NYLI Moderate ETF Allocation Class C (MDAKX)
| Fund Assets | 198.88M |
| Expense Ratio | 1.69% |
| Min. Investment | $1,000 |
| Turnover | 84.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.09% |
| Dividend Growth | 57.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.70 |
| YTD Return | -0.72% |
| 1-Year Return | 13.40% |
| 5-Year Return | 25.85% |
| 52-Week Low | 11.40 |
| 52-Week High | 14.28 |
| Beta (5Y) | n/a |
| Holdings | 18 |
| Inception Date | Jun 30, 2020 |
About MDAKX
NYLI Moderate ETF Allocation Fund Class C is a mutual fund class designed for investors seeking long-term growth of capital through a balanced, moderate risk approach. It operates as a fund of funds, investing primarily in low-cost index exchange-traded funds (ETFs) while incorporating active asset allocation decisions tailored to specific risk tolerances. The fund combines robust quantitative tools with expert qualitative analysis, enabling strategic positioning with tactical shifts to prioritize risk mitigation and consistent performance. Managed by New York Life Investments' Multi-Asset Solutions team, it offers a holistic portfolio solution that blends active management with passive ETF exposure across multiple asset classes. This Class C structure features no initial sales charge but includes a contingent deferred sales charge on certain redemptions within 18 months, along with ongoing distribution and service fees. The fund aims to deliver diversified exposure suitable for investors balancing growth and income objectives in dynamic market conditions.
Performance
MDAKX had a total return of 13.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSCNX | Fidelity | Fidelity Advisor Asset Manager 60% - Class C | 1.69% |
| FFTMX | Fidelity | Fidelity Advisor Asset Manager 50% - Class M | 1.08% |
| FSATX | Fidelity | Fidelity Advisor Asset Manager 60% - Class M | 1.19% |
| SWCGX | Schwab | Schwab MarketTrack Conservative Portfolio™ | 0.49% |
| SWBGX | Schwab | Schwab MarketTrack Balanced Portfolio™ | 0.48% |
Top 10 Holdings
90.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Mega Cap ETF | MGC | 29.59% |
| iShares Core U.S. Aggregate Bond ETF | AGG | 18.64% |
| iShares Core MSCI EAFE ETF | IEFA | 11.43% |
| Vanguard Mid-Cap ETF | VO | 6.35% |
| Invesco Senior Loan ETF | BKLN | 4.98% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 4.64% |
| Schwab U.S. Small-Cap ETF | SCHA | 4.01% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.73% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 3.52% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 3.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.28679 | Dec 30, 2025 |
| Dec 30, 2024 | $0.18157 | Dec 30, 2024 |
| Dec 28, 2023 | $0.16579 | Dec 28, 2023 |
| Dec 29, 2022 | $0.0984 | Dec 29, 2022 |
| Dec 30, 2021 | $0.07636 | Dec 30, 2021 |
| Dec 30, 2020 | $0.04971 | Dec 30, 2020 |