NYLI CBRE Real Estate Class A (CLARX)
| Fund Assets | 225.39M |
| Expense Ratio | 1.18% |
| Min. Investment | $15,000 |
| Turnover | 98.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 2.47% |
| Dividend Growth | -25.33% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.06 |
| YTD Return | -1.06% |
| 1-Year Return | -1.19% |
| 5-Year Return | 34.54% |
| 52-Week Low | 7.27 |
| 52-Week High | 9.16 |
| Beta (5Y) | n/a |
| Holdings | 46 |
| Inception Date | Dec 20, 2002 |
About CLARX
NYLI CBRE Real Estate Fund Class A is an actively managed mutual fund specializing in the real estate sector. Its primary objective is to seek total return by investing at least 80% of its assets in common and preferred stocks of U.S. real estate investment trusts (REITs) and other real estate companies. The fund is non-diversified, allowing it to concentrate its holdings in fewer issuers compared to diversified funds, and typically includes a portfolio of around 40 to 50 holdings. Managed by New York Life Investment Management LLC, with CBRE Investment Management as sub-adviser, the fund leverages an experienced team and a proven investment process focused on publicly traded real estate securities. It invests across both core and emerging real estate sectors, providing exposure to companies of varying market capitalizations, but generally avoids those below $100 million in size. The fund is structured to complement traditional stock and bond portfolios, offering potential diversification benefits and a yield profile often attractive to income-seeking investors. Dividends are typically distributed quarterly, and the fund’s open-ended structure ensures liquidity and transparency for shareholders.
Performance
CLARX had a total return of -1.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.51%.
Top 10 Holdings
55.86% of assets| Name | Symbol | Weight |
|---|---|---|
| American Tower Corporation | AMT | 9.43% |
| Welltower Inc. | WELL | 9.27% |
| Equinix, Inc. | EQIX | 7.34% |
| Simon Property Group, Inc. | SPG | 6.31% |
| Prologis, Inc. | PLD | 5.17% |
| Extra Space Storage Inc. | EXR | 3.81% |
| Realty Income Corporation | O | 3.74% |
| VICI Properties Inc. | VICI | 3.61% |
| Digital Realty Trust, Inc. | DLR | 3.60% |
| SBA Communications Corporation | SBAC | 3.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0376 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0781 | Mar 31, 2025 |
| Dec 10, 2024 | $0.04648 | Dec 10, 2024 |
| Sep 30, 2024 | $0.0486 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0421 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0213 | Mar 28, 2024 |