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	4.44%
Dividend Growth	-34.80%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	18.08
YTD Return	12.21%
1-Year Return	17.37%
5-Year Return	38.89%
52-Week Low	15.49
52-Week High	18.29
Beta (5Y)	0.86
Holdings	40
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.

• Fund Family: New York Life Investment Management LLC
• Category: Mix Tgt All Gro
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MGDAX
• Share Class: Class A
• Index: S&P 500 TR

Performance

MGDAX had a total return of 17.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.13%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MGDIX	Class I	0.82%
MGDNX	Investor Class	1.25%
MGDSX	Simple Class	1.50%
MGDCX	Class C	2.00%

Top 10 Holdings

62.93% of assets

Name	Symbol	Weight
NYLI U.S. Government Liquidity Class I	MUSXX	9.74%
NYLI Candriam U.S. Mid Cap Equity ETF	IQSM	8.52%
NYLI U.S. Large Cap R&D Leaders ETF	LRND	7.31%
NYLI Candriam U.S. Large Cap Equity ETF	IQSU	6.75%
NYLI WMC Growth Class R6	KLGDX	5.92%
NYLI WMC Small Companies Class I	MOPIX	5.59%
NYLI S&P 500 Index Class I	MSPIX	4.97%
NYLI Floating Rate Class R6	MXFEX	4.85%
NYLI Candriam International Equity ETF	IQSI	4.79%
NYLI Epoch International Choice Class I	ICEUX	4.48%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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