NYLI Conservative ETF Allc SIMPLE Class (MNEVX)
| Fund Assets | 54.79M |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000,000 |
| Turnover | 87.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.54% |
| Dividend Growth | 76.71% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.81 |
| YTD Return | 2.07% |
| 1-Year Return | 10.67% |
| 5-Year Return | 21.94% |
| 52-Week Low | 9.82 |
| 52-Week High | 11.83 |
| Beta (5Y) | n/a |
| Holdings | 18 |
| Inception Date | Aug 31, 2020 |
About MNEVX
NYLI Conservative ETF Allocation SIMPLE Class is a mutual fund designed to offer a conservative investment approach by primarily investing in a diversified mix of exchange-traded funds. Its primary purpose is to seek stable returns with a lower risk profile, making it suitable for investors seeking steady growth rather than high volatility. The fund holds a balanced portfolio that leans toward fixed income instruments—such as U.S. aggregate bond and investment-grade corporate bond ETFs—while maintaining significant equity exposure through large cap, mid cap, and small cap equity ETFs. Key holdings often include core U.S. bond ETFs, mega cap equity funds, and selected sector or quality-focused ETFs, delivering broad asset class exposure. The "SIMPLE Class" structure signifies a straightforward and accessible fee model, aiming to simplify cost considerations for investors. Overall, the fund plays a stabilizing role within the broader financial market by offering risk-adjusted, diversified access to both stocks and bonds through an ETF-centric allocation strategy, appealing to those prioritizing capital preservation and moderate growth over aggressive market participation.
Performance
MNEVX had a total return of 10.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.23%.
Top 10 Holdings
100.73% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core U.S. Aggregate Bond ETF | AGG | 30.52% |
| Vanguard Mega Cap ETF | MGC | 19.19% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 11.99% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 7.59% |
| Invesco Senior Loan ETF | BKLN | 7.49% |
| iShares Core MSCI EAFE ETF | IEFA | 7.44% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 5.47% |
| Schwab U.S. Small-Cap ETF | SCHA | 4.05% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 3.80% |
| Vanguard Mid-Cap ETF | VO | 3.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.20496 | Dec 30, 2025 |
| Sep 30, 2025 | $0.0578 | Sep 30, 2025 |
| Jun 30, 2025 | $0.0868 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0689 | Mar 31, 2025 |
| Dec 30, 2024 | $0.06381 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0559 | Sep 30, 2024 |