NYLI WMC Value Investor Class (MSMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
31.03
+0.16 (0.52%)
Jul 3, 2025, 4:00 PM EDT
7.48%
Fund Assets 938.91M
Expense Ratio 1.86%
Min. Investment $1,000
Turnover 38.00%
Dividend (ttm) 1.48
Dividend Yield 4.52%
Dividend Growth 23.92%
Payout Frequency Annual
Ex-Dividend Date Dec 9, 2024
Previous Close 30.87
YTD Return 5.69%
1-Year Return 12.67%
5-Year Return 85.06%
52-Week Low 26.89
52-Week High 32.92
Beta (5Y) n/a
Holdings 68
Inception Date Feb 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 12.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.748 to 13.101.
End of interactive chart.

Other Share Classes

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

Symbol Share Class Expense Ratio
MMPCX Class C 0.71%
MMPDX Class R6 1.02%
MAPAX Class A 1.10%
MUBFX Class I 1.37%

Top 10 Holdings

23.86% of assets
Name Symbol Weight
JPMorgan Chase & Co. JPM 3.93%
Johnson & Johnson JNJ 3.23%
UnitedHealth Group Incorporated UNH 2.73%
Cisco Systems, Inc. CSCO 2.37%
Gilead Sciences, Inc. GILD 2.09%
American International Group, Inc. AIG 2.07%
Pfizer Inc. PFE 1.94%
Johnson Controls International plc JCI 1.86%
Elevance Health, Inc. ELV 1.86%
Marsh & McLennan Companies, Inc. MMC 1.78%
View More Holdings

Dividend History

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