MNEVX Mutual Fund

NAV$12.18

Fund Essentials - as of Jan 31, 2026

Net Assets
$5M
Expense Ratio
1.20%
Dividend Yield (Current)
2.48%
Holdings
16
Inception Date
Aug 31, 2020
Fund Family
New York Life Investment Management LLC
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Quarterly
SEC 30-Day Yield
PRO

Performance

YTD+5.45%
1 Year+12.10%
3 Year+9.29%
5 Year+4.25%

Asset Allocation

Cash: 8.46%
Other: 91.54%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
AGGIshares Core U.s. Aggregate30.90%
MGCVanguard Mega Cap Index ETF18.19%
IEFAIshares Core Msci Eafe ETF8.50%
USIGIshares Broad Usd Investment G7.73%
USHYIshares Broad USD High Yield Corp Bd ETF7.54%
Top 10 Concentration: 97.86%Report Date: Jan 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.48%
Frequency
Quarterly
Latest Distribution
$0.14
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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MNEVX Mutual Fund Overview

MNEVX Mutual Fund (NYLI Conservative ETF Allocation Fund Simple Class) is managed by New York Life Investment Management LLC with $4.8M in net assets. MNEVX expense ratio is 1.20%, holding 16 positions across sectors including Financials. Inception date: 2020-08-31.

MNEVX performance shows a YTD return of 5.45%. The 1-year return is 12.10% and the 5-year return is 4.25%. MNEVX dividend yield stands at 2.48%, paid quarterly.

MNEVX top holdings include Ishares Core U.s. Aggregate (30.9%), Vanguard Mega Cap Index ETF (18.2%), Ishares Core Msci Eafe ETF (8.5%), Ishares Broad Usd Investment G (7.7%), Ishares Broad USD High Yield Corp Bd ETF (7.5%). View all MNEVX holdings, sector breakdown, or dividend history.

MNEVX can be compared against other funds using the overlap calculator or side-by-side comparison tool. MNEVX alternatives are available via the screener, along with tax-loss harvesting opportunities.