NYLI Candriam Emerging Markets Debt Class C (MHYCX)
| Fund Assets | 56.35M |
| Expense Ratio | 2.22% |
| Min. Investment | $1,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 5.61% |
| Dividend Growth | -11.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.98 |
| YTD Return | 1.28% |
| 1-Year Return | 10.79% |
| 5-Year Return | 4.14% |
| 52-Week Low | 6.83 |
| 52-Week High | 7.98 |
| Beta (5Y) | n/a |
| Holdings | 153 |
| Inception Date | Sep 1, 1998 |
About MHYCX
NYLI Candriam Emerging Markets Debt Fund is an open-end mutual fund dedicated to providing total return by investing primarily in **hard currency-denominated debt securities issued by governments and corporations in emerging markets**. The fund employs a rigorous, relative value investment approach, combining both bottom-up and top-down analyses to assess and capitalize on inefficiencies across the emerging market debt universe. It systematically scores countries on multiple factors—including creditworthiness and risk assessment—enabling the portfolio team to optimize diversification and exploit uncorrelated opportunities. A standout characteristic is its focus on **hard currency debt**, which typically refers to bonds issued in major international currencies such as the US dollar, reducing local currency risk. The portfolio is actively managed by a team of emerging markets debt specialists and integrates **environmental, social, and governance (ESG) considerations** into the security selection process. This orientation aims to manage risk while pursuing attractive return potential for its investors. The fund is designed for those seeking exposure to the diverse and often higher-yielding debt instruments of developing nations, and it plays a significant role in the market by providing global investors access to a complex and evolving sector often marked by both growth opportunities and unique risks.
Performance
MHYCX had a total return of 10.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 0.76% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 0.76% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.76% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.76% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04137 | Jan 30, 2026 |
| Dec 15, 2025 | $0.12259 | Dec 15, 2025 |
| Nov 28, 2025 | $0.0257 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0278 | Oct 31, 2025 |
| Sep 30, 2025 | $0.028 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0299 | Aug 29, 2025 |