Morningstar

NYLIM MacKay Strategic Bond Class I MSDIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $8.42  /  0.00
  • Fund Size $1.9B
  • Adjusted Expense Ratio 0.680%
  • Net Expense Ratio 0.700%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 5.70%
  • Average Effective Duration 4.07 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis MSDIX

Will MSDIX outperform in the 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 MSDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

On the right path, but more work to do.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Better-defined responsibilities alongside recent changes have this management team trending in the right direction. It has yet to show it exceeds industry standards, but it now meets them, earning a People Pillar rating upgrade to Average from Below Average.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings MSDIX

More MSDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

4.49 81M
Government

United States Treasury Notes 4.375%

4.48 81M
Government

NYLIM U.S. Government Liquidity Class I

1.89 34M
Cash and Equivalents

United States Treasury Bonds 5.125%

1.06 19M
Government

Federal National Mortgage Association 5%

0.87 16M
Securitized

Federal National Mortgage Association 4.5%

0.84 15M
Securitized

Federal National Mortgage Association 5.5%

0.83 15M
Securitized

JP MORGAN MORTGAGE TRUST 2026-ACES1 0%

0.48 9M
Securitized

Federal Home Loan Mortgage Corp. 0%

0.44 8M
Securitized

PMT LOAN TRUST 2026-J3 0%

0.43 8M
Securitized

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