Fund Evaluator:
NYLIM WMC Small Companies Investor Class (MOINX)
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Fund Details
NYLIM WMC Small Companies Investor Class Overview
NYLIM WMC Small Companies Investor Class (MOINX) is an actively managed U.S. Equity Small Blend fund. New York Life Investment Management LLC launched the fund in 2008.
The investment seeks long term growth of capital. 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. It may also invest up to 10% of its net assets in securities of foreign issuers.
About NYLIM WMC Small Companies Investor Class (MOINX)
There are 3 members of the management team with an average tenure of 3.17 years: Peter Carpi (2021), David DuBard (2023), Cody Ampomah (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Russell 2000 TR USD index with a weighting of 100%. NYLIM WMC Small Companies Investor Class has 140 securities in its portfolio. The top 10 holdings constitute 24.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
NYLIM WMC Small Companies Investor Class is part of the Equity global asset class and is within the U.S. Equity fund group. NYLIM WMC Small Companies Investor Class has 4.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.1%. There is 4.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). NYLIM WMC Small Companies Investor Class has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $28 million in total assets, which is below the $683 million average for the Small Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
MOINX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The NYLIM WMC Small Companies Investor Class expense ratio is high compared to funds in the Small Blend category. NYLIM WMC Small Companies Investor Class has an expense ratio of 1.48%, which is 42% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. NYLIM WMC Small Companies Investor Class has a portfolio turnover rate of 77%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 66% for the Small Blend category.
Recently, in the month of August 2026, NYLIM WMC Small Companies Investor Class returned 0.6%, which earned it a grade of B, as the Small Blend category had an average return of -0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
NYLIM WMC Small Companies Investor Class has a trailing yield of 0.02%, which is below the 0.43% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
NYLIM WMC Small Companies Investor Class Grades
Year to date, the fund has returned 26.1%, 8.0 percentage points better than the category, which translates into a grade of A. The fund has returned 34.0% over the past year (grade of A), 20.6% over the past three years (grade of A) and 8.5% per year over the past five years (grade of B) and 8.3% per year over the past 10 years (grade of F).
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MOINX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MOINX Return (NAV) | 0.6% | 0.4% | 34.0% | 20.6% | 8.5% | 8.3% |
| MOINX Grade | B | F | A | A | B | F |
| +/- Category | 0.7% | -2.4% | 13.0% | 5.8% | 1.3% | -2.0% |
| Small Blend Avg | -0.1% | 2.8% | 21.0% | 14.8% | 7.2% | 10.2% |
| MOINX Tax Cost Ratio | na | na | 0.0% | 0.0% | 2.0% | 1.6% |
MOINX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MOINX Return (NAV) | 26.1% | 12.1% | 17.1% | 8.9% | -19.4% | 16.3% | 9.4% | 17.1% | -16.8% | 15.0% | 15.4% |
| MOINX Grade | A | B | A | F | D | F | D | F | F | B | F |
| +/- Category | 8.0% | 4.2% | 5.6% | -7.7% | -2.9% | -7.1% | -4.9% | -8.4% | -5.0% | 1.1% | -4.9% |
| Small Blend Avg | 18.1% | 8.0% | 11.5% | 16.6% | -16.5% | 23.3% | 14.4% | 25.5% | -11.9% | 13.9% | 20.4% |
| Risk Measures | |
| Standard Deviation: | 20.9% |
| Total Risk Index: | 1.72 - High |
| Category Risk Index: | 1.14 - High |
| Category Risk Grade: | F (99% Rank) |
| Beta: | 1.22 |
| R-Squared: | 57% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $346 Mil |
| Fund Total Assets: | $ 29 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 77% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 5.5 years | |||
| Average Tenure: 3.2 years | |||
| Managers (Year): Carpi Peter (2021), DuBard David (2023), Ampomah Cody (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 140 |
| % in Top 10 Holdings: | 24.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 4.7% |
Portfolio Allocation |
|
| Domestic Stock: | 95.1% |
| Foreign Stock: | 4.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Fund Family: | New York Life Investment Management LLC |
| Phone Number: | 800-624-6782 |
| Website: | www.mainstayinvestments.com |
| Status: | Open |
| Inception Date: | February 28, 2008 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 5.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.48% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.04% |
| Share Class: | NYLIM WMC Small Companies Class I |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
