About MBINX
NYLI Balanced Fund Investor Class is a mutual fund that employs a balanced investment strategy, allocating approximately 60% of its assets to equities and 40% to fixed income securities. The fund's primary objective is total return, combining capital appreciation from stocks with income generation from bonds. Managed by specialists dedicated to each asset class, the fund selects equities through a fundamental, bottom-up approach that emphasizes core value, while its fixed income component utilizes a duration-neutral, relative value strategy. This structure aims to provide diversification and moderate risk exposure, targeting investors seeking a blend of growth and income. As part of the moderate allocation category, NYLI Balanced Fund Investor Class plays a significant role in offering stability, income, and the potential for long-term appreciation within a single portfolio, making it suitable for those looking to balance capital preservation with growth opportunities.
Fund Family New York Life Investment Management LLC
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MBINX
Share Class Investor Class
Index Russell 1000 Value TR
MBINX had a total return of 13.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.67%.
