NYLI MacKay Strategic Bond Class A (MASAX)
| Fund Assets | 1.22B |
| Expense Ratio | 1.02% |
| Min. Investment | $15,000 |
| Turnover | 131.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.94% |
| Dividend Growth | 9.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.85 |
| YTD Return | 6.04% |
| 1-Year Return | 4.36% |
| 5-Year Return | 76.74% |
| 52-Week Low | 8.52 |
| 52-Week High | 8.92 |
| Beta (5Y) | n/a |
| Holdings | 606 |
| Inception Date | Feb 28, 1997 |
About MASAX
NYLI MacKay Strategic Bond Fund Class A is a multisector mutual fund designed to achieve total return primarily through investments in a diverse mix of domestic and international debt securities. The fund is distinguished by its flexible, research-driven strategy, employing both top-down and bottom-up analysis to navigate opportunities across global bond markets. It typically allocates at least 80% of its assets to various fixed-income instruments, including U.S. government obligations, corporate bonds, foreign bonds, and high-yield debt, allowing broad diversification across credit qualities and regions. The fund may also invest up to 15% in equity securities, further enhancing its portfolio flexibility. Managed by a seasoned team, the fund integrates dynamic risk management practices that focus on eliminating uncompensated risks while continuously seeking risk-adjusted returns through all market cycles. NYLI MacKay Strategic Bond Fund Class A plays a significant role in the financial market by offering investors access to a wide array of fixed-income opportunities, aiming to provide consistent income and growth potential within the broader context of changing economic conditions.
Performance
MASAX had a total return of 4.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.94%.
Top 10 Holdings
16.68% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 6.57% |
| United States Treasury Notes 4% | T.4 04.30.32 | 4.20% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 1.50% |
| Federal Home Loan Mortgage Corp. 5% | FR.RR0009 | 0.83% |
| Federal National Mortgage Association 2% | FN.MA4562 | 0.82% |
| Federal National Mortgage Association 5% | FN.MA5137 | 0.81% |
| DP World Salaam 6% | DPWDU.V6 PERP | 0.55% |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2025-01 0% | MCAS.2025-01 B1 | 0.49% |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R03 0% | CAS.2021-R03 1M2 | 0.47% |
| Federal Home Loan Mortgage Corp. 0% | MSCR.2024-MN9 M2 | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0396 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0366 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0404 | Jun 30, 2025 |
| May 30, 2025 | $0.0351 | May 30, 2025 |
| Apr 30, 2025 | $0.0352 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0387 | Mar 31, 2025 |