NYLI MacKay High Yield Corporate Bond Class C (MYHCX)

Fund Assets	10.42B
Expense Ratio	1.91%
Min. Investment	$1,000
Turnover	34.00%
Dividend (ttm)	0.26
Dividend Yield	4.98%
Dividend Growth	-0.99%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	5.13
YTD Return	1.62%
1-Year Return	3.24%
5-Year Return	14.84%
52-Week Low	5.09
52-Week High	5.25
Beta (5Y)	0.39
Holdings	655
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.

• Fund Family: New York Life Investment Management LLC
• Category: High Yield Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MYHCX
• Share Class: Class C
• Index: ICE BofA US High Yield Constrained TR

Performance

MYHCX had a total return of 3.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.51%.

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 M	0.98%
FGTMX	Fidelity	Fidelity Advisor High Income I	0.73%
FGSMX	Fidelity	Fidelity Advisor High Income C	1.73%
FGUMX	Fidelity	Fidelity Advisor High Income Z	0.63%
FAHCX	Fidelity	Fidelity Advisor Capital & Income I	0.93%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MHYSX	Class R6	0.57%
MHYIX	Class I	0.72%
MHCAX	Class A	0.97%
MHYRX	Class R2	1.07%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02136	Jul 31, 2026
Jun 30, 2026	$0.0207	Jun 30, 2026
May 29, 2026	$0.02105	May 29, 2026
Apr 30, 2026	$0.0184	Apr 30, 2026
Mar 31, 2026	$0.02144	Mar 31, 2026
Feb 27, 2026	$0.0191	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

Data Sources Report a data error