NYLI Growth Allocation Class I (MGDIX)

Fund Assets	850.23M
Expense Ratio	0.82%
Min. Investment	$1,000,000
Turnover	32.00%
Dividend (ttm)	0.23
Dividend Yield	1.26%
Dividend Growth	-43.40%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	18.42
YTD Return	12.37%
1-Year Return	17.65%
5-Year Return	40.35%
52-Week Low	15.76
52-Week High	18.62
Beta (5Y)	0.86
Holdings	40
Inception Date	Apr 4, 2005

About MGDIX

NYLI Growth Allocation Fund Class I is a mutual fund designed to pursue long-term capital growth, with current income as a secondary objective. Structured as a “fund of funds,” it primarily invests in a diversified mix of underlying mutual funds and exchange-traded funds managed by New York Life Investments. The fund targets approximately 80% of its assets in equity funds—spanning both U.S. and international markets—and the remaining 20% in fixed income funds. Its asset allocation can be tactically adjusted within a specified range (70–90% equity, 10–30% fixed income) based on evolving market conditions. The fund leverages a multi-boutique approach, drawing on a selection of specialized asset management teams, each contributing distinct investment philosophies and expertise. Seasoned managers actively oversee both the selection of underlying funds and allocation decisions, aiming to strike an effective risk-return balance. Classified in the moderately aggressive allocation category, the fund is structured to address the needs of investors seeking well-balanced exposure to equities and bonds across diverse sectors and geographies. This makes it a significant vehicle for those looking for a professionally managed, diversified portfolio that dynamically adapts to market opportunities and risks.

• 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: MGDIX
• Share Class: Class I
• Index: S&P 500 TR

Performance

MGDIX had a total return of 17.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.39%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MGDAX	Class A	1.07%
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	$0.83816	Dec 30, 2025
Dec 30, 2024	$1.26461	Dec 30, 2024
Dec 28, 2023	$0.16401	Dec 28, 2023
Dec 29, 2022	$1.00261	Dec 29, 2022
Dec 30, 2021	$1.84604	Dec 30, 2021
Dec 30, 2020	$0.85744	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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