About MIXMX
NYLI Short Term Bond Fund is an open-end mutual fund focused on generating current income while aiming to preserve capital. The strategy invests primarily in investment-grade, short-duration fixed income, emphasizing U.S. Treasuries, high-quality corporates, and securitized debt, with credit quality and interest rate sensitivity managed in the short-term segment. The portfolio typically holds a broad mix of bonds and maintains a limited effective duration, positioning it to moderate volatility and dampen interest-rate risk relative to intermediate and long-term bond peers. The fund distributes income on a monthly basis and offers multiple share classes tailored to different investor types, including SIMPLE, investor, and institutional options. Management applies a flexible, research-driven approach to sector allocation, seeking attractive yield opportunities while maintaining a conservative risk posture supported by the resources of New York Life Fixed Income Investors. This fund serves as a core short-term bond allocation for investors looking to balance income needs with stability in diversified fixed income portfolios.
Fund Family New York Life Investment Management LLC
Category Short-Term Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MIXMX
Share Class Simple Class
Index Bloomberg 1-3 Y Government/Credit TR
MIXMX had a total return of 4.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.03%.
