NYLI Growth Allocation Class A (MGDAX)
| Fund Assets | 850.23M |
| Expense Ratio | 1.07% |
| Min. Investment | $15,000 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.80 |
| Dividend Yield | 4.66% |
| Dividend Growth | -34.80% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 17.07 |
| YTD Return | 2.89% |
| 1-Year Return | 12.30% |
| 5-Year Return | 36.79% |
| 52-Week Low | 13.14 |
| 52-Week High | 17.27 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Apr 4, 2005 |
About MGDAX
NYLI Growth Allocation Fund Class A is a mutual fund designed to pursue long-term capital growth with a secondary focus on generating current income. The fund operates as a "fund of funds," investing in a diversified portfolio that includes both equity and fixed income securities by allocating assets across a variety of underlying funds managed by different specialized investment managers. This structure provides broad exposure to various market segments and asset classes, aiming for a well-balanced risk and return profile. The allocation between stocks and bonds is actively managed, allowing flexibility to adjust in response to changing market conditions. The fund's underlying investments primarily target large growth companies and other sectors to optimize growth potential while maintaining a moderate risk profile, fitting the moderately aggressive allocation category. By leveraging the expertise of multiple institutional asset managers, the fund provides individual investors access to institutional-quality investment strategies and broad market diversification.
Performance
MGDAX had a total return of 12.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.46%.
Top 10 Holdings
61.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 10.21% |
| NYLI WMC Growth Class R6 | KLGDX | 6.35% |
| NYLI Winslow Large Cap Growth ETF | IWLG | 6.32% |
| NYLI Candriam U.S. Large Cap Equity ETF | IQSU | 5.78% |
| NYLI Fiera SMID Growth Class R6 | APSDX | 5.75% |
| NYLI WMC Small Companies Class I | MOPIX | 5.59% |
| NYLI Candriam U.S. Mid Cap Equity ETF | IQSM | 5.44% |
| NYLI PineStone U.S. Equity Class R6 | FCUDX | 5.44% |
| NYLI WMC Value Class R6 | MMPDX | 5.41% |
| NYLI Epoch U.S. Equity Yield Class R6 | EPLDX | 5.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.79805 | Dec 30, 2025 |
| Dec 30, 2024 | $1.22398 | Dec 30, 2024 |
| Dec 28, 2023 | $0.12723 | Dec 28, 2023 |
| Dec 29, 2022 | $0.96658 | Dec 29, 2022 |
| Dec 30, 2021 | $1.8034 | Dec 30, 2021 |
| Dec 30, 2020 | $0.82201 | Dec 30, 2020 |