NYLI Candriam Emerging Markets Debt Class A (MGHAX)
| Fund Assets | 57.25M |
| Expense Ratio | 1.15% |
| Min. Investment | $15,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.99% |
| Dividend Growth | -10.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.88 |
| YTD Return | -2.33% |
| 1-Year Return | 8.00% |
| 5-Year Return | 36.59% |
| 52-Week Low | 7.38 |
| 52-Week High | 8.25 |
| Beta (5Y) | n/a |
| Holdings | 113 |
| 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 8.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03281 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02415 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04877 | Jan 30, 2026 |
| Dec 15, 2025 | $0.13005 | Dec 15, 2025 |
| Nov 28, 2025 | $0.0328 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0354 | Oct 31, 2025 |