NYLI S&P 500 Index Class I (MSPIX)
| Fund Assets | 1.58B |
| Expense Ratio | 0.29% |
| Min. Investment | $1,000,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 3.40 |
| Dividend Yield | 4.95% |
| Dividend Growth | 50.42% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 67.85 |
| YTD Return | 6.43% |
| 1-Year Return | 14.25% |
| 5-Year Return | 111.66% |
| 52-Week Low | 54.42 |
| 52-Week High | 69.62 |
| Beta (5Y) | n/a |
| Holdings | 508 |
| Inception Date | Jan 2, 1991 |
About MSPIX
NYLI S&P 500 Index Fund Class I is an index mutual fund designed to closely track the total return performance of the S&P 500 Index, which represents 500 of the largest publicly traded companies in the United States. Its primary purpose is to provide investors with exposure to the U.S. large-cap equity market, mirroring both the price movements and dividend returns of the S&P 500 through a diversified portfolio of common stocks. The fund typically invests at least 80% of its assets in stocks included in the S&P 500, thereby aligning its sector allocation and industry exposure with the broader index for wide market representation. Class I shares are tailored for institutional and large investors, featuring no initial sales charge or contingent deferred sales charge, and tend to offer a lower expense ratio compared to other share classes. Managed by a team of seasoned investment professionals, the fund plays a significant role in portfolios seeking broad-based, cost-efficient access to the performance of leading U.S. companies, making it a staple in both individual and institutional investment strategies focused on capital appreciation and market tracking.
Performance
MSPIX had a total return of 14.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VINIX | Vanguard | Vanguard Institutional Index Fund Institutional Shares | 0.03% |
Top 10 Holdings
33.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.64% |
| Microsoft Corporation | MSFT | 6.11% |
| NVIDIA Corporation | NVDA | 5.55% |
| Amazon.com, Inc. | AMZN | 3.62% |
| Meta Platforms, Inc. | META | 2.50% |
| Berkshire Hathaway Inc. | BRK.B | 2.03% |
| Alphabet Inc. | GOOGL | 1.93% |
| Broadcom Inc. | AVGO | 1.88% |
| United States of America - U.S. Treasury Bills | B.0 06.24.25 | 1.75% |
| Tesla, Inc. | TSLA | 1.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $3.40044 | Dec 5, 2024 |
| Dec 6, 2023 | $2.26056 | Dec 6, 2023 |
| Dec 7, 2022 | $4.64295 | Dec 7, 2022 |
| Dec 2, 2021 | $2.75923 | Dec 2, 2021 |
| Dec 2, 2020 | $4.36546 | Dec 2, 2020 |
| Dec 3, 2019 | $7.9178 | Dec 3, 2019 |