NYLI S&P 500 Index Class A (MSXAX)
| Fund Assets | 1.58B |
| Expense Ratio | 0.54% |
| Min. Investment | $15,000 |
| Turnover | 3.00% |
| Dividend (ttm) | 3.26 |
| Dividend Yield | 4.79% |
| Dividend Growth | 52.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 66.86 |
| YTD Return | 7.03% |
| 1-Year Return | 11.50% |
| 5-Year Return | 104.86% |
| 52-Week Low | 53.12 |
| 52-Week High | 67.94 |
| Beta (5Y) | 1.02 |
| Holdings | 508 |
| Inception Date | Jan 2, 2004 |
About MSXAX
NYLI S&P 500 Index Fund Class A is a mutual fund designed to closely track the total return performance of the S&P 500 Index, one of the most widely followed benchmarks for the U.S. large-cap equity market. Its primary purpose is to provide investors broad exposure to 500 of the largest publicly traded U.S. companies, reflecting the composition and performance of the S&P 500 Index. This fund typically invests at least 80% of its assets in stocks that are included in the S&P 500, maintaining weights similar to the index, and may allocate up to 20% in options and futures contracts to enhance liquidity and manage trading costs. The fund is notable for its low expense ratio relative to category averages and is managed by a team of experienced investment professionals. Its portfolio is heavily allocated to key sectors such as technology, consumer cyclical, and communication services, mirroring the sector distribution of the S&P 500. Major holdings often include companies like Apple, Microsoft, NVIDIA, Amazon, and Meta Platforms. As a passive index fund, NYLI S&P 500 Index Fund Class A serves as a core portfolio holding for investors seeking diversified, cost-effective exposure to the U.S. equity market.
Performance
MSXAX had a total return of 11.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VFIAX | Vanguard | Vanguard 500 Index Fund Admiral Shares | 0.04% |
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 | $3.25511 | Dec 5, 2024 |
| Dec 6, 2023 | $2.14111 | Dec 6, 2023 |
| Dec 7, 2022 | $4.51618 | Dec 7, 2022 |
| Dec 2, 2021 | $2.6301 | Dec 2, 2021 |
| Dec 2, 2020 | $4.25096 | Dec 2, 2020 |
| Dec 3, 2019 | $7.79922 | Dec 3, 2019 |