NYLI WMC Value Class C (MMPCX)
| Fund Assets | 935.89M |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 1.41 |
| Dividend Yield | 6.76% |
| Dividend Growth | 27.17% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 20.67 |
| YTD Return | 4.83% |
| 1-Year Return | 10.74% |
| 5-Year Return | 68.12% |
| 52-Week Low | 18.16 |
| 52-Week High | 22.71 |
| Beta (5Y) | n/a |
| Holdings | 69 |
| Inception Date | Jan 21, 1971 |
About MMPCX
NYLI WMC Value Fund Class C is a mutual fund designed to pursue long-term capital appreciation through a value-oriented investment strategy. Managed under the MainStay family of funds, its primary objective is to invest at least 65% of total assets in equity-type securities, predominantly in large U.S. companies considered undervalued compared to their intrinsic worth. The fund seeks out financially strong, yet temporarily out-of-favor businesses whose stocks present potential for above-average total return at below-average valuations. Utilizing a bottom-up, research-driven approach, the fund focuses on identifying quality companies across diverse sectors that combine robust fundamentals with attractive pricing. This fund plays a notable role in the large value category, offering diversification for portfolios seeking exposure to established U.S. corporations with stable dividends and potential for price recovery. NYLI WMC Value Fund Class C employs an experienced investment team, leveraging the analytical resources of a global asset manager. It provides annual dividend payouts and is structured for investors looking for a blend of income and value-driven growth, with an expense ratio reflecting its active management approach. With a history dating back to 1971, the fund is positioned as a steady component within the value segment of the equity mutual fund market.
Performance
MMPCX had a total return of 10.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.26%.
Top 10 Holdings
23.87% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.93% |
| Johnson & Johnson | JNJ | 3.23% |
| UnitedHealth Group Incorporated | UNH | 2.73% |
| Cisco Systems, Inc. | CSCO | 2.37% |
| Gilead Sciences, Inc. | GILD | 2.09% |
| American International Group, Inc. | AIG | 2.07% |
| Pfizer Inc. | PFE | 1.94% |
| Johnson Controls International plc | JCI | 1.86% |
| Elevance Health, Inc. | ELV | 1.86% |
| Marsh & McLennan Companies, Inc. | MMC | 1.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $1.40803 | Dec 9, 2024 |
| Dec 6, 2023 | $1.10722 | Dec 6, 2023 |
| Dec 7, 2022 | $1.41668 | Dec 7, 2022 |
| Dec 2, 2021 | $25.40055 | Dec 2, 2021 |
| Dec 2, 2020 | $1.42314 | Dec 2, 2020 |
| Dec 2, 2019 | $3.20148 | Dec 2, 2019 |