NYLI WMC Growth Class R6 (KLGDX)
| Fund Assets | 908.78M |
| Expense Ratio | 1.02% |
| Min. Investment | $1,000,000 |
| Turnover | 69.00% |
| Dividend (ttm) | 1.93 |
| Dividend Yield | 3.51% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 54.65 |
| YTD Return | 7.37% |
| 1-Year Return | 12.77% |
| 5-Year Return | n/a |
| 52-Week Low | 41.69 |
| 52-Week High | 55.51 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Apr 26, 2021 |
About KLGDX
NYLI WMC Growth Fund Class R6 is a large-cap growth mutual fund that seeks long-term capital appreciation by investing primarily in stocks of high-quality, large-capitalization U.S. companies. The fund employs a bottom-up, research-driven approach to identify 60-80 companies with sustainable growth profiles and strong competitive business models, focusing on sectors poised for above-average expansion. Its investment process targets firms with compelling barriers to entry and a track record of innovation. Managed by an experienced team with the autonomy to shape the fund’s philosophy while leveraging the resources of a major investment firm, the fund’s holdings include leading technology and consumer companies such as NVIDIA, Microsoft, Amazon, Alphabet, and Apple. With a diversified portfolio that is almost entirely allocated to equities, the fund is benchmarked against the Russell 1000 Growth Index and is designed for investors seeking consistent, long-term growth through exposure to industry leaders in the U.S. equity market.
Performance
KLGDX had a total return of 12.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.31%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRGWX | Vanguard | Vanguard Russell 1000 Growth Index Fund Institutional Shares | 0.07% |
Top 10 Holdings
54.62% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.96% |
| Microsoft Corporation | MSFT | 8.70% |
| Amazon.com, Inc. | AMZN | 6.17% |
| 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 |