NYLI Floating Rate SIMPLE Class (MXFMX)
| Fund Assets | 1.62B |
| Expense Ratio | 1.29% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.20% |
| Dividend Growth | -10.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2025 |
| Previous Close | 8.77 |
| YTD Return | -0.40% |
| 1-Year Return | 4.05% |
| 5-Year Return | n/a |
| 52-Week Low | 8.57 |
| 52-Week High | 8.91 |
| Beta (5Y) | n/a |
| Holdings | 552 |
| Inception Date | Aug 31, 2020 |
About MXFMX
The Fund's investment strategy focuses on Loan Participation. The minimum amount to invest in MainStay Funds Trust: MainStay Floating Rate Fund; SIMPLE Class Shares is $1,000 on a standard taxable account. MainStay Funds Trust: MainStay Floating Rate Fund; SIMPLE Class Shares seeks high current income. MXFMX, under normal circumstances, invests at least 80% of its assets in a portfolio of floating rate loans and other floating rate debt securities. MXFMX may also purchase fixed-income and variable rate debt securities and money market securities or instruments.
Performance
MXFMX had a total return of 4.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
9.37% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills | B.0 04.15.25 | 2.79% |
| United States Treasury Bills | B.0 04.03.25 | 1.15% |
| United States Treasury Bills | B.0 04.08.25 | 1.12% |
| United States Treasury Bills | B.0 04.01.25 | 0.92% |
| Allied Universal Holdco Llc | n/a | 0.65% |
| Athenahealth Group Inc | n/a | 0.63% |
| Federal National Mortgage Association | FN.667852 | 0.56% |
| United States Treasury Bills | B.0 04.22.25 | 0.55% |
| Ukg Inc. | n/a | 0.52% |
| Genesys Cloud Services, Inc. | n/a | 0.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 31, 2025 | $0.05096 | May 31, 2025 |
| Apr 30, 2025 | $0.04883 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04917 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04517 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05046 | Jan 31, 2025 |
| Dec 31, 2024 | $0.05189 | Dec 31, 2024 |