NYLI Candriam Emerging Markets Debt Class C (MHYCX)
| Fund Assets | 57.17M |
| Expense Ratio | 2.25% |
| Min. Investment | $1,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 5.40% |
| Dividend Growth | -14.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.87 |
| YTD Return | 1.10% |
| 1-Year Return | 8.44% |
| 5-Year Return | 31.04% |
| 52-Week Low | 7.58 |
| 52-Week High | 8.03 |
| Beta (5Y) | 0.54 |
| Holdings | 118 |
| 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 8.44% 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 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% |
Top 10 Holdings
30.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 8.96% |
| Us Dollar | n/a | 3.72% |
| Indonesia (Republic of) 6.625% | INDON.6.625 02.17.37 REGS | 2.86% |
| Poland (Republic of) 5.125% | POLAND.5.125 09.18.34 10Y | 2.64% |
| Chile (Republic Of) 5.65% | CHILE.5.65 01.13.37 | 2.27% |
| Hungary (Republic Of) 7.625% | REPHUN.7.625 03.29.41 30Y | 2.06% |
| Kenya (Republic of) 8.7% | KENINT.8.7 02.26.39 REGS | 2.06% |
| Euro | n/a | 2.04% |
| Us Dollar | n/a | 2.03% |
| South Africa (Republic of) 7.1% | SOAF.7.1 11.19.36 REGS | 1.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jan 30, 2026 | $0.04137 | Jan 30, 2026 |