NYLI Candriam Emerging Markets Debt Class A (MGHAX)
| Fund Assets | 57.01M |
| Expense Ratio | 1.15% |
| Min. Investment | $15,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 6.12% |
| Dividend Growth | -11.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.06 |
| YTD Return | 1.79% |
| 1-Year Return | 10.13% |
| 5-Year Return | 38.54% |
| 52-Week Low | 7.79 |
| 52-Week High | 8.25 |
| Beta (5Y) | 0.53 |
| Holdings | 118 |
| 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 10.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.98%.
Top 10 Holdings
30.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 8.96% |
| Us Dollar | n/a | 3.72% |
| Indonesia (Republic of) 6.625% | INDON.6.625 02.17.37 REGS | 2.86% |
| Poland (Republic of) 5.125% | POLAND.5.125 09.18.34 10Y | 2.64% |
| Chile (Republic Of) 5.65% | CHILE.5.65 01.13.37 | 2.27% |
| Hungary (Republic Of) 7.625% | REPHUN.7.625 03.29.41 30Y | 2.06% |
| Kenya (Republic of) 8.7% | KENINT.8.7 02.26.39 REGS | 2.06% |
| Euro | n/a | 2.04% |
| Us Dollar | n/a | 2.03% |
| South Africa (Republic of) 7.1% | SOAF.7.1 11.19.36 REGS | 1.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03268 | Jun 30, 2026 |
| May 29, 2026 | $0.03249 | May 29, 2026 |
| Apr 30, 2026 | $0.03278 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03281 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02415 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04877 | Jan 30, 2026 |