Morningstar® Investment Profile™   Morningstar®
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NYLI Epoch U.S. Equity Yield Class A  EPLPX
Release date as of 2024-09-30. Data on page is subject to change.
Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-09-30
Out of 1085
Large Value Funds
Morningstar®
Style Box™
What is this?
As of 2024-09-30
Total Fund Assets ($ Mil)
1,081.41
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks current income and capital appreciation.
The fund generally invests in a diversified portfolio consisting of equity securities of U.S. companies that have a history of attractive dividend yields and positive growth in operating cash flow. It invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in equity securities of dividend-paying U.S. companies across all market capitalizations. The fund may invest up to 15% of its net assets in foreign securities.
  Morningstar Category: Large Value
Large-value portfolios invest primarily in big U.S. companies that are less expensive or growing more slowly than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Performance
Growth of $10,000
(from 2014-01-01 to 2024-09-30)
Investment: NYLI Epoch U.S. Equity Yield Class A
Benchmark 1: S&P 500 TR USD
Benchmark 2: Russell 1000 Value TR USD
Category: Large Value
This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
Total Annualized Returns %
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Investment 21.06 31.82 11.52 10.24 9.63 11.93
S&P 500 TR USD 22.08 36.35 11.91 15.98 13.38 14.91
Russell 1000 Value TR USD 16.68 27.76 9.03 10.69 9.23 11.84
Category 15.90 27.14 9.58 11.24 9.30 11.51
Morningstar Rating --- --- ---
# of compared Large Value funds covered (3 yrs : out of 1085 funds) (5 yrs : out of 1031 funds) (10 yrs : out of 804 funds)
Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.
Fees and Expenses
Total Annual Operating Expense 1.06%
Prospectus Net Expense Ratio 1.06%
Maximum Sales Charge 5.50%
The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio.
Waiver Data
Type Date %
--- --- --- ---
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 95.3
Bullet Non-U.S. Stocks Non-U.S. Stocks 2.8
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.9
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-09-30
Morningstar Equity Sectors
% of Stocks
Cyclical 31.44
Basic Materials 3.97
Consumer Cyclical 4.52
Financial Services 17.18
Real Estate 5.77
Sensitive 37.45
Communication Services 5.25
Energy 5.67
Industrials 11.81
Technology 14.72
Defensive 31.09
Consumer Defensive 8.17
Healthcare 14.17
Utilities 8.75
Data through 2024-09-30
Holding Status
Total Number of Stock Holdings 94
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 20.03
Turnover % (as of 2023-10-31) 19.00
30 Day SEC Yield % 1.78
Top Holdings
Sector P/E % of Net
Assets
MetLife Inc 22.41 2.31
JPMorgan Chase & Co 11.75 2.30
AbbVie Inc 66.05 2.13
Cummins Inc 23.18 2.04
Iron Mountain Inc --- 2.00
Broadcom Inc 139.34 1.92
Walmart Inc 42.06 1.90
NYLI U.S. Government Liquidity Class I --- --- 1.86
Johnson & Johnson 24.52 1.79
Bank of America Corp 13.92 1.78
Data through 2024-09-30
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Capitalization, Value Investing, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Shareholder Activity, Management
Show Risk Definitions
  Other Information
Inception Date: 2009-02-03
Portfolio Manager(s)
Michael A. Welhoelter   (2009-05-01)
Mike is the Chief Administrative Officer, Co-Chief Investment Officer and Head of Risk Management for TD Epoch. Mike is responsible for integrating risk management into the investment process. Prior to joining the company in 2005, he was a director and portfolio manager in the Quantitative Strategies Group at Columbia Management Group, Inc. Before that, Mike was at Credit Suisse Asset Management Group (“CSAM”), where he was a portfolio manager in the Structured Equity group. Before joining CSAM, he was a portfolio manager and quantitative research analyst at Chancellor/LGT Asset Management.
William W. Priest   (2009-05-01)
Bill is Vice-Chair of Wealth, responsible for chairing TD's Wealth Strategy Committee created to develop TD Wealth's long-term corporate strategy. Bill is also the Chairman of the Board of Directors of TD Epoch and a portfolio manager for the company's high net worth clients. Prior to co-founding Epoch in 2004, Bill was a Co-Managing Partner and portfolio manager at Steinberg Priest & Sloane Capital Management, LLC for three years.
Kera Van Valen   (2013-02-28)
Kera is the lead portfolio manager for TD Epoch's Shareholder Yield strategies. Prior to joining the Shareholder Yield team, Kera was an analyst within the Quantitative Research and Risk Management team. Before joining the firm in 2005, she was a portfolio manager of Structured Equities and Quantitative Research at Columbia Management Group where she was responsible for the day-to-day management of two index funds. She also worked at Credit Suisse Asset Management. Kera received her BA in Mathematics at Colgate University and her MBA at Columbia University, Graduate School of Business.
Michael Jin   (2024-07-01)
Michael is a portfolio manager and senior research analyst for TD Epoch’s Shareholder Yield investment strategies. Prior to joining the firm in 2010, Michael was a Research Analyst at AllianceBernstein. Prior to AllianceBernstein, Michael worked as a corporate finance consultant at McKinsey & Company and as a process engineer at Praxair where he received four U.S. patents. He received his MBA from the University of Chicago, an MS from SUNY at Buffalo and an MS from the University of Notre Dame, and completed his undergraduate courses at the University of Science and Technology of China.
Lin Lin   (2024-07-01)
Lin is the Head of Quantitative Research and a portfolio manager for TD Epoch. Prior to joining TD Epoch in 2017, Lin was a vice president and equity strategist on the Global Quantitative Research team at Morgan Stanley, where she helped launch their global quantitative product and published research on a variety of topics, including stock selection and ESG investing. Before that, she was an assistant vice president and senior research analyst on the Quantitative Research and Portfolio Strategy team at Sanford C. Bernstein. Lin began her career as a consulting associate at FMI Corp.
John M. Tobin   (2013-02-28)
John is a portfolio manager for TD Epoch's Shareholder Yield strategies. Prior to joining the firm in 2012, John taught undergraduate economics as a lecturer at Fordham University. Before that he spent four years at HSBC Global Asset Management as a senior research analyst and almost twenty years at Credit Suisse Asset Management where he was a senior research analyst for the U.S. High Yield Bond team. Previously he worked at Bankers Trust Company where he began his career. John received AB, AM and PhD degrees in Economics from Fordham University.
Investment Advisor(s)
New York Life Investment Management LLC
Issuer
New York Life Investment Management LLC
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.