Investment objective & strategy
As of April 24, 2025 · prospectusObjective. The investment objective of the Fund is long-term growth of capital.
Strategy. The Fund seeks to meet its objective by investing under normal circumstances at least 65% of its total assets in common stocks of domestic companies. Although the Fund may invest in companies with a broad range of market capitalizations, the Fund will tend to focus on companies with large market capitalizations (generally above $10 billion). Using a value approach, the Fund seeks to invest in stocks that Wellington Management Company LLP (Sub-Adviser) believes are underpriced relative to other stocks. The Fund may invest up to 20% of its total assets in the securities of foreign issuers. The Fund seeks to meet its objective by investing under normal circumstances at least 65% of its total assets in common stocks of domestic companies. Although the Fund may invest in companies with a broad range of market capitalizations, the Fund will tend to focus on companies with large market capitalizations (generally above $10 billion). Using a value approach, the Fund seeks to invest in stocks that Wellington Management Company LLP (Sub-Adviser) believes are underpriced relative to other stocks. The Fund may invest up to 20% of its total assets in the securities of foreign issuers.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| ALPHABET INC CL C | — | $38.86M | 4.42% |
| JPMORGAN CHASE and CO | — | $31.93M | 3.63% |
| JOHNSON&JOHNSON | — | $26.01M | 2.96% |
| MERCK & CO | — | $22.45M | 2.56% |
| PFIZER INC | — | $17.73M | 2.02% |
| CISCO SYSTEMS INC | — | $17.48M | 1.99% |
| SEMPRA ENERGY | — | $16.93M | 1.93% |
| UNITEDHEALTH GRP | — | $16.06M | 1.83% |
| T-MOBILE US INC | — | $15.47M | 1.76% |
| ACCENTURE PLC CL A | — | $14.80M | 1.68% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| NYLI WMC Value Fund · MAPAX, MAPBX, MMPCX, MUBFX, MSMIX, MMPDX | 88% | 0.70% |
| NYLI VP Balanced Portfolio | 60% | 0.71% |
| Guardian Equity Income VIP Fund | 60% | 0.55% |
Advisers
| Firm | Role |
|---|---|
| Wellington Management Company LLP | Sub-adviser |
| Jackson National Asset Management, LLC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
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