About MTMSX
NYLI MacKay Total Return Bond Fund SIMPLE Class is a mutual fund focused on achieving total return through a diversified portfolio of fixed-income securities. The fund employs a dynamic investment strategy that combines macroeconomic analysis with comprehensive security-level evaluation, utilizing both top-down and bottom-up approaches. This methodology is designed to identify and manage risks, including potential tail risks, by employing a rigorous, multi-factor screening process for credit assessment. The fund typically invests in a broad array of bonds, encompassing government, corporate, and other debt instruments, and it maintains a portfolio of several hundred individual holdings. Notably, the fund's management emphasizes risk-adjusted performance, striving for resilience across various market cycles. As part of the broader fixed-income sector, the fund plays a significant role for investors seeking diversification, income, and multi-scenario risk management within their overall portfolios. Its ongoing monitoring and adaptable strategy reflect its intent to balance income generation with capital preservation in changing market environments.
Fund Family New York Life Investment Management LLC
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol MTMSX
Share Class Simple Class
Index Bloomberg U.S. Aggregate Bond TR
MTMSX had a total return of -2.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been -0.16%.
