Manage Volatility While Maintaining Broad Exposure 1
A core international solution that allows investors to maintain a currency neutral position
Seeks enhanced risk-adjusted returns by utilizing a 50% currency hedge, which mitigates volatility compared to many category peers
A cost-effective way to add broad developed market international exposure to a portfolio
Why HFXI Now?
View Product Details
Fiera International ADR SMA
NYLI Epoch Global Equity Yield Fund
Class I
EQUITIES
VCRIX
NYLI CBRE Global Infrastructure Fund
Class I
HFXI
NYLI FTSE International Equity Currency Neutral ETF
EQUITIES
Currency fluctuations can significantly affect international equity returns. HFXI’s currency-hedged approach helps manage that impact, seeking to support competitive upside participation, provide downside mitigation, and deliver historically attractive risk-adjusted results relative to MSCI EAFE Index.
View Product Details
Overall Morningstar Rating based on the risk-adjusted returns from among 651 Foreign Large Blend funds, as of 01/31/2026
Class A Information
Class A Information
VCRIX invests in a globally diversified portfolio of core listed infrastructure companies with stable demand profiles and low volatility of cash flows relative to traditional global equities.
Lower Volatility of Underlying Cash Flows 2
View Product Details
Diversifies portfolios with global equity and real asset exposure
Listed infrastructure assets have historically delivered stable, resilient cash flows with little relationship to cyclical economic conditions
Invests in listed infrastructure assets that are defensive in nature and essential to economic growth
Why VCRIX Now?
View Product Details
Overall Morningstar Rating based on risk-adjusted returns from among 82 Infrastructur funds, as of 3/31/25
VCRIX
NYLI CBRE Global Infrastructure Fund
Class I
EQUITIES
Class A
Mitigate Volatility Risk Without Equity Tilts
View Product Details
A 50% currency hedge mitigates the volatility associated with fully hedged or un hedged strategies
Employs a passive approach to international equity investing for broad developed market exposure
Has enhanced risk-adjusted returns over time with lower volatility
Why HFXI Now?
View Product Details
VCRIX has historically experienced stable and resilient cash flows that have been uncorrelated to cyclical economic conditions. For investors seeking steady performance across different market environments, VCRIX’s has also provided more stable and resilient earnings growth vs. broad global equities
Lower Volatility of Underlying Cash Flows
View Product Details
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. guaranteed by LSEG Lipper. The NYLI CBRE Global Infrastructure Fund (VCRIX) won the award in its category over 10 years from among 14 funds. For more information, see lipperfundawards.com.
LSEG Lipper Fund Awards, ©2025 LSEG. All rights reserved. Used under license.
Can be used as an equity allocation diversifier or for real asset exposure
The growth outlook for Global listed infrastructure continues to improve
Invests in infrastructure, a defensive asset class with a history of stable and resilient cash flow
Why VCRIX Now?
View Product Details
Holds quality companies with lower volatility compared to benchmark and good upside participation with better downside protection
Consistent dividend growth companies have delivered higher returns with lower volatility
Invests in companies with a history of generating free cash flow and using that cash to increase shareholder value
Why EPSYX Now?
View Product Details
Class A
Overall Morningstar Rating based on the risk-adjusted returns from among 147 Global Large-Stock Value funds, as of 06/30/2025
The Power of Dividends:
Enhancing Returns While Managing Risk 5
Historically, companies with consistent dividend growth have delivered higher returns with lower volatility. Dividends are a key mechanism for companies to return free cash flow to shareholders and enhance shareholder value. Dividend policies can play an important role in shaping risk and return.
Companies reinvest capital if the expected return is greater than the company's cost of capital. Remaining free cash flow may be returned to investors via shareholder yield. EPSYX invests in companies with a history of generating free cash flow and have a commitment to using that cash to increase value
Companies Maximize Returns by Allocating Capital Well
View Product Details
The team employs a comprehensive risk management discipline designed to limit security and portfolio level risk
Companies with consistent dividend growth have delivered higher returns with lower volatility
Invests in global companies with a history of generating free cash flow and committing to using that cash to increase shareholder value
Why EPSYX Now?
View Product Details
The MainStay MacKay Short Duration High Income Fund (formerly MainStay MacKay Short Duration High Yield Fund) won the 2023 LSEG Lipper U.S. Award for consistent return in its category over 10 years.
View Product Details
Historically, companies with consistent dividend growth have delivered higher returns with lower volatility. Dividends are a key mechanism for companies to return free cash flow to shareholders and enhance shareholder value. Dividend policies can play an important role in shaping risk and return.
The Power of Dividends: Enhancing Returns While Managing Risk
Companies reinvest capital if the expected return is greater than the company's cost of capital. Remaining free cash flow may be returned to investors via shareholder yield. EPSYX invests in companies with a history of generating free cash flow and have a commitment to using that cash to increase value
Companies Maximize Returns by Allocating Capital Well
View Product Details
The MainStay MacKay Short Duration High Income Fund (formerly MainStay MacKay Short Duration High Yield Fund) won the 2023 LSEG Lipper U.S. Award for consistent return in its category over 10 years.
Explore Product Details
VCRIX
NYLI CBRE Global Infrastructure Fund
Class A Information
Class I
EQUITIES
Overall Morningstar Rating based on risk-adjusted returns from among 82 Infrastructure funds, as of 03/31/25
EPSYX
NYLI Epoch Global Equity Yield Fund
Class A Information
Class I
EQUITIES
HFXI
NYLI FTSE International Equity Currency Neutral ETF
EQUITIES
Overall Morningstar Rating based on the risk-adjusted returns from among 141 Global Large-Stock Value funds, as of 09/30/2025
Overall Morningstar Rating based on the risk-adjusted returns from among 141 Global Large-Stock Value funds, as of 09/30/2025
Overall Morningstar Rating based on the risk-adjusted returns from among 81 Infrastructure funds, as of 10/31/2025
Morningstar Rating:
Overall, based on the risk-adjusted returns from among 649 Foreign Large Blend funds, as of 10/31/2025
VCRIX
NYLI CBRE Global Infrastructure Fund
Class A Information
Class I
Overall Morningstar Rating based on the risk-adjusted returns from among 81 Infrastructure funds, as of 10/31/2025
EQUITIES
*Foreign Large Blend Category: Holds a diversified mix of large-capitalization stocks from developed international markets (outside the U.S.), balancing both growth and value characteristics without a strong tilt to either. These funds offer broad exposure to established economies and aim to capture overall market performance rather than chasing specific high-growth or deep-value stocks, making them core portfolio holdings. Standard deviation measures the dispersion of a fund’s returns over a specified time period. A higher standard deviation implies greater potential for volatility. Sharpe Ratio measures a manager’s returns per unit of risk. It is the ratio of a manager’s excess return over the risk free rate over the standard deviation. A higher Sharpe Ratio implies greater manager efficiency.
View Product Details
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. The NYLI MacKay Short Duration High Income Fund won the award in the Short High Yield category over 10 years from among 14 funds for the period ended 12/31/2024. For more information, see lipperfundawards.com.
LSEG Lipper Fund Awards, ©2025 LSEG. All rights reserved. Used under license. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper.
Cumulative EBITDA per share growth for global listed infrastructure and global equities compared to inflation as of 11/30/2025. Global infrastructure universe is represented by CBRE Investment Management Infrastructure investable universe, Global Equities: MSCI AWCI Index and U.S. Inflation: U.S. Consumer Price Index.
Stable and resilient cash flows that have little relationship to cyclical economic conditions and rise in excess of inflation due to reinvestment in assets.
EQUITIES
EQUITIES