Financial services research and mutual funds rating company Dalbar awarded New York Life Investment Management Company its 2005 mutual fund service award.

This marks NYLIM's fifth consecutive Dalbar service award, which recognizes companies' ability to serve their clients via telephone and written communiqués. This year, New York Life beat out 11 finalists in the category, according to Kathleen Whalen, a spokeswoman for Dalbar.

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