NYLI Candriam Emerging Markets Debt Class C (MHYCX)
| Fund Assets | 57.25M |
| Expense Ratio | 2.22% |
| Min. Investment | $1,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 5.46% |
| Dividend Growth | -10.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.66 |
| YTD Return | -2.46% |
| 1-Year Return | 6.89% |
| 5-Year Return | 29.74% |
| 52-Week Low | 7.19 |
| 52-Week High | 8.03 |
| Beta (5Y) | n/a |
| Holdings | 113 |
| 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.
Performance
MHYCX had a total return of 6.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.34%.
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 | 1.79% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 1.04% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.69% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.79% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0239 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01652 | Feb 27, 2026 |
| 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 |