NYLI MacKay High Yield Corporate Bond Class C (MYHCX)
| Fund Assets | 11.19B |
| Expense Ratio | 1.83% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 5.11% |
| Dividend Growth | 2.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.20 |
| YTD Return | 0.60% |
| 1-Year Return | 5.05% |
| 5-Year Return | 16.27% |
| 52-Week Low | 4.81 |
| 52-Week High | 5.20 |
| Beta (5Y) | n/a |
| Holdings | 619 |
| Inception Date | Sep 1, 1998 |
About MYHCX
NYLI MacKay High Yield Corporate Bond Fund Class C is an open-end mutual fund focused on generating maximum current income by investing primarily in a diversified portfolio of high-yield corporate debt securities. Its principal aim is to provide attractive income potential, while capital appreciation serves as a secondary objective. The fund predominantly holds bonds rated below investment grade (commonly referred to as "junk bonds") or unrated securities considered of similar credit quality. This approach enables access to higher yields compared to traditional fixed-income securities. The fund’s management employs a disciplined process combining fundamental credit analysis with proprietary relative-value screening, drawing on the extensive fixed-income expertise of MacKay Shields LLC. Its portfolio is diversified across various issuers and sectors, and it includes both U.S. and global corporate bonds, targeting intermediate-term credit opportunities. Class C shares of the fund are characterized by a 1% contingent deferred sales charge (CDSC) if shares are redeemed within one year, and they typically present a higher expense ratio relative to other share classes. NYLI MacKay High Yield Corporate Bond Fund Class C serves investors seeking enhanced income with a tolerance for elevated credit risk, playing a significant role in the high-yield segment of the bond market.
Performance
MYHCX had a total return of 5.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGRMX | Fidelity | Fidelity Advisor High Income Fund - Class M | 1.17% |
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
| FAHCX | Fidelity | Fidelity Advisor Capital & Income Fund - Class I | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02104 | Jan 30, 2026 |
| Dec 18, 2025 | $0.02366 | Dec 18, 2025 |
| Nov 28, 2025 | $0.0214 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0229 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0221 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0221 | Aug 29, 2025 |