About VCRAX
NYLI CBRE Global Infrastructure Fund Class A is an open-end mutual fund designed to provide investors with exposure to the global listed infrastructure sector. Its primary purpose is to invest at least 80% of net assets in securities issued by companies that own, operate, or develop essential infrastructure assets worldwide, such as utilities, energy pipelines, transportation networks, and communications systems. This fund serves as a defensive, all-weather asset class, aiming to offer stable revenue streams and consistent growth due to the fundamental importance of infrastructure to economic development and daily life.
Actively managed, the fund leverages proprietary research to select high-conviction holdings, maintaining a diversified portfolio that spans geographies and sectors. The portfolio is typically comprised primarily of equities, with major allocations to utilities, energy, industrials, and real estate infrastructure companies. The fund seeks to enhance the risk-adjusted return profile of broader equity or real asset allocations by targeting assets known for lower volatility and stable cash flows. NYLI CBRE Global Infrastructure Fund Class A plays a pivotal role for investors pursuing resilience and diversification within their portfolios by focusing on assets vital to economic growth and functioning.
Fund Family New York Life Investment Management LLC
Category Infrastructure
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol VCRAX
Share Class Class A
Index FTSE Global Core Infras 50/50 Net Tax TR USD
VCRAX had a total return of 3.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.39%.
