About VCRCX
NYLI CBRE Global Infrastructure Fund Class C is an open-end mutual fund that focuses on global infrastructure investments. Its primary objective is total return, achieved by investing at least 80% of its assets in equity securities of infrastructure companies spanning numerous countries, including the United States. The fund targets businesses that derive a significant portion of revenues or profits from the ownership, management, development, or operation of essential infrastructure assets. These assets typically include transportation (such as toll roads, airports, railroads), utilities (like electric, gas, and water), energy (including pipelines and renewable power facilities), and communications (such as towers and data centers). Emphasizing a defensive and all-weather asset class, the fund aims to provide core infrastructure exposure that can enhance risk-adjusted returns in diversified equity or real asset portfolios. Actively managed by CBRE Investment Management, the fund leverages proprietary research to select holdings, resulting in a portfolio of over 50 companies. The fund pays dividends quarterly and is designed for investors seeking resilience and potential growth within the global infrastructure sector.
Fund Family New York Life Investment Management LLC
Category Infrastructure
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol VCRCX
Share Class Class C
Index FTSE Global Core Infras 50/50 Net Tax TR USD
VCRCX had a total return of 3.27% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.06%.
