NYLI Candriam Emerging Markets Debt Cl A (MGHAX)
| Fund Assets | 137.21M |
| Expense Ratio | 1.15% |
| Min. Investment | $15,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.77% |
| Dividend Growth | -9.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 8.22 |
| YTD Return | 10.46% |
| 1-Year Return | 9.76% |
| 5-Year Return | 39.66% |
| 52-Week Low | 7.38 |
| 52-Week High | 8.25 |
| Beta (5Y) | n/a |
| Holdings | 149 |
| Inception Date | Jun 1, 1998 |
About MGHAX
NYLI Candriam Emerging Markets Debt Fund Class A is a mutual fund that specializes in investing in hard currency-denominated debt securities from emerging market issuers. The fund's primary objective is to achieve total return through a blend of current income and capital appreciation. Managed by specialists with deep expertise in emerging market debt, the fund employs a rigorous relative value approach, targeting inefficiencies by combining bottom-up and top-down analyses across 23 factors to assess countries’ risk and creditworthiness. The portfolio is diversified across government, quasi-government, and corporate bonds, with a particular emphasis on optimizing uncorrelated opportunities to manage risk. ESG considerations are integrated into the investment process, reflecting a commitment to responsible investing. The fund typically holds over 140 fixed-income securities, maintains a moderate credit quality mix, and features characteristics such as monthly distributions and an average effective duration near 7 years. NYLI Candriam Emerging Markets Debt Fund Class A plays a significant role in providing investors access to the growth potential and diversification benefits of emerging market debt, making it relevant for those seeking exposure beyond developed market fixed-income opportunities.
Performance
MGHAX had a total return of 9.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.00%.
Top 10 Holdings
32.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 12.70% |
| Euro | n/a | 3.72% |
| Us Dollar | n/a | 2.54% |
| Romania (Republic Of) 7.125% | ROMANI.7.125 01.17.33 REGS | 2.36% |
| Colombia (Republic Of) 7.375% | COLOM.7.375 04.25.30 | 2.34% |
| Panama (Republic of) 9.375% | PANAMA.9.375 04.01.29 | 1.92% |
| Us Dollar | n/a | 1.73% |
| Bulgaria (Republic Of) 5% | BGARIA.5 03.05.37 13Y | 1.60% |
| Oman (Sultanate Of) 6.75% | OMAN.6.75 01.17.48 REGS | 1.58% |
| Cash Offsets For Shorts & Derivatives | n/a | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.0354 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0349 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0369 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0425 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0358 | Jun 30, 2025 |
| May 30, 2025 | $0.0365 | May 30, 2025 |