Morningstar

NYLI Balanced Class A MBNAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 32.02  /  +0.22 %
  • Total Assets 462.1 Mil
  • Adj. Expense Ratio
    1.070%
  • Expense Ratio 1.070%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 2.05%
  • Turnover 313%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis MBNAX

Will MBNAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MBNAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MBNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MBNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

NYLI Balanced Class A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MBNAX

More MBNAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 28.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.375%

6.81 31.5 Mil
Government

United States Treasury Notes 3.75%

4.12 19.1 Mil
Government

United States Treasury Notes 4.125%

3.00 13.9 Mil
Government

JPMorgan Chase & Co

2.41 11.2 Mil
Financial Services

UnitedHealth Group Inc

2.31 10.7 Mil
Healthcare

iShares Russell 1000 Value ETF

2.26 10.5 Mil
—

iShares Intermediate Govt/Crdt Bd ETF

2.15 10.0 Mil
—

United States Treasury Notes 4%

1.94 9.0 Mil
Government

Vanguard Russell 1000 Value ETF

1.79 8.3 Mil
—

Johnson & Johnson

1.77 8.2 Mil
Healthcare

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