NYLI MacKay Strategic Bond Class I (MSDIX)
| Fund Assets | 1.59B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000,000 |
| Turnover | 136.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 5.28% |
| Dividend Growth | -1.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.88 |
| YTD Return | 1.42% |
| 1-Year Return | 8.80% |
| 5-Year Return | 20.68% |
| 52-Week Low | 8.16 |
| 52-Week High | 8.90 |
| Beta (5Y) | n/a |
| Holdings | 701 |
| Inception Date | Jan 2, 2004 |
About MSDIX
MainStay MacKay Strategic Bond Fund Class I is an institutional-class mutual fund specializing in the multisector bond category. Its primary purpose is to deliver total return by allocating investments across a diverse range of domestic and foreign debt securities, including U.S. Treasuries, corporate bonds, high-yield instruments, and securitized assets. The fund maintains a flexible mandate, typically investing at least 80% of its assets in bonds and employing both top-down and bottom-up research strategies to assess global opportunities. Notable features include active risk management, a focus on generating risk-adjusted returns, and dynamic portfolio adjustments in response to changing market conditions. The fund's holdings span investment-grade and below-investment-grade debt, with a duration profile that seeks to balance income with interest rate risk. This approach enables exposure to multiple credit sectors, aiming for a diversified source of returns. As a multisector bond fund, MainStay MacKay Strategic Bond Fund Class I plays a significant role for institutions and investors seeking broad fixed-income exposure and an actively managed alternative to single-sector bond funds, particularly during periods of market volatility or shifting interest rates.
Performance
MSDIX had a total return of 8.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.60%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04468 | Jan 30, 2026 |
| Dec 16, 2025 | $0.03577 | Dec 16, 2025 |
| Nov 28, 2025 | $0.0366 | Nov 28, 2025 |
| Oct 31, 2025 | $0.042 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0372 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0416 | Aug 29, 2025 |