Morningstar

NYLI MacKay High Yield Corporate Bd Cl A MHCAX

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub
  • NAV / 1-Day Return 5.28  /  0.00
  • Total Assets 11.5 Bil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 5.94%
  • Effective Duration 2.68 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:29 PM GMT+0

Morningstar’s Analysis MHCAX

Will MHCAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MHCAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MHCAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MHCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong team plying a robust and proven process.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

MainStay MacKay High Yield Corporate Bond boasts a skilled lead manager and stable team running a structured, risk-aware process.

by Jeana Marie Doubell
Rated on Published on

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Portfolio Holdings MHCAX

More MHCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Other Assets & Liabilities

5.69 603.4 Mil
—

Great Outdoors Group, Llc-Term B-2 Loan Cme Term S

0.94 99.7 Mil
Corporate

Sprint Capital Corporation 6.875%

0.88 93.8 Mil
Corporate

NMG Holding Co Inc. 7.125%

0.88 92.9 Mil
Corporate

TransDigm, Inc. 6.375%

0.74 78.5 Mil
Corporate

Clarivate Science Holdings Corp. 4.875%

0.60 63.5 Mil
Corporate

Mercer International Inc. 5.125%

0.57 60.8 Mil
Corporate

Talen Energy Supply LLC 8.625%

0.55 58.7 Mil
Corporate

Watco Companies, L.L.C. / Watco Finance Corp. 6.5%

0.55 58.1 Mil
Corporate

Jane Street Group LLC / JSG Finance Inc. 7.125%

0.54 57.1 Mil
Corporate

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