NYLI Moderate ETF Allocation SIMPLE Cl (MDAVX)

Fund Assets	165.02M
Expense Ratio	1.19%
Min. Investment	$0.00
Turnover	68.00%
Dividend (ttm)	0.25
Dividend Yield	1.92%
Dividend Growth	12.99%
Payout Frequency	Annual
Ex-Dividend Date	n/a

Previous Close	13.19
YTD Return	6.18%
1-Year Return	7.90%
5-Year Return	n/a
52-Week Low	11.41
52-Week High	13.26
Beta (5Y)	n/a
Holdings	22
Inception Date	Aug 31, 2020

About MDAVX

NYLI Moderate ETF Allocation SIMPLE Class is a mutual fund designed to provide investors with a balanced, diversified approach to asset allocation. Its primary objective is long-term growth of capital, while also seeking to provide current income. The fund utilizes a fund-of-funds strategy, typically allocating about 60% of its assets to underlying equity ETFs and around 40% to fixed-income ETFs, though these allocations may flex within specified ranges depending on market conditions. This structure gives investors exposure to both stock market appreciation potential and the relative stability of bonds. Managed by New York Life Investment Management, the fund combines active asset allocation decisions with low-cost index ETFs, leveraging both quantitative tools and qualitative analysis for disciplined risk management. The fund is especially suited for investors with a moderate risk tolerance who seek a single, holistic portfolio solution spanning U.S. and international equities as well as fixed-income securities. Portfolio adjustments are made in response to market shifts, aiming for consistency and risk mitigation over time. The fund pays dividends annually and features a relatively low minimum investment requirement, broadening accessibility for various investors.

• Fund Family: New York Life Investment Management LLC
• Category: Mix Tgt All Mod
• Stock Exchange: NASDAQ
• Ticker Symbol: MDAVX
• Share Class: Simple Class
• Index: S&P 500 TR

Performance

MDAVX had a total return of 7.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FAIOX	Fidelity	Fidelity Advisor Balanced Fund	0.57%
FZAAX	Fidelity	Fidelity Advisor Balanced Fund Class Z	0.45%
FABCX	Fidelity	Fidelity Advisor Balanced Fund	1.57%
FAIGX	Fidelity	Fidelity Advisor Balanced Fund Class M	1.07%
FABLX	Fidelity	Fidelity Advisor Balanced Fund Class A	0.82%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MDAIX	Class I	0.69%
MDAAX	Class A	0.94%
MDARX	Class R3	1.29%
MDAKX	Class C	1.69%

Top 10 Holdings

82.54% of assets

Name	Symbol	Weight
iShares Core U.S. Aggregate Bond ETF	AGG	18.79%
Vanguard Mega Cap ETF	MGC	18.48%
iShares Core MSCI EAFE ETF	IEFA	14.06%
Vanguard Mid-Cap ETF	VO	7.27%
Invesco S&P SmallCap Quality ETF	XSHQ	4.91%
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	4.72%
iShares Core S&P Mid-Cap ETF	IJH	3.99%
Mainstay Funds Trust - Main US Government Liquidity Fund	MUSXX	3.87%
iShares Core MSCI Emerging Markets ETF	IEMG	3.40%
iShares MSCI EAFE Small-Cap ETF	SCZ	3.06%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2024	$0.25374	Dec 30, 2024
Dec 28, 2023	$0.22457	Dec 28, 2023
Dec 29, 2022	$0.15996	Dec 29, 2022
Dec 30, 2021	$0.13661	Dec 30, 2021
Dec 30, 2020	$0.05986	Dec 30, 2020