NYLI WMC Growth Class C (KLGCX)
| Fund Assets | 959.32M |
| Expense Ratio | 1.11% |
| Min. Investment | $2,500 |
| Turnover | 69.00% |
| Dividend (ttm) | 1.93 |
| Dividend Yield | 4.28% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 44.85 |
| YTD Return | 10.14% |
| 1-Year Return | 20.59% |
| 5-Year Return | 71.01% |
| 52-Week Low | 33.24 |
| 52-Week High | 45.08 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Jan 18, 2013 |
About KLGCX
NYLI WMC Growth Fund Class C is a U.S.-based mutual fund that primarily targets long-term growth of capital by investing predominantly in large-capitalization companies. The fund follows a growth-focused strategy, seeking out businesses with above-average earnings growth potential and strong, sustainable business models. It typically holds a diversified portfolio of 60–80 high-quality growth companies that exhibit competitive barriers to entry and compelling financial characteristics, identified through a bottom-up, research-driven approach. The fund aims to outperform its benchmark by concentrating on industry leaders within rapidly expanding sectors of the U.S. economy. Managed with a boutique approach under the New York Life Investments banner, the fund leverages both the autonomy of its experienced investment team and the broader resources of a large global asset management firm. NYLI WMC Growth Fund Class C plays a significant role for investors seeking equity exposure to dynamic, large-cap growth companies in the U.S. marketplace, reflecting trends and opportunities within the nation’s most influential industries.
Performance
KLGCX had a total return of 20.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.49% |
| FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 0.99% |
| FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.49% |
| FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.37% |
| FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.74% |
Top 10 Holdings
54.60% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.96% |
| Microsoft Corporation | MSFT | 8.70% |
| Amazon.com, Inc. | AMZN | 6.16% |
| Alphabet Inc. | GOOG | 4.88% |
| Apple Inc. | AAPL | 4.76% |
| Eli Lilly and Company | LLY | 4.63% |
| Broadcom Inc. | AVGO | 4.55% |
| Netflix, Inc. | NFLX | 4.29% |
| Mastercard Incorporated | MA | 4.01% |
| Meta Platforms, Inc. | META | 3.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $1.92733 | Dec 5, 2024 |
| Dec 2, 2021 | $11.63124 | Dec 2, 2021 |
| Dec 2, 2020 | $1.74982 | Dec 2, 2020 |
| Dec 2, 2019 | $1.12642 | Dec 2, 2019 |
| Dec 3, 2018 | $3.24901 | Dec 3, 2018 |
| Dec 5, 2017 | $1.30726 | Dec 5, 2017 |