NYLI Balanced Class A (MBNAX)
| Fund Assets | 439.90M |
| Expense Ratio | 1.09% |
| Min. Investment | $15,000 |
| Turnover | 201.00% |
| Dividend (ttm) | 2.12 |
| Dividend Yield | 6.20% |
| Dividend Growth | 18.56% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 33.15 |
| YTD Return | 5.98% |
| 1-Year Return | 12.89% |
| 5-Year Return | 33.27% |
| 52-Week Low | 30.96 |
| 52-Week High | 33.15 |
| Beta (5Y) | 0.69 |
| Holdings | 230 |
| 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 12.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.44%.
Top 10 Holdings
28.25% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.75% | T.3.75 04.30.28 | 4.41% |
| iShares Intermediate Government/Credit Bond ETF | GVI | 3.79% |
| Vanguard Intermediate-Term Treasury ETF | VGIT | 3.64% |
| Alphabet Inc. | GOOG | 3.31% |
| United States Treasury Notes 4.125% | T.4.125 04.30.33 | 3.20% |
| United States Treasury Notes 3.875% | T.3.875 04.15.29 | 2.36% |
| United States Treasury Notes 3.875% | T.3.875 04.30.31 | 2.20% |
| JPMorgan Chase & Co. | JPM | 2.15% |
| Merck & Co., Inc. | MRK | 1.60% |
| Johnson & Johnson | JNJ | 1.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.17215 | Jun 30, 2026 |
| 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 |