NYLI Floating Rate Investor Class (MXFNX)
| Fund Assets | 1.56B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.00% |
| Dividend Growth | -11.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.04 |
| YTD Return | 3.03% |
| 1-Year Return | 7.11% |
| 5-Year Return | 31.54% |
| 52-Week Low | 8.57 |
| 52-Week High | 9.05 |
| Beta (5Y) | n/a |
| Holdings | 540 |
| Inception Date | Feb 28, 2008 |
About MXFNX
The Fund's investment strategy focuses on Loan Participation with 1.13% total expense ratio. The minimum amount to invest in MainStay Funds Trust: MainStay Floating Rate Fund; Investor Class Shares is $1,000 on a standard taxable account. MainStay Funds Trust: MainStay Floating Rate Fund; Investor Class Shares seeks high current income. MXFNX, under normal circumstances, invests at least 80% of its assets in a portfolio of floating rate loans and other floating rate debt securities. MXFNX may also purchase fixed-income and variable rate debt securities and money market securities or instruments.
Performance
MXFNX had a total return of 7.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.97%.
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
6.25% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Treasury Bills | B.0 05.06.25 | 0.90% |
| U.S. Treasury Bills | B.0 05.08.25 | 0.73% |
| Allied Universal Holdco LLC, First Lien Initial U.S. Dollar Term Loan | UNSEAM.L 05.15.28 3 | 0.71% |
| AthenaHealth Group, Inc., First Lien Initial Term Loan | ATHENA.L 02.15.29 7 | 0.70% |
| Medline Borrower LP, First Lien Dollar Incremental Term Loan | MEDIND.L 10.23.28 6 | 0.61% |
| UKG, Inc., First Lien Initial Term Loan | ULTI.L 02.10.31 9 | 0.57% |
| Genesys Cloud Services, Inc., First Lien 2025 Dollar Term Loan | GCTI.L 01.30.32 17 | 0.52% |
| White Cap Supply Holdings LLC, First Lien Facility Tranche Term Loan C | WHTCAP.L 10.31.29 5 | 0.52% |
| AI Aqua Merger Sub, Inc., First Lien 2025 Refinancing Term Loan B | CULLHO.L 07.31.28 12 | 0.50% |
| SCIH Salt Holdings, Inc., First Lien Incremental Term Loan B1 | MORTON.L 01.31.29 6 | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.04909 | Jun 30, 2025 |
| May 30, 2025 | $0.05188 | May 30, 2025 |
| Apr 30, 2025 | $0.04972 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05007 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0459 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05104 | Jan 31, 2025 |