NYLI Income Builder Fund Investor Class (MTINX)

Overview

The investment strategy is designed to offer investors a balanced approach to income generation and capital growth. This is achieved through a diversified investment portfolio that maintains a minimum investment in both equity securities and debt securities. By allocating funds across different asset classes, the fund aims to deliver current income while also providing a reasonable opportunity for the growth of capital and income over time. This strategic allocation allows the fund to adapt to changing market conditions, engaging in temporary adjustments to its investment in equity or debt securities based on market dynamics, individual securities transactions, or cash flow considerations. The fund is designed to be flexible, considering investment grade and below investment grade debt securities of various maturities, which adds a layer of risk management and potential for income diversification.

Products and Services

• Equity Securities Investment

  The fund commits to investing a minimum of 30% of its net assets in equity securities. This portion of the investment is focused on stocks and other equity instruments. The objective here is to leverage the growth potential of the stock market, which, despite being subject to higher volatility, offers significant opportunities for capital appreciation. This strategic allocation aids in the long-run growth of the fund's capital and income.

• Debt Securities Investment

  A foundational aspect of the fund is its investment in debt securities, with a minimum allocation of 30% of its net assets. This includes both investment grade and below investment grade bonds of varying maturities. The inclusion of debt securities is intended to provide a stable income stream through interest payments, contributing to the fund’s current income. The diverse maturity profiles and credit qualities of these securities help manage risk and offer income generation opportunities.

• Dynamic Allocation Strategy

  The fund employs a dynamic allocation strategy that allows for temporary shifts in the investment balance between equity and debt securities. This flexibility is vital in adapting to market conditions, executing individual securities transactions, and managing cash flow. By not rigidly adhering to the minimum investment thresholds in response to market fluctuations, the fund can more effectively manage risk and seize opportunities for income or growth as they arise.