NYLI MacKay Short Duration High Income Investor Class (MDHVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.52
+0.01 (0.11%)
Jun 24, 2025, 4:00 PM EDT
0.00%
Fund Assets 1.28B
Expense Ratio 1.11%
Min. Investment $2,500
Turnover n/a
Dividend (ttm) 0.57
Dividend Yield 5.83%
Dividend Growth 2.04%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 9.51
YTD Return 2.65%
1-Year Return 6.12%
5-Year Return 30.38%
52-Week Low 9.26
52-Week High 9.64
Beta (5Y) 0.17
Holdings 477
Inception Date Dec 17, 2012

About MDHVX

MDHVX was founded on 2012-12-17. The Fund's investment strategy focuses on Short High Yield with 1.11% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Investor Class Shares is $2,500 on a standard taxable account. MainStay Funds Trust: MainStay MacKay Short Duration High Yield Fund; Investor Class Shares seeks high current income. Capital appreciation is a secondary objective. MDHVX invests at least 80% of its assets in high-yield debt securities that are rated below investment grade by an independent rating agency. MDHVX will generally seek to maintain a weighted average duration of three years or less.

Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol MDHVX
Share Class Investor Class
Index ICE BofA US HY BB-B Cash Pay TR

Performance

MDHVX had a total return of 6.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.31%.

Other Share Classes

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

Symbol Share Class Expense Ratio
MDHIX Class I 0.77%
MDHAX Class A 1.02%
MDHCX Class C 1.86%
MDHEX Class R6 0.71%

Top 10 Holdings

8.51% of assets
Name Symbol Weight
Great Outdoors Group LLC, First Lien Term Loan B BASSPR.L 01.23.32 7 1.24%
TransDigm, Inc. TDG.6.75 08.15.28 144A 0.94%
TransDigm, Inc. TDG.6.375 03.01.29 144A 0.89%
Churchill Downs, Inc. CHDN.5.5 04.01.27 144A 0.87%
TK Elevator U.S. Newco, Inc. THYELE.5.25 07.15.27 144A 0.83%
Big River Steel LLC BIGBRS.6.625 01.31.29 144A 0.79%
Organon & Co. OGN.4.125 04.30.28 144a 0.79%
TK Elevator Midco GmbH, First Lien Term Loan B1 n/a 0.74%
T-Mobile USA, Inc. TMUS.2.25 02.15.26 0.71%
Jazz Securities DAC JAZZ.4.375 01.15.29 144A 0.70%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 29, 2025 $0.0483 May 30, 2025
Apr 30, 2025 $0.0473 Apr 30, 2025
Mar 31, 2025 $0.0472 Mar 31, 2025
Feb 28, 2025 $0.043 Feb 28, 2025
Jan 31, 2025 $0.0536 Jan 31, 2025
Dec 17, 2024 $0.0469 Dec 17, 2024
Full Dividend History