MGHIX Fees and Costs — NYLI Candriam Emerging Markets Debt Fund, Class I
Data updated: 2026-09-23
The net expense ratio is 0.85%: a 0.70% management fee plus 0.23% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0028% of average net assets, and portfolio turnover was 104%.
MGHIX Fees and Expenses
Annual operating expenses and sales charges of MGHIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MGHIX Costs Over Time
On $10,000 invested in MGHIX, assuming 5% a year before costs, total costs come to $535 over 5 years, cutting the return by 0.90% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $90 | $294 | $535 |
| Value after costs | $10,410 | $11,283 | $12,228 |
| Impact on return, per year | 0.90% | 0.90% | 0.90% |
MGHIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0028%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $284.5M
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $858K
- Net income from securities lending: $12K (0.011% of average net assets)
MGHIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $3K | 100.00% |
MGHIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $85.5M | 33.64% |
| Goldman Sachs & Co. LLC | $42.4M | 16.68% |
| Barclays Capital, Inc. | $30.4M | 11.96% |
| J.P. Morgan Securities LLC | $27.1M | 10.65% |
| Jefferies LLC | $25.0M | 9.84% |
| BofA Securities, Inc. | $13.1M | 5.14% |
| Citigroup Global Markets Inc. | $8.3M | 3.27% |
| HSBC Securities (USA) Inc. | $8.2M | 3.22% |
| Deutsche Bank Securities Inc. | $7.7M | 3.05% |
| Nomura Securities International, Inc. | $6.5M | 2.55% |
NYLI Candriam Emerging Markets Debt Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MGHIX | Class I | 0.85% | none |
| MGHAX | Class A | 1.15% | 4.50% |
| MGHHX | Investor Class | 1.50% | 4.00% |
| MHYCX | Class C | 2.25% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.