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	5.10%
Dividend Growth	-3.02%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	19.91
YTD Return	13.97%
1-Year Return	19.59%
5-Year Return	43.03%
52-Week Low	16.57
52-Week High	20.18
Beta (5Y)	1.02
Holdings	32
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.

• 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: MGXNX
• Share Class: Investor Class
• Index: S&P 500 TR

Performance

MGXNX had a total return of 19.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.18%.

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%
MGXAX	Class A	1.13%
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	$1.01692	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

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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