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
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MSMIX
Share Class Investor Class
Index Russell 1000 Value NR
MSMIX had a total return of 19.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.13%.
