NYLI Equity Allocation Investor Class (MGXNX)
| Fund Assets | 473.04M |
| Expense Ratio | 1.27% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 5.52% |
| Dividend Growth | -3.02% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 17.85 |
| YTD Return | 0.28% |
| 1-Year Return | 14.47% |
| 5-Year Return | 41.17% |
| 52-Week Low | 13.62 |
| 52-Week High | 18.50 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Feb 28, 2008 |
About MGXNX
NYLI Equity Allocation Fund Investor Class is an open-end mutual fund designed to deliver long-term capital growth. This fund operates as a "fund of funds," meaning it invests primarily in a diversified selection of other mutual funds, rather than directly holding stocks or bonds. Its strategy leverages access to a multi-boutique lineup of specialized institutional asset managers, each with distinct investment philosophies and expertise, contributing to a comprehensive and diversified equity exposure. Managed by a seasoned team, the fund dynamically allocates assets among underlying funds, focusing chiefly on the equity markets but maintaining some exposure to fixed income securities when appropriate. This approach aims to capture growth opportunities across various market sectors and capitalizations, while benefiting from the oversight and risk management of experienced professionals. The NYLI Equity Allocation Fund Investor Class holds particular significance for investors seeking a hands-off, actively managed equity allocation solution that draws on the knowledge base and resources of multiple institutional managers within a single portfolio.
Performance
MGXNX had a total return of 14.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.29%.
Top 10 Holdings
70.80% of assets| Name | Symbol | Weight |
|---|---|---|
| NYLI Winslow Large Cap Growth ETF | IWLG | 7.27% |
| NYLI WMC Growth Class R6 | KLGDX | 7.23% |
| NYLI Candriam U.S. Large Cap Equity ETF | IQSU | 7.19% |
| NYLI Fiera SMID Growth Fund, Class R6 | n/a | 7.12% |
| NYLI WMC Small Companies Class I | MOPIX | 7.09% |
| NYLI Candriam U.S. Mid Cap Equity ETF | IQSM | 7.06% |
| NYLI Epoch U.S. Equity Yield Fund, Class R6 | n/a | 7.03% |
| NYLI WMC Value Fund, Class R6 | n/a | 6.98% |
| NYLI PineStone U.S. Equity Fund, Class R6 | n/a | 6.95% |
| NYLI WMC Enduring Capital Fund, Class R6 | n/a | 6.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $1.01692 | Dec 30, 2025 |
| Dec 30, 2024 | $1.04862 | Dec 30, 2024 |
| Dec 29, 2022 | $1.43218 | Dec 29, 2022 |
| Dec 30, 2021 | $2.21188 | Dec 30, 2021 |
| Dec 30, 2020 | $0.77439 | Dec 30, 2020 |
| Dec 30, 2019 | $0.78926 | Dec 30, 2019 |