NYLI MacKay Strategic Bond Class I (MSDIX)
| Fund Assets | 1.22B |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000,000 |
| Turnover | 131.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.43% |
| Dividend Growth | 8.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.86 |
| YTD Return | 6.06% |
| 1-Year Return | 4.47% |
| 5-Year Return | 21.80% |
| 52-Week Low | 8.53 |
| 52-Week High | 8.94 |
| Beta (5Y) | n/a |
| Holdings | 606 |
| 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 4.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.
Top 10 Holdings
16.68% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 6.57% |
| United States Treasury Notes 4% | T.4 04.30.32 | 4.20% |
| Mainstay Funds Trust - Main US Government Liquidity Fund | MUSXX | 1.50% |
| Federal Home Loan Mortgage Corp. 5% | FR.RR0009 | 0.83% |
| Federal National Mortgage Association 2% | FN.MA4562 | 0.82% |
| Federal National Mortgage Association 5% | FN.MA5137 | 0.81% |
| DP World Salaam 6% | DPWDU.V6 PERP | 0.55% |
| MULTIFAMILY CONNECTICUT AVENUE SECURITIES TRUST 2025-01 0% | MCAS.2025-01 B1 | 0.49% |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R03 0% | CAS.2021-R03 1M2 | 0.47% |
| Federal Home Loan Mortgage Corp. 0% | MSCR.2024-MN9 M2 | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0416 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0386 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0424 | Jun 30, 2025 |
| May 30, 2025 | $0.0371 | May 30, 2025 |
| Apr 30, 2025 | $0.0371 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0407 | Mar 31, 2025 |