NYLI MacKay High Yield Corporate Bond Class R3 (MHYTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
5.24
+0.01 (0.19%)
Oct 24, 2024, 4:00 PM EDT
6.72%
Fund Assets 11.54B
Expense Ratio 1.34%
Min. Investment $1,000
Turnover 20.00%
Dividend (ttm) 0.29
Dividend Yield 5.62%
Dividend Growth 16.92%
Payout Frequency Monthly
Ex-Dividend Date Sep 30, 2024
Previous Close 5.23
YTD Return 5.92%
1-Year Return 13.00%
5-Year Return 62.48%
52-Week Low 4.90
52-Week High 5.28
Beta (5Y) n/a
Holdings 576
Inception Date Feb 29, 2016

About MHYTX

The fund, under normal circumstances, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield corporate debt securities, including all types of high-yield domestic and foreign corporate debt securities that are rated below investment grade or that are unrated but are considered to be of comparable quality by the Subadvisor. It may invest up to 20% of its net assets in common stocks and other equity-related securities.

Fund Family New York Life Investment Management LLC
Category High Yield Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MHYTX
Index ICE BofA US High Yield Constrained TR

Performance

MHYTX had a total return of 13.00% in the past year. Since the fund's inception, the average annual return has been 9.28%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FAHDX Fidelity Fidelity Advisor High Income Advantage Fund - Class A 1.19%
FAHCX Fidelity Fidelity Advisor High Income Advantage Fund - Class I 0.94%
FPIOX Fidelity Strategic Advisers Income Opportunities Fund 0.57%
FAHEX Fidelity Fidelity Advisor High Income Advantage Fund - Class C 1.96%
SPHIX Fidelity Fidelity High Income Fund 0.88%

Other Share Classes

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

Symbol Share Class Expense Ratio
MHYIX Class I 0.74%
MHYSX Class R6 0.60%
MHCAX Class A 0.99%
MHHIX Investor Class 1.08%

Top 10 Holdings

11.94% of assets
Name Symbol Weight
Other Assets & Liabilities n/a 5.69%
Great Outdoors Group, Llc-Term B-2 Loan Cme Term S n/a 0.94%
Sprint Capital Corporation 6.875% S 6.875 11.15.28 0.88%
NMG Holding Co Inc. 7.125% NMG 7.125 04.01.26 144A 0.88%
TransDigm, Inc. 6.375% TDG 6.375 03.01.29 144A 0.74%
Clarivate Science Holdings Corp. 4.875% CLVTSC 4.875 07.01.29 144A 0.60%
Mercer International Inc. 5.125% MERC 5.125 02.01.29 0.57%
Talen Energy Supply LLC 8.625% TLN 8.625 06.01.30 144A 0.55%
Watco Companies, L.L.C. / Watco Finance Corp. 6.5% WATCOS 6.5 06.15.27 144A 0.55%
Jane Street Group LLC / JSG Finance Inc. 7.125% JANEST 7.125 04.30.31 144A 0.54%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.0223 Sep 30, 2024
Aug 30, 2024 $0.0235 Aug 30, 2024
Jul 31, 2024 $0.0234 Jul 31, 2024
Jun 28, 2024 $0.0234 Jun 28, 2024
May 31, 2024 $0.0237 May 31, 2024
Apr 30, 2024 $0.0254 Apr 30, 2024
Full Dividend History