NYLI Floating Rate Investor Class (MXFNX)
| Fund Assets | 1.56B |
| Expense Ratio | 1.04% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 6.25% |
| Dividend Growth | -14.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 31, 2025 |
| Previous Close | 8.79 |
| YTD Return | 2.80% |
| 1-Year Return | 5.45% |
| 5-Year Return | 27.60% |
| 52-Week Low | 8.57 |
| 52-Week High | 9.03 |
| Beta (5Y) | n/a |
| Holdings | 541 |
| 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 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.92%.
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 Hi Inc C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate Hi Inc Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate Hi Inc I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate Hi Inc M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income | 0.73% |
Top 10 Holdings
6.84% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 07.01.25 | 1.74% |
| Allied Universal Holdco Llc | n/a | 0.69% |
| Government National Mortgage Association | GN.549424 | 0.68% |
| Federal National Mortgage Association | FN.667852 | 0.60% |
| Us Dollar | n/a | 0.59% |
| Ukg Inc. | n/a | 0.56% |
| White Cap Supply Holdings, Llc | n/a | 0.51% |
| Genesys Cloud Services, Inc. | n/a | 0.51% |
| Ai Aqua Merger Sub, Inc. | n/a | 0.49% |
| Scih Salt Holdings Inc | n/a | 0.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 31, 2025 | $0.05099 | Aug 31, 2025 |
| Jul 31, 2025 | $0.04977 | Jul 31, 2025 |
| 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 |