NYLI Floating Rate Investor Class (MXFNX)
| Fund Assets | 1.56B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 7.16% |
| Dividend Growth | -9.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2025 |
| Previous Close | 8.77 |
| YTD Return | -0.16% |
| 1-Year Return | 3.55% |
| 5-Year Return | 28.09% |
| 52-Week Low | 8.57 |
| 52-Week High | 8.91 |
| Beta (5Y) | n/a |
| Holdings | 552 |
| 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 3.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
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 | $0.05188 | May 31, 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 |
| Dec 31, 2024 | $0.05246 | Dec 31, 2024 |