NYLI Balanced Class I (MBAIX)
| Fund Assets | 453.93M |
| Expense Ratio | 1.37% |
| Min. Investment | $1,000,000 |
| Turnover | 201.00% |
| Dividend (ttm) | 2.20 |
| Dividend Yield | 6.74% |
| Dividend Growth | 17.73% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 32.41 |
| YTD Return | 3.20% |
| 1-Year Return | 11.99% |
| 5-Year Return | 40.61% |
| 52-Week Low | 27.18 |
| 52-Week High | 32.64 |
| Beta (5Y) | n/a |
| Holdings | 215 |
| Inception Date | May 1, 1989 |
About MBAIX
NYLI Balanced Fund Class I is an open-end mutual fund designed to provide investors with a broadly diversified, balanced portfolio by allocating assets between equities and fixed income securities. Its primary purpose is to achieve total return, balancing capital appreciation from stocks with the income-generating potential of bonds. Typically, the fund maintains an approximate 60% allocation to equities—including large-cap U.S. stocks—and a 40% allocation to fixed income instruments, though these ratios may be adjusted in response to market conditions. Stock selection within the fund is driven by a fundamental, bottom-up core value strategy, while the fixed income portion employs a duration-neutral, relative value approach to manage interest rate risk and credit exposure. The portfolio is managed independently by dedicated specialists in equities and fixed income, aiming to leverage expertise in each asset class. As part of the moderate allocation category, the fund seeks to balance growth and preservation of capital, making it significant for investors interested in a diversified approach that moderates volatility while pursuing both income and appreciation over time.
Performance
MBAIX had a total return of 11.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.87%.
Top 10 Holdings
31.24% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.5% | T.3.5 10.31.27 | 7.44% |
| iShares Intermediate Government/Credit Bond ETF | GVI | 3.79% |
| United States Treasury Notes 3.5% | T.3.5 10.15.28 | 3.50% |
| Alphabet Inc. | GOOG | 3.13% |
| Vanguard Russell 1000 Value ETF | VONV | 2.49% |
| JPMorgan Chase & Co. | JPM | 2.43% |
| Vanguard Intermediate-Term Treasury ETF | VGIT | 2.26% |
| United States Treasury Notes 3.875% | T.3.875 09.30.32 | 2.24% |
| United States Treasury Notes 3.625% | T.3.625 10.31.30 | 2.12% |
| Johnson & Johnson | JNJ | 1.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2025 | $1.5807 | Dec 8, 2025 |
| Sep 30, 2025 | $0.1726 | Sep 30, 2025 |
| Jun 30, 2025 | $0.1754 | Jun 30, 2025 |
| Mar 31, 2025 | $0.2671 | Mar 31, 2025 |
| Dec 9, 2024 | $1.24303 | Dec 9, 2024 |
| Sep 30, 2024 | $0.1799 | Sep 30, 2024 |