NYLI Growth Allocation Class C (MGDCX)

Fund Assets	850.23M
Expense Ratio	2.00%
Min. Investment	$1,000
Turnover	32.00%
Dividend (ttm)	0.61
Dividend Yield	3.43%
Dividend Growth	-41.45%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	17.76
YTD Return	11.47%
1-Year Return	16.22%
5-Year Return	33.36%
52-Week Low	15.27
52-Week High	17.97
Beta (5Y)	0.86
Holdings	40
Inception Date	Apr 4, 2005

About MGDCX

NYLI Growth Allocation Fund Class C is a mutual fund designed to pursue long-term capital growth, with a secondary focus on generating current income. Structured as a "fund of funds," it primarily invests in a diversified mix of other mutual funds and exchange-traded funds managed by New York Life Investment Management and its affiliates. This approach leverages a roster of specialized institutional asset managers, offering investors well-balanced exposure to various asset classes, including equities and fixed income, both within the United States and internationally. The fund's asset allocation targets a blend aimed at capturing growth, while managers retain the flexibility to actively adjust allocations in response to changing market conditions. Falling within the global moderately aggressive allocation category, it typically maintains a significant allocation to equities, positioning it for growth while acknowledging moderate risk. The fund is actively managed by an experienced team, with oversight at both the underlying fund and overall allocation levels. NYLI Growth Allocation Fund Class C serves investors seeking a comprehensive, professionally managed solution that facilitates access to a broad array of market opportunities across sectors and regions.

• 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: MGDCX
• Share Class: Class C
• Index: S&P 500 TR

Performance

MGDCX had a total return of 16.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.33%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIQWX	Fidelity	Fidelity Advisor Strategic Div & Inc Z	0.55%
FBKFX	Fidelity	Fidelity Balanced K6 Fund	0.32%
FASDX	Fidelity	Fidelity Advisor Strategic Div & Inc A	0.92%
FTSDX	Fidelity	Fidelity Advisor Strategic Div & Inc M	1.17%
FASGX	Fidelity	Fidelity Asset Manager 70%	0.63%

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%
MGDAX	Class A	1.07%
MGDNX	Investor Class	1.25%
MGDSX	Simple Class	1.50%

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	$0.60975	Dec 30, 2025
Dec 30, 2024	$1.04134	Dec 30, 2024
Dec 28, 2023	$0.02122	Dec 28, 2023
Dec 29, 2022	$0.8321	Dec 29, 2022
Dec 30, 2021	$1.6414	Dec 30, 2021
Dec 30, 2020	$0.67621	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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