NYLI Conservative Allocation Class A (MCKAX)
| Fund Assets | 366.35M |
| Expense Ratio | 0.97% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 4.19% |
| Dividend Growth | 64.48% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 12.37 |
| YTD Return | 6.58% |
| 1-Year Return | 7.45% |
| 5-Year Return | 25.38% |
| 52-Week Low | 10.98 |
| 52-Week High | 12.50 |
| Beta (5Y) | n/a |
| Holdings | 38 |
| 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 7.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.23%.
Top 10 Holdings
64.89% of assets| Name | Symbol | Weight |
|---|---|---|
| NYLI MacKay Core Plus Bond ETF | CPLB | 10.74% |
| NYLI MacKay Total Return Bond Class R6 | MTRDX | 10.69% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 9.84% |
| NYLI MacKay Securitized Income ETF | SECR | 8.31% |
| NYLI MacKay U.S. Infras Bond Class R6 | MGVDX | 8.29% |
| NYLI Floating Rate Class R6 | MXFEX | 4.95% |
| NYLI Winslow Large Cap Growth ETF | IWLG | 3.14% |
| NYLI WMC Growth Class R6 | KLGDX | 3.13% |
| NYLI Candriam U.S. Large Cap Equity ETF | IQSU | 2.94% |
| NYLI PineStone U.S. Equity Class R6 | FCUDX | 2.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 28, 2024 | $0.0899 | Mar 28, 2024 |