# NYLI Short Term Bond Fund;I (MIXIX): Mutual Fund Facts & Distributions

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- Issuer: New York Life / NYLI · Asset class: Bond
- Strategy: Actively Managed · Inception: 1990-12-31

The fund aims to provide a steady stream of income while also safeguarding its principal. Typically, it invests a minimum of 80% of its total assets (including net assets and any borrowed capital used for investment) in various debt securities. Furthermore, at least 80% of its net assets are specifically allocated to investment-grade quality bonds. The quality of these bonds is determined by ratings from nationally recognized statistical rating organizations (NRSROs) or, if unrated, by the comparable judgment of NYL Investors LLC, the fund's Subadvisor. The fund also has the option to commi...

## Key Facts

| Metric | Value |
|---|---|
| Price | $8.98 |
| Expense Ratio | 0.40% |
| Assets Under Management | $125.1M |
| NAV | $8.98 |
| Holdings Count | — |
| Distribution Yield (TTM) | 4.41% |
| Annual Distribution (TTM) | $0.40 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $8.92 – $9.20 |
| Beta | 0.26 |

## Latest Distribution

- Amount: $0.0349 /share
- Ex-date: 2026-09-30
- Pay date: 2026-09-30

## Frequently Asked Questions

### What does MIXIX invest in?

The fund aims to provide a steady stream of income while also safeguarding its principal. Typically, it invests a minimum of 80% of its total assets (including net assets and any borrowed capital used for investment) in various debt securities. Furthermore, at least 80% of its net assets are specifically allocated to investment-grade quality bonds. The quality of these bonds is determined by ratings from nationally recognized statistical rating organizations (NRSROs) or, if unrated, by the comparable judgment of NYL Investors LLC, the fund's Subadvisor. The fund also has the option to commit up to 20% of its net assets to bonds that are rated below investment grade by an NRSRO, which are often called "high yield" or "junk" bonds.

### What is the expense ratio of MIXIX?

NYLI Short Term Bond Fund;I (MIXIX) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

### What is MIXIX's dividend yield?

MIXIX's trailing-twelve-month yield is 4.41%, calculated from the sum of dividends over the past year divided by the current price.

### What is the duration of MIXIX?

Effective duration measures MIXIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MIXIX's current duration is published on the fund's factsheet on the issuer's website.

### What is the credit quality of MIXIX?

MIXIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

### What is the yield to maturity of MIXIX?

Yield to maturity (YTM) is the total return you'd earn from MIXIX if every bond in the portfolio is held to maturity at the current price. MIXIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

### Does MIXIX pay a dividend?

Yes, NYLI Short Term Bond Fund;I (MIXIX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.41%. Full dividend history is on this page.

### How often does MIXIX pay dividends?

NYLI Short Term Bond Fund;I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is MIXIX's next ex-dividend date?

The most recently announced ex-dividend date for MIXIX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### How much will MIXIX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.40% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does MIXIX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from MIXIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does MIXIX cost more than a fund like VOO?

MIXIX is actively managed (current expense ratio 0.40%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MIXIX's fee is competitive for the active-management cohort.

### Are there cheaper alternatives to MIXIX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MIXIX (0.40%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/mixix
- Distribution history: https://www.dividenddata.com/funds/mixix/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/mixix/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/mixix/expenses
- Peer comparison: https://www.dividenddata.com/funds/mixix/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.