NYLI WMC Small Companies Class A (MOPAX)
| Fund Assets | 267.15M |
| Expense Ratio | 1.11% |
| Min. Investment | $15,000 |
| Turnover | 96.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.16% |
| Dividend Growth | 43.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 25.56 |
| YTD Return | 1.02% |
| 1-Year Return | 12.01% |
| 5-Year Return | 64.20% |
| 52-Week Low | 20.05 |
| 52-Week High | 27.53 |
| Beta (5Y) | n/a |
| Holdings | 146 |
| Inception Date | Jan 2, 2004 |
About MOPAX
The NYLI WMC Small Companies Fund Class A is an actively managed mutual fund that primarily targets U.S. small-cap equities. Its central investment strategy revolves around identifying and optimally timing investments in companies experiencing significant changes, or "inflection points," in their business growth trajectory. By leveraging proprietary data science tools, the fund seeks to detect these pivotal moments ahead of broader market recognition, aiming to capture long-term capital appreciation. Managed by an experienced team under the umbrella of New York Life Investment Management, the fund holds a diversified portfolio comprising over 70 securities, with the top 10 holdings representing around 21% of its assets. While the majority of its assets are allocated to domestic small-cap stocks, the fund maintains a modest allocation to foreign equities. The fund does not focus on ESG criteria in its selection process. With an inception date in early 2004, the fund has carved a role as an option for investors seeking exposure to the dynamic small-cap sector—a segment often associated with higher risk and return potential. The NYLI WMC Small Companies Fund Class A distributes dividends and capital gains annually and maintains a relatively high turnover, reflecting its active approach to portfolio management.
Performance
MOPAX had a total return of 12.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.63%.
Top 10 Holdings
21.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Champion Homes, Inc. | SKY | 2.53% |
| Enova International, Inc. | ENVA | 2.48% |
| Laureate Education, Inc. | LAUR | 2.36% |
| MRC Global Inc. | MRC | 2.18% |
| Magnite, Inc. | MGNI | 2.00% |
| TTM Technologies, Inc. | TTMI | 1.97% |
| Lantheus Holdings, Inc. | LNTH | 1.96% |
| Remitly Global, Inc. | RELY | 1.93% |
| Ryder System, Inc. | R | 1.86% |
| Artivion, Inc. | AORT | 1.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $0.04356 | Dec 9, 2024 |
| Dec 7, 2023 | $0.03042 | Dec 7, 2023 |
| Dec 8, 2022 | $0.42956 | Dec 8, 2022 |
| Dec 6, 2021 | $7.77442 | Dec 6, 2021 |
| Dec 5, 2019 | $0.06942 | Dec 5, 2019 |
| Dec 6, 2018 | $4.05948 | Dec 6, 2018 |