NYLI WMC Value Investor Class (MSMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
31.36
+0.09 (0.29%)
Aug 19, 2025, 9:30 AM EDT
0.29%
Fund Assets935.89M
Expense Ratio1.86%
Min. Investment$1,000
Turnover38.00%
Dividend (ttm)1.48
Dividend Yield4.46%
Dividend Growth23.92%
Payout FrequencyAnnual
Ex-Dividend DateDec 9, 2024
Previous Close31.27
YTD Return6.81%
1-Year Return7.79%
5-Year Return75.97%
52-Week Low26.89
52-Week High32.92
Beta (5Y)n/a
Holdings72
Inception DateFeb 28, 2008

About MSMIX

NYLI WMC Value Fund Investor Class is a mutual fund designed to provide long-term capital appreciation through a diversified portfolio of equity securities. Managed by New York Life Investment Management LLC, the fund employs a bottom-up, fundamental research-based investment approach, focusing on identifying financially solid companies that are trading below their intrinsic value. While it may invest in firms of any market capitalization, the portfolio predominantly tilts toward large-cap stocks, often allocating a significant portion to sectors such as financials, healthcare, and industrials. Notable holdings typically include well-established, blue-chip enterprises like JPMorgan Chase & Co., UnitedHealth Group, and Johnson & Johnson. The strategy emphasizes a blend of value, quality, and capital return characteristics, seeking companies that are temporarily out of favor yet present strong fundamentals and above-average total return potential at attractive valuations. The fund maintains a diversified allocation, with approximately 65% or more of assets dedicated to equities and the remainder in cash or equivalents. NYLI WMC Value Fund Investor Class plays a role in providing investors with exposure to value-oriented equities within the large value category, aiming to deliver steady appreciation while managing risk through broad sector and industry diversification.

Fund Family New York Life Investment Management LLC
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol MSMIX
Share Class Investor Class
Index Russell 1000 Value NR

Performance

MSMIX had a total return of 7.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.59%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MMPCXClass C0.71%
MMPDXClass R61.02%
MAPAXClass A1.10%
MUBFXClass I1.37%

Top 10 Holdings

25.34% of assets
NameSymbolWeight
JPMorgan Chase & Co.JPM3.97%
Alphabet Inc.GOOG3.80%
Johnson & JohnsonJNJ2.73%
UnitedHealth Group IncorporatedUNH2.44%
Cisco Systems, Inc.CSCO2.42%
Merck & Co., Inc.MRK2.19%
Emerson Electric Co.EMR2.07%
Gilead Sciences, Inc.GILD1.98%
American International Group, Inc.AIG1.89%
L3Harris Technologies, Inc.LHX1.86%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 9, 2024$1.47654Dec 9, 2024
Dec 6, 2023$1.19155Dec 6, 2023
Dec 7, 2022$1.51496Dec 7, 2022
Dec 2, 2021$25.59318Dec 2, 2021
Dec 2, 2020$1.55032Dec 2, 2020
Dec 2, 2019$3.40408Dec 2, 2019
Full Dividend History