NYLI MacKay High Yield Corporate Bond Class I (MHYIX)
| Fund Assets | 11.14B |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 6.32% |
| Dividend Growth | 2.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 5.20 |
| YTD Return | 6.50% |
| 1-Year Return | 6.70% |
| 5-Year Return | 24.20% |
| 52-Week Low | 4.81 |
| 52-Week High | 5.20 |
| Beta (5Y) | n/a |
| Holdings | 624 |
| Inception Date | Jan 2, 2004 |
About MHYIX
NYLI MacKay High Yield Corporate Bond Fund Class I is an institutional share class of an actively managed high-yield bond mutual fund. The fund’s primary objective is to generate maximum current income, with capital appreciation as a secondary goal, by investing predominantly in a diversified portfolio of non-investment-grade corporate debt securities. Under normal conditions, it allocates at least 80% of assets to high-yield corporate bonds, including both U.S. and foreign issuers, and may modestly allocate to equities and other income-producing securities. The portfolio is broadly diversified across issuers and industries, with hundreds of individual holdings and a focus on fundamental credit analysis and relative-value assessment by the MacKay Shields fixed-income team. As an institutional class, it is designed for larger, professionally managed accounts, reflected in its higher minimum initial investment and comparatively low net expense ratio for the strategy. The fund plays a role in the market as a dedicated high-yield credit strategy aiming to provide elevated income within the broader fixed-income universe.
Performance
MHYIX had a total return of 6.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.35%.
Top 10 Holdings
5.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Great Outdoors Group LLC, First Lien Term Loan B | BASSPR.L 01.23.32 7 | 0.88% |
| TransDigm, Inc. | TDG.6.375 03.01.29 144A | 0.72% |
| Clarivate Science Holdings Corp. | CLVTSC.4.875 07.01.29 144A | 0.58% |
| Jane Street Group | JANEST.7.125 04.30.31 144A | 0.55% |
| JB Poindexter & Co., Inc. | JBPOIN.8.75 12.15.31 144A | 0.54% |
| Talen Energy Supply LLC | TLN.8.625 06.01.30 144A | 0.53% |
| Jazz Securities DAC | JAZZ.4.375 01.15.29 144A | 0.52% |
| Quikrete Holdings, Inc. | QUIKHO.6.375 03.01.32 144A | 0.51% |
| CCO Holdings LLC | CHTR.4.5 05.01.32 | 0.48% |
| TK Elevator U.S. Newco, Inc. | THYELE.5.25 07.15.27 144A | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.02909 | Dec 18, 2025 |
| Nov 28, 2025 | $0.0264 | Nov 28, 2025 |
| Oct 31, 2025 | $0.028 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0274 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0275 | Aug 29, 2025 |
| Jul 31, 2025 | $0.029 | Jul 31, 2025 |