About MUBFX
NYLI WMC Value Fund Class I is a mutual fund designed to pursue long-term capital appreciation through a disciplined value investing approach. This fund primarily targets equity securities of large-cap U.S. companies that are considered undervalued, focusing on those with strong fundamentals, quality characteristics, and the potential for above-average returns at below-average valuations. Utilizing rigorous, bottom-up research, the fund seeks to identify financially sound companies that may be temporarily out of favor in the market.
Managed by an experienced team within a global asset management framework, the fund blends in-depth proprietary research with the flexibility of a boutique investment philosophy. It generally maintains a diversified portfolio—typically holding between 60 and 70 stocks—and follows a strategy that includes investing at least 65% of assets in equity-type securities. The fund’s sector allocation is often weighted toward financial services, healthcare, technology, and industrials, reflecting opportunities for value across different segments of the economy. With a long track record since its inception in 1971, NYLI WMC Value Fund Class I plays a significant role within the large-value segment, appealing to institutional investors seeking exposure to quality U.S. equities trading at attractive prices.
Fund Family New York Life Investment Management LLC
Category Large Value
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MUBFX
Share Class Class I
Index Russell 1000 Value NR
MUBFX had a total return of 10.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.76%.
