NYLIM MacKay U.S. Infrastructure Bond Class I (MGOIX)

Fund Assets	2.42B
Expense Ratio	0.60%
Min. Investment	$1,000,000
Turnover	71.00%
Dividend (ttm)	0.35
Dividend Yield	4.78%
Dividend Growth	2.21%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	7.29
YTD Return	-2.56%
1-Year Return	-0.92%
5-Year Return	-0.18%
52-Week Low	7.29
52-Week High	7.85
Beta (5Y)	0.02
Holdings	594
Inception Date	Jan 2, 2004

About MGOIX

NYLI MacKay U.S. Infrastructure Bond Fund Class I is an institutional mutual fund specializing in high-quality U.S. fixed income securities. Its primary purpose is to provide investors with stable income and diversification by investing at least 80% of its assets in U.S. government securities, while allocating up to 20% to mortgage-backed and asset-backed securities not issued by the government. A notable feature is the fund’s focus on taxable municipal bonds, many of which are linked to financing infrastructure projects including utilities, transportation, and public facilities. This focus offers an attractive alternative to traditional corporate bonds, especially for investors seeking exposure to the U.S. infrastructure sector and those looking for potential yield enhancements with a relatively low correlation to equities. The fund utilizes a relative value strategy, emphasizing rigorous credit analysis, yield curve positioning, and sector rotation within investment-grade bonds. With a below-average risk profile and above-average performance rating within its category, the fund appeals to institutional investors, requiring a minimum investment of $1,000,000. It distributes income on a monthly basis and serves as a strategic portfolio diversifier for those seeking stable returns and exposure to U.S. infrastructure development through fixed income investments.

• Fund Family: New York Life Investment Management LLC
• Category: Intermediate Core Bond
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MGOIX
• Share Class: Class I
• Index: Index is not available on Lipper Database

Performance

MGOIX had a total return of -0.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.97%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MGVDX	Class R6	0.51%
MGVAX	Class A	0.85%
MGVNX	Investor Class	1.11%
MGVCX	Class C	1.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.02905	Aug 31, 2026
Jul 31, 2026	$0.02916	Jul 31, 2026
Jun 30, 2026	$0.0283	Jun 30, 2026
May 31, 2026	$0.02929	May 31, 2026
Apr 30, 2026	$0.02854	Apr 30, 2026
Mar 31, 2026	$0.02939	Mar 31, 2026

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:

Sep 26, 2026

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