NYLI Balanced Class A (MBNAX)
| Fund Assets | 453.22M |
| Expense Ratio | 1.09% |
| Min. Investment | $15,000 |
| Turnover | 201.00% |
| Dividend (ttm) | 1.87 |
| Dividend Yield | 5.81% |
| Dividend Growth | 17.31% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 31.22 |
| YTD Return | -0.54% |
| 1-Year Return | 8.00% |
| 5-Year Return | 29.14% |
| 52-Week Low | 28.75 |
| 52-Week High | 32.89 |
| Beta (5Y) | n/a |
| Holdings | 210 |
| Inception Date | Jan 2, 2004 |
About MBNAX
NYLI Balanced Fund Class A is a diversified mutual fund designed to provide investors with total return by blending capital appreciation and income. As a balanced fund, it typically allocates approximately 60% of its assets to equities and 40% to fixed-income securities, aligning with the 'moderate allocation' category. The equity selection process focuses on a core value strategy driven by fundamental, bottom-up analysis, while the fixed income component employs a duration-neutral, relative value approach to identify interest-generating opportunities. The fund is managed by seasoned teams specializing independently in stocks and bonds, ensuring expertise across both asset classes. NYLI Balanced Fund Class A appeals to investors seeking a single investment that balances growth and income, and its diversified structure aims to moderate volatility compared to equity-only funds. The fund regularly distributes income quarterly and maintains a broad portfolio across multiple sectors, with a significant portion invested in U.S. securities.
Performance
MBNAX had a total return of 8.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.22%.
Top 10 Holdings
31.14% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.375% | T.3.375 11.30.27 | 7.17% |
| United States Treasury Notes 3.5% | T.3.5 11.15.28 | 4.10% |
| iShares Intermediate Government/Credit Bond ETF | GVI | 3.77% |
| Alphabet Inc. | GOOG | 3.16% |
| Vanguard Russell 1000 Value ETF | VONV | 2.60% |
| JPMorgan Chase & Co. | JPM | 2.32% |
| Vanguard Intermediate-Term Treasury ETF | VGIT | 2.23% |
| Johnson & Johnson | JNJ | 1.97% |
| United States Treasury Notes 3.625% | T.3.625 12.31.30 | 1.91% |
| United States Treasury Notes 3.875% | T.3.875 12.31.32 | 1.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.234 | Mar 31, 2026 |
| Dec 8, 2025 | $1.56033 | Dec 8, 2025 |
| Sep 30, 2025 | $0.1526 | Sep 30, 2025 |
| Jun 30, 2025 | $0.1566 | Jun 30, 2025 |
| Mar 31, 2025 | $0.248 | Mar 31, 2025 |
| Dec 9, 2024 | $1.22257 | Dec 9, 2024 |