NYLI WMC Enduring Capital Class R6 (MCSDX)
| Fund Assets | 535.49M |
| Expense Ratio | 1.36% |
| Min. Investment | $0.00 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 0.56% |
| Dividend Growth | -32.00% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 39.52 |
| YTD Return | 3.53% |
| 1-Year Return | 7.58% |
| 5-Year Return | n/a |
| 52-Week Low | 36.29 |
| 52-Week High | 42.55 |
| Beta (5Y) | n/a |
| Holdings | 34 |
| Inception Date | Apr 23, 2021 |
About MCSDX
The New York Life Investments WMC Enduring Capital Fund is an equity mutual fund that focuses on investing in resilient businesses characterized by conservative balance sheets and led by experienced capital allocators. Its investment philosophy emphasizes a long-term horizon, targeting companies with strong cash flow reinvestment opportunities and attractive valuations. The fund employs a benchmark-agnostic approach with unconstrained sector weights, resulting in a high active share portfolio aimed at outperforming the broader equity markets. Managed by a boutique team within a large global asset manager, the fund leverages extensive research capabilities across equity, fixed income, multi-asset, and alternative strategies. It invests primarily in large-cap stocks across various industries including technology, financial services, consumer cyclical, and industrials. Notable holdings include well-established companies with significant market capitalizations, reflecting a diversified approach. The fund’s strategic focus on durable business models with skilled management teams and its flexible sector allocation underscore its role as a vehicle for long-term capital appreciation in the financial market.
Performance
MCSDX had a total return of 7.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.89%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Selector Fund - Class I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selector Fund - Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
Top 10 Holdings
50.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Constellation Software Inc. | CSU | 9.16% |
| The Progressive Corporation | PGR | 6.65% |
| NVR, Inc. | NVR | 5.40% |
| Copart, Inc. | CPRT | 4.86% |
| Markel Group Inc. | MKL | 4.81% |
| Berkshire Hathaway Inc. | BRK.B | 4.26% |
| Linde plc | LIN | 4.06% |
| Cintas Corporation | CTAS | 3.98% |
| PACCAR Inc | PCAR | 3.83% |
| O'Reilly Automotive, Inc. | ORLY | 3.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $0.22162 | Dec 9, 2024 |
| Dec 27, 2023 | $0.04875 | Dec 27, 2023 |
| Dec 11, 2023 | $0.27716 | Dec 11, 2023 |
| Dec 12, 2022 | $1.27762 | Dec 12, 2022 |
| Dec 2, 2021 | $3.1541 | Dec 2, 2021 |