NYLI Moderate Allocation Investor Class (MMRDX)
| Fund Assets | 763.07M |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 5.95% |
| Dividend Growth | 3,667.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 14.11 |
| YTD Return | 4.81% |
| 1-Year Return | 4.95% |
| 5-Year Return | 37.51% |
| 52-Week Low | 12.37 |
| 52-Week High | 14.99 |
| Beta (5Y) | n/a |
| Holdings | 41 |
| Inception Date | Feb 28, 2008 |
About MMRDX
NYLI Moderate Allocation Fund Investor Class is an open-end mutual fund designed to provide investors with long-term growth of capital and, secondarily, current income. Functioning as a "fund of funds," it primarily allocates its assets among a diversified selection of mutual funds and exchange-traded funds managed by New York Life Investments or its affiliates. This structure allows the fund to offer diversified exposure across both equity and fixed income markets, typically maintaining a moderate risk profile suitable for investors seeking a balance between growth and income potential. The fund’s managers actively monitor and adjust asset class allocations based on quantitative and qualitative analyses of market conditions in order to align with its target risk level. It may invest more than 25% of its assets in a single underlying fund when appropriate, and has the flexibility to use derivatives for risk management or to enhance returns. Known for a seasoned management team and an institutional approach, this fund is often utilized by investors aiming for a thoughtfully diversified portfolio that adapts to changing markets while maintaining moderate risk exposure.
Performance
MMRDX had a total return of 4.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
55.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 9.63% |
| NYLI MacKay Total Return Bond Class R6 | MTRDX | 6.51% |
| NYLI MacKay Core Plus Bond ETF | CPLB | 6.47% |
| NYLI WMC Growth Class R6 | KLGDX | 5.30% |
| NYLI MacKay U.S. Infrastructure Bond Class R6 | MGVDX | 5.08% |
| NYLI MacKay Securitized Income ETF | SECR | 5.04% |
| NYLI Candriam U.S. Large Cap Equity ETF | IQSU | 4.84% |
| NYLI PineStone U.S. Equity Class R6 | FCUDX | 4.59% |
| NYLI Epoch U.S. Equity Yield Class R6 | EPLDX | 4.26% |
| NYLI Winslow Large Cap Growth ETF | IWLG | 4.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.86083 | Dec 30, 2024 |
| Dec 28, 2023 | $0.02285 | Dec 28, 2023 |
| Dec 29, 2022 | $0.63966 | Dec 29, 2022 |
| Dec 30, 2021 | $1.34352 | Dec 30, 2021 |
| Dec 30, 2020 | $0.76822 | Dec 30, 2020 |
| Dec 30, 2019 | $0.49386 | Dec 30, 2019 |