NYLI Equity Allocation SIMPLE Class (MGXSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.48
-0.11 (-0.63%)
Sep 2, 2025, 4:00 PM EDT
-0.63%
Fund Assets454.14M
Expense Ratio1.52%
Min. Investment$1,000
Turnover30.00%
Dividend (ttm)1.06
Dividend Yield6.03%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend DateDec 30, 2024
Previous Close17.59
YTD Return7.97%
1-Year Return7.64%
5-Year Returnn/a
52-Week Low13.99
52-Week High18.25
Beta (5Y)n/a
Holdings29
Inception DateAug 31, 2020

About MGXSX

The NYLI Equity Allocation Fund Simple Class is a mutual fund focused on seeking long-term capital growth by investing predominantly in a diversified selection of equity funds. As a fund-of-funds, it allocates assets across a broad spectrum of underlying equity mutual funds and ETFs, providing exposure to various styles, market capitalizations, and geographies. Managed by a team leveraging both quantitative and qualitative analysis, the fund aims for strategic diversification and effective risk mitigation. While the majority of assets are allocated to equities, up to 10% may be invested in underlying fixed-income funds, offering modest diversification beyond stocks. The fund features 30 holdings, with the top ten constituting over two-thirds of the portfolio, including both actively and passively managed strategies managed by specialized institutional asset managers. Since its inception in August 2020, the fund has targeted consistent performance through disciplined allocation and oversight, making it a component in holistic portfolio solutions for investors seeking equity-driven growth. Its role in the financial markets is to provide broad equity exposure with professional allocation expertise, suitable for those seeking a turnkey equity allocation approach.

Fund Family New York Life Investment Management LLC
Category Mix Tgt All Agg Gr
Stock Exchange NASDAQ
Ticker Symbol MGXSX
Share Class Simple Class
Index S&P 500 TR

Performance

MGXSX had a total return of 7.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.68%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
MGXIXClass I0.88%
MGXAXClass A1.13%
MGXNXInvestor Class1.27%
MGXCXClass C2.02%

Top 10 Holdings

68.81% of assets
NameSymbolWeight
NYLI WMC Growth Class R6KLGDX7.26%
NYLI WMC Small Companies Class IMOPIX7.12%
NYLI PineStone U.S. Equity Class R6FCUDX7.11%
NYLI Candriam U.S. Large Cap Equity ETFIQSU7.10%
NYLI WMC Value Class R6MMPDX7.09%
NYLI Epoch U.S. Equity Yield Class R6EPLDX7.08%
NYLI Candriam U.S. Mid Cap Equity ETFIQSM7.01%
NYLI WMC Enduring Capital Class R6MCSDX7.00%
NYLI Fiera SMID Growth Class R6APSDX6.94%
NYLI Candriam Emerging Markets Eq Cl R6MCYSX5.10%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 30, 2024$1.0602Dec 30, 2024
Dec 29, 2022$1.39373Dec 29, 2022
Dec 30, 2021$2.16524Dec 30, 2021
Dec 30, 2020$0.75794Dec 30, 2020
Full Dividend History