NYLI MacKay High Yield Corp Bond Inv Cl (MHHIX)
| Fund Assets | 11.13B |
| Expense Ratio | 1.08% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 5.47% |
| Dividend Growth | -0.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 5.27 |
| YTD Return | 2.58% |
| 1-Year Return | 3.02% |
| 5-Year Return | 21.58% |
| 52-Week Low | 5.08 |
| 52-Week High | 5.32 |
| Beta (5Y) | n/a |
| Holdings | 628 |
| Inception Date | Feb 28, 2008 |
About MHHIX
NYLI MacKay High Yield Corporate Bond Fund Investor Class is an open-end mutual fund focused on generating maximum current income, with capital appreciation as a secondary goal. It primarily invests in a diversified portfolio of below–investment-grade corporate debt, leveraging fundamental, bottom‑up credit research and a proprietary relative‑value framework to balance yield opportunities with disciplined risk management. The strategy is managed by MacKay Shields’ high‑yield team, a credit‑specialist group with decades of fixed‑income experience, led by Andrew Susser alongside senior portfolio managers who emphasize issuer selection and credit quality positioning. The fund typically maintains broad sector exposure across U.S. high‑yield industries, seeking attractive coupons while limiting concentrations in the riskiest tiers of the market through active credit oversight. Within the high‑yield bond segment, it serves investors looking for consistent income from corporate issuers and a differentiated return profile relative to investment‑grade bonds and equities, supported by a structured process and long‑tenured management focused on prudent credit risk control.
Performance
MHHIX had a total return of 3.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
5.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Great Outdoors Group LLC, First Lien Term Loan B | n/a | 0.89% |
| TransDigm, Inc. | TDG.6.375 03.01.29 144A | 0.72% |
| Clarivate Science Holdings Corp. | CLVTSC.4.875 07.01.29 144A | 0.60% |
| JB Poindexter & Co., Inc. | JBPOIN.8.75 12.15.31 144A | 0.55% |
| Jane Street Group | JANEST.7.125 04.30.31 144A | 0.54% |
| Talen Energy Supply LLC | TLN.8.625 06.01.30 144A | 0.53% |
| Jazz Securities DAC | JAZZ.4.375 01.15.29 144A | 0.52% |
| Mineral Resources Ltd. | MINAU.8.125 05.01.27 144A | 0.50% |
| Innophos Holdings, Inc. | IPHS.11.5 06.15.29 144A | 0.50% |
| Quikrete Holdings, Inc. | QUIKHO.6.375 03.01.32 144A | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0254 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0255 | Aug 29, 2025 |
| Jul 31, 2025 | $0.027 | Jul 31, 2025 |
| Jun 30, 2025 | $0.025 | Jun 30, 2025 |
| May 30, 2025 | $0.0257 | May 30, 2025 |
| Apr 30, 2025 | $0.026 | Apr 30, 2025 |