NYLIM MacKay High Yld Corp Bd Inv Cl (MHHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

5.04

-0.01 (-0.20%)

At close: Oct 14, 2026

Fund Assets	10.06B
Expense Ratio	1.147%
Min. Investment	$1,000
Turnover	34.00%
Dividend (ttm)	0.29
Dividend Yield	5.76%
Dividend Growth	-3.58%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	5.05
YTD Return	-0.18%
1-Year Return	1.49%
5-Year Return	16.21%
52-Week Low	5.03
52-Week High	5.30
Beta (5Y)	0.38
Holdings	655
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.

Fund Family New York Life Investment Management LLC

Category High Yield Bond

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol MHHIX

Share Class Investor Class

Index ICE BofA US High Yield Constrained TR

Performance

MHHIX had a total return of 1.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.04%.

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 M	0.98%
FGTMX	Fidelity	Fidelity Advisor High Income I	0.73%
FGSMX	Fidelity	Fidelity Advisor High Income C	1.73%
FGUMX	Fidelity	Fidelity Advisor High Income Z	0.63%
FAHCX	Fidelity	Fidelity Advisor Capital & Income I	0.93%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MHYSX	Class R6	0.57%
MHYIX	Class I	0.72%
MHCAX	Class A	0.97%
MHYRX	Class R2	1.07%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02319	Sep 30, 2026
Aug 31, 2026	$0.02334	Aug 31, 2026
Jul 31, 2026	$0.02465	Jul 31, 2026
Jun 30, 2026	$0.02396	Jun 30, 2026
May 29, 2026	$0.0243	May 29, 2026
Apr 30, 2026	$0.02157	Apr 30, 2026

Full Dividend History