NYLI MacKay High Yield Corp Bd SIMPLE Cl (MHHSX)
| Fund Assets | 10.57B |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 5.72% |
| Dividend Growth | 2.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 5.21 |
| YTD Return | 1.58% |
| 1-Year Return | 4.44% |
| 5-Year Return | 64.92% |
| 52-Week Low | 5.16 |
| 52-Week High | 5.32 |
| Beta (5Y) | 0.28 |
| Holdings | 635 |
| Inception Date | Aug 31, 2020 |
About MHHSX
NYLI MacKay High Yield Corporate Bond Fund Simple Class is an open‑end mutual fund focused on non‑investment‑grade corporate debt. Its primary objective is to generate maximum current income, with capital appreciation as a secondary goal, by investing in a diversified portfolio of high‑yield bonds across industries and issuers. The strategy is managed by MacKay Shields’ dedicated high‑yield team, which applies bottom‑up fundamental credit research and a proprietary relative‑value discipline to balance income capture with risk management. The portfolio typically emphasizes lower‑rated corporate credit with low to limited interest‑rate sensitivity, reflecting the asset class’s shorter effective duration profile. Notable exposures often include cyclical and leveraged sectors such as energy, industrials, consumer discretionary, and telecommunications, consistent with the high‑yield market’s issuer base. Within the U.S. high‑yield bond category, the fund has been recognized for a structured process and experienced leadership, contributing to competitive, risk‑aware results across share classes. Its role in the market is to provide diversified access to sub‑investment‑grade income, serving investors seeking bond‑oriented cash flow and broad exposure to corporate credit below investment grade.
Performance
MHHSX had a total return of 4.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02406 | Jun 30, 2026 |
| May 29, 2026 | $0.0244 | May 29, 2026 |
| Apr 30, 2026 | $0.02158 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02498 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02215 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02454 | Jan 30, 2026 |