NYLIM MacKay High Yld Corp Bd Cl R6 (MHYSX)

Fund Assets	9.97B
Expense Ratio	0.564%
Min. Investment	$1,000
Turnover	34.00%
Dividend (ttm)	0.32
Dividend Yield	6.39%
Dividend Growth	-4.20%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	5.00
YTD Return	1.22%
1-Year Return	2.52%
5-Year Return	92.60%
52-Week Low	4.96
52-Week High	5.23
Beta (5Y)	0.39
Holdings	665
Inception Date	Jun 17, 2013

About MHYSX

NYLI MacKay High Yield Corporate Bond Fund Class R6 is a mutual fund specializing in high-yield corporate bonds. The fund's primary objective is to generate maximum current income by investing predominantly in a diversified portfolio of lower-rated, non-investment grade corporate debt securities, often referred to as 'junk bonds.' Capital appreciation serves as a secondary goal. This fund is managed by an experienced, dedicated team at MacKay Shields, whose investment process emphasizes rigorous, fundamental credit analysis and disciplined risk management, balancing higher income potential with a careful approach to credit and market risks. With a focus on the U.S. high-yield bond market, it holds a broad array of securities across various sectors, encompassing over 600 distinct holdings as of mid-2025. The fund typically maintains a below-average expense ratio relative to peers, aiming to enhance net returns for shareholders. Monthly income distributions further support its role as a source of regular cash flow for retirement and institutional investors. The NYLI MacKay High Yield Corporate Bond Fund Class R6 stands out in its category for stable management and a diversified, risk-aware approach, making it a key vehicle for investors seeking exposure to higher-yielding fixed income within the corporate bond universe.

• Fund Family: New York Life Investment Management LLC
• Category: High Yield Bond
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MHYSX
• Share Class: Class R6
• Index: ICE BofA US High Yield Constrained TR

Performance

MHYSX had a total return of 2.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.80%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FAGIX	Fidelity	Fidelity Capital & Income Fund	0.87%
FAHCX	Fidelity	Fidelity Advisor Capital & Income I	0.93%
FAHDX	Fidelity	Fidelity Advisor Capital & Income A	1.23%
FAHEX	Fidelity	Fidelity Advisor Capital & Income C	1.94%
FAHYX	Fidelity	Fidelity Advisor Capital & Income M	1.20%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MHYIX	Class I	0.72%
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	$0.02697	Oct 30, 2026
Sep 30, 2026	$0.02574	Sep 30, 2026
Aug 31, 2026	$0.02599	Aug 31, 2026
Jul 31, 2026	$0.02729	Jul 31, 2026
Jun 30, 2026	$0.02654	Jun 30, 2026
May 29, 2026	$0.02695	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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