NYLI Equity ETF Allocation Class I (MWFIX)
| Fund Assets | 111.22M |
| Expense Ratio | 0.69% |
| Min. Investment | $1,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 2.28% |
| Dividend Growth | 96.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 16.64 |
| YTD Return | 8.14% |
| 1-Year Return | 10.30% |
| 5-Year Return | 72.04% |
| 52-Week Low | 13.22 |
| 52-Week High | 16.65 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Jun 30, 2020 |
About MWFIX
NYLI Equity ETF Allocation Fund Class I is a mutual fund that primarily targets long-term capital growth through a dynamic, multi-asset investment strategy. Structured as a "fund of funds," it invests substantially all of its assets in a diversified selection of passively managed, unaffiliated exchange-traded funds (ETFs), typically allocating between 90% and 100% to equity ETFs and up to 10% to underlying fixed-income funds. The fund adopts a holistic approach, blending active asset allocation decisions with the cost-efficiency of index-based ETFs, and is designed to cater to a range of risk tolerances. It employs a combination of robust quantitative tools and expert qualitative analysis, allowing for both strategic positioning and tactical shifts in response to evolving market conditions. Classified in the aggressive allocation category, the fund aims to balance the pursuit of consistent long-term growth with disciplined risk management, playing a significant role for investors seeking a comprehensive equity-driven allocation in their diversified portfolio solutions.
Performance
MWFIX had a total return of 10.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.23%.
Top 10 Holdings
97.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Mega Cap ETF | MGC | 29.69% |
| iShares Core MSCI EAFE ETF | IEFA | 21.19% |
| Vanguard Mid-Cap ETF | VO | 10.85% |
| Schwab U.S. Small-Cap ETF | SCHA | 6.19% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 5.86% |
| iShares Core S&P Small Cap ETF | IJR | 5.62% |
| iShares Core S&P Mid-Cap ETF | IJH | 4.97% |
| Invesco S&P SmallCap Quality ETF | XSHQ | 4.88% |
| iShares Core S&P 500 ETF | IVV | 4.71% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 3.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.3793 | Dec 30, 2024 |
| Dec 28, 2023 | $0.19265 | Dec 28, 2023 |
| Dec 29, 2022 | $0.152 | Dec 29, 2022 |
| Dec 30, 2021 | $0.17958 | Dec 30, 2021 |
| Dec 30, 2020 | $0.1448 | Dec 30, 2020 |