NYLI Conservative Allocation Class A (MCKAX)
| Fund Assets | 368.04M |
| Expense Ratio | 0.97% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 4.12% |
| Dividend Growth | -0.30% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 12.91 |
| YTD Return | 1.10% |
| 1-Year Return | 9.99% |
| 5-Year Return | 21.60% |
| 52-Week Low | 10.99 |
| 52-Week High | 13.13 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Apr 4, 2005 |
About MCKAX
NYLI Conservative Allocation Fund Class A is a mutual fund designed to provide current income as its primary objective, with long-term capital growth as a secondary goal. Structured as a 'fund of funds,' it diversifies its holdings by investing chiefly in other underlying mutual funds rather than directly holding individual securities. The fund typically allocates around 60% of its assets—within a flexible range of 50% to 70%—to fixed-income securities, offering moderate exposure to interest rate and credit risk. The balance is generally allocated to equity and other investments, creating a portfolio tailored for investors seeking a moderately conservative risk profile. Notably, the fund’s largest holdings tend to be high-quality bond and liquidity funds, supplemented by select equity and infrastructure investments. This structure aims to deliver a blend of stability and potential for asset appreciation, serving as a core option for investors looking for a mix of income generation and cautious participation in market growth. As a result, the NYLI Conservative Allocation Fund Class A plays a significant role in the market for those who prioritize income and capital preservation within a thoughtfully diversified allocation framework.
Performance
MCKAX had a total return of 9.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.27%.
Top 10 Holdings
68.47% of assets| Name | Symbol | Weight |
|---|---|---|
| NYLI MacKay Total Return Bond Class R6 | MTRDX | 10.77% |
| NYLI MacKay Core Plus Bond ETF | CPLB | 10.77% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 10.08% |
| NYLI MacKay Securitized Income ETF | SECR | 8.38% |
| NYLI MacKay U.S. Infrastructure Bond Class R6 | MGVDX | 8.37% |
| NYLI Floating Rate Class R6 | MXFEX | 7.39% |
| NYLI MacKay High Income ETF | IQHI | 3.73% |
| NYLI MacKay High Yield Corporate Bond Class R6 | MHYSX | 3.72% |
| NYLI WMC Growth Class R6 | KLGDX | 2.72% |
| NYLI Candriam U.S. Mid Cap Equity ETF | IQSM | 2.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.36595 | Dec 30, 2025 |
| Jun 30, 2025 | $0.024 | Jun 30, 2025 |
| Mar 31, 2025 | $0.1417 | Mar 31, 2025 |
| Dec 30, 2024 | $0.27565 | Dec 30, 2024 |
| Sep 30, 2024 | $0.095 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0727 | Jun 28, 2024 |