NYLI Conservative Allocation Class A (MCKAX)
| Fund Assets | 368.04M |
| Expense Ratio | 0.97% |
| Min. Investment | $15,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 4.73% |
| Dividend Growth | 16.61% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.81 |
| YTD Return | 5.42% |
| 1-Year Return | 11.22% |
| 5-Year Return | 21.46% |
| 52-Week Low | 12.04 |
| 52-Week High | 12.95 |
| Beta (5Y) | 0.49 |
| Holdings | 36 |
| 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 11.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.41%.
Top 10 Holdings
71.89% of assets| Name | Symbol | Weight |
|---|---|---|
| NYLI MacKay Total Return Bond Class R6 | MTRDX | 10.74% |
| NYLI MacKay Core Plus Bond ETF | CPLB | 10.72% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 9.56% |
| NYLI MacKay Securitized Income ETF | SECR | 8.33% |
| NYLI MacKay U.S. Infras Bond Class R6 | MGVDX | 8.32% |
| NYLI Floating Rate Class R6 | MXFEX | 7.45% |
| NYLI U.S. Large Cap R&D Leaders ETF | LRND | 5.88% |
| NYLI MacKay High Income ETF | IQHI | 3.73% |
| NYLI MacKay High Yield Corp Bond Cl R6 | MHYSX | 3.72% |
| NYLI Candriam U.S. Mid Cap Equity ETF | IQSM | 3.44% |
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 |