NYLIM MacKay High Yield Corporate Bond Class I (MHYIX)

Fund Assets	9.97B
Expense Ratio	0.71%
Min. Investment	$1,000,000
Turnover	34.00%
Dividend (ttm)	0.31
Dividend Yield	6.21%
Dividend Growth	-4.21%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	5.02
YTD Return	1.29%
1-Year Return	2.58%
5-Year Return	19.16%
52-Week Low	4.98
52-Week High	5.25
Beta (5Y)	0.39
Holdings	665
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.

• Fund Family: New York Life Investment Management LLC
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MHYIX
• Share Class: Class I
• Index: ICE BofA US High Yield Constrained TR

Performance

MHYIX had a total return of 2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.31%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MHYSX	Class R6	0.57%
MHCAX	Class A	0.97%
MHYRX	Class R2	1.07%
MHHIX	Investor Class	1.16%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.0263	Oct 30, 2026
Sep 30, 2026	$0.02508	Sep 30, 2026
Aug 31, 2026	$0.02532	Aug 31, 2026
Jul 31, 2026	$0.02661	Jul 31, 2026
Jun 30, 2026	$0.02591	Jun 30, 2026
May 29, 2026	$0.02631	May 29, 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:

Nov 9, 2026

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