NYLI WMC Small Companies Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
24.4%
1 yr return
35.5%
3 Yr Avg Return
3.8%
5 Yr Avg Return
6.9%
Net Assets
$267 M
Holdings in Top 10
22.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 108.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MOINX - Profile
Distributions
- YTD Total Return 24.4%
- 3 Yr Annualized Total Return 3.8%
- 5 Yr Annualized Total Return 6.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.57%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNYLI WMC Small Companies Fund
-
Fund Family NameMainStay
-
Inception DateFeb 28, 2008
-
Shares Outstanding1782567
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Carpi
Fund Description
The Fund invests, under normal circumstances, at least 80% of its assets (net assets plus any borrowings for investment purposes) in the securities of U.S. companies with market capitalizations at the time of investment that are similar to the market capitalizations of companies within the collective range of the Russell 2000® Index and Russell Microcap Index. As of December 31, 2023, companies in the Russell 2000® Index had market capitalizations ranging from $10 million to $15 billion and the Russell Microcap Index had market capitalizations ranging from $1 million to $8 billion.
The Fund may also invest up to 10% of its net assets in securities of foreign issuers. An issuer of a security is considered to be a U.S. or foreign issuer based on the issuer's "country of risk" (or similar designation) as determined by a third-party such as Bloomberg.
Investment Process:Wellington Management Company LLP, the Fund’s Subadvisor (the “Subadvisor”), seeks to construct a broadly diversified portfolio across sectors and industries. The Subadvisor predominantly employs a bottom-up fundamental research approach across sectors to identify companies with potential positive changes in their business that the Subadvisor believes may lead to outperformance, while seeking to limit exposure to risk. However, with respect to the biotechnology and pharmaceutical industries, the Subadvisor relies upon a quantitative process to manage the Fund’s exposure. The Subadvisor also seeks to minimize the Fund’s exposure to risk by diversifying the Fund’s investments over securities issued across various industries and sectors. The Subadvisor may consider selling a security if valuation and sentiment indicators suggest the inflection point is being embraced and/or fully valued by the market or if the investment thesis is impaired or no longer valid. To better assess strategic business issues that impact the performance of a company, the Subadvisor may also give consideration to financially material environmental, social and/or governance (“ESG”) factors. The Subadvisor has discretion to determine the materiality of, as well as the level at which, financially relevant ESG factors are imbedded into its overall fundamental analysis when making an investment decision.
MOINX - Performance
Return Ranking - Trailing
Period | MOINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 24.4% | -1.5% | 40.1% | 8.57% |
1 Yr | 35.5% | 0.0% | 49.5% | 1.71% |
3 Yr | 3.8%* | -11.3% | 45.7% | 72.06% |
5 Yr | 6.9%* | -12.3% | 38.2% | 91.16% |
10 Yr | 6.0%* | -2.8% | 18.6% | 94.46% |
* Annualized
Return Ranking - Calendar
Period | MOINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -19.9% | 29.0% | 78.97% |
2022 | -20.9% | -59.3% | 118.2% | 52.88% |
2021 | -12.5% | -31.6% | 39.3% | 96.88% |
2020 | 9.4% | -51.0% | 39.5% | 56.71% |
2019 | 17.1% | -5.6% | 37.8% | 75.52% |
Total Return Ranking - Trailing
Period | MOINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 24.4% | -1.5% | 40.1% | 8.57% |
1 Yr | 35.5% | 0.0% | 49.5% | 1.71% |
3 Yr | 3.8%* | -11.3% | 45.7% | 72.06% |
5 Yr | 6.9%* | -12.3% | 38.2% | 91.16% |
10 Yr | 6.0%* | -2.8% | 18.6% | 94.46% |
* Annualized
Total Return Ranking - Calendar
Period | MOINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -11.7% | 31.8% | 93.31% |
2022 | -19.4% | -45.2% | 123.7% | 73.85% |
2021 | 16.3% | 0.0% | 45.6% | 84.57% |
2020 | 9.4% | -50.5% | 46.9% | 68.94% |
2019 | 17.1% | 2.2% | 40.9% | 96.65% |
NAV & Total Return History
MOINX - Holdings
Concentration Analysis
MOINX | Category Low | Category High | MOINX % Rank | |
---|---|---|---|---|
Net Assets | 267 M | 555 K | 145 B | 62.55% |
Number of Holdings | 140 | 2 | 2445 | 52.28% |
Net Assets in Top 10 | 71.6 M | 124 K | 10.3 B | 51.90% |
Weighting of Top 10 | 22.67% | 3.1% | 100.1% | 30.73% |
Top 10 Holdings
- iShares Russell 2000 ETF 3.64%
- MRC Global, Inc. 2.42%
- Magnite, Inc. 2.19%
- Blue Bird Corp. 2.15%
- Skyline Champion Corp. 2.13%
- Enova International, Inc. 2.10%
- Interface, Inc. 2.10%
- Hims Hers Health, Inc. 2.10%
- Freshpet, Inc. 1.95%
- Artivion, Inc. 1.88%
Asset Allocation
Weighting | Return Low | Return High | MOINX % Rank | |
---|---|---|---|---|
Stocks | 96.15% | 4.44% | 107.74% | 86.69% |
Cash | 0.42% | 0.00% | 27.02% | 85.17% |
Preferred Stocks | 0.00% | 0.00% | 5.13% | 32.89% |
Other | 0.00% | -0.07% | 49.08% | 62.55% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 32.00% |
Bonds | 0.00% | 0.00% | 102.81% | 37.83% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MOINX % Rank | |
---|---|---|---|---|
Financial Services | 18.99% | 0.00% | 35.52% | 17.69% |
Healthcare | 16.77% | 0.00% | 26.53% | 8.85% |
Industrials | 14.84% | 2.46% | 37.42% | 79.04% |
Technology | 13.36% | 0.00% | 43.95% | 60.58% |
Real Estate | 8.93% | 0.00% | 29.43% | 30.19% |
Basic Materials | 7.72% | 0.00% | 18.66% | 6.35% |
Consumer Cyclical | 7.66% | 0.99% | 47.79% | 87.69% |
Energy | 6.93% | 0.00% | 37.72% | 30.38% |
Utilities | 2.11% | 0.00% | 18.58% | 57.12% |
Consumer Defense | 1.73% | 0.00% | 18.87% | 90.96% |
Communication Services | 0.97% | 0.00% | 14.85% | 86.54% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MOINX % Rank | |
---|---|---|---|---|
US | 96.15% | 2.58% | 107.74% | 81.56% |
Non US | 0.00% | 0.00% | 97.07% | 42.59% |
MOINX - Expenses
Operational Fees
MOINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.01% | 38.30% | 14.31% |
Management Fee | 0.80% | 0.00% | 1.50% | 66.22% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.17% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
MOINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.00% | 3.50% | 5.75% | 82.81% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
MOINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MOINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 108.00% | 1.00% | 314.00% | 88.30% |
MOINX - Distributions
Dividend Yield Analysis
MOINX | Category Low | Category High | MOINX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 42.47% | 86.50% |
Dividend Distribution Analysis
MOINX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
MOINX | Category Low | Category High | MOINX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.57% | -2.40% | 2.49% | 90.00% |
Capital Gain Distribution Analysis
MOINX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2022 | $0.377 | OrdinaryDividend |
Dec 06, 2021 | $7.774 | OrdinaryDividend |
Dec 05, 2019 | $0.001 | OrdinaryDividend |
Dec 06, 2018 | $0.820 | CapitalGainShortTerm |
Dec 06, 2018 | $3.186 | CapitalGainLongTerm |
Dec 07, 2017 | $0.435 | CapitalGainShortTerm |
Dec 07, 2017 | $2.220 | CapitalGainLongTerm |
Dec 14, 2016 | $0.039 | OrdinaryDividend |
Dec 28, 2012 | $0.017 | ExtraDividend |
MOINX - Fund Manager Analysis
Managers
Peter Carpi
Start Date
Tenure
Tenure Rank
Mar 05, 2021
1.24
1.2%
Mr. Carpi is a Managing Director and Portfolio Manager and joined Wellington in 2005. Mr. Carpi has been in the investment management industry since 2000. He earned his MBA from Stanford University (2005) and his BSE in electrical engineering from the University of Pennsylvania (Moore, 2000). Additionally, Mr. Carpi holds the Chartered Financial Analyst designation
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 49.61 | 7.17 | 2.58 |