NYLI Conservative ETF Allc SIMPLE Class (MNEVX)

Fund Assets	54.79M
Expense Ratio	1.15%
Min. Investment	$1,000,000
Turnover	87.00%
Dividend (ttm)	0.29
Dividend Yield	2.36%
Dividend Growth	4.34%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	12.18
YTD Return	6.24%
1-Year Return	10.58%
5-Year Return	22.46%
52-Week Low	11.29
52-Week High	12.22
Beta (5Y)	n/a
Holdings	16
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.

• Fund Family: New York Life Investment Management LLC
• Category: Mix Tgt Alloc Con
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MNEVX
• Share Class: Simple Class
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

MNEVX had a total return of 10.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.01%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MNELX	Class I	0.70%
MNEAX	Class A	0.95%
MNERX	Class R3	1.30%
MNEKX	Class C	1.70%

Top 10 Holdings

92.88% of assets

Name	Symbol	Weight
iShares Core U.S. Aggregate Bond ETF	AGG	30.28%
Vanguard Morningstar Mega Cap ETF	MGC	17.67%
iShares Core MSCI EAFE ETF	IEFA	8.31%
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	7.49%
iShares Broad USD High Yield Corporate Bond ETF	USHY	7.34%
Invesco Senior Loan ETF	BKLN	7.29%
Schwab U.S. Small-Cap ETF	SCHA	5.12%
Vanguard Morningstar Mid-Cap ETF	VO	3.42%
NYLI U.S. Government Liquidity Class I	MUSXX	3.24%
iShares Core S&P 500 ETF	IVV	2.72%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.07817	Jun 30, 2026
Mar 31, 2026	$0.04112	Mar 31, 2026
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

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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