NYLI Equity Allocation SIMPLE Class (MGXSX)
| Fund Assets | 466.22M |
| Expense Ratio | 1.52% |
| Min. Investment | $1,000,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 1.06 |
| Dividend Yield | 5.93% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 17.95 |
| YTD Return | 10.44% |
| 1-Year Return | 12.78% |
| 5-Year Return | n/a |
| 52-Week Low | 13.99 |
| 52-Week High | 18.25 |
| Beta (5Y) | n/a |
| Holdings | 29 |
| Inception Date | Aug 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.
Performance
MGXSX had a total return of 12.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.13%.
Top 10 Holdings
68.81% of assets| Name | Symbol | Weight |
|---|---|---|
| NYLI WMC Growth Class R6 | KLGDX | 7.26% |
| NYLI WMC Small Companies Class I | MOPIX | 7.12% |
| NYLI PineStone U.S. Equity Class R6 | FCUDX | 7.11% |
| NYLI Candriam U.S. Large Cap Equity ETF | IQSU | 7.10% |
| NYLI WMC Value Class R6 | MMPDX | 7.09% |
| NYLI Epoch U.S. Equity Yield Class R6 | EPLDX | 7.08% |
| NYLI Candriam U.S. Mid Cap Equity ETF | IQSM | 7.01% |
| NYLI WMC Enduring Capital Class R6 | MCSDX | 7.00% |
| NYLI Fiera SMID Growth Class R6 | APSDX | 6.94% |
| NYLI Candriam Emerging Markets Eq Cl R6 | MCYSX | 5.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $1.0602 | Dec 30, 2024 |
| Dec 29, 2022 | $1.39373 | Dec 29, 2022 |
| Dec 30, 2021 | $2.16524 | Dec 30, 2021 |
| Dec 30, 2020 | $0.75794 | Dec 30, 2020 |