NYLI Equity ETF Allocation Class R3 (MWFQX)
| Fund Assets | 143.01M |
| Expense Ratio | 1.29% |
| Min. Investment | $0.00 |
| Turnover | 73.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 2.39% |
| Dividend Growth | 38.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 18.26 |
| YTD Return | 3.62% |
| 1-Year Return | 18.28% |
| 5-Year Return | 48.77% |
| 52-Week Low | 12.92 |
| 52-Week High | 18.51 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Jun 30, 2020 |
About MWFQX
NYLI Equity ETF Allocation Fund Class R3 is a mutual fund designed to provide a holistic portfolio solution by blending active asset allocation with investments in low-cost, passively managed exchange-traded funds (ETFs). Its primary objective is long-term capital growth, catering to investors seeking an aggressive allocation strategy. The fund employs a disciplined process that leverages both quantitative and qualitative analysis, enabling it to make strategic shifts and tactical adjustments based on evolving market conditions. Typically, the portfolio allocates 90%–100% of assets to underlying equity ETFs, with the flexibility to invest up to 10% in fixed-income funds, allowing for tailored risk exposure. Managed by New York Life Investments’ Multi-Asset Solutions team, the fund emphasizes risk mitigation and consistency in performance, seeking to balance growth potential with prudent investment management. It is structured as a fund-of-funds, meaning it invests primarily in other unaffiliated ETFs, providing broad diversification across equity sectors and styles. This approach makes it a notable solution for retirement plans and investors looking for managed exposure to global equity markets through a single investment vehicle.
Performance
MWFQX had a total return of 18.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.93%.
Top 10 Holdings
99.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Mega Cap ETF | MGC | 44.26% |
| iShares Core MSCI EAFE ETF | IEFA | 18.91% |
| Schwab U.S. Small-Cap ETF | SCHA | 11.98% |
| Vanguard Mid-Cap ETF | VO | 9.54% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 5.02% |
| iShares Core S&P Mid-Cap ETF | IJH | 3.88% |
| iShares Core S&P Small Cap ETF | IJR | 2.73% |
| Schwab U.S. Mid-Cap ETF | SCHM | 1.37% |
| iShares MSCI Emerging Markets ex China ETF | EMXC | 1.03% |
| iShares Core S&P 500 ETF | IVV | 0.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.43724 | Dec 30, 2025 |
| Dec 30, 2024 | $0.31511 | Dec 30, 2024 |
| Dec 28, 2023 | $0.11007 | Dec 28, 2023 |
| Dec 29, 2022 | $0.0776 | Dec 29, 2022 |
| Dec 30, 2021 | $0.09617 | Dec 30, 2021 |
| Dec 30, 2020 | $0.04745 | Dec 30, 2020 |