NYLI MacKay High Yield Corporate Bond Investor Class (MHHIX)
| Fund Assets | 9.03B |
| Expense Ratio | 1.08% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 4.93% |
| Dividend Growth | -1.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2025 |
| Previous Close | 5.20 |
| YTD Return | 1.32% |
| 1-Year Return | 5.81% |
| 5-Year Return | 26.58% |
| 52-Week Low | 5.08 |
| 52-Week High | 5.33 |
| Beta (5Y) | n/a |
| Holdings | 634 |
| Inception Date | Feb 28, 2008 |
About MHHIX
MHHIX was founded on 2008-02-28. The Fund's investment strategy focuses on High Yield with 1.06% total expense ratio. The minimum amount to invest in MainStay Funds: MainStay MacKay High Yield Corporate Bond Fund; Investor Class Shares is $1,000 on a standard taxable account. MainStay Funds: MainStay MacKay High Yield Corporate Bond Fund; Investor Class Shares seeks maximum current income through investment in a diversified portfolio of high-yield debt securities. Capital appreciation is a secondary objective. MHHIX invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in high-yield corporate debt securities.
Performance
MHHIX had a total return of 5.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGRMX | Fidelity | Fidelity Advisor High Income Fund - Class M | 1.17% |
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
| FAHCX | Fidelity | Fidelity Advisor Capital & Income Fund - Class I | 0.96% |
Top 10 Holdings
10.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 4.68% |
| EnTrust Global Emrging Mkt Hldg NV A | n/a | 0.87% |
| Sprint Capital Corporation 6.875% | S.6.875 11.15.28 | 0.72% |
| TransDigm, Inc. 6.375% | TDG.6.375 03.01.29 144A | 0.68% |
| Saks Global Enterprises LLC 11% | SAGLEN.11 12.15.29 144A | 0.63% |
| Clarivate Science Holdings Corp. 4.875% | CLVTSC.4.875 07.01.29 144A | 0.58% |
| Mercer International Inc. 5.125% | MERC.5.125 02.01.29 | 0.54% |
| Jane Street Group LLC / JSG Finance Inc. 7.125% | JANEST.7.125 04.30.31 144A | 0.53% |
| Talen Energy Supply LLC 8.625% | TLN.8.625 06.01.30 144A | 0.51% |
| Innophos Holdings, Inc. 11.5% | IPHS.11.5 06.15.29 144A | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2025 | $0.0257 | May 30, 2025 |
| Apr 30, 2025 | $0.026 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0251 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0231 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0252 | Jan 31, 2025 |
| Dec 18, 2024 | $0.02466 | Dec 18, 2024 |