NYLI Candriam Emerging Markets Debt Class C (MHYCX)

Fund Assets	55.76M
Expense Ratio	2.25%
Min. Investment	$1,000
Turnover	104.00%
Dividend (ttm)	0.42
Dividend Yield	5.35%
Dividend Growth	-16.43%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	7.80
YTD Return	0.94%
1-Year Return	5.83%
5-Year Return	30.24%
52-Week Low	7.61
52-Week High	8.03
Beta (5Y)	0.54
Holdings	107
Inception Date	Sep 1, 1998

About MHYCX

NYLI Candriam Emerging Markets Debt Fund is a fixed-income mutual fund that invests at least 80% of its assets in hard currency debt securities issued by sovereign and quasi-sovereign entities in emerging markets. The fund seeks total return through a relative value investment approach, capitalizing on inefficiencies in emerging market debt by optimizing uncorrelated relative value opportunities. Managed by Candriam, a pioneer in emerging markets debt investing, the fund employs both bottom-up and top-down analysis, scoring countries based on 23 factors to assess relative risk and creditworthiness. The investment team incorporates Environmental, Social, and Governance (ESG) considerations throughout the security selection process. The fund targets attractively valued debt instruments across developing nations and pays monthly distributions to shareholders. With a diversified portfolio of 141 holdings spanning government bonds and other emerging market debt instruments, NYLI Candriam Emerging Markets Debt Fund provides investors exposure to higher-yielding fixed-income opportunities in developing economies while maintaining a disciplined, analytical approach to credit assessment and portfolio management.

• Fund Family: New York Life Investment Management LLC
• Category: Emerging Markets Bond
• Performance Rating: Low
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MHYCX
• Share Class: Class C
• Index: JP Morgan EMBI Global Diversified TR

Performance

MHYCX had a total return of 5.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.36%.

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 C	1.79%
FGWMX	Fidelity	Fidelity Advisor New Markets Income M	1.04%
FGBMX	Fidelity	Fidelity Advisor New Markets Income Z	0.69%
FGZMX	Fidelity	Fidelity Advisor New Markets Income I	0.79%
FNMIX	Fidelity	Fidelity New Markets Income Fund	0.75%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MGHIX	Class I	0.85%
MGHAX	Class A	1.15%
MGHHX	Investor Class	1.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02802	Jul 31, 2026
Jun 30, 2026	$0.02382	Jun 30, 2026
May 29, 2026	$0.0244	May 29, 2026
Apr 30, 2026	$0.02538	Apr 30, 2026
Mar 31, 2026	$0.0239	Mar 31, 2026
Feb 27, 2026	$0.01652	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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