MGVNX Performance — NYLI MacKay U.S. Infrastructure Bond Fund, Investor Class
Data updated: 2026-09-23
MGVNX returned −0.43% year to date and +2.91% over one year to Jul 2026. Annualised returns are +4.28% over 3 years and −0.10% over 5 years. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $113, against $109 for the category, and to $103 over one year, against $105. Volatility over the past three years was 5.08% a year. In the 12 months to Jul 2026 the fund took in a net $716.6M, and assets reached $2.39B.
MGVNX Growth of $100
What $100 invested in NYLI MacKay U.S. Infrastructure Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | MGVNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $113 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $100 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $109 | $109 |
MGVNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.43% |
| 1 year | +2.91% |
| 3 years (annualised) | +4.28% |
| 5 years (annualised) | −0.10% |
MGVNX Annual Returns
Calendar-year total returns of NYLI MacKay U.S. Infrastructure Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.43% |
| 2025 | +7.96% |
| 2024 | +2.08% |
| 2023 | +6.43% |
| 2022 | −13.30% |
| 2021 | +0.18% |
| 2020 | +5.89% |
| 2019 (Aug–Dec) | +1.21% |
MGVNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +2.1% | −2.0% | +0.1% | +0.1% | +0.3% | −1.2% | — | — | — | — | — |
| 2025 | +0.6% | +2.3% | −0.1% | +0.7% | −0.7% | +1.5% | −0.1% | +1.4% | +0.7% | +0.9% | +0.6% | −0.3% |
| 2024 | +0.6% | −1.1% | +0.9% | −2.1% | +1.4% | +0.9% | +2.2% | +1.2% | +1.2% | −2.3% | +1.1% | −1.9% |
| 2023 | +3.4% | −1.8% | +2.1% | +0.8% | −0.6% | −0.6% | −0.2% | −0.1% | −2.1% | −1.2% | +3.5% | +3.4% |
| 2022 | −1.5% | −0.8% | −3.5% | −3.3% | −0.1% | −1.1% | +1.8% | −2.4% | −3.7% | −1.6% | +2.8% | −0.5% |
| 2021 | +0.3% | −0.9% | −1.3% | +0.9% | +0.7% | +0.7% | +1.6% | −0.4% | −1.1% | −0.4% | +0.7% | −0.6% |
| 2020 | +3.0% | +2.4% | −4.5% | 0.0% | +0.7% | +1.5% | +1.2% | +0.2% | +0.3% | −0.9% | +1.1% | +0.8% |
| 2019 | — | — | — | — | — | — | — | +3.4% | −1.1% | −0.4% | −0.2% | −0.5% |
MGVNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.08%
- 3-year Sharpe ratio: -0.04 (vs 4.5% risk-free rate)
- Best month: +3.45% (Nov 2023)
- Worst month: −2.26% (Oct 2024)
MGVNX Fund Flows
Monthly money in and out of NYLI MacKay U.S. Infrastructure Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $716.6M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 2.91×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $74.2M | $32.2M | $42.0M |
| Jun 2026 | $107.2M | $30.0M | $77.2M |
| May 2026 | $93.3M | $29.2M | $64.1M |
| Apr 2026 | $96.7M | $35.2M | $61.5M |
| Mar 2026 | $90.7M | $34.3M | $56.4M |
| Feb 2026 | $128.5M | $38.6M | $89.9M |
| Jan 2026 | $122.7M | $42.7M | $80.0M |
| Dec 2025 | $86.4M | $29.7M | $56.7M |
| Nov 2025 | $66.9M | $25.2M | $41.7M |
| Oct 2025 | $85.4M | $29.3M | $56.1M |
| Sep 2025 | $80.7M | $29.1M | $51.6M |
| Aug 2025 | $59.3M | $20.1M | $39.2M |
MGVNX Assets Under Management
Net assets of NYLI MacKay U.S. Infrastructure Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.39B |
| 2026-04-30 | $2.25B |
| 2026-01-31 | $2.06B |
| 2025-10-31 | $1.89B |
| 2025-07-31 | $1.71B |
| 2025-04-30 | $1.52B |
| 2025-01-31 | $1.45B |
| 2024-10-31 | $1.37B |
| 2024-07-31 | $1.20B |
| 2024-04-30 | $1.14B |
| 2024-01-31 | $1.06B |
| 2023-10-31 | $905.07M |
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.