NYLI MacKay Strategic Bond Class A (MASAX)
| Fund Assets | 1.75B |
| Expense Ratio | 0.98% |
| Min. Investment | $15,000 |
| Turnover | 136.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.94% |
| Dividend Growth | -0.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.73 |
| YTD Return | 1.50% |
| 1-Year Return | 5.03% |
| 5-Year Return | 73.26% |
| 52-Week Low | 8.69 |
| 52-Week High | 8.91 |
| Beta (5Y) | 0.24 |
| Holdings | 736 |
| 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 5.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03912 | Jun 30, 2026 |
| May 29, 2026 | $0.03753 | May 29, 2026 |
| Apr 30, 2026 | $0.03807 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03908 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03505 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04277 | Jan 30, 2026 |