NYLI Epoch U.S. Equity Yield Fund Class A
EPLPX
NASDAQ25.44
USD
+0.04
- -
CIK
0001469192
ISIN
US56063J1043
CUSIP
56063J104
Return %
Stock
S&P500
1Y
13.72
19.01
3Y
31.34
65.49
5Y
32.64
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Parsippany NJ 07054 Boston MA United States of America 02110
- IPO Date
- Nov 12, 2008
- CIK
- 0001469192
- Website
- nylinvestments.com
- Similar Companies
- Business
- NYLI Epoch U.S. Equity Yield Fund Class A (EPLPX) is an open-end mutual fund that seeks current income and capital appreciation by investing primarily in a diversified portfolio of equity securities issued by U.S. companies demonstrating histories of attractive dividend yields, robust free cash flow generation, and disciplined capital allocation practices favoring shareholders through dividends, share repurchases, and debt reduction; the fund employs fundamental and quantitative research to assess the sustainability of corporate distributions alongside comprehensive risk management to mitigate security- and portfolio-level volatility. It offers multiple share classes, including Class A with a 5.5% maximum initial sales charge and a potential 1% contingent deferred sales charge on certain redemptions within 18 months, Class C with a 1% CDSC within one year, and Class I without sales charges; the strategy targets large-value stocks, with approximately 95% allocation to U.S. equities, 3% to non-U.S. stocks, and minimal cash holdings, maintaining a portfolio turnover of around 19% and top holdings such as JPMorgan Chase, Bank of America, Eli Lilly, Broadcom, and AbbVie. Managed by New York Life Investment Management LLC (NYLI), the fund receives subadvisory services from Epoch Investment Partners, a global equity manager focused on long-term shareholder return drivers through free cash flow growth and effective allocation; portfolio managers include Kera Van Valen (since 2013), Michael Jin (since July 2024), and Lin Lin (since July 2024). NYLI, headquartered at 51 Madison Avenue in New York, NY, with additional offices at 30 Hudson Street in Jersey City, NJ, operates as part of New York Life Insurance Company and oversees a broad range of equity, fixed income, and alternative strategies for institutional and intermediary clients worldwide. Launched on February 3, 2009, the fund manages total net assets of approximately $1.0-$1.12 billion, with the Class A share class comprising about $589 million, and remains available to U.S. investors through a minimum initial investment of $15,000; it falls within the large value category, emphasizing downside protection and income generation amid U.S. equity markets. In June 2024, the fund underwent a rebranding from MainStay Epoch U.S. Equity Yield Fund to NYLI Epoch U.S. Equity Yield Fund as part of New York Life Investments' broader initiative to rename over 30 MainStay and IndexIQ funds, enhancing brand alignment and product recognition without altering investment objectives or management; concurrent manager additions of Michael Jin and Lin Lin in July 2024 bolstered the subadvisory team amid ongoing expense limitation agreements extending through at least February 28, 2025.