | −$9.76M |
| 2026-04 | −$6.01M |
| 2026-03 | −$13.93M |
| 2026-02 | −$24.99M |
| 2026-01 | −$5.97M |
C000104631 Debt Constituents
No individual debt constituents are reported in MainStay VP T. Rowe Price Equity Income Portfolio's latest SEC N-PORT filing.
C000104631 Prospectus and SEC Filings
Official MainStay VP T. Rowe Price Equity Income 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.