NYLI Equity Allocation Class A (MGXAX)

Fund Assets	473.04M
Expense Ratio	1.13%
Min. Investment	$15,000
Turnover	30.00%
Dividend (ttm)	0.19
Dividend Yield	0.96%
Dividend Growth	7.70%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	19.93
YTD Return	14.08%
1-Year Return	19.12%
5-Year Return	44.61%
52-Week Low	16.58
52-Week High	20.21
Beta (5Y)	1.02
Holdings	32
Inception Date	Apr 4, 2005

About MGXAX

NYLI Equity Allocation Fund Class A is a diversified mutual fund designed to seek long-term capital growth by investing primarily in a wide mix of equity securities. Structured as a fund-of-funds, it achieves its objective by allocating assets across a selection of underlying mutual funds and exchange-traded funds managed by New York Life Investments. This approach enables broad exposure to various segments of the equity market, including large-cap, mid-cap, and small-cap U.S. stocks, with the flexibility to allocate approximately 15% to 35% of assets to international equities, targeting up to 25% under typical conditions. The fund harnesses the expertise of multiple seasoned asset managers who actively oversee both portfolio selection and tactical allocation decisions to reflect shifts in market conditions and investment opportunities. With assets distributed among several specialized strategies, the fund is positioned within the aggressive allocation category and caters to investors seeking comprehensive equity market participation through a single, professionally managed vehicle.

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

Performance

MGXAX had a total return of 19.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MGXIX	Class I	0.88%
MGXNX	Investor Class	1.27%
MGXSX	Simple Class	1.52%
MGXCX	Class C	2.02%

Top 10 Holdings

70.04% of assets

Name	Symbol	Weight
NYLI Candriam U.S. Mid Cap Equity ETF	IQSM	10.44%
NYLI Candriam U.S. Large Cap Equity ETF	IQSU	8.22%
NYLI WMC Growth Class R6	KLGDX	7.86%
NYLI WMC Small Companies Class I	MOPIX	7.64%
NYLI U.S. Large Cap R&D Leaders ETF	LRND	7.31%
NYLI WMC Value Class R6	MMPDX	5.96%
NYLI S&P 500 Index Class I	MSPIX	5.77%
NYLI WMC International Research Equity Class I	MYIIX	5.66%
NYLI Epoch U.S. Equity Yield Class R6	EPLDX	5.65%
NYLI Candriam International Equity ETF	IQSI	5.53%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.06084	Dec 30, 2025
Dec 30, 2024	$1.0877	Dec 30, 2024
Dec 29, 2022	$1.45833	Dec 29, 2022
Dec 30, 2021	$2.24359	Dec 30, 2021
Dec 30, 2020	$0.80868	Dec 30, 2020
Dec 30, 2019	$0.8123	Dec 30, 2019

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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