Morningstar

NYLI MacKay High Yield Muni Bond Class A MMHAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See New York Life Investment Hub

Morningstar’s Analysis MMHAX

Will MMHAX 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 MMHAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MMHAX 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 MMHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A time-tested approach earns a process upgrade.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Wielded by a stable, veteran municipal team, NYLI MacKay High Yield Muni Bond's durable, bottom-up approach merits a Process Pillar upgrade to High from Above Average, making this a topnotch offering within the high-yield muni Morningstar Category.

by Paul Olmsted
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center