NYLI Moderate ETF Allocation SIMPLE Cl (MDAVX)

Fund Assets	216.65M
Expense Ratio	0.98%
Min. Investment	$0.00
Turnover	51.00%
Dividend (ttm)	0.48
Dividend Yield	3.22%
Dividend Growth	88.76%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	14.92
YTD Return	9.07%
1-Year Return	14.38%
5-Year Return	34.36%
52-Week Low	13.23
52-Week High	15.02
Beta (5Y)	n/a
Holdings	16
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
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MDAVX
• Share Class: Simple Class
• Index: S&P 500 TR

Performance

MDAVX had a total return of 14.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.56%.

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	1.67%
FFTMX	Fidelity	Fidelity Advisor Asset Manager 50% M	1.07%
FSATX	Fidelity	Fidelity Advisor Asset Manager 60% - Class M	1.17%
SWCGX	Schwab	Schwab MarketTrack Conservative Portfolio™	0.49%
SWBGX	Schwab	Schwab MarketTrack Balanced Portfolio™	0.48%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MDAIX	Class I	0.53%
MDAAX	Class A	0.77%
MDARX	Class R3	1.12%
MDAKX	Class C	1.56%

Top 10 Holdings

90.92% of assets

Name	Symbol	Weight
Vanguard Morningstar Mega Cap ETF	MGC	27.84%
iShares Core U.S. Aggregate Bond ETF	AGG	18.63%
iShares Core MSCI EAFE ETF	IEFA	12.14%
Vanguard Morningstar Mid-Cap ETF	VO	6.23%
Schwab U.S. Small-Cap ETF	SCHA	5.12%
iShares Broad USD High Yield Corporate Bond ETF	USHY	4.85%
Invesco Senior Loan ETF	BKLN	4.83%
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	4.61%
iShares Core S&P Mid-Cap ETF	IJH	3.61%
iShares Core MSCI Emerging Markets ETF	IEMG	3.07%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.47897	Dec 30, 2025
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

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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