MASAX – NYLIM MacKay Strategic Bond Class A Investment Strategy | Morningstar

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Strategy

The investment seeks total return by investing primarily in domestic and foreign debt securities. The fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a diversified portfolio of debt or debt-related securities. The average portfolio duration of the fund will normally vary from 0 to 7 years. The fund may invest in derivatives, such as futures, options, forward commitments and interest rate swap agreements to try to enhance returns or reduce the risk of loss by hedging certain of its holdings or manage duration. It may invest up to 25% of its total assets in swaps.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
MSDIX	NYLIM MacKay Strategic Bond Class I	Institutional	Open			Jan 2, 2004	$1.70B	0.680%	Above Average	$1M	$595.73M
MASAX	NYLIM MacKay Strategic Bond Class A	Front Load	Open			Feb 28, 1997	$203.84M	0.980%	Above Average	$15,000	$10.31M
MSYDX	NYLIM MacKay Strategic Bond Investor Class	Front Load	Open			Feb 28, 2008	$9.96M	1.220%	High	$1,000	−$1.17M
MSICX	NYLIM MacKay Strategic Bond Class C	Level Load	Open			Sep 1, 1998	$11.37M	1.970%	High	$1,000	$790,230.67
MSYEX	NYLIM MacKay Strategic Bond Class R6	Retirement, Large	Open			Feb 28, 2018	$2.60M	0.620%	Above Average	$0	−$4.08M

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