NYLI Growth Allocation SIMPLE Class (MGDSX)

Fund Assets	850.23M
Expense Ratio	1.50%
Min. Investment	$1,000
Turnover	32.00%
Dividend (ttm)	0.16
Dividend Yield	0.89%
Dividend Growth	-52.53%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	18.10
YTD Return	11.99%
1-Year Return	17.05%
5-Year Return	35.83%
52-Week Low	15.52
52-Week High	18.31
Beta (5Y)	n/a
Holdings	40
Inception Date	Aug 31, 2020

About MGDSX

NYLI Growth Allocation Fund SIMPLE Class is an open-end mutual fund designed to provide investors with a blend of long-term capital growth and current income. As a fund of funds, it primarily allocates assets among a diversified selection of underlying mutual funds and exchange-traded funds managed by New York Life Investment Management LLC and its affiliates. This structure offers investors exposure to multiple asset classes—including domestic and international equities, fixed income securities, and cash equivalents—allowing for a well-balanced, globally diversified portfolio. The fund is actively managed, with portfolio allocations regularly monitored and adjusted according to quantitative and qualitative analysis of market conditions and economic trends. The investment process is disciplined, seeking to optimize returns while managing risk. The SIMPLE Class targets investors seeking a moderately aggressive allocation, typically maintaining a significant, but not exclusive, weighting in equities to favor growth potential. This approach is suitable for investors aiming for asset growth over time, while still recognizing a need for some income and risk moderation. The fund’s holdings are concentrated in top-performing funds, and its top ten holdings often represent a significant portion of total assets, reflecting a conviction-driven strategy.

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

Performance

MGDSX had a total return of 17.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.66%.

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%
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	$0.7674	Dec 30, 2025
Dec 30, 2024	$1.19423	Dec 30, 2024
Dec 28, 2023	$0.08161	Dec 28, 2023
Dec 29, 2022	$0.90172	Dec 29, 2022
Dec 30, 2021	$1.72666	Dec 30, 2021
Dec 30, 2020	$0.75408	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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