NYLI Conservative Allocation Class A (MCKAX)

Fund Assets	368.04M
Expense Ratio	0.97%
Min. Investment	$15,000
Turnover	37.00%
Dividend (ttm)	0.41
Dividend Yield	3.16%
Dividend Growth	-6.72%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	12.93
YTD Return	6.74%
1-Year Return	10.24%
5-Year Return	21.98%
52-Week Low	12.09
52-Week High	12.99
Beta (5Y)	0.49
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.

• Fund Family: New York Life Investment Management LLC
• Category: Mix Tgt Alloc Con
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MCKAX
• Share Class: Class A
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MCKAX had a total return of 10.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.44%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MCKIX	Class I	0.72%
MCKNX	Investor Class	1.15%
MCKSX	Simple Class	1.40%
MCKCX	Class C	1.90%

Top 10 Holdings

72.23% of assets

Name	Symbol	Weight
NYLI MacKay Core Plus Bond ETF	CPLB	10.76%
NYLI MacKay Total Return Bond Class R6	MTRDX	10.76%
NYLI U.S. Government Liquidity Class I	MUSXX	9.83%
NYLI MacKay U.S. Infras Bond Class R6	MGVDX	8.36%
NYLI MacKay Securitized Income ETF	SECR	8.36%
NYLI Floating Rate Class R6	MXFEX	7.39%
NYLI U.S. Large Cap R&D Leaders ETF	LRND	5.78%
NYLI MacKay High Yield Corp Bond Cl R6	MHYSX	3.72%
NYLI MacKay High Income ETF	IQHI	3.71%
NYLI Candriam U.S. Mid Cap Equity ETF	IQSM	3.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.09205	Jun 30, 2026
Mar 31, 2026	$0.16743	Mar 31, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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