NYLI MacKay Strategic Bond Class I (MSDIX)
| Fund Assets | 1.80B |
| Expense Ratio | 0.68% |
| Min. Investment | $1,000,000 |
| Turnover | 136.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 5.42% |
| Dividend Growth | -0.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.72 |
| YTD Return | 1.63% |
| 1-Year Return | 5.29% |
| 5-Year Return | 19.60% |
| 52-Week Low | 8.70 |
| 52-Week High | 8.92 |
| Beta (5Y) | 0.24 |
| Holdings | 736 |
| 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 5.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04094 | Jun 30, 2026 |
| May 29, 2026 | $0.03941 | May 29, 2026 |
| Apr 30, 2026 | $0.03988 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04095 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03676 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04468 | Jan 30, 2026 |