NYLI Balanced Class A (MBNAX)
| Fund Assets | 448.72M |
| Expense Ratio | 1.09% |
| Min. Investment | $15,000 |
| Turnover | 230.00% |
| Dividend (ttm) | 1.79 |
| Dividend Yield | 5.38% |
| Dividend Growth | 170.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 32.07 |
| YTD Return | 7.40% |
| 1-Year Return | 5.36% |
| 5-Year Return | 52.25% |
| 52-Week Low | 28.75 |
| 52-Week High | 32.90 |
| Beta (5Y) | n/a |
| Holdings | 218 |
| 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 5.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.23%.
Top 10 Holdings
31.94% of assets| Name | Symbol | Weight |
|---|---|---|
| United States of America - U.S. Treasury Notes | T.3.875 03.31.27 | 7.66% |
| iShares Intermediate Government/Credit Bond ETF | GVI | 3.84% |
| Vanguard Intermediate-Term Treasury ETF | VGIT | 3.55% |
| United States of America - U.S. Treasury Notes | T.3.875 07.15.28 | 3.51% |
| United States of America - U.S. Treasury Notes | T.4 06.30.32 | 3.09% |
| United States of America - U.S. Treasury Notes | T.3.875 07.31.30 | 2.47% |
| JPMorgan Chase & Co. | JPM | 2.38% |
| Alphabet Inc. | GOOG | 2.31% |
| Johnson & Johnson | JNJ | 1.72% |
| Cisco Systems, Inc. | CSCO | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.1566 | Jun 30, 2025 |
| Mar 31, 2025 | $0.248 | Mar 31, 2025 |
| Dec 9, 2024 | $1.22257 | Dec 9, 2024 |
| Sep 30, 2024 | $0.1602 | Sep 30, 2024 |
| Jun 28, 2024 | $0.1623 | Jun 28, 2024 |
| Mar 28, 2024 | $0.2428 | Mar 28, 2024 |