NYLI MacKay Strategic Bond Class C (MSICX)
| Fund Assets | 1.22B |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000 |
| Turnover | 131.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.23% |
| Dividend Growth | 10.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.80 |
| YTD Return | 5.20% |
| 1-Year Return | 3.29% |
| 5-Year Return | 14.82% |
| 52-Week Low | 8.46 |
| 52-Week High | 8.87 |
| Beta (5Y) | n/a |
| Holdings | 606 |
| Inception Date | Sep 1, 1998 |
About MSICX
NYLI MacKay Strategic Bond Fund Class C is a multisector bond mutual fund designed to deliver current income and total return by strategically investing in a diversified portfolio of debt securities. The fund typically allocates at least 80% of its assets to domestic and international bonds, providing exposure across a broad range of fixed income segments including government, corporate, and potentially emerging market debt. Leveraging a flexible, research-driven approach, the fund's management actively adjusts allocations based on global macroeconomic and sector-specific assessments, with the goal of optimizing risk-adjusted returns through dynamic risk management. The portfolio generally maintains high diversification, with hundreds of holdings and the top 10 usually accounting for about a quarter of total assets. Regular monthly dividend distributions and an emphasis on both credit quality and duration management make it relevant for investors seeking consistent income and diversified bond market exposure. The fund’s role in the financial market centers on offering access to active fixed income strategies that adapt to shifting credit, interest rate, and global economic conditions, helping to navigate complex environments while aiming to mitigate uncompensated risks.
Performance
MSICX had a total return of 3.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
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 | $0.0327 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0294 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0333 | Jun 30, 2025 |
| May 30, 2025 | $0.0277 | May 30, 2025 |
| Apr 30, 2025 | $0.0278 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0314 | Mar 31, 2025 |