NYLI Balanced Class A (MBNAX)
| Fund Assets | 448.45M |
| Expense Ratio | 1.09% |
| Min. Investment | $15,000 |
| Turnover | 201.00% |
| Dividend (ttm) | 2.10 |
| Dividend Yield | 6.29% |
| Dividend Growth | 17.31% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 32.45 |
| YTD Return | 3.92% |
| 1-Year Return | 12.47% |
| 5-Year Return | 31.35% |
| 52-Week Low | 30.42 |
| 52-Week High | 32.89 |
| Beta (5Y) | n/a |
| Holdings | 176 |
| 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 12.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.39%.
Top 10 Holdings
34.31% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.5% | T.3.5 01.31.28 | 6.88% |
| United States Treasury Notes 3.5% | T.3.5 02.15.29 | 4.66% |
| iShares Intermediate Government/Credit Bond ETF | GVI | 3.94% |
| United States Treasury Notes 3.75% | T.3.75 01.31.31 | 3.55% |
| United States Treasury Notes 4% | T.4 01.31.33 | 3.49% |
| Vanguard Intermediate-Term Treasury ETF | VGIT | 3.02% |
| Alphabet Inc. | GOOG | 2.72% |
| JPMorgan Chase & Co. | JPM | 2.24% |
| Vanguard Russell 1000 Value ETF | VONV | 1.99% |
| Johnson & Johnson | JNJ | 1.82% |
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 |