NYLI Candriam Emerging Markets Debt Class C (MHYCX)
| Fund Assets | 135.46M |
| Expense Ratio | 2.22% |
| Min. Investment | $1,000 |
| Turnover | 89.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 6.45% |
| Dividend Growth | 0.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 7.74 |
| YTD Return | 6.03% |
| 1-Year Return | 7.36% |
| 5-Year Return | 23.74% |
| 52-Week Low | 7.19 |
| 52-Week High | 7.93 |
| Beta (5Y) | n/a |
| Holdings | 145 |
| 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 7.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
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% |
Top 10 Holdings
28.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 12.53% |
| Poland (Republic of) 5.375% | POLAND.5.375 02.12.35 10Y | 2.81% |
| Euro | n/a | 2.28% |
| Macedonia (Republic of) 6.96% | MACEDO.6.96 03.13.27 REGS | 1.77% |
| Bulgaria (Republic Of) 5% | BGARIA.5 03.05.37 13Y | 1.69% |
| Oman (Sultanate Of) 6.75% | OMAN.6.75 01.17.48 REGS | 1.60% |
| Indonesia (Republic of) 4.65% | INDON.4.65 09.20.32 | 1.55% |
| Turkey (Republic of) 4.875% | TURKEY.4.875 04.16.43 30Y | 1.48% |
| Egypt (Arab Republic of) 8.875% | EGYPT.8.875 05.29.50 REGS | 1.42% |
| Colombia (Republic Of) 8% | COLOM.8 04.20.33 | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0356 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0294 | Jun 30, 2025 |
| May 30, 2025 | $0.0301 | May 30, 2025 |
| Apr 30, 2025 | $0.0312 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0307 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0153 | Feb 28, 2025 |