NYLI WMC Value Class R6 (MMPDX)
| Fund Assets | 935.89M |
| Expense Ratio | 1.02% |
| Min. Investment | $0.00 |
| Turnover | 38.00% |
| Dividend (ttm) | 1.67 |
| Dividend Yield | 4.97% |
| Dividend Growth | 23.01% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 33.57 |
| YTD Return | 5.32% |
| 1-Year Return | 10.01% |
| 5-Year Return | n/a |
| 52-Week Low | 29.14 |
| 52-Week High | 35.67 |
| Beta (5Y) | n/a |
| Holdings | 68 |
| Inception Date | Apr 26, 2021 |
About MMPDX
NYLI WMC Value Fund Class R6 is a mutual fund designed to pursue long-term capital appreciation through a disciplined, value-oriented investment strategy. The fund primarily targets financially sound companies that are temporarily out of favor, focusing on acquiring these at valuations below their historical averages. This approach aims to combine high quality with attractive pricing, seeking to balance risk with the potential for above-average total returns. Utilizing a bottom-up, fundamental research process, the fund’s investment team conducts in-depth analysis to identify undervalued opportunities across a broad spectrum of market capitalizations, without size constraints. The portfolio is managed by Wellington Management, whose boutique team structure allows for autonomy while benefiting from the broader resources of a leading global investment firm. With an annual turnover rate of 36% and a diversified portfolio typically holding around 67 securities, the fund offers exposure to a mix of sectors, including significant allocations to energy and fossil fuel-related industries. The NYLI WMC Value Fund Class R6 benchmarks its performance against the Russell 1000 Value Index and the Russell 3000 Index, striving to deliver results in line with or exceeding these measures over the long term.
Performance
MMPDX had a total return of 10.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.10%.
Top 10 Holdings
23.86% 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 | $1.66767 | Dec 9, 2024 |
| Dec 6, 2023 | $1.35574 | Dec 6, 2023 |
| Dec 7, 2022 | $1.6789 | Dec 7, 2022 |
| Dec 2, 2021 | $25.93853 | Dec 2, 2021 |