MGXAX Performance — NYLI Equity Allocation Fund, Class A
Data updated: 2026-09-23
MGXAX returned +11.22% year to date and +19.99% over one year to Jul 2026. Annualised returns are +13.65% over 3 years and +7.43% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $147, against $168 for the category, and to $120 over one year, against $108. Volatility over the past three years was 12.68% a year. In the 12 months to Jul 2026 the fund lost a net $12.4M, and assets reached $502.17M.
MGXAX Growth of $100
What $100 invested in NYLI Equity Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MGXAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $120 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $147 | $168 |
| 5 years (Aug 2021 – Jul 2026) | $143 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $204 | $190 |
MGXAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.22% |
| 1 year | +19.99% |
| 3 years (annualised) | +13.65% |
| 5 years (annualised) | +7.43% |
MGXAX Annual Returns
Calendar-year total returns of NYLI Equity Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +11.22% |
| 2025 | +14.05% |
| 2024 | +11.62% |
| 2023 | +17.03% |
| 2022 | −17.48% |
| 2021 | +20.54% |
| 2020 | +15.34% |
| 2019 (Aug–Dec) | +7.29% |
MGXAX 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 | +2.9% | +1.3% | −6.3% | +9.4% | +4.2% | +1.1% | −1.3% | — | — | — | — | — |
| 2025 | +3.6% | −2.3% | −4.4% | +0.1% | +4.8% | +3.8% | +0.4% | +3.0% | +2.0% | +1.2% | +0.9% | +0.5% |
| 2024 | +0.4% | +3.7% | +3.0% | −4.1% | +3.4% | +1.1% | +2.7% | +1.4% | +1.6% | −2.3% | +5.7% | −5.0% |
| 2023 | +7.0% | −2.8% | +0.3% | +0.4% | −1.5% | +5.9% | +3.4% | −2.7% | −4.2% | −3.0% | +8.4% | +5.7% |
| 2022 | −5.5% | −2.2% | +2.1% | −7.9% | +0.5% | −8.3% | +7.8% | −4.0% | −9.2% | +8.3% | +6.7% | −4.9% |
| 2021 | −0.2% | +3.7% | +3.0% | +4.5% | +1.4% | +0.7% | +1.2% | +2.5% | −4.3% | +5.3% | −2.7% | +4.2% |
| 2020 | −1.5% | −7.8% | −14.7% | +11.5% | +5.2% | +2.7% | +4.8% | +6.0% | −3.5% | −2.0% | +12.1% | +4.8% |
| 2019 | — | — | — | — | — | — | — | −2.6% | +2.0% | +2.2% | +2.9% | +2.7% |
MGXAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.68%
- 3-year Sharpe ratio: 0.72 (vs 4.5% risk-free rate)
- Best month: +9.44% (Apr 2026)
- Worst month: −6.32% (Mar 2026)
MGXAX Fund Flows
Monthly money in and out of NYLI Equity Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$12.4M
- 12-month gross sales (incl. reinvestments): $73.8M
- Sales ÷ redemptions: 0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.6M | $6.2M | −$3.5M |
| Jun 2026 | $9.3M | $14.8M | −$5.5M |
| May 2026 | $2.3M | $6.5M | −$4.2M |
| Apr 2026 | $2.4M | $5.2M | −$2.8M |
| Mar 2026 | $2.7M | $6.3M | −$3.5M |
| Feb 2026 | $2.1M | $7.3M | −$5.1M |
| Jan 2026 | $3.5M | $6.2M | −$2.8M |
| Dec 2025 | $31.8M | $8.4M | $23.5M |
| Nov 2025 | $2.5M | $4.3M | −$1.8M |
| Oct 2025 | $3.6M | $6.2M | −$2.7M |
| Sep 2025 | $7.3M | $10.0M | −$2.7M |
| Aug 2025 | $3.6M | $4.8M | −$1.2M |
MGXAX Assets Under Management
Net assets of NYLI Equity Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $502.17M |
| 2026-04-30 | $495.24M |
| 2026-01-31 | $488.51M |
| 2025-10-31 | $476.09M |
| 2025-07-31 | $454.14M |
| 2025-04-30 | $426.62M |
| 2025-01-31 | $465.07M |
| 2024-10-31 | $460.93M |
| 2024-07-31 | $467.03M |
| 2024-04-30 | $444.74M |
| 2024-01-31 | $444.29M |
| 2023-10-31 | $388.87M |
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.